Cheap Apartments for Rent near Fairbanks, IN from $300 (41 Rentals)

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Search the lowest-cost Apartments available for rent right now in 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.

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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.

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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.

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Historic Walnut Square
1 to 3 Bedroom Apartments

Historic Walnut Square

200 S 6th StTerre Haute, IN 47807
  • Utilities Included
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Sugar Creek Crossing
1 to 2 Bedroom Apartments

Sugar Creek Crossing

211 Joanie LnRobinson, IL 62454
Senior Living
  • Utilities Included
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Newton Senior Housing
1 to 2 Bedroom Apartments

Newton Senior Housing

201 Eaton StNewton, IL 62448
Senior Living
  • Utilities Included
property at 626 E Curry Dr

$650 - $675

1 Bedroom Rentals

Available Now

626 E Curry Dr

Terre HauteIN47802

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.

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The Deming
Studio to 2 Bedroom Apartments

The Deming

615 Cherry StTerre Haute, IN 47807

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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Showing Results 1-41, Page 1 of 1

Fairbanks, IN Local Guide

Cheapest Available Fairbanks Apartments for Rent and Nearby

 

The cheapest available apartment rental in Fairbanks, IN is a 1 Bed unit found at Anthony Square Senior Apartments in the Downtown Terre Haute neighborhood priced from $525. Union Pointe in the Downtown Terre Haute neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here is today’s list of the most affordable Fairbanks apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Anthony Square Senior Apartments1 BR, 1 BA1BR,1BA$525
Union Pointe1 Bedroom1BR,2BA$550
Arbors at Honey Creek2x22BR,2BA$610
Arthur Ave Apartments1x11BR,1BA$610
Southern Meadows Senior Living1 Bed Apt1BR,1BA$650
Cine Senior ApartmentsTwo Bedroom2BR,1BA$690
Harrison West1 Bedroom1BR,1BA$725
NorthwindThe Hickory1BR,1BA$730
Lakewood Apartments1 Bed with stack wash/dry1BR,1BA$750
THE GROVE AT FARRINGTON2 Bed 1 Bath2BR,1BA$750

Best Value Apartments for Rent in Fairbanks, IN and Nearby

As of July 09, 2026 the best value apartment in the Fairbanks area is the $0.57 price per square foot 2x2 Model at Arbors at Honey Creek in the in the Downtown Terre Haute neighborhood starting from $610. The second greatest value Fairbanks apartment is the 2 Bedroom 2 Bath Model at River Valley Apartments starting at $460 with a $0.50 price per square foot in the Downtown Terre Haute neighborhood. Here is today’s list of the best values for Fairbanks apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Arbors at Honey Creek2x22BR,2BA$0.57
River Valley Apartments2 Bedroom 2 Bath2BR,2BA$0.50
Winston Terrace2BR/1BA2BR,1BA$0.94
THE GROVE AT FARRINGTON2 Bed 1 Bath2BR,1BA$0.90
The Annex of Terre Haute2 Bed 1 Bath2BR,1BA$0.75
Ashton Apartments1BR/1.5BA1BR,1.5BA$0.97
Harrison West1 Bedroom1BR,1BA$1.08
Sycamore Place2.1 C2BR,1BA$0.80
Arthur Ave Apartments1x11BR,1BA$0.97
Union Pointe1 Bedroom1BR,2BA$0.92

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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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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Fairbanks, IN Rentals by Map

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See the most popular apartments and homes in Fairbanks, IN

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Frequently Asked Questions about Cheap Fairbanks Apartments

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 $460 at River Valley Apartments.

What is the most affordable Fairbanks Three Bedroom Apartment?

The best deal on a cheap Fairbanks Three Bedroom Apartment rental is at Arbors at Honey Creek and starts from $706.

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

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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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.

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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.