Cheap Apartments for Rent in the Midtown Anchorage Neighborhood of Anchorage, AK from $700 (24 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Midtown Anchorage area of Anchorage.

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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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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Continental
Studio to 2 Bedroom Apartments

Continental

3321 Eureka StAnchorage, AK 99503

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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Arctic Sun
1 to 2 Bedroom Apartments

Arctic Sun

625 W 46th AveAnchorage, AK 99503
  • Utilities Included
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Midtown Anchorage, Anchorage, AK Local Guide

Cheapest Available Midtown Anchorage Apartments for Rent

 

The cheapest available apartment rental in the Midtown Anchorage area of Anchorage, AK is a Studio unit found at Loussac Sogn priced from $700. Creekside Manor has the second lowest priced unit, which is a Studio apartment currently listed from $1,100. Here are the most affordable Midtown Anchorage apartments for rent in Anchorage, AK:

Apartment ListingModel NameBed/BathPriced From
Loussac SognStudio 1Studio,1BA$700
Creekside ManorStudioStudio,1BA$1,100
CastleStudio X smallStudio,1BA$1,115
Northwind Apartments2nd floor StudioStudio,1BA$1,125
Merrill Crossing2 Beds2BR,1BA$1,175

Best Value Apartments for Rent in Midtown Anchorage, AK

As of October 05, 2025 the best value apartment in the Midtown Anchorage area is the $1.38 price per square foot CS - 2 Bedroom Model at Creekside Terrace in the in the Downtown Anchorage neighborhood starting from $1,695. The second greatest value Midtown Anchorage apartment is the 3 Beds Model at Stephens Park starting at $1,875 with a $1.57 price per square foot in the Downtown Anchorage neighborhood. Here is today’s list of the best values for Midtown Anchorage apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Creekside TerraceCS - 2 Bedroom2BR,1BA$1.38
Stephens Park3 Beds3BR,2BA$1.57
928 E 10th Ave, Unit #4928 E 10th Ave3BR,2BA$1.70
Hampstead Heath2 Bed2BR,1BA$1.61
The Mallary2 Bed2BR,1BA$1.59
Tudor Park Apartments1 bed 2nd floor1BR,1BA$1.73
TaigaOne Bedroom1BR,1BA$2.03
Merrill Crossing2 Beds2BR,1BA$1.74
Chester Park Estate1BD/1BA- Floorplan A1BR,1BA$1.83
Northwind Apartments2nd floor StudioStudio ,1BA$1.73

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Midtown Anchorage, Anchorage, AK

Ranked #41

Among cities in Alaska for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the Midtown Anchorage Neighborhood in Anchorage, AK

Walk Score®

70 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

77 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

37 / 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.

Frequently Asked Questions about Cheap Midtown Anchorage Apartments

What is a cheap apartment in Midtown Anchorage?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Midtown Anchorage is under $1,275.

What is the price of a cheap apartment in Midtown Anchorage?

The cheapest apartment in Midtown Anchorage is Chester Park Estate which is listed at $1,225, while the average apartment in Midtown Anchorage costs $2,050.

What types of apartments are the cheapest in Midtown 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 6 regular apartments in Midtown Anchorage that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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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.

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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.