Rent in 99701 (Fairbanks, AK)
In ZIP 99701 (Fairbanks, AK), a 2-bedroom typically rents for $1,400–$1,553 a month, 10% below the Fairbanks North Star Borough Fair Market Rent of $1,553. Other sizes: studio $903–$1,081, 1 bed $1,046–$1,187, 3 beds $1,993–$2,150, 4 beds $2,596. Owner-occupied homes in Fairbanks North Star Borough pay about 1.19% 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 | Range | Best guess | County FMR |
|---|---|---|---|
| Studio | $903–$1,081 | $903 | $1,08116% below |
| 1 bed | $1,046–$1,187 | $1,046 | $1,18712% below |
| 2 beds | $1,400–$1,553 | $1,400 | $1,55310% below |
| 3 beds | $1,993–$2,150 | $1,993 | $2,1507% below |
| 4 beds | $2,596 | $2,596 | $2,596used above |
- Studio: Census ACS 5-year median gross rent $903 ±$219 (Dec 31, 2024); HUD Fair Market Rent (county) $1,081 (Oct 1, 2026)
- 1 bed: Census ACS 5-year median gross rent $1,046 ±$97 (Dec 31, 2024); HUD Fair Market Rent (county) $1,187 (Oct 1, 2026)
- 2 beds: Census ACS 5-year median gross rent $1,400 ±$37 (Dec 31, 2024); HUD Fair Market Rent (county) $1,553 (Oct 1, 2026)
- 3 beds: Census ACS 5-year median gross rent $1,993 ±$246 (Dec 31, 2024); HUD Fair Market Rent (county) $2,150 (Oct 1, 2026)
- 4 beds: HUD Fair Market Rent (county) $2,596 (Oct 1, 2026)
Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
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Frequently asked questions
- What is the rent for a 2-bedroom in 99701?
- Typically $1,400–$1,553 a month, with a best guess of $1,400. That is 10% below the Fairbanks North Star Borough Fair Market Rent ($1,553).
- What is the rent for a 1-bedroom in 99701?
- Typically $1,046–$1,187 a month, with a best guess of $1,046. That is 12% below the Fairbanks North Star Borough Fair Market Rent ($1,187).
- What is the rent for a 3-bedroom in 99701?
- Typically $1,993–$2,150 a month, with a best guess of $1,993. That is 7% below the Fairbanks North Star Borough Fair Market Rent ($2,150).
- What is the rent for a studio in 99701?
- Typically $903–$1,081 a month, with a best guess of $903. That is 16% below the Fairbanks North Star Borough Fair Market Rent ($1,081).
- What is the rent for a 4-bedroom in 99701?
- $2,596 a month, the HUD Fair Market Rent for Fairbanks North Star Borough; there is no ZIP-level figure for 99701.
- What is the property tax rate in ZIP 99701?
- Owner-occupied homes in Fairbanks North Star Borough pay a typical 1.19% 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 the 99701 rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).