2025 Compare Cities Housing:
Laramie, WY vs Fairbanks, AK

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Highlights
- The median age of a home in Laramie is 6.8% older than the median age of a home in Fairbanks.
 Laramie, WYFairbanks, AKUnited States
 Median Home Age44  Unlock42
 Median Home Cost  Unlock$275,600$338,100
 Home Appr. Last 12 months14.9%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock31.0%57.0%
 Home Appr. Last 10 yrs.88.0%  Unlock101.1%
 Property Tax Rate  Unlock$13.5$11.0
 Homes Owned42.3%  Unlock57.4%
 Housing Vacant  Unlock15.3%11.2%
 Homes Rented48.9%  Unlock31.4%
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 Avg Rent For Home Or Apartment
 Laramie, WYFairbanks, AKUnited States
 Average Rent  Unlock$2,160$1,840
 Studio Apartment$620  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,170$1,180
 2 Bedroom Home or Apartment$850  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$2,190$1,860
 4 Bedroom Home or Apartment$1,440  Unlock$2,160
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 Vacant Housing
 Laramie, WYFairbanks, AKUnited States
 Vacant For Rent  Unlock6.0%1.9%
 Vacant Rented1.0%  Unlock0.4%
 Vacant For Sale  Unlock0.7%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock1.0%3.6%
 Vacant Other3.5%  Unlock4.1%
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 Owner-Occupied Housing Value
 Laramie, WYFairbanks, AKUnited States
 Less Than $20,000  Unlock2.0%2.6%
 $20,000 to $39,9993.1%  Unlock2.4%
 $40,000 to $59,999  Unlock1.3%2.8%
 $60,000 to $79,9991.2%  Unlock3.9%
 $80,000 to $99,999  Unlock2.9%4.5%
 $100,000 to $149,9997.7%  Unlock11.3%
 $150,000 to $199,999  Unlock17.3%13.0%
 $200,000 to $299,99929.5%  Unlock20.1%
 $300,000 to $399,999  Unlock16.1%13.6%
 $400,000 to $499,9998.2%  Unlock8.3%
 $500,000 to $749,999  Unlock2.6%9.7%
 $750,000 to $999,9990.4%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.5%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.2%1.1%
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 Housing Units By Year Built
 Laramie, WYFairbanks, AKUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock11.6%13.6%
 2000 to 200913.1%  Unlock13.6%
 1990 to 1999  Unlock7.6%13.6%
 1980 to 198912.0%  Unlock13.2%
 1970 to 1979  Unlock21.1%14.8%
 1960 to 196912.8%  Unlock13.6%
 1950 to 1959  Unlock10.4%10.0%
 1940 to 19494.3%  Unlock4.7%
 1939 or Earlier  Unlock2.2%12.2%
Reviews for Laramie    20 Reviews

Over 3 years ago

Out of all the places we have lived, Laramie is our favorite place we have lived. The locals are nice. Neighbors know each other. Neighbors help each other out. If you  More

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I have lived in Laramie for 35 years. It's true If you want malls and shopping this is not the place for you. There is not much high fashion here. Laramie is for people  More

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I no longer fear hell as I have now lived in Laramie for 2 years. Where to begin? The first thing I will mention is the ridiculous housing prices for what you are  More

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Reviews for Fairbanks    20 Reviews

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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Over 14 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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Over 15 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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