Cheap Apartments for Rent in the Midtown Anchorage Neighborhood of Anchorage, AK from $700 (16 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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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 Loussac Sogn priced from $712. Merrill Crossing has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here are the most affordable Midtown Anchorage apartments for rent in Anchorage, AK:

Apartment ListingModel NameBed/BathPriced From
Loussac SognStudio 1Studio,1BA$712
Merrill CrossingStudioStudio,1BA$900
ContinentalStudioStudio,1BA$1,050
CastleStudio smallStudio,1BA$1,090
City ViewStudioStudio,1BA$1,180

Best Value Apartments for Rent in Midtown Anchorage, AK

As of June 12, 2026 the best value apartment in the Midtown Anchorage area is the $1.63 price per square foot 2210 Roosevelt Dr Model at 2210 Roosevelt Dr, Unit 1 in the in the Spenard neighborhood starting from $2,600. The second greatest value Midtown Anchorage apartment is the 2x1 1100a Model at Arctic Sun starting at $1,625 with a $1.48 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.
2210 Roosevelt Dr, Unit 12210 Roosevelt Dr3BR,2BA$1.63
Arctic Sun2x1 1100a2BR,1BA$1.48
Stephens Park2 Bed2BR,1BA$1.66
1101 Eagle St3 bed / 1 bath3BR,1BA$1.69
Tudor Park Apartments1 bed 2nd floor1BR,1BA$1.80
Northwind Apartments2nd Floor 1 bedroom1BR,1BA$1.70
Susitna Ridge2 BR x 1 BA2BR,1BA$2.02
Chester Park Estate1BD/1BA- Floorplan A1BR,1BA$1.83
The Village at Calais1x11BR,1BA$2.15
Merrill CrossingStudioStudio ,1BA$2.09

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 $1,300.

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 $2,087.

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 4 regular apartments in Midtown Anchorage that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Midtown Anchorage?

Cheap apartments in Midtown Anchorage have an average cost of $300 which is $1,787 cheaper than the average rent for all rentals in Midtown Anchorage.

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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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.