Cheap Apartments for Rent in Fairbanks North Star Borough, AK from $900 (26 Rentals)

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Search the lowest-cost Apartments available for rent right now in Fairbanks North Star Borough.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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3483 Rewak Dr
$1,395 - $2,695Studio to 3 Bedroom Apartment Available Sep 15

3483 Rewak Dr

3483 Rewak DrFairbanks, AK 99709
Furnished
  • Smoke Free

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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MooseCreek
2 Bedroom Apartments

MooseCreek

3397 Bellwood StNorth Pole, AK 99705
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Northward Building
Studio to 2 Bedroom Apartments

Northward Building

455 3rd AveFairbanks, AK 99701
  • Utilities Included
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645 Old Steese Hwy N
Studio to 1 Bedroom Apartments

645 Old Steese Hwy N

645 Old Steese Hwy NFairbanks, AK 99712

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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404 Kit Blvd
2 Bedroom Apartments

404 Kit Blvd

404 Kit BlvdNorth Pole, AK 99705
  • Utilities Included
Showing Results 1-26, Page 1 of 1

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 Sophie Plaza Apartments priced from $1,390. Wedgewood Resort Apartments in the Downtown Fairbanks neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,450. Here is today’s list of the most affordable Fairbanks North Star Borough apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Sophie Plaza ApartmentsMedium One-Bedroom1BR,1BA$1,390
Wedgewood Resort Apartments1 Bedroom Suite1BR,1BA$1,450
Willow Woods ApartmentsOpen Kitchen 1x11BR,1BA$1,520
649 Jennie Ln2 Bedroom2BR,1BA$1,600

Best Value Apartments for Rent in Fairbanks North Star Borough, AK

As of August 25, 2026 the best value apartment in the Fairbanks North Star Borough area is the $1.74 price per square foot Medium One-Bedroom Model at Sophie Plaza Apartments in the starting from $1,390. The second greatest value Fairbanks North Star Borough apartment is the 2 Bedroom Model at 649 Jennie Ln starting at $1,600 with a $2.13 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Sophie Plaza ApartmentsMedium One-Bedroom1BR,1BA$1.74
649 Jennie Ln2 Bedroom2BR,1BA$2.13
Willow Woods ApartmentsGalley Kitchen 1x11BR,1BA$2.11
Wedgewood Resort Apartments1 Bedroom Suite1BR,1BA$2.03

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 $1,390 at Sophie Plaza 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 $1,600 at 649 Jennie Ln.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.