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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 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Fairbanks area of Fairbanks.
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$1,389 - $1,7701 to 2 Bedroom Apartments Available Now
Willow Woods Apartments
300 Wedgewood DrFairbanks, AK 99701
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$1,300 - $2,1471 to 2 Bedroom Apartments Available Now
Jillian Square Apartments
3000-3040 Davis RdFairbanks, AK 99709
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2 Bedroom Apartments
1318 23rd Ave
1318 23rd AveFairbanks, AK 99701
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1 Bedroom Apartments
Borealis Assisted Living
1521 Hilton AveFairbanks, AK 99701
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2 Bedroom Apartments
1410 23rd Ave
1410 23rd AveFairbanks, AK 99701
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.
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1 to 3 Bedroom Apartments
1045-1053 Blair Rd
1045-1053 Blair RdFairbanks, AK 99701
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2 to 3 Bedroom Apartments
935 Aurora Dr
935 Aurora DrFairbanks, AK 99709
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3 to 5 Bedroom Apartments
Birchwood Homes
1066 Turnagin LoopFairbanks, AK 99701
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1 to 3 Bedroom Apartments
River Point Village Apartments
2595 Chief William DrFairbanks, AK 99709
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1 to 3 Bedroom Apartments
Weeks Field Estates I Apartments
1301 Kellum StFairbanks, AK 99701
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Studio to 2 Bedroom Apartments
Northward Building
455 3rd AveFairbanks, AK 99701
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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1 to 3 Bedroom Apartments
Little Dipper Apartments
1910 Turner StFairbanks, AK 99701
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1 to 3 Bedroom Apartments
Farewell Apartments
94 Farewell AveFairbanks, AK 99701
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Studio to 2 Bedroom Apartments
Norsemen
1901 Mary Ann StFairbanks, AK 99701
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1 to 3 Bedroom Apartments
The Sheridan Apartments
2701 Turner StFairbanks, AK 99701
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1 to 3 Bedroom Apartments
Ambassador Inn
415 5th AveFairbanks, AK 99701
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2 Bedroom Apartments
Fort Wainwright
4368 Neely RdFort Wainwright, AK 99703
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Showing Results 1-18, 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 | $1,237 | $1,175 | $1,300 |
| Downtown Fairbanks 1 Bedroom Apartments | $1,534 | $1,100 | $2,024 |
| Downtown Fairbanks 2 Bedroom Apartments | $1,758 | $1,413 | $2,150 |
| Downtown Fairbanks 3 Bedroom Apartments | $1,895 | $1,895 | $1,895 |
Browse Apartments in this Neighborhood
There are currently 18 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 $1,326. Willow Woods Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,389. Here are the most affordable Downtown Fairbanks apartments for rent in Fairbanks, AK:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Jillian Square Apartments | Special | 1BR,1BA | $1,326 |
| Willow Woods Apartments | Open Kitchen 1x1 | 1BR,1BA | $1,389 |
| Wedgewood Resort Apartments | 1 Bedroom Suite | 1BR,1BA | $1,450 |
Best Value Apartments for Rent in Downtown Fairbanks, AK
As of June 09, 2026 the best value apartment in the Downtown Fairbanks area is the $1.93 price per square foot Galley Kitchen 1x1 Model at Willow Woods Apartments in the in the Downtown Fairbanks neighborhood starting from $1,389. 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. |
|---|---|---|---|
| Willow Woods Apartments | Galley Kitchen 1x1 | 1BR,1BA | $1.93 |
| Wedgewood Resort Apartments | 1 Bedroom Suite | 1BR,1BA | $2.03 |
| Jillian Square Apartments | Contemporary | 1BR,1BA | $2.06 |
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 $1,326 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 $1,413 at Jillian Square Apartments.
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
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.