
Cheap Apartments for Rent near Fairbanks, LA from $400 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in Fairbanks.


Park Place Apartments

Contempo Apartments

Mary Lea Apartments

Nathan Village

Creel Properties

Westbrook Villa

Westchester Square
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.

Haltere at Monroe

Signature Place Apartments

Frances Place Apartments

Churchill Townhouses Apartments

Murray Place

Total Monthly Price
Shadow Hawk

Bayou Park Apartments

Hideaway Place Apartments
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.

Seasons & Woodale Apartments

Parkwood Townhomes and Apartments

Riverwood Apartments

1008 S 3rd St

9634 Flowers Rd

1002 S 5th St

3903 Polk St

Shadow Forest Apartments
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.

2807 Georgia St

4004 Lee Ct

403 Gulpha Dr

306 S 2nd St

304 Pankey Rd

802 S 3rd St

3707 Grammont St

284 Connie Lynne Dr
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.

135 Jennifer Ln

697 LA-3033
Fairbanks, LA Local Guide

How much does it cost to rent an apartment in Fairbanks?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fairbanks Studio Apartments | $2,650 | $2,650 | $2,650 |
| Fairbanks 1 Bedroom Apartments | $1,089 | $650 | $2,850 |
| Fairbanks 2 Bedroom Apartments | $1,195 | $472 | $3,500 |
| Fairbanks 3 Bedroom Apartments | $1,414 | $650 | $2,244 |
| Fairbanks 4 Bedroom Apartments | $1,850 | $1,700 | $2,000 |
Browse Top Apartments in Fairbanks
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Fairbanks, LA Local Guide
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Cheapest Available Fairbanks Apartments for Rent and Nearby
 The cheapest available apartment rental in Fairbanks, LA is a 2 Beds unit found at Cottonland Village Apartments priced from $472. Park Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Fairbanks apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cottonland Village Apartments | 2 Bedroom | 2BR,1BA | $472 |
| Park Place Apartments | 1 Bedroom | 1BR,1BA | $650 |
| Mary Lea Apartments | One-Bedroom | 1BR,1BA | $675 |
| Creel Properties | JENNIFER LANE | 1BR,1BA | $740 |
| Westchester Square | Lg 1 Bed | 1BR,1BA | $775 |
| Haltere at Monroe | 1 Bedroom 1 Bathroom | 1BR,1BA | $775 |
| Westbrook Villa | 2BR/1BA | 2BR,1BA | $848 |
| Frances Place Apartments | 1 BR/1 BA | 1BR,1BA | $850 |
| Contempo Apartments | 2 Bedroom Townhome (w/o W/D) | 2BR,1BA | $850 |
| Shadow Hawk | 2 Bed - 2 Bath | 2BR,2BA | $975 |
Best Value Apartments for Rent in Fairbanks, LA and Nearby
As of July 12, 2026 the best value apartment in the Fairbanks area is the $1.06 price per square foot RYAN Model at Creel Properties in the starting from $1,700. The second greatest value Fairbanks apartment is the 2 bedroom townhome Model at Churchill Townhouses Apartments starting at $1,000 with a $0.80 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. |
|---|---|---|---|
| Creel Properties | RYAN | 4BR,2BA | $1.06 |
| Churchill Townhouses Apartments | 2 bedroom townhome | 2BR,2BA | $0.80 |
| Cottonland Village Apartments | 3 Bedroom | 3BR,1BA | $0.55 |
| Contempo Apartments | 2 Bedroom Townhome (w/ W/D) | 2BR,1BA | $0.78 |
| Westbrook Villa | 2BR/2BA | 2BR,2BA | $1.06 |
| Shadow Hawk | 2 Bed - 2 Bath | 2BR,2BA | $1.23 |
| Mary Lea Apartments | One-Bedroom | 1BR,1BA | $0.87 |
| Westchester Square | Lg 1 Bed | 1BR,1BA | $1.03 |
| Frances Place Apartments | 1 BR/1 BA | 1BR,1BA | $1.13 |
| Haltere at Monroe | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.08 |
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 ArticleReal 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 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, LA Rentals by Map
See the most popular apartments and homes in Fairbanks, LA
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 $650 at Park Place 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 $472 at Cottonland Village Apartments.
What is the most affordable Fairbanks Three Bedroom Apartment?
The best deal on a cheap Fairbanks Three Bedroom Apartment rental is at Cottonland Village Apartments and starts from $650.
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

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.

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.

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.

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.