Fairbanks-College
Alaska · Ranked #83 of 373 metros
87Affordable
💡
Housing in Fairbanks-College costs 3.31× the median income, below the national average of 4.5×. The median home price is $286K and median rent is $1,503/month. Fairbanks-College ranks #83 of 373 metros for affordability.
Median Home Price
🏠$286K
Need $84K income
Median Rent
🔑$1,503
Need $60K income
Building Permits
🔨18
annual
Median Income
💰$86K
Pop: 94,900
Rent Burden
⚠️25.4%
of renters paying >30%
Homeownership
🏡64.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Fairbanks-College | National |
|---|---|---|
| Price-to-Income Ratio | 3.31x | 6.1x |
| Rent Burden | 25.4% | 31.5% |
| Homeownership Rate | 64.0% | 65.5% |
| YoY Rent Change | 0% | +2.8% |
| Mortgage Denial Rate | 0.0% | 13.5% |
| Eviction Rate | 0.0% | 3.6% |
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$1,156/mo
1 Bedroom$1,277/mo
2 Bedroom$1,676/mo
3 Bedroom$2,331/mo
4 Bedroom$2,812/mo
Zillow Market Data
Home Value (ZHVI)
$297K
1yr: -0.7%5yr: +7.4%
Rent (ZORI)
$1,904/mo
1yr: +3.9%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$257K
Active Inventory
135
Days on Market
118
Sold Above List
2.8%
Price Drops
23.0%