
Cheap Apartments for Rent in the Midtown Fairbanks Neighborhood of Fairbanks, AK from $600 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Midtown Fairbanks area of Fairbanks.


Willow Woods Apartments

Jillian Square Apartments

37 Glacier Ave

Total Monthly Price
909 27th Ave
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Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Wedgewood Resort Apartments

639 10th Ave, Unit G-5

829 17th Ave

635 10th Ave

827 17th Ave
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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.

910 4th Ave

604 2nd St

16 Glacier Ave, Unit 13, Unit 13

River Point Village Apartments

Weeks Field Estates I Apartments
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Northward Building

Little Dipper Apartments
Midtown Fairbanks, Fairbanks, AK Local Guide

How much does it cost to rent an apartment in Midtown Fairbanks?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Midtown Fairbanks 1 Bedroom Apartments | $1,505 | $1,100 | $2,024 |
| Midtown Fairbanks 2 Bedroom Apartments | $1,763 | $1,413 | $2,800 |
| Midtown Fairbanks 3 Bedroom Apartments | $2,215 | $1,800 | $2,450 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Midtown Fairbanks Neighborhood of Fairbanks, AK.
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Midtown Fairbanks, Fairbanks, AK Local Guide
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Cheapest Available Midtown Fairbanks Apartments for Rent
 The cheapest available apartment rental in the Midtown Fairbanks area of Fairbanks, AK is a 1 Bed unit found at Willow Woods Apartments priced from $1,295. Jillian Square Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,326. Here are the most affordable Midtown Fairbanks apartments for rent in Fairbanks, AK:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Willow Woods Apartments | Open Kitchen 1x1 | 1BR,1BA | $1,295 |
| Jillian Square Apartments | Special | 1BR,1BA | $1,326 |
| Wedgewood Resort Apartments | 1 Bedroom Suite | 1BR,1BA | $1,450 |
Best Value Apartments for Rent in Midtown Fairbanks, AK
As of April 24, 2026 the best value apartment in the Midtown Fairbanks area is the $1.80 price per square foot Galley Kitchen 1x1 Model at Willow Woods Apartments in the in the Downtown Fairbanks neighborhood starting from $1,295. The second greatest value Midtown Fairbanks apartment is the 1 Bedroom Suite Model at Wedgewood Resort Apartments starting at $1,450 with a $2.03 price per square foot in the Downtown Fairbanks neighborhood. Here is today’s list of the best values for Midtown Fairbanks apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Willow Woods Apartments | Galley Kitchen 1x1 | 1BR,1BA | $1.80 |
| Wedgewood Resort Apartments | 1 Bedroom Suite | 1BR,1BA | $2.03 |
| Jillian Square Apartments | Contemporary | 1BR,1BA | $2.06 |
| 909 27th Ave | 909 27th Ave | 1BR,1BA | $2.42 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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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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.
Pet Friendly LifestyleMidtown Fairbanks, Fairbanks, AK
Ranked #1
Among cities in Alaska for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Midtown Fairbanks, Fairbanks, AK
Denali Elementary
Lathrop High School
Ryan Middle School
School data provided by Great Schools
Frequently Asked Questions about Cheap Midtown Fairbanks Apartments
How much is rent for a Cheap One Bedroom Midtown Fairbanks Apartment?
The lowest price for a Cheap One Bedroom Midtown Fairbanks Apartment is $1,295 at Willow Woods Apartments.
What is the lowest price for a Cheap Two Bedroom Midtown Fairbanks Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Midtown Fairbanks is starting from $1,413 at Jillian Square Apartments.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.