
Cheap Apartments for Rent in Anchorage, AK from $600 (130 Rentals) Page 2 of 3
Search the lowest-cost Apartments available for rent right now in Anchorage.


West Midtown Pointe

Loussac Place Apartments

Caswell Court

Mountain View Apartments

West Midtown Place

Northern Lights Manor

Beluga Flats

(45) West Midtown Gardens

Smallwood Manor Apartments
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.

Eureka Street Apartments

Casablanca Apartments

2805 W 31st Ave

Independence Park Apartments

The Adelaide

Arctic Gardens

Gill Oscar House

Cedarwood Apartments

5440 E 26th Ave

1462 W 26th Ave, Unit 19
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.

(44) West Midtown Village

The Alaskan

The Village at Calais

Diamond Willow Apartments

(39) Camlett

Strawberry Lane

Country Lane

Strawberry Village Apartments

Continental

3350 Boniface Pky
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.

Ladera Villa

Park Plaza

7618 E 4th Ave

Conifer Grove

Arbor Pointe

Ptarmigan Meadows

3310 Boniface Pky

7541 Peck Ave

Chester Creek Estates

Hampstead Heath
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.

Nicole Apartments

4611 Juneau St

The Outlook Apartments

Hillside Chalet

827 E 11th Ave

3350 Boniface Pkwy

1403 Valarian St

4333 San Ernesto Ave

5130 Taku Dr

Hillcrest Apartments
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 | $1,387 | $700 | $2,750 |
| Cheap Anchorage 1 Bedroom Apartments | $1,510 | $700 | $2,737 |
| Cheap Anchorage 2 Bedroom Apartments | $1,982 | $1,175 | $5,416 |
| Cheap Anchorage 3 Bedroom Apartments | $2,285 | $1,800 | $3,100 |
Browse Top Apartments in Anchorage
See all Apartments in AnchorageExplore Anchorage
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 $1,165.
What is the price of a cheap apartment in Anchorage?
The cheapest apartment in Anchorage is Merrill Crossing which is listed at $1,000, while the average apartment in Anchorage costs $2,421.
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 30 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 $418 which is $2,003 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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.