Cheap Apartments for Rent in the Midtown Fairbanks Neighborhood of Fairbanks, AK from $600 (19 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Apartments available for rent right now in the Midtown Fairbanks area of Fairbanks.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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.

Read Article

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.

Read Article
close
View Me
Northward Building
Studio to 2 Bedroom Apartments

Northward Building

455 3rd AveFairbanks, AK 99701
  • Utilities Included

Cash 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 Article
Showing Results 1-19, Page 1 of 1

Midtown Fairbanks, Fairbanks, AK Local Guide

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 Jillian Square Apartments priced from $1,326. Willow Woods Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,389. Here are the most affordable Midtown Fairbanks apartments for rent in Fairbanks, AK:

Apartment ListingModel NameBed/BathPriced From
Jillian Square ApartmentsSpecial1BR,1BA$1,326
Willow Woods ApartmentsOpen Kitchen 1x11BR,1BA$1,389
Sophie Plaza ApartmentsMedium One-Bedroom1BR,1BA$1,390
Wedgewood Resort Apartments1 Bedroom Suite1BR,1BA$1,450
649 Jennie Ln2 Bedroom2BR,1BA$1,500

Best Value Apartments for Rent in Midtown Fairbanks, AK

As of June 09, 2026 the best value apartment in the Midtown Fairbanks area is the $1.93 price per square foot Galley Kitchen 1x1 Model at Willow Woods Apartments in the in the Downtown Fairbanks neighborhood starting from $1,389. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Willow Woods ApartmentsGalley Kitchen 1x11BR,1BA$1.93
Wedgewood Resort Apartments1 Bedroom Suite1BR,1BA$2.03
Jillian Square ApartmentsContemporary1BR,1BA$2.06

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
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Midtown Fairbanks, Fairbanks, AK

Ranked #1

Among cities in Alaska for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

decorative image of woman handing cat to small boy

Best Local Schools in
Midtown Fairbanks, Fairbanks, AK

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 $1,326 at Jillian Square 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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.