Cheap Homes for Rent in Downtown Fairbanks Neighborhood of Fairbanks, AK from $1,400 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Fairbanks area of Fairbanks.

622 11th Ave

639 10th Ave

1528 S Cushman St
Downtown Fairbanks, Fairbanks, AK Local Guide

How much does it cost to rent a home in Downtown Fairbanks?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Fairbanks 2 Bedroom Homes for Rent | $1,500 | $1,500 | $1,500 |
Downtown Fairbanks 3 Bedroom Homes for Rent | $1,995 | $1,995 | $1,995 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Downtown Fairbanks Neighborhood of Fairbanks, AK.
Explore Fairbanks
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 $1,336. 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 | $1,336 |
Wedgewood Resort Apartments | 1 Bedroom Suite | 1BR,1BA | $1,450 |
Best Value Apartments for Rent in Downtown Fairbanks, AK
As of September 20, 2025 the best value apartment in the Downtown Fairbanks area is the $1.16 price per square foot 3 Bed x 2.5 Bath Model at Birchwood Homes in the in the Downtown Fairbanks neighborhood starting from $2,155. The second greatest value Downtown Fairbanks apartment is the 1231 23rd Ave Model at 1231 23rd Ave, Unit D 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. |
---|---|---|---|
Birchwood Homes | 3 Bed x 2.5 Bath | 3BR,2.5BA | $1.16 |
1231 23rd Ave, Unit D | 1231 23rd Ave | 2BR,1BA | $1.88 |
406 12th Ave, Unit #5 | 406 12th Ave | 2BR,1BA | $2.06 |
Wedgewood Resort Apartments | 1 Bedroom Suite | 1BR,1BA | $1.96 |
2706 Turner St, Unit 3 | 2706 Turner St | 2BR,1BA | $2.52 |
Willow Woods Apartments | Small 1x1 | 1BR,1BA | $2.18 |
Jillian Square Apartments | Debutante | 1BR,1BA | $2.15 |
Frequently Asked Questions about Downtown Fairbanks
What type of rentals are currently available in Downtown Fairbanks?
There are currently 33 Apartments for Rent in Downtown Fairbanks, AK with pricing that ranges from $1,050 to $2,300. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Fairbanks ranging from $1,495 to $1,995.
What is the current price range for Rental Homes in Downtown Fairbanks?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Fairbanks ranges from $1,495 to $1,995 with an average monthly rent of $1,663.
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.