1546 S Cushman St
FairbanksAK99701
Cheap Homes for Rent in Fairbanks, AK from $900 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Fairbanks.
2426 Burtis Ave
North PoleAK99705
2430 Burtis Ave
North PoleAK99705
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.
3535 Shanly St
FairbanksAK99709
2092 Blackstone Rd
North PoleAK99705
410 Gilbert Dr
FairbanksAK99712
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.
690 El Rancho Dr
FairbanksAK99712
Showing Results 1-7, Page 1 of 1
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 | $1,955 | $1,700 | $2,250 |
| Fairbanks 3 Bedroom Homes for Rent | $2,508 | $1,900 | $2,900 |
| Fairbanks 4 Bedroom Homes for Rent | $2,966 | $2,400 | $3,500 |
| Fairbanks 5 Bedroom Homes for Rent | $3,200 | $2,800 | $3,600 |
Browse Top Homes for Rent in Fairbanks
Explore Fairbanks
Fairbanks, AK Local Guide
- Fairbanks Neighborhoods
- Nearby Cities
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- Local Counties
Cheapest Neighborhoods for Apartments in Fairbanks, AK
Pricing Updated: 01/11/2026Current 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 | $1,000 | 33 |
| Downtown Fairbanks | $2,250 | $1,000 | 28 |
Cheapest Available Fairbanks Apartments for Rent
The cheapest available apartment rental in Fairbanks, AK is a 1 Bed unit found at Willow Woods Apartments in the Downtown Fairbanks neighborhood priced from $1,288. Jillian Square Apartments in the Downtown Fairbanks neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,310. Here is today’s list of the most affordable Fairbanks apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Willow Woods Apartments | Open Kitchen 1x1 | 1BR,1BA | $1,288 |
| Jillian Square Apartments | Debutante | 1BR,1BA | $1,310 |
| Sophie Plaza Apartments | Medium One-Bedroom | 1BR,1BA | $1,402 |
Best Value Apartments for Rent in Fairbanks, AK
As of January 12, 2026 the best value apartment in the Fairbanks area is the $1.08 price per square foot 3 Bed x 2.5 Bath Large Model at Birchwood Homes in the in the Downtown Fairbanks neighborhood starting from $2,145. The second greatest value 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 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 | 3BR,2.5BA | $1.08 |
| 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 |
| Sophie Plaza Apartments | Medium One-Bedroom | 1BR,1BA | $1.75 |
| 1114 26th Ave, Unit C | 1114 26th Ave | 2BR,1BA | $1.88 |
| Willow Woods Apartments | Galley Kitchen 1x1 | 1BR,1BA | $1.79 |
| Wedgewood Resort Apartments | 1 Bedroom Suite | 1BR,1BA | $2.03 |
| 2706 Turner St, Unit 3 | 2706 Turner St | 2BR,1BA | $2.22 |
| 560 Moose Trot Ave, Unit 2 | 560 Moose Trot Ave | Studio ,1BA | $1.41 |
| Jillian Square Apartments | Debutante | 1BR,1BA | $2.15 |
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.
Read Article
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.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Best Local Schools in Fairbanks, AK
Woodriver Elementary
Fairbanks North Star Borough School District
Public School - Grades PK-5 (341)
8 out of 10
West Valley High School
Fairbanks North Star Borough School District
Public School - Grades 9-12 (906)
6 out of 10
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 68 Apartments for Rent in Fairbanks, AK with pricing that ranges from $900 to $2,250. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fairbanks ranging from $999 to $3,600.
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 $999 to $3,600 with an average monthly rent of $2,233.
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!