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$1,492 - $1,8441 to 2 Bedroom Apartments Available Now
Willow Woods Apartments
300 Wedgewood DrFairbanks, AK 99701
Cheap Apartments for Rent in the Downtown Fairbanks Neighborhood of Fairbanks, AK from $696 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Fairbanks area of Fairbanks.
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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
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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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$2,200
Total Monthly Price
Base Rent$2,200
Total Monthly Price$2,200
149 Palace Circle, Unit #2
149 Palace CircleFairbanks, AK 99701
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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
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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2 Bedroom Apartments
1410 23rd Ave
1410 23rd AveFairbanks, AK 99701
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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
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.
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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 2 Bedroom Apartments
Norsemen
1901 Mary Ann StFairbanks, AK 99701
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1 to 3 Bedroom Apartments
Farewell Apartments
94 Farewell AveFairbanks, 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
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.
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2 Bedroom Apartments
Fort Wainwright
4368 Neely RdFort Wainwright, AK 99703
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 | $1,100 | $1,100 | $1,100 |
| Downtown Fairbanks 1 Bedroom Apartments | $1,471 | $1,300 | $1,677 |
| Downtown Fairbanks 2 Bedroom Apartments | $1,617 | $1,350 | $2,200 |
| Downtown Fairbanks 3 Bedroom Apartments | $2,096 | $1,895 | $2,200 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Wedgewood Resort Apartments | 1 Bedroom Suite | 1BR,1BA | $1,450 |
| Willow Woods Apartments | Open Kitchen 1x1 | 1BR,1BA | $1,492 |
Best Value Apartments for Rent in Downtown Fairbanks, AK
As of September 09, 2026 the best value apartment in the Downtown 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 Downtown Fairbanks apartment is the 1231 23rd Ave Model at 1231 23rd Ave, Unit C starting at $1,500 with a $1.88 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. |
|---|---|---|---|
| 149 Palace Circle, Unit #2 | 149 Palace Circle | 3BR,1BA | $1.57 |
| 1231 23rd Ave, Unit C | 1231 23rd Ave | 2BR,1BA | $1.88 |
| Willow Woods Apartments | Galley Kitchen 1x1 | 1BR,1BA | $2.07 |
| Wedgewood Resort Apartments | 1 Bedroom Suite | 1BR,1BA | $2.03 |
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 $1,450 at Wedgewood Resort 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 $1,666 at Willow Woods 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
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.