Cheap Homes for Rent in Fairbanks, LA from $300 (13 Rentals)

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

property at 403 Gulpha Dr

403 Gulpha Dr

West MonroeLA71291

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.

Fairbanks, LA Local Guide

Cheapest Available Fairbanks Apartments for Rent and Nearby

 

The cheapest available apartment rental in Fairbanks, LA is a 1 Bed unit found at Mary Lea Apartments priced from $575. Contempo Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Fairbanks apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mary Lea ApartmentsOne-Bedroom1BR,1BA$575
Contempo Apartments1 Bedroom @ 663 SF1BR,1BA$600
Park Place Apartments1 Bedroom1BR,1BA$625
Shadow Forest ApartmentsForest 1.11BR,1BA$690
Shadow Wood Apartments1 Bedroom 1 Bathroom1BR,1BA$695

Best Value Apartments for Rent in Fairbanks, LA and Nearby

As of May 21, 2025 the best value apartment in the Fairbanks area is the $1.04 price per square foot 3 bed Townhome Model at Morrison Place in the starting from $1,600. The second greatest value Fairbanks apartment is the 2 Bedroom Model at Bayou Park Apartments starting at $895 with a $0.82 price per square foot . 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.
Morrison Place3 bed Townhome3BR,2.5BA$1.04
Bayou Park Apartments2 Bedroom2BR,1BA$0.82
Town & Country Apartment HomesThree Bedroom / One and a half Bath3BR,1.5BA$0.93
Shadow Forest ApartmentsForest 1.11BR,1BA$0.85
Shadow Hawk2-2 Renovated Upstairs2BR,2BA$1.10
Mary Lea ApartmentsOne-Bedroom1BR,1BA$0.74
Murray Place1 Bed 1 Bath1BR,1BA$1.04
Frances Place Apartments1 BR/1 BA1BR,1BA$1.07
Shadow Wood Apartments1 Bedroom 1 Bathroom1BR,1BA$0.95
Westchester SquareSm 1 Bed1BR,1BA$1.06

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Frequently Asked Questions about Fairbanks

What type of rentals are currently available in Fairbanks?

There are currently 34 Apartments for Rent in Fairbanks, LA with pricing that ranges from $575 to $2,122. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fairbanks ranging from $395 to $3,100.

What is the current price range for Rental Homes in Fairbanks?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Fairbanks ranges from $395 to $3,100 with an average monthly rent of $1,590.

How much are larger Three and Four Bedroom Rentals in Fairbanks?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Fairbanks range from $932 to $2,050, while Three Bedroom Homes, Condos, and Townhomes for rent range from $675 to $2,100. Four Bedroom Single-Family rentals are also available starting from $3,100 and Four Bedroom Apartments start at $1,800.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.