Example household · $83,730 · same pay · 1 adult

Fairbanks

Housing in Fairbanks, AK: Rent, Home Prices & Property Tax

$1,954 left/mo

$1,378/mo (1 bd) in Fairbanks. Median home $282,500. Property tax 1.26%.

Rent (1-bedroom)
$1,378
/mo
Buy
$2,096
Mortgage, tax, insurance
Buying costs more
$718
/mo

To buy

  • 20% down payment$56,500
  • Mortgage at 7.24%$1,540
  • Property tax (1.26% of value)$297/mo · $3,560/yr
  • Insurance and upkeep$259
  • Monthly total$2,096

Months to 20% down

$1,954 left each month. About 29 months (2.4 years) to save $56,500.

Rent is Zillow asking rent. The price is the Census median home value. The mortgage is a 30-year fixed at 7.24%, the Freddie Mac PMMS average for the week of Oct 29, 2026, with 20% down.

Guide: state tax and rent when you compare cities

Moving from Fairbanks

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