1517 Eielson St
FairbanksAK99701
Cheap Apartments for Rent in Fairbanks, AK from $1,100 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in Fairbanks.
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$1,100Studio Apartments Available Now
2223 S Cushman St, Unit Apt 217
2223 S Cushman StFairbanks, AK 99701
909 16th Ave, Unit 3
909 16th Ave
FairbanksAK99701
604 2nd St
FairbanksAK99701
4921 Dartmouth Dr, Unit #11
4921 Dartmouth Dr
FairbanksAK99709
214 Kody Dr
FairbanksAK99701
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$1,300 - $1,6571 to 2 Bedroom Apartments Contact Us For Availability
Jillian Square Apartments
3000-3040 Davis RdFairbanks, AK 99709
1122 8th Ave
FairbanksAK99701
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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$1,390 - $1,6921 to 2 Bedroom Apartments Available Now
Sophie Plaza Apartments
1721 University Ave SFairbanks, AK 99709
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$1,395 - $2,695Studio to 3 Bedroom Apartment Available Sep 15
3483 Rewak Dr
3483 Rewak DrFairbanks, AK 99709
230 Farewell Ave
FairbanksAK99701
720 18th Ave
FairbanksAK99701
2104 Rickert St
FairbanksAK99701
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$1,450 - $1,7001 to 2 Bedroom Apartments Available Now
Wedgewood Resort Apartments
417 Wedgewood DrFairbanks, AK 99701
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$1,492 - $1,8441 to 2 Bedroom Apartments Available Now
Willow Woods Apartments
300 Wedgewood DrFairbanks, AK 99701
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$1,500
Total Monthly Price
Base Rent$1,500
Total Monthly Price$1,500
1231 23rd Ave, Unit C
1231 23rd AveFairbanks, AK 99701
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
1500 Denali Way
FairbanksAK99701
1327 6th Ave
FairbanksAK99701
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$1,600
Total Monthly Price
Base Rent$1,600
Total Monthly Price$1,600
649 Jennie Ln
649 Jennie LnFairbanks, AK 99709
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$1,600
Total Monthly Price
Base Rent$1,600
Total Monthly Price$1,600
108 Wilderness Dr, Unit 108 B
108 Wilderness DrFairbanks, AK 99712
4770 Glasgow Dr
FairbanksAK99709
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1 to 3 Bedroom Apartments
River Point Village Apartments
2595 Chief William DrFairbanks, AK 99709
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1 Bedroom Apartments
Keisha Court Apartments
211 Clarkson DrFairbanks, AK 99709
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1 to 3 Bedroom Apartments
Weeks Field Estates I Apartments
1301 Kellum StFairbanks, AK 99701
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
2631 Horsetail Trail
FairbanksAK99709
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Studio to 2 Bedroom Apartments
Northward Building
455 3rd AveFairbanks, AK 99701
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1 to 3 Bedroom Apartments
Little Dipper Apartments
1910 Turner StFairbanks, AK 99701
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Studio to 1 Bedroom Apartments
645 Old Steese Hwy N
645 Old Steese Hwy NFairbanks, AK 99712
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2 Bedroom Apartments
Sunrise Village
825 17th AveFairbanks, AK 99701
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2 Bedroom Apartments
Glasgow Dr - 4770
4770 Glasgow DrFairbanks, AK 99709
3730 Lismore Cir
North PoleAK99705
2443 Loomis Dr
North PoleAK99705
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
3205 Repp Rd
North PoleAK99705
Showing Results 1-33, 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 | $1,321 | $1,100 | $1,395 |
| Cheap Fairbanks 1 Bedroom Apartments | $1,475 | $1,200 | $1,677 |
| Cheap Fairbanks 2 Bedroom Apartments | $1,703 | $1,350 | $2,400 |
| Cheap Fairbanks 3 Bedroom Apartments | $2,063 | $1,700 | $2,695 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Fairbanks
See all Apartments in FairbanksExplore Fairbanks
Fairbanks, AK Local Guide
- Fairbanks Neighborhoods
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Cheapest Neighborhoods for Apartments in Fairbanks, AK
Pricing Updated: 09/08/2026Current apartment rentals in the Fairbanks, AK area range in price from $1,100 to $2,200 with an overall median price of $1,534. 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 | $1,500 | $1,100 | 11 |
| Midtown Fairbanks | $1,558 | $1,100 | 16 |
Cheapest Available Fairbanks Apartments for Rent
The cheapest available apartment rental in Fairbanks, AK is a 1 Bed unit found at Sophie Plaza Apartments priced from $1,390. Wedgewood Resort Apartments in the Downtown Fairbanks neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,450. Here is today’s list of the most affordable Fairbanks apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sophie Plaza Apartments | Medium One-Bedroom | 1BR,1BA | $1,390 |
| Wedgewood Resort Apartments | 1 Bedroom Suite | 1BR,1BA | $1,450 |
| Willow Woods Apartments | Open Kitchen 1x1 | 1BR,1BA | $1,492 |
| Glasgow Dr - 4770 | 2BR/1.0BA | 2BR,1BA | $1,600 |
| 649 Jennie Ln | 2 Bedroom | 2BR,1BA | $1,600 |
Best Value Apartments for Rent in Fairbanks, AK
As of September 08, 2026 the best value apartment in the Fairbanks area is the $1.57 price per square foot 149 Palace Circle Model at 149 Palace Circle, Unit #2 in the in the Downtown Fairbanks neighborhood starting from $2,200. The second greatest value Fairbanks apartment is the 2BR/1.0BA Model at Glasgow Dr - 4770 starting at $1,600 with a $1.78 price per square foot . 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. |
|---|---|---|---|
| 149 Palace Circle, Unit #2 | 149 Palace Circle | 3BR,1BA | $1.57 |
| Glasgow Dr - 4770 | 2BR/1.0BA | 2BR,1BA | $1.78 |
| 1231 23rd Ave, Unit C | 1231 23rd Ave | 2BR,1BA | $1.88 |
| Sophie Plaza Apartments | Medium One-Bedroom | 1BR,1BA | $1.74 |
| 649 Jennie Ln | 2 Bedroom | 2BR,1BA | $2.13 |
| Willow Woods Apartments | Galley Kitchen 1x1 | 1BR,1BA | $2.07 |
| Wedgewood Resort Apartments | 1 Bedroom Suite | 1BR,1BA | $2.03 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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.
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Best Local Schools in Fairbanks, AK
Woodriver Elementary
Fairbanks North Star Borough School District
Public School - Grades PK-5 (341)
8 out of 10
West Valley High School
Fairbanks North Star Borough School District
Public School - Grades 9-12 (782)
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
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 $1,390 at Sophie Plaza 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 $1,600 at Glasgow Dr - 4770.
Expert Rental Resources
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.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.