Land and home values in Fairbanks, AK
Fairbanks is a city in Fairbanks North Star Borough, Alaska, home to about 32,083 people. Residential land runs about $5.63 per sq ft, the typical home is worth about $312,000, and a 2-bedroom rents for about $1,500 a month, as of October 12, 2026.
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| Land: residential | $5.63 | per sq ft |
| Land: residential | $245,156 | per acre |
| Land: quarter-acre lot | $61,289 | 10,890 sq ft |
| Home: typical (median) | $312,000 | value |
| Home: entry-level | $213,000 | lower quartile |
| Home: upper-end | $395,000 | upper quartile |
| Build new | $177 | per sq ft, no land |
| Rent: 1-bedroom | $1,140 | per month |
| Rent: 2-bedroom | $1,500 | per month |
| Rent: 3-bedroom | $2,090 | per month |
| Rent: 4-bedroom | $2,500 | per month |
| Gross yield, 2-bed | 5.8% | a year |
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Questions people ask
How much is land worth in Fairbanks, AK?
Residential land in Fairbanks, AK is about $5.63 per square foot, or $245,156 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $61,289. Smaller lots sell for more per square foot and large tracts for less.
What is the typical home value in Fairbanks, AK?
The typical (median) home in Fairbanks, AK is worth about $312,000, with entry-level homes around $213,000 and upper-end homes around $395,000, as of October 2026.
How much is rent in Fairbanks, AK?
A 2-bedroom rents for about $1,500 a month in Fairbanks, AK, a 1-bedroom about $1,140 and a 3-bedroom about $2,090 (gross rent including utilities, HUD Fair Market Rent basis).
Is this an appraisal?
No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.