Cheap Apartments for Rent in the Fairbanks Neighborhood of Houston, TX from $600 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the Fairbanks area of Houston.

Reserve at Rye 290

Somerset

3 Corners North
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Lafayette Green Apartment Homes

The Grove at Pinemont

3 Corners East
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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Woods of Spring Grove Apartments

Waterford Grove Apartments

Beckley Apartments

The Ambrose

Highland Apartments
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.
Fairbanks, Houston, TX Local Guide

How much does it cost to rent an apartment in Fairbanks?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Fairbanks Studio Apartments | $742 | $675 | $1,377 |
Fairbanks 1 Bedroom Apartments | $1,023 | $645 | $1,825 |
Fairbanks 2 Bedroom Apartments | $1,389 | $884 | $2,550 |
Fairbanks 3 Bedroom Apartments | $1,725 | $1,340 | $2,384 |
Fairbanks 4 Bedroom Apartments | $1,879 | $1,879 | $1,879 |
Browse Apartments in this Neighborhood
There are currently 19 rentals with your search options within a 2 mile radius of the Fairbanks Neighborhood of Houston, TX.
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Fairbanks, Houston, TX Local Guide
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Cheapest Available Fairbanks Apartments for Rent
 The cheapest available apartment rental in the Fairbanks area of Houston, TX is a 1 Bed unit found at Carmel Creek priced from $645. Reserve at Rye 290 has the second lowest priced unit, which is a Studio apartment currently listed from $675. Here are the most affordable Fairbanks apartments for rent in Houston, TX:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Carmel Creek | A2R2 | 1BR,1BA | $645 |
Reserve at Rye 290 | Standard Studio | Studio,1BA | $675 |
Somerset | A1 | 1BR,1BA | $734 |
3 Corners North | A1 | 1BR,1BA | $787 |
Quail Creek | Quail Creek Apartments **Under New Management** | 1BR,1BA | $795 |
Best Value Apartments for Rent in Fairbanks, TX
As of June 18, 2025 the best value apartment in the Fairbanks area is the $1.32 price per square foot 5860 Sampley Way Model at 5860 Sampley Way, Unit 5860 in the in the Fairbanks neighborhood starting from $1,850. The second greatest value Fairbanks apartment is the B4 Model at The Ambrose starting at $1,334 with a $1.30 price per square foot in the Fairbanks neighborhood. 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. |
---|---|---|---|
5860 Sampley Way, Unit 5860 | 5860 Sampley Way | 2BR,2BA | $1.32 |
The Ambrose | B4 | 2BR,2BA | $1.30 |
Woodcreek Hollister Apartments | Tahoe | 2BR,2BA | $1.04 |
3 Corners West | B1 | 2BR,2BA | $1.21 |
Beckley Apartments | B1 | 2BR,1BA | $1.42 |
3 Corners East | A1 | 1BR,1BA | $1.26 |
Highland Apartments | A1 | 1BR,1BA | $1.45 |
Villa Anita 2 | 1x1 | 1BR,1BA | $1.28 |
Waterford Grove Apartments | A1-Aggie | 1BR,1BA | $1.45 |
Somerset | A1 | 1BR,1BA | $1.31 |
Quick 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.
Lifestyle Ratings
ApartmentHomeLiving.com works hard to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, metropolitan areas, and rental properties across Texas and customized analysis for Northwestern Houston. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and the best proximity to parks and outdoor amenities, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Fairbanks Apartments
What is the Cheapest Studio apartment in Fairbanks?
Currently the most affordable Cheap Studio Apartment in Fairbanks is at Reserve at Rye 290 listed at $675.
How much is rent for a Cheap One Bedroom Fairbanks Apartment?
The lowest price for a Cheap One Bedroom Fairbanks Apartment is $645 at Carmel Creek.
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 $884 at Carmel Creek.
What is the most affordable Fairbanks Three Bedroom Apartment?
The best deal on a cheap Fairbanks Three Bedroom Apartment rental is at Woodcreek Hollister Apartments and starts from $1,340.
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.

The 10 Best Affordable Neighborhoods in Houston, TX
Written by: Lori Rosario
Houston is a huge city, and it’s still growing, which makes it one of the most sought after places in the country to move.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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.