How much is the average rent in Fairbanks, AK for 1-bedroom and 2-bedroom apartments?

Fairbanks 1-bedroom apartments averaged around $1,300 per month in 2025, while 2-bedroom units averaged around $1,700 monthly. These figures reflect the current rental market across the city's diverse neighborhood options.

When is the best time to look for an apartment in Fairbanks, AK?

Late summer and fall months offer the best opportunities for apartment hunting in Fairbanks, with August seeing the lowest rents and November being the least competitive period. April has the highest rent and most competition, creating approximately a 5.6% difference between peak and off-peak months.

What are the best neighborhoods to rent an apartment in Fairbanks, AK?

Downtown Fairbanks, Van Horn Industrial Area, Weeks Field, and Aurora-Lemeta stand out for social living with high walk scores and excellent transit accessibility. Hamilton Acres generates the highest consumer interest at 1.2 times the market average, while Shannon Park offers comprehensive pet amenities for animal owners.

What areas of Fairbanks, AK are best for budget-conscious renters?

Van Horn Industrial Area offers the most affordable option with 1-bedroom apartments at around $1,050 per month, which is 20% lower than the city median. Weeks Field and Hamilton Acres provide additional budget-friendly choices with median rents of around $1,430 and $1,480 respectively.

Are there pet-friendly apartments in Fairbanks, AK?

Shannon Park, Downtown Fairbanks, Van Horn Industrial Area, and Aurora-Lemeta offer excellent pet amenities including waste stations, grooming facilities, dedicated pet spaces, and outdoor areas. These neighborhoods also feature pet-safe windows and nearby veterinary hospitals for comprehensive pet ownership support.

Are utilities usually included in rent in Fairbanks, AK?

Utilities are rarely included in Fairbanks rental properties, appearing in less than 1% of listings across all bedroom types. Only around 22 total listings include utilities, representing approximately 0.18% of the rental market.

Are most apartments in Fairbanks, AK largely older buildings or new developments?

Fairbanks rental properties are predominantly ranch-style homes, an architectural style that gained widespread popularity during the post-World War II suburban expansion of the 1950s and 1960s. These single-story layouts feature long, low profiles and open floor plans designed for practical living in the local market.

Cheap Apartments for Rent in Fairbanks, AK

25 rentals available

5d+ ago

Cheap College Road apartment for rent in College

1128 Hess Ave #XX, College, AK 99709

Affordable

1 bed

1 bath

$700

Apartment for rent

Available Jun 14

3d ago

Cheap house for rent in Fairbanks

SINGLE_FAMILY - Fairbanks, AK

2608 Wecota Dr #B, Fairbanks, AK 99709

Affordable | On-site management | Outdoor space

1 bed

0 baths

$750

House for rent

Top amenities

On-Site Management

3d ago

Cheap house for rent in Fairbanks

SINGLE_FAMILY - Fairbanks, AK

159 Nash St, Fairbanks, AK 99709

Affordable | Storage | On-site management

1 bed

0 baths

$1,000

House for rent

Top amenities

On-Site Management

5d+ ago

Cheap apartment for rent in Fairbanks

405 Slater St #8, Fairbanks, AK 99701

Affordable | In-unit laundry

1 bed

1 bath

$1,100

Apartment for rent

Available Jun 1

Top amenities

In-Unit Laundry

3d ago

Cheap Bradway-Clear Creek house for rent in Badger

859 Runamuck Ave, Badger, AK 99705

Affordable

1 bed

1 bath

$1,250

House for rent

5d+ ago

Cheap Weeks Field apartment for rent in Fairbanks

Affordable | On-site laundry

1 bed

1 bath

$1,400

Apartment for rent

Available Jun 15

Top amenities

On-Site Laundry

Nearby rental good for eco-living

$1,200

500 A St

Nearby rental good for pet owners

$1,800

Fairbanks

5d+ ago

Cheap Hamilton Acres apartment for rent in Fairbanks

218 Farewell Ave - B

218 Farewell Ave #B, Fairbanks, AK 99701

Affordable

2 beds

1 bath

$1,400

Apartment for rent

Available Jul 1

3D tour

5d+ ago

Cheap Weeks Field apartment for rent in Fairbanks

Affordable | On-site laundry

1 bed

1 bath

$1,400

Apartment for rent

Available Jun 26

Top amenities

On-Site Laundry

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3D tour

4d ago

Cheap apartment for rent in Fairbanks

Affordable | On-site laundry

1 bed

1 bath

$1,400

Apartment for rent

Available Jun 2

Top amenities

On-Site Laundry

5d+ ago

Cheap Aurora-Lemeta apartment for rent in Fairbanks

228 Princess Dr #3, Fairbanks, AK 99701

Affordable | In-unit laundry | Assigned parking

2 beds

1 bath

$1,650

Apartment for rent

Available Jun 17

Top amenities

Carpet

In-Unit Laundry

On-Site Laundry

Find sweet deals near Fairbanks

These rentals are 10%-30% cheaper than the local average price for similar rentals.

