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$1,450 - $1,7001 to 2 Bedroom Apartments Available Now
Wedgewood Resort Apartments
417 Wedgewood DrFairbanks, AK 99701
Cheap Apartments for Rent in the Downtown Fairbanks Neighborhood of Fairbanks, AK from $600 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Fairbanks area of Fairbanks.
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$1,340 - $2,0201 to 2 Bedroom Apartments Available Now
Willow Woods Apartments
300 Wedgewood DrFairbanks, AK 99701
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$1,310 - $2,1471 to 2 Bedroom Apartments Available Now
Jillian Square Apartments
3000-3040 Davis RdFairbanks, AK 99709
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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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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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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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Showing Results 1-19, Page 1 of 1
Downtown Fairbanks, Fairbanks, AK Local Guide
How much does it cost to rent an apartment in Downtown Fairbanks?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Fairbanks Studio Apartments | $1,150 | $1,150 | $1,150 |
| Downtown Fairbanks 1 Bedroom Apartments | $1,611 | $1,310 | $2,024 |
| Downtown Fairbanks 2 Bedroom Apartments | $1,734 | $1,374 | $2,147 |
| Downtown Fairbanks 3 Bedroom Apartments | $2,500 | $2,500 | $2,500 |
Browse Apartments in this Neighborhood
There are currently 19 rentals with your search options within a 2 mile radius of the Downtown Fairbanks Neighborhood of Fairbanks, AK.
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Cheapest Available Downtown Fairbanks Apartments for Rent
The cheapest available apartment rental in the Downtown Fairbanks area of Fairbanks, AK is a 1 Bed unit found at Jillian Square Apartments priced from $1,310. Willow Woods Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,340. Here are the most affordable Downtown Fairbanks apartments for rent in Fairbanks, AK:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Jillian Square Apartments | Debutante | 1BR,1BA | $1,310 |
| Willow Woods Apartments | Small 1x1 | 1BR,1BA | $1,340 |
| Wedgewood Resort Apartments | 1 Bedroom Suite | 1BR,1BA | $1,450 |
Best Value Apartments for Rent in Downtown Fairbanks, AK
As of October 11, 2025 the best value apartment in the Downtown Fairbanks area is the $1.70 price per square foot 1762 Cottonwood St Model at 1762 Cottonwood St, Unit 1 in the in the Downtown Fairbanks neighborhood starting from $1,900. The second greatest value Downtown Fairbanks apartment is the 1 Bedroom Suite Model at Wedgewood Resort Apartments starting at $1,450 with a $2.03 price per square foot in the Downtown Fairbanks neighborhood. Here is today’s list of the best values for Downtown Fairbanks apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1762 Cottonwood St, Unit 1 | 1762 Cottonwood St | 2BR,1.5BA | $1.70 |
| Wedgewood Resort Apartments | 1 Bedroom Suite | 1BR,1BA | $2.03 |
| 2706 Turner St, Unit 3 | 2706 Turner St | 2BR,1BA | $2.52 |
| Willow Woods Apartments | Small 1x1 | 1BR,1BA | $2.19 |
| Jillian Square Apartments | Debutante | 1BR,1BA | $2.15 |
| 3285 Adams Dr, Unit 3 | 3285 Adams Dr | Studio ,1BA | $2.40 |
Getting Around the Downtown Fairbanks Neighborhood in Fairbanks, AK
Walk Score®
78 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
76 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
32 / 100
Some Transit
A few nearby public transportation options
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 Downtown Fairbanks Apartments
How much is rent for a Cheap One Bedroom Downtown Fairbanks Apartment?
The lowest price for a Cheap One Bedroom Downtown Fairbanks Apartment is $1,310 at Jillian Square Apartments.
What is the lowest price for a Cheap Two Bedroom Downtown Fairbanks Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown 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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
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.