Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Fairbanks area can be challenging. Home prices in Fairbanks are now at a median cost of $136,357, lower than the Arkansas average of $160,541.
The average cost of rent is $885/mo in Fairbanks, primarily driven by the current value of real estate in the Fairbanks area. While nearly 65.64% of residents own their homes outright in Fairbanks, 26.41% rent.
Housing affordability isn’t just about home prices, though. The average household income in Fairbanks is $3,842 per month. Households that rent pay about 23.04% of their income on rent here. Fairbanks's most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Quitman, AR: equally priced homes
- Gravesville, AR: higher priced homes
- Enders, AR: higher priced homes
- Morganton, AR: less expensive homes
- Bee Branch, AR: less expensive homes
- Southside, AR: less expensive homes
- Guy, AR: higher priced homes
- Damascus, AR: equally priced homes
- Pearson, AR: higher priced homes
- Whipple, AR: less expensive homes
Cities with Similar Populations
- Oakland Mills, PA: less expensive homes
- North Cuba, NY: less expensive homes
- North Fenton, NY: equally priced homes
- North Fryeburg, ME: higher priced homes
- North Granville, NY: higher priced homes
- North Henderson, NC: less expensive homes
- North Patton, MO: less expensive homes
- North Plato, IL: higher priced homes
- North Wade, ME: less expensive homes
- North Winfield, NY: less expensive homes
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