
Cheap Apartments for Rent in the Fairbanks Neighborhood of Houston, TX from $400 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in the Fairbanks area of Houston.


The Reserve at Rye 290

Northwest Corners

Timbers of Inwood Forest
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Somerset

Flint at 290

The Vintage

3 Corners West

Pine Arbor
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Lafayette Green Apartment Homes

Stonehaven

3 Corners East

The Grove at Pinemont

Saxon Square

Pine Forest Park
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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 | $913 | $692 | $2,565 |
Fairbanks 1 Bedroom Apartments | $1,030 | $469 | $2,378 |
Fairbanks 2 Bedroom Apartments | $1,294 | $561 | $3,107 |
Fairbanks 3 Bedroom Apartments | $1,737 | $1,050 | $5,563 |
Fairbanks 4 Bedroom Apartments | $3,314 | $1,879 | $9,057 |
Browse Apartments in this Neighborhood
There are currently 22 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. The Reserve at Rye 290 has the second lowest priced unit, which is a Studio apartment currently listed from $692. 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 |
The Reserve at Rye 290 | The Ivy | Studio,1BA | $692 |
Inwood Grove | A | 1BR,1BA | $695 |
Timbers of Inwood Forest | Plan A | 1BR,1BA | $725 |
Somerset | A1 | 1BR,1BA | $744 |
Best Value Apartments for Rent in Fairbanks, TX
As of September 17, 2025 the best value apartment in the Fairbanks area is the $0.61 price per square foot 9915 Porto Rico Rd Model at 9915 Porto Rico Rd, Unit 9915 Porto Rico Road - B in the in the Fairbanks neighborhood starting from $2,500. The second greatest value Fairbanks apartment is the 2x2.5 Model at Park at Woodland Trails starting at $1,364 with a $1.18 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. |
---|---|---|---|
9915 Porto Rico Rd, Unit 9915 Porto Rico Road - B | 9915 Porto Rico Rd | 5BR,2.5BA | $0.61 |
Park at Woodland Trails | 2x2.5 | 2BR,2BA | $1.18 |
Estates at Hollister | A1R | 1BR,1BA | $1.13 |
Woodcreek Hollister Apartments | Tahoe | 2BR,2BA | $1.04 |
Inwood Grove | D | 2BR,1BA | $1.25 |
3 Corners West | A3 Renovated | 1BR,1BA | $1.18 |
Saxon Square | Lenox | 1BR,1BA | $1.16 |
3 Corners East | A1 | 1BR,1BA | $1.21 |
The Reserve at White Oak | A1A | 1BR,1BA | $1.22 |
Timbers of Inwood Forest | Plan A | 1BR,1BA | $1.19 |
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Pet Friendly LifestyleFairbanks, Houston, TX
Ranked #95
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
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 a cheap apartment in Fairbanks?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Fairbanks is under $839.
What is the price of a cheap apartment in Fairbanks?
The cheapest apartment in Fairbanks is Carmel Creek which is listed at $645, while the average apartment in Fairbanks costs $7,566.
What types of apartments are the cheapest in Fairbanks?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 36 regular apartments in Fairbanks that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Fairbanks?
Cheap apartments in Fairbanks have an average cost of $140 which is $7,426 cheaper than the average rent for all rentals in Fairbanks.
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.

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Written by: Christine Leonard, Esq.
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