Southeast Fairbanks Census Area renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Southeast Fairbanks Census Area is about $1,208 per month. This puts it in the 69th percentile compared to the state average cost of rent, which is $1,277. Households in Southeast Fairbanks Census Area have a median income of $6,727 per month so the average renter in Southeast Fairbanks Census Area is spending roughly 18% of their earnings on housing.
Nationally, and in Southeast Fairbanks Census Area, home values are the data point most closely correlated with the cost of rent. The median price of a home in Southeast Fairbanks Census Area is $205,716 right now, which is lower than nearby counties, meaning that rents in Southeast Fairbanks Census Area also tend to be lower versus these nearby counties.
Higher rent prices are common in the western parts of Southeast Fairbanks Census Area while lower rent rates are often available in eastern areas.
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