Cheap Homes for Rent in Anchorage, AK from $1,100 (32 Rentals)

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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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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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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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property at 3222 Muriel Pl

3222 Muriel Pl

AnchorageAK99517
Showing Results 1-32, Page 1 of 1

Anchorage, AK Local Guide

Cheapest Neighborhoods for Apartments in Anchorage, AK

Pricing Updated: 09/05/2025

Current apartment rentals in the Anchorage, AK area range in price from $700 to $3,500 with an overall median price of $2,222. The three Anchorage neighborhoods with the lowest median rent pricing are Turnagain Arm at $1,470, University Area at $1,140, and Downtown at $700. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Anchorage Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Turnagain Arm$1,470$1,4701
University Area$1,535$1,1404
Downtown$1,800$70022
Taku Campbell$1,822$1,27514
Midtown$1,835$1,11527
Mountain View$1,949$1,0256
Campbell Park$1,987$1,07529
Abbott-Loop$2,050$1,07524
Airport Heights$2,050$70049
Downtown Anchorage$2,050$700105

Cheapest Available Anchorage Apartments for Rent

 

The cheapest available apartment rental in Anchorage, AK is a Studio unit found at Loussac Sogn in the Government Hill neighborhood priced from $700. Merrill Crossing in the Government Hill neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here is today’s list of the most affordable Anchorage apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Loussac SognStudio 1Studio,1BA$700
Merrill CrossingStudioStudio,1BA$900
The AdelaideStudioStudio,1BA$917
Panoramic View1 Bed1BR,1BA$1,050
Northwind Apartments2nd floor StudioStudio,1BA$1,125
CastleStudio smallStudio,1BA$1,125
College ViewStudioStudio,1BA$1,140
Chester Park Estate1BD/1BA- Floorplan A1BR,1BA$1,225
The Mallary2 Bed2BR,1BA$1,250
Central Park Apartments1 bedroom Floor Plan C1BR,1BA$1,260

Best Value Apartments for Rent in Anchorage, AK

As of September 06, 2025 the best value apartment in the Anchorage area is the $1.28 price per square foot 8847 Lakehurst Dr Model at 8847 Lakehurst Dr, Unit 2 in the in the Sand Lake neighborhood starting from $2,500. The second greatest value Anchorage apartment is the 2B/2B Model at Mariners View starting at $2,100 with a $1.48 price per square foot in the Government Hill neighborhood. Here is today’s list of the best values for Anchorage apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
8847 Lakehurst Dr, Unit 28847 Lakehurst Dr3BR,2.5BA$1.28
Mariners View2B/2B2BR,2BA$1.48
2845 Nugget Ln, Unit Upper2845 Nugget Ln2BR,1BA$1.63
Stephens Park3 Beds3BR,2BA$1.57
429 Bliss St, Unit 2429 Bliss St2BR,1BA$1.75
Hampstead Heath2 Bed2BR,1BA$1.61
Legacy2x12BR,1BA$1.82
The Mallary2 Bed2BR,1BA$1.59
Nicole ApartmentsFlat1BR,1BA$1.74
Northwind Apartments2nd floor StudioStudio ,1BA$1.73

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Anchorage, AK
Population: 291,538

Ranked #68

in US Census Population by City

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Best Local Schools in
Anchorage, AK

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Anchorage, AK Area Reviews

    Lorelie • 3+ years in Anchorage

    February 25, 2025

    Nice

    Frequently Asked Questions about Anchorage

    What type of rentals are currently available in Anchorage?

    There are currently 617 Apartments for Rent in Anchorage, AK with pricing that ranges from $700 to $3,500. There are also 127 Single Family Homes for rent, Condos, and Townhome rentals currently available in Anchorage ranging from $1,150 to $8,500.

    What is the current price range for Rental Homes in Anchorage?

    Today's rental pricing for Homes for Rent, Condos and Townhomes in Anchorage ranges from $1,150 to $8,500 with an average monthly rent of $2,837.

    How much are larger Three and Four Bedroom Rentals in Anchorage?

    For those who are looking for larger living arrangements, Three Bedroom Apartments in Anchorage range from $1,600 to $3,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,850 to $5,880. Four Bedroom Single-Family rentals are also available starting from $2,800 and Four Bedroom Apartments start at $2,050.

    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.

    decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

    Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

    Written by: Christine Leonard, Esq.

    For many people, obstacles can arise during the rental application process for a variety of issues.

    decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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

    Written by: Christine Leonard, Esq.

    Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

    decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

    Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

    Written by: Christine Leonard, Esq.

    Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

    decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

    Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

    Written by: Cheryl Bowman

    A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.