Average Rent in Southeast Fairbanks Census, AK↓ Rents falling 4.5% YoY
HUD FY2025 · Official government data · Updated annually · Metro pop. 6,936
Market Overview
Southeast Fairbanks Census, AK has rental prices ranging from $894/month to $1,976/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $1,122/month — 20% below the national average of $1,400/month. With a median household income of $74,223/year, spending $1,122/month on a 1-bedroom represents 18% of gross income — within the recommended 30% threshold.
How Southeast Fairbanks Census Compares
With an average 2-bedroom rent of $1,250/month, Southeast Fairbanks Census ranks #23 most expensive of the 34 cities tracked in Alaska — pricier than 84% of all US cities in our data.
The Southeast Fairbanks Census Rental Market
The Southeast Fairbanks Census, AK area has a population of about 6,936 and 24% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.
Rent Trends
2-bedroom rents in Southeast Fairbanks Census, AK have fallen by $59/month (4.5%) over the past year, from $1,309 to $1,250. This slight decline is consistent with broader market corrections seen across US rental markets.
Affordability
To afford a 1-bedroom apartment in Southeast Fairbanks Census, AK without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $44,880. The local median household income of $74,223 exceeds that threshold by $29,343, making Southeast Fairbanks Census relatively accessible compared to local wages.
Economy & Jobs
Southeast Fairbanks Census, AK has an unemployment rate of 5.5%, 1.6 percentage points above the national average of 3.9%. A higher unemployment rate can moderate rental demand over time, which may help keep rent growth in check compared to tighter job markets.
Fair Market Rents
HUD FY2025Is Southeast Fairbanks Census, AK Affordable?
Income needed to rent or buy, price history, and how this city compares to nearby metros.
Affordability Index(30% income rule)
Nearby Cities in AKlargest metros in the state
| City | Studio | 1BR | 2BR | 3BR | Home Value |
|---|---|---|---|---|---|
| Anchorage | $1,089 | $1,191 | $1,563 | $2,190 | — |
| Matanuska | $1,019 | $1,055 | $1,384 | $1,939 | — |
| Fairbanks | $1,144 | $1,272 | $1,669 | $2,339 | — |
| Kenai Peninsula Borough | $943 | $949 | $1,245 | $1,745 | — |
| Juneau City and Borough | $1,202 | $1,336 | $1,753 | $2,456 | — |
| Bethel Census | $1,640 | $1,650 | $1,900 | $2,289 | — |
Rent or Buy in Southeast Fairbanks Census?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Southeast Fairbanks Census data
Buying breaks even after 1 year — worth it if you stay 1+ years.
Living in Southeast Fairbanks Census
Cost of living, job market, crime rates, and moving cost estimates.
Moving Cost Estimator
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Frequently Asked Questions
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💵Rent Affordability in Southeast Fairbanks CensusSalary needed to afford rent here
🗺️All Cities in AKSee how Southeast Fairbanks Census ranks statewide
⚖️Compare Southeast Fairbanks CensusSide-by-side rent & cost of living with any city
📋AK Tenant RightsDeposit limits, eviction laws & renters protections