
Cheap Homes for Rent in Downtown Fairbanks Neighborhood of Fairbanks, AK from $1,000 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Fairbanks area of Fairbanks.


639 10th Ave
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.

83 Slater Dr
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.
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 | $1,800 | $1,800 | $1,800 |
| Downtown Fairbanks 3 Bedroom Homes for Rent | $1,595 | $1,595 | $1,595 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Downtown Fairbanks Neighborhood of Fairbanks, AK.
Explore Fairbanks
Best Value Apartments for Rent in Downtown Fairbanks, AK
As of November 12, 2025 the best value apartment in the Downtown Fairbanks area is the $1.13 price per square foot 3 Bed x 2.5 Bath Model at Birchwood Homes in the in the Downtown Fairbanks neighborhood starting from $2,105. The second greatest value Downtown Fairbanks apartment is the 1762 Cottonwood St Model at 1762 Cottonwood St, Unit 1 starting at $1,900 with a $1.70 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 | $1.13 |
| 1762 Cottonwood St, Unit 1 | 1762 Cottonwood St | 2BR,1.5BA | $1.70 |
| 1114 26th Ave, Unit C | 1114 26th Ave | 2BR,1BA | $2.01 |
| Wedgewood Resort Apartments | 1 Bedroom Suite | 1BR,1BA | $2.03 |
| 2706 Turner St, Unit 3 | 2706 Turner St | 2BR,1BA | $2.37 |
| Willow Woods Apartments | Small 1x1 | 1BR,1BA | $2.16 |
| 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 38 Apartments for Rent in Downtown Fairbanks, AK with pricing that ranges from $1,075 to $2,400. There are also 4 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Fairbanks ranging from $1,000 to $1,800.
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 $1,000 to $1,800 with an average monthly rent of $1,465.
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.

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!

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.
