Rent Your Vacation Home or Condo in Fairbanks, Alaska

Positive vacation rental trends in Fairbanks, Alaska when you considering renting out your Fairbanks home as a short-term vacation rental include: Workers are opting to stay in the city during their breaks. This means that there is more demand for short-term rentals and less supply. Vacationers are traveling further to experience Alaska. This means there will be more demand for short-term rentals and less supply. Fairbanks’ love of outdoor activities and outdoor events means you will be getting more guests using your rental home to explore this area.

When partnering with RedAwning for your property management needs, we can make sure your Fairbanks rental is set up correctly and ready to generate the most amount of revenue possible per stay.

Current Vacation Rental Trends in Fairbanks

During the month of January, Fairbanks is projected to generate over $164/night for a 2 bedroom vacation rental, on average! There were 590 vacation active rental properties in Fairbanks.  517 are renting the entire place, and 73 are shared rooms.  On average, during the month of January 2023, each vacation rental property in Fairbanks is booked 60% of the time, and most hosts are projected to generate $2,395 or more during the month of January! See how much you could earn with our free vacation rental income calculator.
tag

$164.00 Per Night*

calendar

60% Occupied*

gauge

$2,395.00 Per Month*

* Based on the median average of all vacation rentals in the Fairbanks area.
Get a free estimate for your home or condo.

Vacation Rentals in Fairbanks are generating record profits with RedAwning.
Find out how you can exceed your revenue goals with RedAwning's property management resources.

Successful short-term vacation rentals in Fairbanks, Alaska

Fairbanks is a great place to live and vacation. With plenty of attractions nearby, visitors can make the most of their time in Fairbanks. Many short-term rental properties in Fairbanks are available for rent. These properties offer travelers a comfortable and affordable place to stay. If you want to own your own short-term rental property in Fairbanks, there are a few things you need to know. First, you need to get a license from the city. Second, you need to follow local regulations, including noise limits and restrictions on rentals during certain times of the year. Finally, you need to get your property ready for guests. This can include cleaning, ensuring that all amenities are working properly, and making sure everything is in order.

Fairbanks, Alaska is a booming tourist destination with great weather and opportunities for outdoor activities. As a result, there are many vacation rental homes in Fairbanks that can be rented as a short-term rental. There are many advantages to renting out your Fairbanks home as a short-term rental: You can keep your Fairbanks home at the same temperature as when you are away. In addition, you do not need to worry about making regular home repairs or improvements because the short-term renter takes care of those things for you. It is also easier to get a mortgage on a short-term rental property than it is on a long-term property. This flexibility is especially important if you own several properties that you want to sell or rent out.

RedAwning takes the guess-work out of Fairbanks property management, and we work with you to ensure your Fairbanks short-term rental is set up perfectly to attract guests and maximize your rental revenue, from day-one.

See how much your Fairbanks vacation rental could earn:

Revenue Projections for Vacation Rentals in Fairbanks, Alaska during February, 2023

Based on a 2 bedroom, which is the most common Fairbanks vacation rental home size, we've come up with an estimated rental amount you could charge per night and how much demand there is for each day in February. Higher bars below can command higher prices, if your Fairbanks vacation rental is available during these days.
 
$15377%1st
 
$15578%2nd
 
$15780%3rd
 
$15679%4th
 
$15378%5th
 
$15276%6th
 
$15175%7th
 
$15076%8th
 
$15177%9th
 
$15278%10th
 
$15579%11th
 
$15478%12th
 
$15276%13th
 
$15176%14th
 
$15177%15th
 
$15680%16th
 
$15883%17th
 
$16285%18th
 
$15583%19th
 
$15581%20th
 
$15580%21st
 
$15279%22nd
 
$15380%23rd
 
$15979%24th
 
$15977%25th
 
$15776%26th
 
$15874%27th
 
$15874%28th
 

Average Daily Price & Percent Occupied Next Month In Fairbanks

Note: These averages are based on a 2 bedroom home in Fairbanks. If you'd like to find out how much revenue your home could make by providing the number of bedrooms and specifics about your vacation rental, please try our  free vacation rental calculator and/or speak with one of our vacation rental experts about your vacation home, condo or unique vacation rental experience.

Interested in learning how you can maximize your vacation rental revenue in Fairbanks, Alaska?

If you are a speculative home buyer or have another home in Alaska, check out our other Alaska Vacation Rental Management reports in AnchorageJuneauHomerGirdwood,  and Kenai Peninsula, Alaska or view all of our vacation rental market reports

Request More Information