Can A Licensed Practical Nurse Afford Rent in Fairbanks, AK?

Stretched but workable — rent takes 30.3% of gross income.

Fairbanks rent: June 2026. Salary: BLS OEWS May 2024 (Alaska state estimate).

Fairbanks median rent
$1,720/mo
Licensed Practical Nurse salary (Alaska)
$68,085/yr
Rent as % of income
30.3%
Gross monthly income works out to about $5,674, and the 30% rule supports up to $1,702/mo in rent. Fairbanks's median rent of $1,720 exceeds that threshold by $18/mo, putting a licensed practical nurse salary into the rent-burdened range here. A licensed practical nurse works roughly 52.5 hours a month to cover that rent.

About rent and a licensed practical nurse salary

LPN pay sits modestly above the US median household income and covers comfortable rent in most lower- and mid-cost metros. At the national-average LPN salary, the 30% rule supports about $1,520 a month in rent. The per-city pages show which markets stay in range.

Cheaper rent nearby

These Alaska cities have lower median rent than Fairbanks, which improves the affordability math on a licensed practical nurse salary:

Wasilla, AK
$1,718/mo (30.3% of income)
Anchorage, AK
$1,716/mo (30.2% of income)
Wasilla, AK
$1,715/mo (30.2% of income)

Compare with full rent data for Fairbanks

View full rent data for Fairbanks, AK

Frequently asked questions

Can a licensed practical nurse afford rent in Fairbanks, AK?

Median rent in Fairbanks is $1,720 a month. A typical licensed practical nurse in Alaska earns about $68,085 a year, which makes that rent 30.3% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.

How much rent can a licensed practical nurse afford in Fairbanks?

Using the 30% rule, a licensed practical nurse salary in Alaska (~$68,085/yr) supports up to $1,702 a month in rent. Fairbanks's current median rent is $1,720/mo, which is $18/mo over the affordability threshold.

How many hours does a licensed practical nurse work to cover rent in Fairbanks?

At an hourly equivalent of about $33 an hour, a licensed practical nurse in Alaska works roughly 52.5 hours a month to cover Fairbanks's median rent of $1,720.

Where is rent cheaper than Fairbanks for a licensed practical nurse?

Nearby Alaska cities with lower median rent include Wasilla ($1,718/mo), Anchorage ($1,716/mo), Wasilla ($1,715/mo). Each shifts the affordability math materially on a licensed practical nurse salary.

Methodology: Salary uses the BLS-derived Alaska state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Fairbanks, AK. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.