Cheap Apartments for Rent in the Midtown Anchorage Neighborhood of Anchorage, AK from $600 (12 Rentals)

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

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Country Lane
Studio to 1 Bedroom Apartments

Country Lane

810 E 42nd AveAnchorage, AK 99503
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Continental
Studio to 2 Bedroom Apartments

Continental

3321 Eureka StAnchorage, AK 99503

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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 Northwind Apartments priced from $1,145. College View has the second lowest priced unit, which is a Studio apartment currently listed from $1,160. Here are the most affordable Midtown Anchorage apartments for rent in Anchorage, AK:

Apartment ListingModel NameBed/BathPriced From
Northwind ApartmentsStudio 3rd floorStudio,1BA$1,145
College ViewStudioStudio,1BA$1,160
The Village at Calais1x11BR,1BA$1,185
Chester Park Estate1BD/1BA- Floorplan A1BR,1BA$1,225
Continental1 BR1BR,1BA$1,285

Best Value Apartments for Rent in Midtown Anchorage, AK

As of March 12, 2026 the best value apartment in the Midtown Anchorage area is the $1.75 price per square foot 1100 W 53rd Ave Model at 1100 W 53rd Ave, Unit Level Two in the in the Sand Lake neighborhood starting from $1,750. The second greatest value Midtown Anchorage apartment is the 2 Bed Model at Stephens Park starting at $1,625 with a $1.66 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.
1100 W 53rd Ave, Unit Level Two1100 W 53rd Ave2BR,1BA$1.75
Stephens Park2 Bed2BR,1BA$1.66
Arctic Sun2x1 9002BR,1BA$1.76
1024 E 12th Ave, Unit 31024 E 12th Ave2BR,1BA$2.11
The Mallary2 Bed2BR,1BA$1.75
Foxwood CondosFoxwood2BR,2BA$2.29
Tudor Park Apartments1 bedroom bottom1BR,1BA$1.81
Chester Park Estate1BD/1BA- Floorplan A1BR,1BA$1.83
Northwind ApartmentsStudio 3rd floorStudio ,1BA$1.76
The Village at Calais1x11BR,1BA$2.15

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 $1,585.

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

The cheapest apartment in Midtown Anchorage is The Village at Calais which is listed at $1,185, while the average apartment in Midtown Anchorage costs $2,042.

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 2 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

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.

Articles, How-To's, and Tips

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.