
Cheap Apartments for Rent in Anchorage, AK from $600 (113 Rentals) Page 2 of 3
Search the lowest-cost Apartments available for rent right now in Anchorage.


Northern Lights Manor

Beluga Flats

West Midtown Village

Smallwood Manor Apartments

Casablanca Apartments

Eureka Street Apartments

The Adelaide

2805 W 31st Ave

The Alaskan
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.

Continental

Independence Park Apartments

Arctic Gardens

Gill Oscar House

Cedarwood Apartments

5440 E 26th Ave

Arbor Pointe

The Village at Calais

Park Plaza

138 N Klevin St
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.

Conifer Grove

Strawberry Lane

Diamond Willow Apartments

10260 Jamestown Dr

5205 E 26th Ave, Unit 4

The Outlook Apartments

Strawberry Village Apartments

3350 Boniface Pkwy

Ladera Villa

Nicole Apartments

Hampstead Heath Apartments

2020 W 36th Ave

Ptarmigan Meadows

Chester Creek Estates

4611 Juneau St

Hillside Chalet

Taiga

Hillcrest Apartments

Deer Park

827 E 11th Ave

Quiet Creek

Century Plaza

4620 Reka Dr

7726 Duben Ave

211 McCarrey St

9625 Independence Dr

1515 Nelchina St

3061 Lois Dr

Kings Court

La Maisonnette
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 | $1,336 | $712 | $2,750 |
| Cheap Anchorage 1 Bedroom Apartments | $1,614 | $1,050 | $3,925 |
| Cheap Anchorage 2 Bedroom Apartments | $1,967 | $1,250 | $4,946 |
| Cheap Anchorage 3 Bedroom Apartments | $2,513 | $850 | $7,699 |
| Cheap Anchorage 4 Bedroom Apartments | $2,795 | $2,795 | $2,795 |
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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 $2,607.
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 44 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 $312 which is $2,295 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

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.