Cheap 1 Bedroom Apartments for Rent in Anchorage, AK from $700 (86 Rentals)

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5453 Camelot Dr, Unit #2
$1,200
Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200
1 Bedroom Apartment Available Now

5453 Camelot Dr, Unit #2

5453 Camelot DrAnchorage, AK 99508
Affordability

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.

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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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property at 4003 Garfield St

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550
Total Monthly Price
$1,550

1 Bedroom, 1 Bath Townhome for Rent

Available Now

4003 Garfield St, Unit Downstairs

4003 Garfield St
AnchorageAK99503

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Caswell Court
1 Bedroom Apartments

Caswell Court

Centennial CirAnchorage, AK 99504
Senior Living
  • Utilities Included
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Mountain View Apartments
1 Bedroom Apartments

Mountain View Apartments

185 Rideline LoopAnchorage, AK 99508
Senior Living
  • Utilities Included
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West Midtown Place
1 Bedroom Apartments

West Midtown Place

1023 W 26th AveAnchorage, AK 99503
  • Utilities Included
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Northern Lights Manor
1 Bedroom Apartments

Northern Lights Manor

1353 W 27th AveAnchorage, AK 99503
  • Utilities Included
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Casablanca Apartments
1 Bedroom Apartments

Casablanca Apartments

4318-4320 Checkmate DrAnchorage, AK 99508
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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(39) Camlett
1 Bedroom Apartments

(39) Camlett

4003 Minnesota DrAnchorage, AK 99503
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Gill Oscar House
1 Bedroom Apartments

Gill Oscar House

1344 W 10th AveAnchorage, AK 99501
property at 1462 W 26th Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

1 Bedroom, 1 Bath Condo for Rent

Available Now

1462 W 26th Ave, Unit 19

1462 W 26th Ave
AnchorageAK99503
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Country Lane
1 Bedroom Apartments

Country Lane

810 E 42nd AveAnchorage, AK 99503

Genius Ideas and Studio Layout Tips That Maximize Every Square Inch

Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

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Anchorage, AK Local Guide

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Anchorage, AK
Population: 291,538

Ranked #68

in US Census Population by City

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Best Local Schools in
Anchorage, AK

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

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Anchorage, AK Area Reviews

    Lorelie • 3+ years in Anchorage

    February 25, 2025

    Nice

    Frequently Asked Questions about Cheap Anchorage Apartments

    What is a cheap apartment in Anchorage?

    A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Anchorage is under $1,150.

    What is the price of a cheap apartment in Anchorage?

    The cheapest apartment in Anchorage is 1335 Hyder Street which is listed at $995, while the average apartment in Anchorage costs $1,583.

    What types of apartments are the cheapest in Anchorage?

    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 42 regular apartments in Anchorage 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 Anchorage?

    Cheap apartments in Anchorage have an average cost of $489 which is $1,094 cheaper than the average rent for all rentals in Anchorage.

    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

    decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

    Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

    Written by: Robin Stewart

    Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

    decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

    First Apartment Regrets: Real Renters Share What They'd Do Differently

    Written by: Robin Stewart

    Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

    decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

    Renters Insurance 101: What It Is, What It Covers, and Why You Need It

    Written by: Robin Stewart

    Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

    decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

    Apartment Occupancy Rates: Renter Attraction vs Renter Retention

    Written by: Robin Stewart

    There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.