Cheap Apartments for Rent in the Midtown Fairbanks Neighborhood of Fairbanks, AK from $696 (30 Rentals)

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

property at 909 16th Ave
$1,100

Total Monthly Price

Base Rent$1,100
Total Monthly Price$1,100
1 Bedroom, 1 Bath Townhome for Rent
Available Sep 13
Affordability

909 16th Ave, Unit 3

909 16th Ave
FairbanksAK99701
  • Smoke Free

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Northward Building
Studio to 2 Bedroom Apartments

Northward Building

455 3rd AveFairbanks, AK 99701
  • Utilities Included

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.

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Sunrise Village
2 Bedroom Apartments

Sunrise Village

825 17th AveFairbanks, AK 99701
Showing Results 1-30, Page 1 of 1

Midtown Fairbanks, Fairbanks, AK Local Guide

Cheapest Available Midtown Fairbanks Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Wedgewood Resort Apartments1 Bedroom Suite1BR,1BA$1,450
Willow Woods ApartmentsOpen Kitchen 1x11BR,1BA$1,492

Best Value Apartments for Rent in Midtown Fairbanks, AK

As of September 09, 2026 the best value apartment in the Midtown Fairbanks area is the $1.57 price per square foot 149 Palace Circle Model at 149 Palace Circle, Unit #2 in the in the Downtown Fairbanks neighborhood starting from $2,200. The second greatest value Midtown Fairbanks apartment is the 1231 23rd Ave Model at 1231 23rd Ave, Unit C starting at $1,500 with a $1.88 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.
149 Palace Circle, Unit #2149 Palace Circle3BR,1BA$1.57
1231 23rd Ave, Unit C1231 23rd Ave2BR,1BA$1.88
Willow Woods ApartmentsGalley Kitchen 1x11BR,1BA$2.07
Wedgewood Resort Apartments1 Bedroom Suite1BR,1BA$2.03

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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.

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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.

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Pet Friendly Lifestyle
Midtown Fairbanks, Fairbanks, AK

Ranked #1

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $1,450 at Wedgewood Resort 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 $1,666 at Willow Woods 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 Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.