$1,400

Hamilton Acres

$1,000

Fairbanks

$1,100

Fairbanks

$1,050

Hamilton Acres

4d ago

Cheap house for rent in Fairbanks

379 Division St, Fairbanks, AK 99712

Affordable | In-unit laundry | Oven

1 bed

1 bath

$1,800

House for rent

Top amenities

In-Unit Laundry

5d+ ago

Cheap Lakloey-Persinger apartment for rent in Badger

APARTMENT - North Pole, AK

1931 Badger Rd #3, Badger, AK 99705

Affordable | Furnished

1 bed

1 bath

$1,950

Apartment for rent

3D tour

5d+ ago

Cheap Downtown Fairbanks apartment for rent in Fairbanks

933 Cowles St #2, Fairbanks, AK 99701

Affordable | In-unit laundry | Furnished

2 beds

1 bath

$2,150

Apartment for rent

Available Jul 6

Top amenities

In-Unit Laundry

5d+ ago

Cheap Lakloey-Persinger apartment for rent in Badger

APARTMENT - North Pole, AK

1931 Badger Rd #4, Badger, AK 99705

Affordable | In-unit laundry

2 beds

1 bath

$2,200

Apartment for rent

Top amenities

In-Unit Laundry

5d+ ago

Cheap Geist Road apartment for rent in College

3BR/1.0BA

4018 Dunlap Ave, College, AK 99709

Affordable | In-unit laundry | Dishwasher

3 beds

1 bath

$2,200

Apartment for rent

Top amenities

Dishwasher

In-Unit Laundry

Microwave

5d+ ago

Cheap Bradway-Clear Creek house for rent in Badger

Ranch, Single Family - North Pole, AK

1093 Blazer Trl, Badger, AK 99705

Affordable | In-unit laundry | Dishwasher

3 beds

1.5 baths

$2,200

House for rent

Top amenities

Carpet

In-Unit Laundry

Oven

5d+ ago

Cheap Weeks Field condo for rent in Fairbanks

1701 2nd Ave #17, Fairbanks, AK 99701

Affordable | In-unit laundry | Dishwasher

2 beds

1.5 baths

$2,300

Condo for rent

Top amenities

In-Unit Laundry

5d+ ago

Cheap Bradway-Clear Creek townhouse for rent in Badger

2309 Ownby Rd #B, Badger, AK 99705

Affordable | In-unit laundry

3 beds

2 baths

$2,300

House for rent

Available Jul 6

Top amenities

In-Unit Laundry

5d+ ago

Cheap condo for rent in Fairbanks

Charming 3 bedroom 2 bath, 1 car garage and sauna

1607 Washington Dr #A, Fairbanks, AK 99709

Affordable | In-unit laundry | Garage parking

3 beds

2 baths

$2,500

Condo for rent

Available Jul 1

Top amenities

Garage Parking

In-Unit Laundry

Storage

5d+ ago

Cheap Lakloey-Persinger house for rent in Badger

SINGLE_FAMILY - North Pole, AK

1865 Cirrus Ct, Badger, AK 99705

Affordable | On-site management

2 beds

1 bath

$2,500

House for rent

Top amenities

On-Site Management

5d+ ago

Cheap Downtown Fairbanks house for rent in Fairbanks

209 2nd Ave, Fairbanks, AK 99701

Affordable | In-unit laundry | Hardwood floor

3 beds

2.5 baths

$2,500

House for rent

Top amenities

In-Unit Laundry

5d+ ago

Cheap Bradway-Clear Creek house for rent in Badger

SINGLE_FAMILY - North Pole, AK

1965 Marlette Ct, Badger, AK 99705

Affordable | Garage parking | Dishwasher

3 beds

2 baths

$2,800

House for rent

3d ago

Cheap Bradway-Clear Creek house for rent in Badger

2331 Blue Sparkle Drive - 1

2331 Blue Sparkle Dr #1, Badger, AK 99705

Affordable | In-unit laundry | Garage parking

3 beds

2 baths

$2,850

House for rent

Available Aug 5

Top amenities

Carpet

Ceiling Fan

Garage Parking

Microwave

On-Site Laundry

Storage

5d+ ago

Cheap house for rent in Fairbanks

1600 Market St, Fairbanks, AK 99709

Affordable | In-unit laundry | Garage parking

4 beds

2 baths

$3,000

House for rent

Top amenities

Dishwasher

Garage Parking

Hardwood Floor

In-Unit Laundry

Oven

5d+ ago

Cheap house for rent in Fairbanks

2451 Chief Nickoli Loop, Fairbanks, AK 99712

Affordable | Garage parking | Dishwasher

3 beds

3 baths

$3,500

House for rent

Top amenities

Ceiling Fan

Dishwasher

Garage Parking

Microwave

Oven

Waterfront

Showing 1 - 25 of 25 results

Home > Apartments in Fairbanks > Fairbanks Cheap Apartments For Rent

Updated: June 22, 2026

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