
Cheap Apartments for Rent in Fairbanks, IN from $300 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in Fairbanks.


River Valley Apartments

Total Monthly Price
Anthony Square Senior Apartments

Arbors at Honey Creek

Union Pointe

Park Place

Northwind
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.

Willow Crossings

Harrison West

1905 12th St

Highland

Indian Trail Apartments

Historic Walnut Square

702 S 8th St
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.

1233 S 10th St

Sugar Creek Crossing

Newton Senior Housing

1231 E Dawn Dr

6267 Lafayette St

1231 S 10th St

Arthur Ave Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

1709 Crawford St

Cougill Senior Apartments
Fairbanks, IN Local Guide

How much does it cost to rent an apartment in Fairbanks?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fairbanks Studio Apartments | $761 | $425 | $858 |
| Fairbanks 1 Bedroom Apartments | $902 | $525 | $1,573 |
| Fairbanks 2 Bedroom Apartments | $1,095 | $460 | $2,063 |
| Fairbanks 3 Bedroom Apartments | $1,471 | $860 | $2,155 |
| Fairbanks 4 Bedroom Apartments | $1,535 | $430 | $1,980 |
Browse Top Apartments in Fairbanks
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Fairbanks, IN Local Guide
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Cheapest Available Fairbanks Apartments for Rent and Nearby
 The cheapest available apartment rental in Fairbanks, IN is a Studio unit found at Cine Senior Apartments priced from $425. Anthony Square Senior Apartments in the Downtown Terre Haute neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $525. Here is today’s list of the most affordable Fairbanks apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cine Senior Apartments | Efficiency | Studio,1BA | $425 |
| Anthony Square Senior Apartments | 1 BR, 1 BA | 1BR,1BA | $525 |
| Union Pointe | 1 Bedroom | 1BR,2BA | $550 |
| 1905 12th St | 1BDR | 1BR,1BA | $700 |
| Willow Crossings | Phase I - Studio | Studio,1BA | $720 |
Best Value Apartments for Rent in Fairbanks, IN and Nearby
As of February 21, 2026 the best value apartment in the Fairbanks area is the $1.08 price per square foot Millennium Apartments 3 Bed, 1 Bath 2026–2027 W... Model at Millennium Apartments in the starting from $1,515. The second greatest value Fairbanks apartment is the 3 Bedroom Model at Springhill Apartments starting at $925 with a $0.84 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. |
|---|---|---|---|
| Millennium Apartments | Millennium Apartments 3 Bed, 1 Bath 2026–2027 W... | 3BR,1BA | $1.08 |
| Springhill Apartments | 3 Bedroom | 3BR,1.5BA | $0.84 |
| Arbors at Honey Creek | 2x2 | 2BR,2BA | $0.94 |
| The Landings | 2 Bedroom | 2BR,1BA | $1.09 |
| ANTHONY SQUARE SENIOR LIVING | 2 Bed 1 Bath | 2BR,1BA | $0.94 |
| Ashton Apartments | 1BR/1.5BA | 1BR,1.5BA | $1.17 |
| Riverside Apartments | 2 Bedroom | 2BR,1BA | $1.07 |
| Sycamore Place Apartments | 2.1 C | 2BR,1BA | $0.80 |
| Union Pointe | 1 Bedroom | 1BR,2BA | $0.92 |
| Anthony Square Senior Apartments | 2 BR, 1 BA | 2BR,1BA | $1.14 |
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 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 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Fairbanks, IN Rentals by Map
See the most popular apartments and homes in Fairbanks, IN
Frequently Asked Questions about Cheap Fairbanks Apartments
What is the Cheapest Studio apartment in Fairbanks?
Currently the most affordable Cheap Studio Apartment in Fairbanks is at Cine Senior Apartments listed at $425.
How much is rent for a Cheap One Bedroom Fairbanks Apartment?
The lowest price for a Cheap One Bedroom Fairbanks Apartment is $525 at Anthony Square Senior Apartments.
What is the lowest price for a Cheap Two Bedroom Fairbanks Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Fairbanks is starting from $625 at Anthony Square Senior Apartments.
What is the most affordable Fairbanks Three Bedroom Apartment?
The best deal on a cheap Fairbanks Three Bedroom Apartment rental is at Springhill Apartments and starts from $925.
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

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.

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.