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2026 Compare Cities Housing:
Fairbanks, AK vs Chattanooga, TN

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Highlights
- The median age of a home in Fairbanks is 14.6% younger than the median age of a home in Chattanooga.
 Fairbanks, AKChattanooga, TNUnited States
 Median Home Age41  Unlock42
 Median Home Cost  Unlock$273,300$338,100
 Home Appr. Last 12 months8.2%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock75.7%57.0%
 Home Appr. Last 10 yrs.43.5%  Unlock101.1%
 Property Tax Rate  Unlock$8.0$11.0
 Homes Owned32.0%  Unlock57.4%
 Housing Vacant  Unlock10.5%11.2%
 Homes Rented52.7%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Fairbanks, AKChattanooga, TNUnited States
 Average Rent  Unlock$1,450$1,840
 Studio Apartment$1,030  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$990$1,180
 2 Bedroom Home or Apartment$1,540  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,480$1,860
 4 Bedroom Home or Apartment$2,630  Unlock$2,160
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 Vacant Housing
 Fairbanks, AKChattanooga, TNUnited States
 Vacant For Rent  Unlock2.5%1.9%
 Vacant Rented1.0%  Unlock0.4%
 Vacant For Sale  Unlock1.0%0.7%
 Vacant Sold1.1%  Unlock0.4%
 Vacant Vacation  Unlock1.0%3.6%
 Vacant Other5.5%  Unlock4.1%
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 Owner-Occupied Housing Value
 Fairbanks, AKChattanooga, TNUnited States
 Less Than $20,000  Unlock1.7%2.6%
 $20,000 to $39,9994.5%  Unlock2.4%
 $40,000 to $59,999  Unlock2.5%2.8%
 $60,000 to $79,9991.4%  Unlock3.9%
 $80,000 to $99,999  Unlock5.7%4.5%
 $100,000 to $149,99911.6%  Unlock11.3%
 $150,000 to $199,999  Unlock20.9%13.0%
 $200,000 to $299,99936.5%  Unlock20.1%
 $300,000 to $399,999  Unlock11.1%13.6%
 $400,000 to $499,9992.9%  Unlock8.3%
 $500,000 to $749,999  Unlock4.4%9.7%
 $750,000 to $999,9990.0%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock1.0%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.5%1.1%
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 Housing Units By Year Built
 Fairbanks, AKChattanooga, TNUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock12.5%13.6%
 2000 to 200911.6%  Unlock13.6%
 1990 to 1999  Unlock9.7%13.6%
 1980 to 198924.8%  Unlock13.2%
 1970 to 1979  Unlock12.9%14.8%
 1960 to 19697.6%  Unlock13.6%
 1950 to 1959  Unlock13.5%10.0%
 1940 to 19494.8%  Unlock4.7%
 1939 or Earlier  Unlock12.3%12.2%
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Reviews for Fairbanks    20 Reviews
Martin · North Pole, AK
Comfortable, But Winters Are Getting Harder
Over 11 years ago

I have lived in the Fairbanks area for about 25 years and have become very comfortable with the community and the lifestyle here. That said, retirement is fast  More

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CJ · Ogden, UT
Interested in Fairbanks
Over 15 years ago

Comments about Fairbanks, both positive and negative, are of interest to me. Was in Fairbanks this past March [and north on Cleary Summit] and fell in love with the  More

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Sandy · Fairbanks, AK
Think Twice!
Over 16 years ago

I came to Alaska 15 years ago on an adventure and first lived in Juneau, which I LOVED and then moved to Eagle River, which I loved and now live in Fairbanks! I do not  More

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Reviews for Chattanooga    60 Reviews
philip · Chattanooga, TN
Moving East
Over 5 years ago

Moved to Chattanooga from the San Francisco Bay area. It was a hard one but after losing much in the 2017, 2018, 2019 annual wildfire festival of California I got tired  More

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Audra · East Ridge, TN
Let's get real about Chattanooga.
Over 5 years ago

I feel like the crime in Chattanooga gets glossed over in most reviews. Lived here virtually my entire life and I will truly miss the golden sunrises against the  More

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Lewan · Cleveland, TN
“There”s a song for you in Tennessee “
Over 5 years ago

I live in nearby Cleveland TN where I have lived for 20 years. I like to shop and visit Chattanooga as there is a lot to do but they do have a very high crime rate.   More

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Learn More About Fairbanks, Alaska
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