
Cheap Apartments for Rent in Anchorage, AK from $700 (154 Rentals) Page 2 of 4
Search the lowest-cost Apartments available for rent right now in Anchorage.


Block 96

1208 Denali St

Town Square Manor Apartments

Creekside Terrace

Total Monthly Price
3111 W 30th Ave, Unit 2

2602 Eide St

Lumen Park Apartments

West Midtown Pointe

Loussac Place 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.

Caswell Court

Mountain View Apartments

West Midtown Place

Northern Lights Manor

Beluga Flats

(45) West Midtown Gardens

Milepost O Apartments

Smallwood Manor Apartments

Casablanca Apartments

Eureka Street Apartments
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.

601 N Klevin St

1335 Hyder Street

2805 W 31st Ave

Independence Park Apartments

The Adelaide

Arctic Gardens

Gill Oscar House

Cedarwood Apartments

The Alaskan

1462 W 26th Ave, Unit 19
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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.

1425 W 40th Ave.

5440 E 26th Ave

Castle Apartment Homes

Arbor Pointe

(44) West Midtown Village

225 N Park Street - CDY

Diamond Willow Apartments

Strawberry Lane

3230 Boniface Pkwy

Country Lane
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.

The Village at Calais

(39) Camlett

Continental

Park Plaza

Conifer Grove

Chester Creek Estates

Hampstead Heath

4611 Juneau St

Nicole Apartments

Strawberry Village 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 | $1,383 | $700 | $2,175 |
| Cheap Anchorage 1 Bedroom Apartments | $1,534 | $700 | $2,600 |
| Cheap Anchorage 2 Bedroom Apartments | $1,915 | $1,045 | $5,416 |
| Cheap Anchorage 3 Bedroom Apartments | $2,291 | $1,595 | $3,000 |
Browse Top Apartments in Anchorage
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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 $1,150.
What is the price of a cheap apartment in Anchorage?
The cheapest apartment in Anchorage is North Pointe Apartments which is listed at $1,050, while the average apartment in Anchorage costs $1,617.
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 42 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 $284 which is $1,333 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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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.

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.