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$6001 Bedroom Apartments Available Now
612 E 14th Ave
612 E 14th AveAnchorage, AK 99501
Cheap Apartments for Rent in Anchorage, AK from $600 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in Anchorage.
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$950Studio to 2 Bedroom Apartments Available Mar 31
Merrill Crossing
1275 E 9th AveAnchorage, AK 99501
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$975 - $1,175Studio to 2 Bedroom Apartments Available Now
Panoramic View
787 Elm StAnchorage, AK 99501
3400 Eureka St
AnchorageAK99503
24046 Pillow Cir
AnchorageAK99567
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$1,025 - $1,575Studio to 1 Bedroom Apartments Available Now
McKinley Tower Apartments
337 E 4th AveAnchorage, AK 99501
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$1,145 - $1,295Studio to 1 Bedroom Apartments Available Now
Northwind Apartments
524 E 11th AveAnchorage, AK 99501
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$1,170 - $1,460Studio to 2 Bedroom Apartments Available Now
College View
3501 E 42nd AveAnchorage, AK 99508
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1 to 2 Bedroom Apartments
Lumen Park Apartments
2778 Lumen Park DrAnchorage, AK 99507
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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Studio to 1 Bedroom Apartments
West Midtown Gardens
1327 W 27th AveAnchorage, AK 99503
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Studio Apartments
West Midtown Pointe
1425 W 27th AveAnchorage, AK 99503
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Studio to 3 Bedroom Apartments
North Pointe Apartments
905 Richardson Vista RdAnchorage, AK 99501
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1 to 4 Bedroom Apartments
Loussac Place Apartments
2067 Fiddlehead PlAnchorage, AK 99503
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1 to 2 Bedroom Apartments
Caswell Court
Centennial CirAnchorage, AK 99504
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1 to 2 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 to 2 Bedroom Apartments
Northern Lights Manor
1353 W 27th AveAnchorage, AK 99503
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Studio to 1 Bedroom Apartments
Beluga Flats
13496 Old Seward HwyAnchorage, AK 99515
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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Studio to 1 Bedroom Apartments
West Midtown Village
1414 W 26th AveAnchorage, AK 99503
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1 Bedroom Apartments
Eureka Street Apartments
3405 Eureka StAnchorage, AK 99503
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1 to 3 Bedroom Apartments
Casablanca Apartments
4318-4320 Checkmate DrAnchorage, AK 99508
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1 Bedroom Apartments
Smallwood Manor Apartments
3400 Eureka StAnchorage, AK 99503
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2 Bedroom Apartments
2805 W 31st Ave
2805 W 31st AveAnchorage, AK 99517
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Studio to 1 Bedroom Apartments
Country Lane
810 E 42nd AveAnchorage, AK 99503
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Studio to 2 Bedroom Apartments
Continental
3321 Eureka StAnchorage, AK 99503
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1 to 2 Bedroom Apartments
Independence Park Apartments
9641-9731 Vanguard DrAnchorage, AK 99507
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Studio to 2 Bedroom Apartments
Castle
915 W 27th AveAnchorage, AK 99503
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 to 3 Bedroom Apartments
Arctic Gardens
7211 Meadow StAnchorage, AK 99507
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1 Bedroom Apartments
Gill Oscar House
1344 W 10th AveAnchorage, AK 99501
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Studio to 1 Bedroom Apartments
Cedarwood Apartments
1336 W 23rd AveAnchorage, AK 99503
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Studio to 2 Bedroom Apartments
5440 E 26th Ave
5440 E 26th AveAnchorage, AK 99508
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Studio to 1 Bedroom Apartments
Arbor Pointe
1473 W 25th AveAnchorage, AK 99503
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Studio to 3 Bedroom Apartments
The Village at Calais
601 W 32nd AveAnchorage, AK 99503
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2 Bedroom Apartments
Strawberry Lane
2100-2110 Strawberry RdAnchorage, AK 99502
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2 Bedroom Apartments
Diamond Willow Apartments
9700-9702 Sundown CtAnchorage, AK 99515
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1 to 2 Bedroom Apartments
Creekside at Alyeska
351 HightowerGirdwood, AK 99587
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.
