
Apartments for Rent in Anchorage, AK Under $1,600 (86 Rentals)


Arctic Gardens

Continental

Green Tree Apartments

Terrace on the Lake

College View
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.

Legacy

The Club at Eagle Point

Tudor Park Apartments

Northwind Apartments

The Greenbriar

Susitna Ridge
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.

McKinley Tower Apartments

Chester Park Estate

Merrill Crossing

2840 Telequana Dr, Unit 2840 Telequana 1

1027 Juneau St, Unit 1027
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.

4106 E Turnagain Blvd

3907 Carolina Dr

3604 Oregon Dr

3400 Eureka St

608 N Bliss St

6623 E 6th Ave

2104 Roosevelt Dr

904 E 12th Ave

3520 E 42nd Ave

1441 E 12th Ave

5200 Taku Dr

825 N Klevin St

3404 Thompson Ave

216 N Flower St

4230 Folker St

533 Price
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 $1600 | $1,287 | $700 | $2,250 |
Anchorage 1 Bedroom Apartments Under $1600 | $1,546 | $1,000 | $2,450 |
Anchorage 2 Bedroom Apartments Under $1600 | $1,798 | $1,175 | $3,230 |
Anchorage 3 Bedroom Apartments Under $1600 | $2,144 | $1,465 | $3,500 |
Anchorage 4 Bedroom Apartments Under $1600 | $2,050 | $2,050 | $2,050 |
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Anchorage, AK Local Guide
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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.
Getting Around Anchorage, AK
Walk Score®
62 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
67 / 100
Bikeable
Some bike infrastructure
Transit Score®
35 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 34 Studio Apartments in Anchorage with rent ranges from $700 to $2,250 with an average price of $1,287.
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 $1,000 to $2,450 with an average monthly rent of $1,546.
What does renting a Two Bedroom Apartment in Anchorage cost?
The monthly rent prices of Two Bedroom Apartments currently available in Anchorage range from $1,175 to $3,230. Today's average rental price for Two Bedrooms here is $1,798.
How expensive are Anchorage Three Bedroom Apartments?
There are currently 81 Three Bedroom Apartments listings available in Anchorage on ApartmentHomeLiving.com. The pricing ranges from $1,465 to $3,500 - averaging $2,144 for the location.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.