close
View Me
Cheap Apartments for Rent in Fairbanks, AK from $600 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in Fairbanks.
close
View Me
close
View Me
close
View Me
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
close
View Me
2631 Horsetail Trail
FairbanksAK99709
close
View Me
close
View Me
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Showing Results 1-8, Page 1 of 1
Fairbanks, AK Local Guide
How much does it cost to rent an apartment in Fairbanks?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Fairbanks Studio Apartments | $5,967 | $5,967 | $5,967 |
| Cheap Fairbanks 1 Bedroom Apartments | $1,477 | $650 | $2,024 |
| Cheap Fairbanks 2 Bedroom Apartments | $1,655 | $1,374 | $2,147 |
| Cheap Fairbanks 3 Bedroom Apartments | $1,975 | $1,800 | $2,150 |
Browse Top Apartments in Fairbanks
See all Apartments in FairbanksExplore Fairbanks
Fairbanks, AK Local Guide
- Fairbanks Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Neighborhoods for Apartments in Fairbanks, AK
Pricing Updated: 06/28/2025Current apartment rentals in the Fairbanks, AK area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Fairbanks Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Fairbanks | $2,150 | $1,296 | 21 |
| Midtown Fairbanks | $5,967 | $650 | 27 |
Cheapest Available Fairbanks Apartments for Rent
The cheapest available apartment rental in Fairbanks, AK is a 1 Bed unit found at Willow Woods Apartments in the Downtown Fairbanks neighborhood priced from $1,296. Jillian Square Apartments in the Downtown Fairbanks neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,310. Here is today’s list of the most affordable Fairbanks apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Willow Woods Apartments | Small 1x1 | 1BR,1BA | $1,296 |
| Jillian Square Apartments | Debutante | 1BR,1BA | $1,310 |
| Wedgewood Resort Apartments | 1 Bedroom Suite | 1BR,1BA | $1,400 |
Best Value Apartments for Rent in Fairbanks, AK
As of June 28, 2025 the best value apartment in the Fairbanks area is the $1.57 price per square foot Large One-Bedroom Model at Sophie Plaza Apartments in the in the Midtown Fairbanks neighborhood starting from $1,417. The second greatest value Fairbanks apartment is the 2 Bedroom Model at 649 Jennie Ln starting at $1,500 with a $2.00 price per square foot in the Midtown Fairbanks neighborhood. Here is today’s list of the best values for Fairbanks apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sophie Plaza Apartments | Large One-Bedroom | 1BR,1BA | $1.57 |
| 649 Jennie Ln | 2 Bedroom | 2BR,1BA | $2.00 |
| Wedgewood Resort Apartments | 1 Bedroom Suite | 1BR,1BA | $1.96 |
| Willow Woods Apartments | Small 1x1 | 1BR,1BA | $2.12 |
| Jillian Square Apartments | Debutante | 1BR,1BA | $2.15 |
| Furnished Studio-Fairbanks - Old Airport Way | Furnished Studio-Fairbanks - Old Airport Way | Studio ,1BA | $19.89 |
| 1734 Army Rd, Unit D | 1734 Army Rd | 1BR,0.5BA | $3.25 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Let everyone know!
Do you know the Fairbanks area?
If you’re an expert on all things Fairbanks, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Best Local Schools in Fairbanks, AK
Woodriver Elementary
Fairbanks North Star Borough School District
Public School - Grades PK-5 (341)
7 out of 10
West Valley High School
Fairbanks North Star Borough School District
Public School - Grades 9-12 (906)
5 out of 10
Barnette Magnet School
Fairbanks North Star Borough School District
Public School - Grades PK-8 (426)
6 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Fairbanks, AK Rentals by Map
See the most popular apartments and homes in Fairbanks, AK
Fairbanks, AK Apartments MapFairbanks, AK Rental Homes MapGetting Around Fairbanks, AK
Walk Score®
41 / 100
Car-Dependent
Most errands require a car
Bike Score®
60 / 100
Bikeable
Some bike infrastructure
Transit Score®
18 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Fairbanks Apartments
How much is rent for a Cheap One Bedroom Fairbanks Apartment?
The lowest price for a Cheap One Bedroom Fairbanks Apartment is $1,296 at Willow Woods Apartments.
What is the lowest price for a Cheap Two Bedroom Fairbanks Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Fairbanks is starting from $1,374 at Jillian Square Apartments.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.