Cheap Studio Apartments for Rent in Anchorage, AK from $700 (30 Rentals)

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

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West Midtown Pointe
Studio Apartments

West Midtown Pointe

1425 W 27th AveAnchorage, AK 99503
  • Utilities Included
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West Midtown Gardens
Studio Apartments

West Midtown Gardens

1327 W 27th AveAnchorage, AK 99503
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Beluga Flats
Studio Apartments

Beluga Flats

13496 Old Seward HwyAnchorage, AK 99515
  • Utilities Included
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The Adelaide
Studio Apartments

The Adelaide

201 E 9th AveAnchorage, AK 99501
  • Utilities Included

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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Country Lane
Studio Apartments

Country Lane

810 E 42nd AveAnchorage, AK 99503
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Castle
Studio Apartments

Castle

915 W 27th AveAnchorage, AK 99503
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Cedarwood Apartments
Studio Apartments

Cedarwood Apartments

1336 W 23rd AveAnchorage, AK 99503
  • Utilities Included
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Arbor Pointe
Studio Apartments

Arbor Pointe

1473 W 25th AveAnchorage, AK 99503
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Conifer Grove
Studio Apartments

Conifer Grove

218 McCarrey StAnchorage, AK 99508
  • Utilities Included
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Susitna Ridge
Studio Apartments

Susitna Ridge

1601 Medfra StAnchorage, AK 99501

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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Park Plaza
Studio Apartments

Park Plaza

201 E 16th AveAnchorage, AK 99501
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Rancho Tudor
Studio Apartments

Rancho Tudor

3531 E 42nd AveAnchorage, AK 99508
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City View
Studio Apartments

City View

230 W 14th AveAnchorage, AK 99501
Corporate Housing
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Terrace on the Lake
Studio Apartments

Terrace on the Lake

2421 Bentzen CirAnchorage, AK 99517
Corporate Housing
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Century Plaza
Studio Apartments

Century Plaza

124 E 3rd AveAnchorage, AK 99501

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.

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Park Plaza II
Studio Apartments

Park Plaza II

1553 A StAnchorage, AK 99501

Anchorage, AK Local Guide

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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.

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Anchorage, AK
Population: 291,538

Ranked #68

in US Census Population by City

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Anchorage, AK Area Reviews

    Lorelie3+ years in Anchorage

    February 25, 2025

    Nice

    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 $1,250.

    What is the price of a cheap apartment in Anchorage?

    The cheapest apartment in Anchorage is Loussac Sogn which is listed at $700, while the average apartment in Anchorage costs $2,937.

    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 58 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 $211 which is $2,726 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

    decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

    Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

    Written by: Lauren Harrington

    This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

    decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

    What Does “Rent Burdened” Mean? How Much Rent Is Too Much

    Written by: Lauren Harrington

    This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

    decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

    Maximizing Your Refund: Essential Tax Tips for Renters

    Written by: Christine Leonard, Esq.

    Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

    decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

    18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

    Written by: Lauren Harrington

    Renting your next home can feel thrilling and overwhelming at the same time.