2026 Affordability Data
Most Affordable Neighborhoods in Fairbanks - 2026 Data
The median home value in Fairbanks is $262,000, 7% below nat'l avg. Median rent is $1,404/month. We ranked 15 neighborhoods by affordability to help you find the best value in the Fairbanks, AK area.
Key Takeaways: Affordability in Fairbanks
- 1The most affordable neighborhood in Fairbanks is Wasilla, with a median home value of $302,200.
- 2Fairbanks's median home value is $262,000, 7% below nat'l avg (national: $281,900).
- 3Median rent in Fairbanks is $1,404/month, 21% above nat'l avg (national: $1,163/month).
- 4We analyzed 15 neighborhoods in Fairbanks to find the most affordable areas based on home values, rent, and affordability index.
Fairbanks Affordability Overview
Median Home Value
$262,000
7% below nat'l avg
Median Rent
$1,404/mo
21% above nat'l avg
Median Income
$69,914
6% below nat'l avg
Affordability Index
N/A
Most Affordable Neighborhoods in Fairbanks (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | WasillaAK | $302,200 |
| 2 | Anchorage municipalityAK | $363,800 |
| 3 | AnchorageAK | $320,000 |
| 4 | Juneau city and boroughAK | $404,600 |
| 5 | Sitka city and boroughAK | $424,700 |
| 6 | SewardAK | $271,000 |
| 7 | ValdezAK | $251,100 |
| 8 | KodiakAK | $283,000 |
| 9 | KetchikanAK | $304,300 |
| 10 | BethelAK | $340,100 |
| 11 | UnalaskaAK | $434,200 |
| 12 | NomeAK | $333,300 |
| 13 | CordovaAK | $341,100 |
| 14 | KotzebueAK | $251,900 |
| 15 | HomerAK | $348,000 |
Detailed Neighborhood Profiles
Home Value: $302,200
Rent: $600/mo
Affordability: 398
Population: 9,267
Walk Score: 0/100
Home Value: $363,800
Rent: $600/mo
Affordability: 398
Population: 290,674
Walk Score: 0/100
Home Value: $320,000
Rent: $1,047/mo
Affordability: 73
Population: 291,247
Walk Score: 83/100
4
Home Value: $404,600
Rent: $1,464/mo
Population: 32,108
5
Home Value: $424,700
Rent: $1,309/mo
Population: 8,462
Walk Score: 0/100
6
Home Value: $271,000
Rent: $1,125/mo
Population: 2,768
Walk Score: 0/100
7
Home Value: $251,100
Rent: $1,408/mo
Population: 3,935
8
Home Value: $283,000
Rent: $1,348/mo
Population: 5,584
9
Home Value: $304,300
Rent: $1,214/mo
Population: 8,168
Walk Score: 0/100
10
Home Value: $340,100
Rent: $1,546/mo
Population: 6,312
Walk Score: 0/100
11
Home Value: $434,200
Rent: $1,732/mo
Population: 4,342
12
Home Value: $333,300
Rent: $1,626/mo
Population: 3,710
13
Home Value: $341,100
Rent: $1,375/mo
Population: 2,507
14
Home Value: $251,900
Rent: $1,633/mo
Population: 3,088
15
Home Value: $348,000
Rent: $1,180/mo
Population: 5,623
Frequently Asked Questions About Affordability in Fairbanks
What is the most affordable neighborhood in Fairbanks, AK?▾
Based on 2026 data, Wasilla is the most affordable neighborhood in Fairbanks with a median home value of $302,200. Kurby analyzed 15 neighborhoods in the Fairbanks area to compile these rankings.
What is the median home price in Fairbanks, AK?▾
The median home price in Fairbanks is $262,000, which is 7% below nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
What is the average rent in Fairbanks, AK?▾
The median monthly rent in Fairbanks is $1,404. This is 21% above nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Fairbanks?▾
The median household income in Fairbanks is $69,914 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Fairbanks are below the national average home price?▾
3 out of 15 ranked neighborhoods in Fairbanks have a median home value below the national average of $281,900. The most affordable is Seward at $271,000 (Source: Kurby, 2026).