Rent in Fairbanks, LA
A 2-bedroom in Fairbanks, LA (ZIP 71240) typically rents for about $1,017 a month, with a range of $1,017. There are no ZIP-level rent figures here, so these use the HUD Fair Market Rent for Ouachita Parish. Owner-occupied homes in Ouachita Parish pay about 0.54% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $782 | $782 | 1 |
| 1 bed | $794 | $794 | 1 |
| 2 beds | $1,017 | $1,017 | 1 |
| 3 beds | $1,314 | $1,314 | 1 |
| 4 beds | $1,337 | $1,337 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD county Fair Market Rents (Oct 1, 2026).
Fairbanks ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Fairbanks, LA?
- About $1,017 a month: the median of the typical rents in 1 ZIP code, which range from $1,017. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Fairbanks, LA?
- About $794 a month: the median of the typical rents in 1 ZIP code, which range from $794. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Fairbanks, LA?
- About $1,314 a month: the median of the typical rents in 1 ZIP code, which range from $1,314. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Fairbanks, LA?
- About $782 a month: the median of the typical rents in 1 ZIP code, which range from $782. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Fairbanks, LA?
- About $1,337 a month: the median of the typical rents in 1 ZIP code, which range from $1,337. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Fairbanks, LA?
- Owner-occupied homes in Ouachita Parish pay a typical 0.54% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Fairbanks rent figures come from?
- HUD county Fair Market Rents (Oct 1, 2026).