Cheap Apartments for Rent in Fairbanks, AK from $600 (8 Rentals)

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Northward Building
Studio to 1 Bedroom Apartments

Northward Building

455 3rd AveFairbanks, AK 99701
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649 Jennie Ln
1 Bedroom Apartments

649 Jennie Ln

649 Jennie LnFairbanks, AK 99709

Fairbanks, AK Local Guide

Cheapest Neighborhoods for Apartments in Fairbanks, AK

Pricing Updated: 02/15/2025

Current apartment rentals in the Fairbanks, AK area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Fairbanks Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Midtown Fairbanks$1,700$1,250448

Cheapest Available Fairbanks Apartments for Rent

 

The cheapest available apartment rental in Fairbanks, AK is a 1 Bed unit found at Willow Woods Apartments in the Midtown Fairbanks neighborhood priced from $1,250. Sophie Plaza Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,306. Here is today’s list of the most affordable Fairbanks apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Willow Woods ApartmentsOpen Kitchen One Bedroom1BR,1BA$1,250
Sophie Plaza ApartmentsMedium One-Bedroom1BR,1BA$1,306
Jillian Square ApartmentsDebutante1BR,1BA$1,310

Best Value Apartments for Rent in Fairbanks, AK

As of February 15, 2025 the best value apartment in the Fairbanks area is the $1.52 price per square foot 4x2.5 Furnished Model at Birchwood Homes in the starting from $2,995. The second greatest value Fairbanks apartment is the 1080 Evergreen St Model at 1080 Evergreen St, Unit 2 starting at $1,600 with a $1.64 price per square foot in the Midtown Fairbanks neighborhood. Here is today’s list of the best values for Fairbanks apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Birchwood Homes4x2.5 Furnished4BR,2.5BA$1.52
1080 Evergreen St, Unit 21080 Evergreen St2BR,2BA$1.64
Sophie Plaza ApartmentsMedium One-Bedroom1BR,1BA$1.63
1114 26th Ave, Unit D1114 26th Ave2BR,1BA$2.01
1734 Army Rd, Unit A1734 Army Rd1BR,0.5BA$1.04
Willow Woods ApartmentsOpen Kitchen One Bedroom1BR,1BA$1.74
Wedgewood Resort Apartments1 Bedroom Suite1BR,1BA$1.96
Jillian Square ApartmentsDebutante1BR,1BA$2.15

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Fairbanks, AK Rentals by Map

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Getting Around Fairbanks, AK

Walk Score®

41 / 100

Car-Dependent

Most errands require a car

Bike Score®

60 / 100

Bikeable

Some bike infrastructure

Transit Score®

18 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Fairbanks Apartments

How much is rent for a Cheap One Bedroom Fairbanks Apartment?

The lowest price for a Cheap One Bedroom Fairbanks Apartment is $1,250 at Willow Woods Apartments.

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 $1,374 at Jillian Square Apartments.

What is the most affordable Fairbanks Three Bedroom Apartment?

The best deal on a cheap Fairbanks Three Bedroom Apartment rental is at Birchwood Homes and starts from $2,075.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.