Cheap Short Term Lease Apartments for Rent in Anchorage, AK from $600 (3 Rentals)
Short Term Rental Options.
Cheap Apartments in Anchorage.
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.

Susitna Ridge
The Freedom of Short-Term Rentals: Exploring the Advantages for Renters
From flexibility to potential costs, explore the key benefits and drawbacks of short-term rental housing from a renter's perspective.
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 | $1,397 | $900 | $2,250 |
Anchorage 1 Bedroom Apartments | $1,567 | $1,050 | $2,450 |
Anchorage 2 Bedroom Apartments | $1,724 | $1,175 | $3,200 |
Anchorage 3 Bedroom Apartments | $2,129 | $1,595 | $3,600 |
Anchorage 4 Bedroom Apartments | $2,050 | $2,050 | $2,050 |
Explore Anchorage
Anchorage, AK Local Guide
- Anchorage Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Quick 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.
Getting Around Anchorage, AK
Walk Score®
62 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
67 / 100
Bikeable
Some bike infrastructure
Transit Score®
35 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,280.
What is the price of a cheap apartment in Anchorage?
The cheapest apartment in Anchorage is Panoramic View which is listed at $1,050, while the average apartment in Anchorage costs $2,083.
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 62 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 $742 which is $1,341 cheaper than the average rent for all rentals in Anchorage.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.