Showing Results 1-36, Page 1 of 1
Anchorage, AK Local Guide
How much does it cost to rent an apartment in Anchorage?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Anchorage Studio Apartments | $1,449 | $950 | $2,750 |
| Cheap Anchorage 1 Bedroom Apartments | $1,719 | $600 | $5,223 |
| Cheap Anchorage 2 Bedroom Apartments | $1,982 | $1,175 | $6,342 |
| Cheap Anchorage 3 Bedroom Apartments | $2,529 | $1,550 | $6,039 |
Browse Top Apartments in Anchorage
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Anchorage, AK Local Guide
Written By:
Staff Writer Local Guide Expert
- Anchorage Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Neighborhoods for Apartments in Anchorage, AK
Pricing Updated: 03/23/2026Current apartment rentals in the Anchorage, AK area range in price from $950 to $3,600 with an overall median price of $2,334. The three Anchorage neighborhoods with the lowest median rent pricing are Taku at $1,200, Taku Campbell at $1,200, and Turnagain South Columbia Park at $950. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Anchorage Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Taku | $1,200 | $1,200 | 1 |
| Taku Campbell | $1,200 | $1,200 | 1 |
| Turnagain South Columbia Park | $1,225 | $950 | 4 |
| Mountain View | $1,500 | $1,400 | 1 |
| Turnagain | $1,675 | $1,100 | 3 |
| Abbott-Loop | $1,700 | $1,000 | 1 |
| West Turnagain | $1,800 | $950 | 6 |
| Spenard | $1,900 | $950 | 5 |
| Northeast Anchorage | $1,950 | $1,550 | 1 |
| Russian Jack Park | $2,150 | $1,550 | 2 |
Cheapest Available Anchorage Apartments for Rent
The cheapest available apartment rental in Anchorage, AK is a Studio unit found at Panoramic View in the Government Hill neighborhood priced from $975. Country Lane in the Downtown Anchorage neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,025. Here is today’s list of the most affordable Anchorage apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Panoramic View | Studio | Studio,1BA | $975 |
| Country Lane | Studio | Studio,1BA | $1,025 |
| Castle | Studio X small | Studio,1BA | $1,060 |
| Arbor Pointe | Studio | Studio,1BA | $1,130 |
| Northwind Apartments | Studio 3rd floor | Studio,1BA | $1,145 |
| The Village at Calais | 1x1 | 1BR,1BA | $1,185 |
| Susitna Ridge | Studio | Studio,1BA | $1,205 |
| College View | 1 bedroom | 1BR,1BA | $1,220 |
| Chester Park Estate | 1BD/1BA- Floorplan A | 1BR,1BA | $1,225 |
| Rancho Tudor | Studio | Studio,1BA | $1,225 |
Best Value Apartments for Rent in Anchorage, AK
As of March 23, 2026 the best value apartment in the Anchorage area is the $1.21 price per square foot 1803 Dare Ave Model at 1803 Dare Ave, Unit 7 in the in the Old Seward Oceanview neighborhood starting from $1,550. The second greatest value Anchorage apartment is the 1805 Dare Ave Model at 1805 Dare Ave, Unit 1 starting at $1,350 with a $1.13 price per square foot in the Old Seward Oceanview neighborhood. Here is today’s list of the best values for Anchorage apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1803 Dare Ave, Unit 7 | 1803 Dare Ave | 3BR,1BA | $1.21 |
| 1805 Dare Ave, Unit 1 | 1805 Dare Ave | 2BR,1BA | $1.13 |
| 8000 E 10th Ave, Unit C | 8000 E 10th Ave | 3BR,1BA | $1.56 |
| Montclair | Large Two bedroom one bath | 2BR,1BA | $1.82 |
| Deer Park | Two Bedroom | 2BR,1BA | $1.78 |
| Arctic Sun | 2x1 900 | 2BR,1BA | $1.76 |
| The Mallary | 2 Bed | 2BR,1BA | $1.75 |
| Tudor Park Apartments | 1 bedroom bottom | 1BR,1BA | $1.81 |
| Chester Park Estate | 1BD/1BA- Floorplan A | 1BR,1BA | $1.83 |
| Northwind Apartments | Studio 3rd floor | Studio ,1BA | $1.76 |
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.
Anchorage Overview
Stand up and walk out your front door. Go ahead. We’ll wait. Did you see any moose? Any black bears, grizzly bears, mountain goats or lynx? No? That’s because you don’t live in an apartment in Anchorage Alaska where mother nature is close enough to hit with a badly thrown rock. Anchorage has more going for it than nature (although some people won’t require any more). It has a good economy, ample job opportunities and recreation.
Why live in Anchorage, AK?
Apartment living in Anchorage is perfect for people who like an intimate social life with familiar people. The small town experience is at your finger tips. You can choose a favorite hangout and form sturdy friendships with the people you meet there. The outdoors is within walking distance of the front door of your apartment. Wildlife fills the forest, and you can enjoy it just by walking outside. Nightlife in Anchorage provides everything you could ever want. It ranges from Koots with men in plaid wool shirts and heavy shoes talking loudly about sports to Club Paris with low lighting, excellent food and an intimate ambiance. Anchorage has serious institutions like the Alaska Center for the Performing arts, the Anchorage Concert Association and the Sitka Summer Music Festival which presents more than 600 performances a year.
Best Local Schools in Anchorage, AK
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Anchorage, AK Rentals by Map
See the most popular apartments and homes in Anchorage, AK
Anchorage, AK Area Reviews
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Let everyone know!
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Lorelie • 3+ years in Anchorage
February 25, 2025Nice
Frequently Asked Questions about Cheap Anchorage Apartments
What is the Cheapest Studio apartment in Anchorage?
Currently the most affordable Cheap Studio Apartment in Anchorage is at Panoramic View listed at $975.
How much is rent for a Cheap One Bedroom Anchorage Apartment?
The lowest price for a Cheap One Bedroom Anchorage Apartment is $1,050 at Panoramic View.
What is the lowest price for a Cheap Two Bedroom Anchorage Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Anchorage is starting from $1,175 at Panoramic View.
What is the most affordable Anchorage Three Bedroom Apartment?
The best deal on a cheap Anchorage Three Bedroom Apartment rental is at Chester Park Estate and starts from $1,800.
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
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.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.