Cheap Apartments for Rent in the Midtown Anchorage Neighborhood of Anchorage, AK from $800 (10 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article
Showing Results 1-10, Page 1 of 1

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 College View priced from $1,120. Alpine has the second lowest priced unit, which is a Studio apartment currently listed from $1,265. Here are the most affordable Midtown Anchorage apartments for rent in Anchorage, AK:

Apartment ListingModel NameBed/BathPriced From
College ViewStudioStudio,1BA$1,120
AlpineStudioStudio,1BA$1,265
Hampstead Heath2 Bed2BR,1BA$1,285

Best Value Apartments for Rent in Midtown Anchorage, AK

As of June 04, 2025 the best value apartment in the Midtown Anchorage area is the $2.20 price per square foot Edinburgh with den Model at The Highlands Luxury Residences in the in the University Area neighborhood starting from $2,199. The second greatest value Midtown Anchorage apartment is the 2 Bed Model at Hampstead Heath starting at $1,285 with a $1.61 price per square foot in the University Area 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.
The Highlands Luxury ResidencesEdinburgh with den1BR,1BA$2.20
Hampstead Heath2 Bed2BR,1BA$1.61
The Mallary2 Bed2BR,1BA$1.75
Strawberry LaneTwo Bedroom One Bath (A)2BR,1BA$2.42
Terrace on the LakeBlue Winged TealStudio ,1BA$3.03
AlpineStudioStudio ,1BA$2.85
College ViewStudioStudio ,1BA$3.81

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Midtown Anchorage, Anchorage, AK

Ranked #7

Among neighborhoods in Anchorage, AK for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

decorative image of woman handing cat to small boy

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 the Cheapest Studio apartment in Midtown Anchorage?

Currently the most affordable Cheap Studio Apartment in Midtown Anchorage is at College View listed at $1,120.

How much is rent for a Cheap One Bedroom Midtown Anchorage Apartment?

The lowest price for a Cheap One Bedroom Midtown Anchorage Apartment is $1,162 at College View.

What is the lowest price for a Cheap Two Bedroom Midtown Anchorage Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Midtown Anchorage is starting from $1,285 at Hampstead Heath.

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 The Art of the Rental Viewing: What to look for during a property tour article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

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.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

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.