83 Slater Dr
FairbanksAK99701
Cheap Homes for Rent in Downtown Fairbanks Neighborhood of Fairbanks, AK from $1,700 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Fairbanks area of Fairbanks.
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.
79 Slater Dr
FairbanksAK99701
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.
820 Smythe St
FairbanksAK99701
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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 | $1,925 | $1,700 | $2,200 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Downtown Fairbanks Neighborhood of Fairbanks, AK.
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Best Value Apartments for Rent in Downtown Fairbanks, AK
As of January 20, 2026 the best value apartment in the Downtown Fairbanks area is the $1.15 price per square foot 3 Bed x 2.5 Bath Large Accessible Model at Birchwood Homes in the in the Downtown Fairbanks neighborhood starting from $2,295. The second greatest value Downtown Fairbanks apartment is the 150 Charles St Model at 150 Charles St, Unit 150 Charles St #2 starting at $1,800 with a $1.06 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 Large Accessible | 3BR,2.5BA | $1.15 |
| 150 Charles St, Unit 150 Charles St #2 | 150 Charles St | Studio ,1BA | $1.06 |
| 1762 Cottonwood St, Unit 1 | 1762 Cottonwood St | 2BR,1.5BA | $1.70 |
| 1114 26th Ave, Unit C | 1114 26th Ave | 2BR,1BA | $1.88 |
| Willow Woods Apartments | Galley Kitchen 1x1 | 1BR,1BA | $1.74 |
| Wedgewood Resort Apartments | 1 Bedroom Suite | 1BR,1BA | $2.03 |
| 2706 Turner St, Unit 4 | 2706 Turner St | 2BR,1BA | $2.52 |
| 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 37 Apartments for Rent in Downtown Fairbanks, AK with pricing that ranges from $1,250 to $2,250. There are also 4 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Fairbanks ranging from $1,700 to $2,200.
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 $1,700 to $2,200 with an average monthly rent of $1,925.
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
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!