| Fairbanks, AK | |
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| State | Alaska |
| Population | 31,551 |
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In comparison to the surrounding areas, Fairbanks is a bit less expensive, and it is similar compared to the nation as a whole.
The value of the median home in Fairbanks is $211,500. This is about $39,867 (15%) lower in comparison to its nearby areas.Compared to the US as a whole it is approximately $6,000 (2%) lower.
Fairbanks's median rent is $1,388 a month. Compared to its surrounding areas this is approximately $357 (34%) higher.It is roughly $326 (30%) higher in comparison to the rest of the nation.
Farmers Loop is Fairbanks's neighbor to the northwest. Real estate prices there are a bit more expensive. The median home cost in Farmers Loop is $273,800, which works out to $62,300 (22%) higher than Fairbanks. Rents there are substantially less expensive. The median monthly rent in Farmers Loop is $899, which works out to $489 (54%) lower than Fairbanks.
College is Fairbanks's neighbor to the west. The real estate prices there are somewhat more expensive. College's median home price is $244,700, which comes out to $33,200 (13%) higher than Fairbanks. Rent there is somewhat less expensive. In College the median rent is $1,304 per month, which is $84 (6%) lower than Fairbanks.
Badger is Fairbanks's neighbor to the east. Its real estate prices are a bit more expensive. The median home value in Badger is $224,900, which comes out to $13,400 (5%) higher than Fairbanks. Rent there is a little less expensive. In Badger the median rent is $1,309 per month, which works out to $79 (6%) lower than Fairbanks.
Steele Creek is Fairbanks's neighbor to the northeast. Housing prices there are a bit more expensive. The value of the median home in Steele Creek is $269,100, which is $57,600 (21%) higher than Fairbanks. Rents there are significantly less expensive. The median monthly rent in Steele Creek is $861, which works out to $527 (61%) lower than Fairbanks.
North Pole is approximately 8 miles east of Fairbanks. Housing prices there are a bit more expensive. The median home in North Pole costs $226,000, which works out to $14,500 (6%) higher than Fairbanks. The rent there is somewhat less expensive. North Pole's median monthly rent is $1,122, which is $266 (23%) lower than Fairbanks.
Goldstream is about 10 miles west from Fairbanks. Housing prices there are a little more expensive. The median home in Goldstream costs $269,700, which comes out to $58,200 (21%) higher than Fairbanks. Rents there are a lot less expensive. In Goldstream the median monthly rent is $691, which comes out to $697 (100%) lower than Fairbanks.