
Cheap Apartments for Rent in the Midtown Neighborhood of Anchorage, AK from $700 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Midtown area of Anchorage.


West Midtown Gardens

West Midtown Place

Northern Lights Manor

West Midtown Village
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.

Eureka Street Apartments

Smallwood Manor Apartments

Country Lane

Cedarwood Apartments

Castle
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.
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 | $1,301 | $1,285 | $1,320 |
| Midtown 1 Bedroom Apartments | $1,361 | $1,175 | $1,680 |
| Midtown 2 Bedroom Apartments | $1,507 | $1,300 | $1,850 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Midtown Neighborhood of Anchorage, AK.
See all Apartments in AnchorageExplore Anchorage
Midtown, Anchorage, AK Local Guide
- Nearby Anchorage neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Midtown Apartments for Rent
 The cheapest available apartment rental in the Midtown area of Anchorage, AK is a Studio unit found at Country Lane priced from $1,025. Castle has the second lowest priced unit, which is a Studio apartment currently listed from $1,100. Here are the most affordable Midtown apartments for rent in Anchorage, AK:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Country Lane | Studio | Studio,1BA | $1,025 |
| Castle | Studio X small | Studio,1BA | $1,100 |
| The Mallary | 1 Bed | 1BR,1BA | $1,175 |
Best Value Apartments for Rent in Midtown, AK
As of January 29, 2026 the best value apartment in the Midtown area is the $1.49 price per square foot 2x1 1100a Model at Arctic Sun in the in the Downtown Anchorage neighborhood starting from $1,640. The second greatest value Midtown apartment is the 1 bed 3rd floor Model at Tudor Park Apartments starting at $1,345 with a $1.76 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. |
|---|---|---|---|
| Arctic Sun | 2x1 1100a | 2BR,1BA | $1.49 |
| Tudor Park Apartments | 1 bed 3rd floor | 1BR,1BA | $1.76 |
| Nicole Apartments | Flat | 1BR,1BA | $1.74 |
| Central Park Apartments | 1 bedroom Floor Plan C | 1BR,1BA | $1.97 |
| The Mallary | 1 Bed | 1BR,1BA | $1.98 |
| The Village at Calais | 1x1 | 1BR,1BA | $2.15 |
| La Maisonnette | 1BR | 1BR,1BA | $2.69 |
| Continental | 1 BR | 1BR,1BA | $2.43 |
| Alpine | Studio | Studio ,1BA | $2.89 |
| Country Lane | Studio | Studio ,1BA | $2.93 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick 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.
Pet Friendly LifestyleMidtown, Anchorage, AK
Ranked #20
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
How much is rent for a Cheap One Bedroom Midtown Apartment?
The lowest price for a Cheap One Bedroom Midtown Apartment is $1,175 at The Mallary.
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 $1,365 at Castle.
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

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.