Cheap Apartments for Rent in the Midtown Neighborhood of Anchorage, AK from $700 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Midtown area of Anchorage.
Midtown, Anchorage, AK Local Guide

How much does it cost to rent an apartment in Midtown?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Midtown Studio Apartments | $1,190 | $1,115 | $1,320 |
Midtown 1 Bedroom Apartments | $1,348 | $1,205 | $1,570 |
Midtown 2 Bedroom Apartments | $1,422 | $1,120 | $1,700 |
Midtown 3 Bedroom Apartments | $2,435 | $1,875 | $2,995 |
Browse Apartments in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Midtown Neighborhood of Anchorage, AK.
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Midtown, Anchorage, AK Local Guide
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Cheapest Available Midtown Apartments for Rent
 The cheapest available apartment rental in the Midtown area of Anchorage, AK is a Studio unit found at Castle priced from $1,115. The Mallary has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,120. Here are the most affordable Midtown apartments for rent in Anchorage, AK:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Castle | Studio X small | Studio,1BA | $1,115 |
The Mallary | 2 Bed | 2BR,1BA | $1,120 |
Nicole Apartments | Studio | Studio,1BA | $1,205 |
Best Value Apartments for Rent in Midtown, AK
As of October 11, 2025 the best value apartment in the Midtown area is the $1.57 price per square foot 3 Beds Model at Stephens Park in the in the Downtown Anchorage neighborhood starting from $1,875. The second greatest value Midtown apartment is the 2 Bed Model at The Mallary starting at $1,120 with a $1.42 price per square foot in the Downtown Anchorage neighborhood. Here is today’s list of the best values for Midtown apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Stephens Park | 3 Beds | 3BR,2BA | $1.57 |
The Mallary | 2 Bed | 2BR,1BA | $1.42 |
Nicole Apartments | Flat | 1BR,1BA | $1.74 |
301 E 46th Ave, Unit 4 | 301 E 46th Ave | 2BR,1BA | $2.41 |
Tudor Park Apartments | 1 bed Bottom | 1BR,1BA | $1.94 |
The Village at Calais | 1x1 | 1BR,1BA | $2.23 |
La Maisonnette | 1BR | 1BR,1BA | $2.69 |
Continental | 1 BR | 1BR,1BA | $2.53 |
Alpine | Studio | Studio ,1BA | $2.87 |
Castle | Studio X small | Studio ,1BA | $3.38 |
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Pet Friendly LifestyleMidtown, Anchorage, AK
Ranked #24
Among cities in Alaska for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap Midtown Apartments
What is the Cheapest Studio apartment in Midtown?
Currently the most affordable Cheap Studio Apartment in Midtown is at Castle listed at $1,115.
How much is rent for a Cheap One Bedroom Midtown Apartment?
The lowest price for a Cheap One Bedroom Midtown Apartment is $1,225 at The Village at Calais.
What is the lowest price for a Cheap Two Bedroom Midtown Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Midtown is starting from $1,120 at The Mallary.
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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.

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.