Fairbanks North Star Borough, AK

2025 Fair Market Rents

Tags: 2025 Fairbanks, AK MSA

Return to the state page to see where Alaska ranks nationally and to view information on other counties. Click on the map to view a different county.

The top four largest cities in Fairbanks North Star Borough are Fairbanks, North Pole, Fort Wainwright, and Eielson Afb. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Fairbanks North Star Borough use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Fairbanks North Star Borough is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Fairbanks North Star Borough compare?

Fairbanks North Star Borough ($1,669) has a 17% higher FMR for 2-Bedroom housing than the average of Alaska ($1,427) and therefore a higher gross rent.

Fairbanks North Star Borough is rank 7th out of 30 counties. This means the FMRs, or in other words, the gross rent is higher than 23 other counties. Fairbanks North Star Borough is the 7th most expensive county in terms of FMRs.

Rent Tables Fairbanks North Star Borough, AK

Fair Market Rent (40th Percentile)

$1,144
studio
$1,272
1-Bedroom
$1,669
2-Bedroom
$2,339
3-Bedroom
$2,803
4-Bedroom

Median Rent (50th Percentile)

$1,201
studio
$1,335
1-Bedroom
$1,752
2-Bedroom
$2,455
3-Bedroom
$2,942
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
99701 $1,010 $1,130 $1,490 $2,090 $2,520
99702 $1,610 $1,790 $2,350 $3,290 $3,950
99703 $1,660 $1,840 $2,420 $3,390 $4,060
99705 $1,160 $1,290 $1,690 $2,370 $2,840
99706 $1,010 $1,140 $1,490 $2,100 $2,520
99707 $1,150 $1,270 $1,670 $2,340 $2,800
99708 $1,150 $1,270 $1,670 $2,340 $2,800
99709 $1,030 $1,140 $1,500 $2,100 $2,520
99712 $1,010 $1,130 $1,490 $2,090 $2,520
99714 $1,330 $1,480 $1,940 $2,720 $3,260
99725 $1,030 $1,140 $1,500 $2,100 $2,520
99775 $1,040 $1,160 $1,520 $2,130 $2,550
99790 $1,010 $1,140 $1,490 $2,100 $2,520
99706 $1,010 $1,140 $1,490 $2,100 $2,520
99701 $1,010 $1,130 $1,490 $2,090 $2,520
99790 $1,010 $1,140 $1,490 $2,100 $2,520
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
99701 $909 $1,017 $1,341 $1,881 $2,268
99702 $1,449 $1,611 $2,115 $2,961 $3,555
99703 $1,494 $1,656 $2,178 $3,051 $3,654
99705 $1,044 $1,161 $1,521 $2,133 $2,556
99706 $909 $1,026 $1,341 $1,890 $2,268
99707 $1,035 $1,143 $1,503 $2,106 $2,520
99708 $1,035 $1,143 $1,503 $2,106 $2,520
99709 $927 $1,026 $1,350 $1,890 $2,268
99712 $909 $1,017 $1,341 $1,881 $2,268
99714 $1,197 $1,332 $1,746 $2,448 $2,934
99725 $927 $1,026 $1,350 $1,890 $2,268
99775 $936 $1,044 $1,368 $1,917 $2,295
99790 $909 $1,026 $1,341 $1,890 $2,268
99706 $909 $1,026 $1,341 $1,890 $2,268
99701 $909 $1,017 $1,341 $1,881 $2,268
99790 $909 $1,026 $1,341 $1,890 $2,268
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
99701 $1,111 $1,243 $1,639 $2,299 $2,772
99702 $1,771 $1,969 $2,585 $3,619 $4,345
99703 $1,826 $2,024 $2,662 $3,729 $4,466
99705 $1,276 $1,419 $1,859 $2,607 $3,124
99706 $1,111 $1,254 $1,639 $2,310 $2,772
99707 $1,265 $1,397 $1,837 $2,574 $3,080
99708 $1,265 $1,397 $1,837 $2,574 $3,080
99709 $1,133 $1,254 $1,650 $2,310 $2,772
99712 $1,111 $1,243 $1,639 $2,299 $2,772
99714 $1,463 $1,628 $2,134 $2,992 $3,586
99725 $1,133 $1,254 $1,650 $2,310 $2,772
99775 $1,144 $1,276 $1,672 $2,343 $2,805
99790 $1,111 $1,254 $1,639 $2,310 $2,772
99706 $1,111 $1,254 $1,639 $2,310 $2,772
99701 $1,111 $1,243 $1,639 $2,299 $2,772
99790 $1,111 $1,254 $1,639 $2,310 $2,772

Fair Market Rents on this page apply to the following cities in Fairbanks North Star Borough, Alaska: Fairbanks, North Pole, Fort Wainwright, Eielson Afb, Ester, and Salcha.

These Fair Market Rents also apply to the following ZIP codes in Fairbanks North Star Borough, Alaska: 99709, 99705, 99701, 99712, 99708, 99703, 99707, 99702, 99706, 99775, 99725, 99714, and 99790.

Fairbanks North Star Borough, AK is considered part of the following metro FMR area: FAIRBANKS, AK MSA.

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Fair Market Rents are published by the Department of Housing And Urban Development.