Cheap Apartments for Rent in Anchorage, AK from $700 with Washer/Dryer (44 Rentals)

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Search the lowest-cost Apartments available for rent right now in Anchorage.

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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3111 W 30th Ave, Unit 2
$1,800

Total Monthly Price

Base Rent$1,800
Total Monthly Price$1,800
2 Bedroom Apartment Available Now

3111 W 30th Ave, Unit 2

3111 W 30th AveAnchorage, AK 99517
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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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Lumen Park Apartments
1 to 2 Bedroom Apartments

Lumen Park Apartments

2778 Lumen Park DrAnchorage, AK 99507
Senior Living

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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Caswell Court
1 to 2 Bedroom Apartments

Caswell Court

Centennial CirAnchorage, AK 99504
Senior Living
  • Utilities Included
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Mountain View Apartments
1 to 2 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
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The Adelaide
Studio to 1 Bedroom Apartments

The Adelaide

201 E 9th AveAnchorage, AK 99501
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5440 E 26th Ave
Studio to 2 Bedroom Apartments

5440 E 26th Ave

5440 E 26th AveAnchorage, AK 99508
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Chester Creek Estates
1 to 4 Bedroom Apartments

Chester Creek Estates

5814 E Northern Lights BlvdAnchorage, AK 99504
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Hampstead Heath
2 to 3 Bedroom Apartments

Hampstead Heath

6415 Hampstead DrAnchorage, AK 99518

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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Century Plaza
Studio to 2 Bedroom Apartments

Century Plaza

124 E 3rd AveAnchorage, AK 99501
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Downtown Classics
2 Bedroom Apartments

Downtown Classics

1111 Barrow StAnchorage, AK 99501
Furnished
  • Utilities Included
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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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Coronado Park Townhomes
1 to 3 Bedroom Apartments

Coronado Park Townhomes

11516 Grand Canyon LoopEagle River, AK 99577
  • Utilities Included
Showing Results 1-44, Page 1 of 1

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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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.

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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

School data provided by Great Schools

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 the Cheapest Studio apartment in Anchorage?

    Currently the most affordable Cheap Studio Apartment in Anchorage is at Loussac Sogn listed at $700.

    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 North Pointe Apartments.

    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 North Pointe Apartments.

    What is the most affordable Anchorage Three Bedroom Apartment?

    The best deal on a cheap Anchorage Three Bedroom Apartment rental is at Chester Park Estates 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

    decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

    Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

    Written by: Robin Stewart

    Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

    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.