
Cheap Apartments for Rent in Fairbanks North Star Borough, AK from $600 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in Fairbanks North Star Borough.


1128 Hess Ave, Unit $

1580 Market St

River Point Village Apartments
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.

MooseCreek

Keisha Court Apartments

Weeks Field Estates I Apartments

Northward Building
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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.

Little Dipper Apartments
Fairbanks North Star Borough, AK Local Guide

How much does it cost to rent an apartment in Fairbanks North Star Borough?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fairbanks North Star Borough Studio Apartments | $750 | $750 | $750 |
| Fairbanks North Star Borough 1 Bedroom Apartments | $1,558 | $1,100 | $2,024 |
| Fairbanks North Star Borough 2 Bedroom Apartments | $1,710 | $1,100 | $2,200 |
| Fairbanks North Star Borough 3 Bedroom Apartments | $2,172 | $1,895 | $2,450 |
Browse Apartments in Fairbanks North Star Borough
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Cheapest Available Fairbanks North Star Borough Apartments for Rent
 The cheapest available apartment rental in Fairbanks North Star Borough, AK is a 1 Bed unit found at Jillian Square Apartments in the Downtown Fairbanks neighborhood priced from $1,326. Willow Woods Apartments in the Downtown Fairbanks neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,343. Here is today’s list of the most affordable Fairbanks North Star Borough apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Jillian Square Apartments | Special | 1BR,1BA | $1,326 |
| Willow Woods Apartments | Open Kitchen 1x1 | 1BR,1BA | $1,343 |
| Sophie Plaza Apartments | Medium One-Bedroom | 1BR,1BA | $1,390 |
Best Value Apartments for Rent in Fairbanks North Star Borough, AK
As of May 24, 2026 the best value apartment in the Fairbanks North Star Borough area is the $1.10 price per square foot 525 Lignite Ave Model at 525 Lignite Ave, Unit Basement Apartment in the in the Downtown Fairbanks neighborhood starting from $1,100. The second greatest value Fairbanks North Star Borough apartment is the Medium One-Bedroom Model at Sophie Plaza Apartments starting at $1,390 with a $1.74 price per square foot . Here is today’s list of the best values for Fairbanks North Star Borough apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 525 Lignite Ave, Unit Basement Apartment | 525 Lignite Ave | 2BR,1BA | $1.10 |
| Sophie Plaza Apartments | Medium One-Bedroom | 1BR,1BA | $1.74 |
| 649 Jennie Ln | 2 Bedroom | 2BR,1BA | $2.00 |
| Willow Woods Apartments | Galley Kitchen 1x1 | 1BR,1BA | $1.87 |
| Wedgewood Resort Apartments | 1 Bedroom Suite | 1BR,1BA | $2.03 |
| 1931 Badger Rd | 1931 Badger Rd | 1BR,1BA | $2.79 |
| Jillian Square Apartments | Contemporary | 1BR,1BA | $2.06 |
Frequently Asked Questions about Cheap Fairbanks North Star Borough Apartments
How much is rent for a Cheap One Bedroom Fairbanks North Star Borough Apartment?
The lowest price for a Cheap One Bedroom Fairbanks North Star Borough Apartment is $1,326 at Jillian Square Apartments.
What is the lowest price for a Cheap Two Bedroom Fairbanks North Star Borough Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Fairbanks North Star Borough is starting from $1,413 at Jillian Square 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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
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I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
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This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.