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Cheap Apartments for Rent in Fairbanks, AK from $600 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in Fairbanks.
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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.
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685 Nichols Ln
FairbanksAK99712
3730 Lismore Cir
North PoleAK99705
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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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 | $5,269 | $5,269 | $5,269 |
| Cheap Fairbanks 1 Bedroom Apartments | $1,531 | $875 | $2,024 |
| Cheap Fairbanks 2 Bedroom Apartments | $1,677 | $1,374 | $2,190 |
| Cheap Fairbanks 3 Bedroom Apartments | $2,275 | $2,150 | $2,400 |
Browse Top Apartments in Fairbanks
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Fairbanks, AK Local Guide
- Fairbanks Neighborhoods
- Nearby Cities
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- Local Counties
Cheapest Neighborhoods for Apartments in Fairbanks, AK
Pricing Updated: 07/31/2025Current 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 | $1,494 | $1,310 | 22 |
| Midtown Fairbanks | $5,269 | $875 | 26 |
Cheapest Available Fairbanks Apartments for Rent
The cheapest available apartment rental in Fairbanks, AK is a 1 Bed unit found at Jillian Square Apartments in the Downtown Fairbanks neighborhood priced from $1,310. Willow Woods Apartments in the Downtown Fairbanks neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,316. Here is today’s list of the most affordable Fairbanks apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Jillian Square Apartments | Debutante | 1BR,1BA | $1,310 |
| Willow Woods Apartments | Small 1x1 | 1BR,1BA | $1,316 |
| Wedgewood Resort Apartments | 1 Bedroom Suite | 1BR,1BA | $1,400 |
Best Value Apartments for Rent in Fairbanks, AK
As of July 31, 2025 the best value apartment in the Fairbanks area is the $2.24 price per square foot 2815 Wilson St Model at 2815 Wilson St, Unit # 3 in the in the Downtown Fairbanks neighborhood starting from $1,900. 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. |
|---|---|---|---|
| 2815 Wilson St, Unit # 3 | 2815 Wilson St | 2BR,1BA | $2.24 |
| 649 Jennie Ln | 2 Bedroom | 2BR,1BA | $2.00 |
| Wedgewood Resort Apartments | 1 Bedroom Suite | 1BR,1BA | $1.96 |
| 1552 Turner St, Unit B | 1552 Turner St | 2BR,1BA | $2.19 |
| Willow Woods Apartments | Small 1x1 | 1BR,1BA | $2.15 |
| Jillian Square Apartments | Debutante | 1BR,1BA | $2.15 |
| Furnished Studio-Fairbanks - Old Airport Way | Furnished Studio-Fairbanks - Old Airport Way | Studio ,1BA | $17.56 |
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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
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
Getting 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 $1,310 at Jillian Square 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.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
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.