10040 Gebhart Dr
AnchorageAK99515
Cheap Homes for Rent in Anchorage, AK from $800 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Anchorage.
8480 Jewel Lake Rd
AnchorageAK99502
8831 Cordell Cir
AnchorageAK99502
350 Flower St
AnchorageAK99508
3105 Lakeshore Dr, Unit B223
3105 Lakeshore Dr
AnchorageAK99517
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.
710 Dogwood St
AnchorageAK99501
7726 Duben Ave
AnchorageAK99504
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.
501 Irwin St
AnchorageAK99508
3925 E 9th Ave
AnchorageAK99508
3310 Boniface Pky
AnchorageAK99504
1605 Sitka St
AnchorageAK99501
8327 Jewel Lake Rd
AnchorageAK99502
3011 Lois Dr, Unit 109
3011 Lois Dr
AnchorageAK99517
9645 Independence Dr, Unit 302
9645 Independence Dr
AnchorageAK99507
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.
3031 Lois Dr
AnchorageAK99517
3401 W 88th Ave
AnchorageAK99502
Showing Results 1-16, Page 1 of 1
Anchorage, AK Local Guide
How much does it cost to rent a home in Anchorage?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Anchorage 2 Bedroom Homes for Rent | $2,044 | $1,200 | $3,400 |
| Anchorage 3 Bedroom Homes for Rent | $2,565 | $1,400 | $4,200 |
| Anchorage 4 Bedroom Homes for Rent | $3,406 | $2,700 | $3,800 |
| Anchorage 5 Bedroom Homes for Rent | $4,000 | $4,000 | $4,000 |
Browse Top Homes for Rent in Anchorage
Explore Anchorage
Anchorage, AK Local Guide
- Anchorage Neighborhoods
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Cheapest Neighborhoods for Apartments in Anchorage, AK
Pricing Updated: 06/05/2025Current apartment rentals in the Anchorage, AK area range in price from $700 to $4,500 with an overall median price of $2,185. The three Anchorage neighborhoods with the lowest median rent pricing are Midtown Anchorage at $1,120, Taku at $1,075, and Taku Campbell at $1,075. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Anchorage Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Midtown Anchorage | $1,645 | $1,120 | 22 |
| Taku | $1,695 | $1,075 | 22 |
| Taku Campbell | $1,695 | $1,075 | 22 |
| Campbell Park | $1,825 | $1,075 | 31 |
| Turnagain South Columbia Park | $1,850 | $1,495 | 1 |
| Abbott-Loop | $1,895 | $1,075 | 25 |
| O'Malley | $1,897 | $1,650 | 3 |
| Bayshore | $1,900 | $1,750 | 1 |
| Northeast Anchorage | $1,949 | $1,120 | 35 |
| Scenic Foothills | $1,949 | $1,120 | 35 |
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. College View in the University Area neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,120. Here is today’s list of the most affordable Anchorage apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Loussac Sogn | Studio 1 | Studio,1BA | $700 |
| College View | Studio | Studio,1BA | $1,120 |
| Castle | Studio small | Studio,1BA | $1,125 |
| Merrill Crossing | 2 Beds | 2BR,1BA | $1,175 |
| Kings Court | One Bedroom One Bath | 1BR,1BA | $1,190 |
Best Value Apartments for Rent in Anchorage, AK
As of June 05, 2025 the best value apartment in the Anchorage area is the $1.86 price per square foot 3x2 Model at Brighton Park in the in the Downtown Anchorage neighborhood starting from $1,949. The second greatest value Anchorage apartment is the 2 bedroom singlewide Model at Four Seasons starting at $1,999 with a $1.95 price per square foot in the University Area neighborhood. Here is today’s list of the best values for Anchorage apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Brighton Park | 3x2 | 3BR,2BA | $1.86 |
| Four Seasons | 2 bedroom singlewide | 2BR,2BA | $1.95 |
| 5657 Gate Keeper Ave, Unit Duplex | 5657 Gate Keeper Ave | 2BR,1BA | $1.95 |
| Hampstead Heath | 2 Bed | 2BR,1BA | $1.61 |
| The Mallary | 2 Bed | 2BR,1BA | $1.75 |
| Nicole Apartments | Flat | 1BR,1BA | $1.74 |
| Kings Court | One Bedroom One Bath | 1BR,1BA | $1.70 |
| McKinley Tower Apartments | NE Corner - high floor! | 1BR,1BA | $1.92 |
| Merrill Crossing | 2 Beds | 2BR,1BA | $1.74 |
| Chester Park Estate | 1BD/1BA- Floorplan A | 1BR,1BA | $1.83 |
Quick Rent Budget Calculator
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Anchorage, AK Area Reviews
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Lorelie • 3+ years in Anchorage
February 25, 2025Nice
Frequently Asked Questions about Anchorage
What type of rentals are currently available in Anchorage?
There are currently 609 Apartments for Rent in Anchorage, AK with pricing that ranges from $700 to $4,500. There are also 69 Single Family Homes for rent, Condos, and Townhome rentals currently available in Anchorage ranging from $800 to $4,200.
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 $800 to $4,200 with an average monthly rent of $2,715.
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 $1,500 to $4,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $4,200. Four Bedroom Single-Family rentals are also available starting from $2,700 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.
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.