
Cheap Homes for Rent in Fairbanks, AK from $900 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Fairbanks.


1528 S Cushman St

815 Duckwood Ct
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.

2430 Burtis Ave

2213 Lathrop St

296 E Birch Hill Rd
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

How much does it cost to rent a home in Fairbanks?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fairbanks 2 Bedroom Homes for Rent | $1,745 | $1,350 | $2,200 |
| Fairbanks 3 Bedroom Homes for Rent | $2,402 | $1,595 | $2,800 |
| Fairbanks 4 Bedroom Homes for Rent | $2,870 | $2,650 | $3,200 |
Browse Top Homes for Rent in Fairbanks
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Fairbanks, AK Local Guide
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Cheapest Neighborhoods for Apartments in Fairbanks, AK
Pricing Updated: 11/13/2025Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Midtown Fairbanks | $2,000 | $1,075 | 38 |
| Downtown Fairbanks | $2,100 | $1,075 | 28 |
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Jillian Square Apartments | Debutante | 1BR,1BA | $1,310 |
| Willow Woods Apartments | Small 1x1 | 1BR,1BA | $1,320 |
| Sophie Plaza Apartments | Medium One-Bedroom | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Birchwood Homes | 3 Bed x 2.5 Bath | 3BR,2.5BA | $1.13 |
| 797 Juniper Dr, Unit E | 797 Juniper Dr | 3BR,1BA | $1.23 |
| 1762 Cottonwood St, Unit 1 | 1762 Cottonwood St | 2BR,1.5BA | $1.70 |
| Sophie Plaza Apartments | Medium One-Bedroom | 1BR,1BA | $1.75 |
| 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 |
| 3483 Rewak Dr, Unit 207 | 3483 Rewak Dr | Studio ,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.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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Best Local Schools in Fairbanks, AK
Woodriver Elementary
West Valley High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Fairbanks, AK Rentals by Map
See the most popular apartments and homes in Fairbanks, AK
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.

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.