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$7001 Bedroom Apartments Available Now
612 E 14th Ave, Unit 15
612 E 14th AveAnchorage, AK 99501
Cheap 1 Bedroom Apartments for Rent in Anchorage, AK from $700 (66 Rentals)
1046 W 26th Ave
AnchorageAK99503
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$1,220 - $1,2301 Bedroom Apartments Available Now
College View
3501 E 42nd AveAnchorage, AK 99508
2720 Coho Way
AnchorageAK99517
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$1,2251 Bedroom Apartments Available Now
Chester Park Estate
1019 E 20th AveAnchorage, AK 99501
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$1,225 - $1,2951 Bedroom Apartments Available Now
Northwind Apartments
524 E 11th AveAnchorage, AK 99501
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$1,229 - $2,1191 Bedroom Apartments Available Now
The Club at Eagle Point
5640 Lake Otis PkyAnchorage, AK 99507
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$1,2751 Bedroom Apartments Contact Us For Availability
Tudor Park Apartments
4631 Juneau StAnchorage, AK 99503
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$1,3301 Bedroom Apartments Available Now
Central Park Apartments
2300 D StAnchorage, AK 99503
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$1,3451 Bedroom Apartments Available May 11
Green Tree Apartments
1500 Russian Jack DrAnchorage, AK 99508
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.
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Rent Specials
$1,395 - $1,5551 Bedroom Apartments Available Now
Russian Jack
4545 Reka DrAnchorage, AK 99508
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$1,400
Total Monthly Price
1 Bedroom Apartment Available NowTotal Monthly Price
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$1,400
Total Monthly Price
$1,400
1426 Orca St, Unit 1, Unit 1
1426 Orca StAnchorage, AK 99501
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$1,415 - $1,7001 Bedroom Apartments Available Now
Alpine
5215 Mockingbird DrAnchorage, AK 99507
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$1,4251 Bedroom Apartments Available May 26
Town Square Manor Apartments
1536 Charter CirAnchorage, AK 99508
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$1,495 - $1,5951 Bedroom Apartments Contact Us For Availability
Creekside Manor
7545 Foxridge WayAnchorage, AK 99518
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$1,535 - $1,7051 Bedroom Apartments Available Now
The Greenbriar
4318 Vance DrAnchorage, AK 99508
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$1,5751 Bedroom Apartments Contact Us For Availability
McKinley Tower Apartments
337 E 4th AveAnchorage, AK 99501
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1 Bedroom Apartments
Lumen Park Apartments
2778 Lumen Park DrAnchorage, AK 99507
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1 Bedroom Apartments
Loussac Place Apartments
2067 Fiddlehead PlAnchorage, AK 99503
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1 Bedroom Apartments
Caswell Court
Centennial CirAnchorage, AK 99504
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.
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1 Bedroom Apartments
Mountain View Apartments
185 Rideline LoopAnchorage, AK 99508
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1 Bedroom Apartments
West Midtown Place
1023 W 26th AveAnchorage, AK 99503
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1 Bedroom Apartments
Northern Lights Manor
1353 W 27th AveAnchorage, AK 99503
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1 Bedroom Apartments
West Midtown Village
1414 W 26th AveAnchorage, AK 99503
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1 Bedroom Apartments
North Pointe Apartments
905 Richardson Vista RdAnchorage, AK 99501
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1 Bedroom Apartments
West Midtown Gardens
1327 W 27th AveAnchorage, AK 99503
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1 Bedroom Apartments
Milepost O Apartments
618 Gambell StAnchorage, AK 99501
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1 Bedroom Apartments
Smallwood Manor Apartments
3400 Eureka StAnchorage, AK 99503
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1 Bedroom Apartments
Casablanca Apartments
4318-4320 Checkmate DrAnchorage, AK 99508
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1 Bedroom Apartments
Eureka Street Apartments
3405 Eureka StAnchorage, AK 99503
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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1 Bedroom Apartments
Independence Park Apartments
9641-9731 Vanguard DrAnchorage, AK 99507
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1 Bedroom Apartments
Gill Oscar House
1344 W 10th AveAnchorage, AK 99501
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1 Bedroom Apartments
Castle
915 W 27th AveAnchorage, AK 99503
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1 Bedroom Apartments
The Village at Calais
601 W 32nd AveAnchorage, AK 99503
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1 Bedroom Apartments
Conifer Grove
218 McCarrey StAnchorage, AK 99508
3350 Boniface Pkwy
AnchorageAK99504
8831 Cordell Cir
AnchorageAK99502
1710 Muldoon Cir
AnchorageAK99504
3230 Boniface Pkwy
AnchorageAK99504
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1 Bedroom Apartments
Park Plaza
201 E 16th AveAnchorage, AK 99501
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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1 Bedroom Apartments
Continental
3321 Eureka StAnchorage, AK 99503
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1 Bedroom Apartments
Susitna Ridge
1601 Medfra StAnchorage, AK 99501
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1 Bedroom Apartments
Ptarmigan Meadows
5340 E 26th AveAnchorage, AK 99508
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1 Bedroom Apartments
Rancho Tudor
3531 E 42nd AveAnchorage, AK 99508
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1 Bedroom Apartments
Chester Creek Estates
5814 E Northern Lights BlvdAnchorage, AK 99504
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1 Bedroom Apartments
City View
230 W 14th AveAnchorage, AK 99501
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1 Bedroom Apartments
Nicole Apartments
1046 W 26th AveAnchorage, AK 99503
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1 Bedroom Apartments
Hillside Chalet
631 E 22nd AveAnchorage, AK 99503
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1 Bedroom Apartments
Arctic Sun
625 W 46th AveAnchorage, AK 99503
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1 Bedroom Apartments
The Outlook Apartments
234 E 15th AveAnchorage, AK 99501
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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 | $1,549 | $975 | $2,750 |
| Anchorage 1 Bedroom Apartments | $1,699 | $700 | $3,925 |
| Anchorage 2 Bedroom Apartments | $1,876 | $820 | $4,511 |
| Anchorage 3 Bedroom Apartments | $2,562 | $1,550 | $7,953 |
| Anchorage 4 Bedroom Apartments | $3,200 | $3,200 | $3,200 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Anchorage, AK Local Guide
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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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.
Best Local Schools in Anchorage, AK
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Anchorage, AK Area Reviews
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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 $1,225.
What is the price of a cheap apartment in Anchorage?
The cheapest apartment in Anchorage is Panoramic View which is listed at $1,100, while the average apartment in Anchorage costs $2,577.
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 46 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 $225 which is $2,352 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
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.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.