
Apartments for Rent in Anchorage, AK Under $1,200 (39 Rentals)


College View

Castle

Panoramic View

Total Monthly Price
North Pointe Apartments

Merrill Crossing

Loussac Sogn

3230 Boniface Pkwy

821 E 12th Ave

2301 Roosevelt Dr
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.

Diamond Willow Apartments

Strawberry Lane

Conifer Grove

Arbor Pointe

The Village at Calais

5440 E 26th Ave

Cedarwood Apartments

Gill Oscar House

Arctic Gardens

Continental
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.

Independence Park Apartments

The Alaskan

Country Lane

The Adelaide

2805 W 31st Ave

Smallwood Manor Apartments

Eureka Street Apartments

Casablanca Apartments

West Midtown Village

Northern Lights Manor
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.

Beluga Flats

West Midtown Place

Mountain View Apartments

Loussac Place Apartments

Caswell Court

West Midtown Gardens

West Midtown Pointe

Lumen Park Apartments

Creekside at Alyeska
Anchorage, AK Local Guide

How much does it cost to rent an apartment in Anchorage?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Anchorage Studio Apartments Under $1200 | $1,350 | $700 | $2,750 |
| Anchorage 1 Bedroom Apartments Under $1200 | $1,604 | $850 | $3,924 |
| Anchorage 2 Bedroom Apartments Under $1200 | $1,841 | $950 | $4,822 |
| Anchorage 3 Bedroom Apartments Under $1200 | $2,465 | $1,000 | $7,956 |
| Anchorage 4 Bedroom Apartments Under $1200 | $3,200 | $3,200 | $3,200 |
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Anchorage, AK Local Guide
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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article10 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.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Anchorage, AKPopulation: 291,538
Ranked #68
in US Census Population by City
Best Local Schools in Anchorage, AK
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Anchorage, AK Area Reviews
Lorelie • 3+ years in Anchorage
February 25, 2025Nice
Frequently Asked Questions about Anchorage
How much are Studio apartments in Anchorage?
There are currently 208 Studio Apartments in Anchorage with rent ranges from $700 to $2,750 with an average price of $1,350.
What is the current price range for One Bedroom Anchorage Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Anchorage ranges from $850 to $3,924 with an average monthly rent of $1,604.
What does renting a Two Bedroom Apartment in Anchorage cost?
The monthly rent prices of Two Bedroom Apartments currently available in Anchorage range from $950 to $4,822. Today's average rental price for Two Bedrooms here is $1,841.
How expensive are Anchorage Three Bedroom Apartments?
There are currently 101 Three Bedroom Apartments listings available in Anchorage on ApartmentHomeLiving.com. The pricing ranges from $1,000 to $7,956 - averaging $2,465 for the location.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.

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.

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.