Cheap Homes for Rent in Fairbanks, AK from $900 (6 Rentals)

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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.

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.

Fairbanks, AK Local Guide

Cheapest Neighborhoods for Apartments in Fairbanks, AK

Pricing Updated: 11/13/2025

Current apartment rentals in the Fairbanks, AK area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Fairbanks Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Midtown Fairbanks$2,000$1,07538
Downtown Fairbanks$2,100$1,07528

Cheapest Available Fairbanks Apartments for Rent

 

The cheapest available apartment rental in Fairbanks, AK is a 1 Bed unit found at Jillian Square Apartments in the Downtown Fairbanks neighborhood priced from $1,310. Willow Woods Apartments in the Downtown Fairbanks neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,320. Here is today’s list of the most affordable Fairbanks apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Jillian Square ApartmentsDebutante1BR,1BA$1,310
Willow Woods ApartmentsSmall 1x11BR,1BA$1,320
Sophie Plaza ApartmentsMedium One-Bedroom1BR,1BA$1,402

Best Value Apartments for Rent in Fairbanks, AK

As of November 13, 2025 the best value apartment in the 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 Fairbanks apartment is the 797 Juniper Dr Model at 797 Juniper Dr, Unit E starting at $1,850 with a $1.23 price per square foot . Here is today’s list of the best values for Fairbanks apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Birchwood Homes3 Bed x 2.5 Bath3BR,2.5BA$1.13
797 Juniper Dr, Unit E797 Juniper Dr3BR,1BA$1.23
1762 Cottonwood St, Unit 11762 Cottonwood St2BR,1.5BA$1.70
Sophie Plaza ApartmentsMedium One-Bedroom1BR,1BA$1.75
1114 26th Ave, Unit C1114 26th Ave2BR,1BA$2.01
Wedgewood Resort Apartments1 Bedroom Suite1BR,1BA$2.03
2706 Turner St, Unit 32706 Turner St2BR,1BA$2.37
Willow Woods ApartmentsSmall 1x11BR,1BA$2.16
Jillian Square ApartmentsDebutante1BR,1BA$2.15
3483 Rewak Dr, Unit 2073483 Rewak DrStudio ,1BA$3.99

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Fairbanks

What type of rentals are currently available in Fairbanks?

There are currently 75 Apartments for Rent in Fairbanks, AK with pricing that ranges from $1,075 to $2,650. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fairbanks ranging from $900 to $3,500.

What is the current price range for Rental Homes in Fairbanks?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Fairbanks ranges from $900 to $3,500 with an average monthly rent of $1,991.

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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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.