
Cheap Homes for Rent in Fairbanks North Star Borough, AK from $1,200 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Fairbanks North Star Borough.


2490 Mission Rd, Unit Apt 8
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.

3152 Wyatt Rd, Unit Apt 5

548 2nd St
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.

79 Slater Dr
Fairbanks North Star Borough, AK Local Guide

How much does it cost to rent a home in Fairbanks North Star Borough?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fairbanks North Star Borough 2 Bedroom Homes for Rent | $2,450 | $1,600 | $3,000 |
| Fairbanks North Star Borough 3 Bedroom Homes for Rent | $3,560 | $2,300 | $6,500 |
| Fairbanks North Star Borough 4 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Browse Homes for Rent in Fairbanks North Star Borough
Explore Fairbanks North Star Borough
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 $1,389. 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 | $1,389 |
| Sophie Plaza Apartments | Medium One-Bedroom | 1BR,1BA | $1,390 |
Best Value Apartments for Rent in Fairbanks North Star Borough, AK
As of June 05, 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 $1,500 with a $2.00 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. |
|---|---|---|---|
| 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 | $1.93 |
| 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 Fairbanks North Star Borough
What type of rentals are currently available in Fairbanks North Star Borough?
There are currently 76 Apartments for Rent in Fairbanks North Star Borough, AK with pricing that ranges from $1,100 to $2,500. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fairbanks North Star Borough ranging from $1,250 to $6,500.
What is the current price range for Rental Homes in Fairbanks North Star Borough?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Fairbanks North Star Borough ranges from $1,250 to $6,500 with an average monthly rent of $2,583.
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

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
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
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.