
Cheap 1 Bedroom Apartments for Rent in Anchorage, AK from $1,050 (72 Rentals)


612 E 14th Ave, Unit 22

Castle

1100 W 32nd Ave

206 Huot Cir, Unit 1

College View

Chester Park Estate

The Club at Eagle Point

Susitna Ridge

Stephens Park
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.

Northwind Apartments

618 Gambell St, Unit 23

Central Park Apartments

Arctic Sun

Tudor Park Apartments

Russian Jack

Green Tree Apartments

City View

Alpine

Terrace on the Lake
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

Creekside Manor

McKinley Tower Apartments

The Greenbriar

9645 Independence Dr, Unit 302

3011 Lois Dr, Unit 109

310 E 11th Ave

Lumen Park Apartments

Loussac Place Apartments

Caswell Court

Mountain View Apartments
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

West Midtown Place

Northern Lights Manor

West Midtown Village

West Midtown Gardens

Smallwood Manor Apartments

Casablanca Apartments

Eureka Street Apartments

Independence Park Apartments

Gill Oscar House

821 E 12th Ave
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Conifer Grove

The Village at Calais

10260 Jamestown Dr

Country Lane

3350 Boniface Pkwy

Continental

138 N Klevin St

Park Plaza

Ptarmigan Meadows

The Alaskan
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Anchorage, AK Local Guide

How much does it cost to rent an apartment in Anchorage?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Anchorage Studio Apartments | $1,312 | $712 | $2,750 |
| Anchorage 1 Bedroom Apartments | $1,556 | $1,050 | $3,925 |
| Anchorage 2 Bedroom Apartments | $1,893 | $1,175 | $4,840 |
| Anchorage 3 Bedroom Apartments | $2,612 | $1,365 | $7,761 |
| Anchorage 4 Bedroom Apartments | $2,995 | $2,995 | $2,995 |
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Anchorage, AK Local Guide
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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.
Read ArticleReal 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.
Read ArticleQuick 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.
Anchorage, AKPopulation: 291,538
Ranked #68
in US Census Population by City
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, 2025Nice
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 $1,180.
What is the price of a cheap apartment in Anchorage?
The cheapest apartment in Anchorage is North Pointe Apartments which is listed at $1,050, while the average apartment in Anchorage costs $2,824.
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 68 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 $237 which is $2,587 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

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.