Cheap Apartments for Rent in the Midtown Neighborhood of Anchorage, AK from $700 (35 Rentals)

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

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Camelot Manor
2 Bedroom Apartments

Camelot Manor

3101 Eide StAnchorage, AK 99503
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4107 Cope St
1 Bedroom Apartments

4107 Cope St

4107 Cope StAnchorage, AK 99503

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.

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5304 Cope St
4 Bedroom Apartments

5304 Cope St

5304 Cope StAnchorage, AK 99518
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611 W 47th Ave
2 Bedroom Apartments

611 W 47th Ave

611 W 47th AveAnchorage, AK 99503
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3503 Indiana St
1 to 3 Bedroom Apartments

3503 Indiana St

3503 Indiana StAnchorage, AK 99503
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1403 W 32nd Ave
1 Bedroom Apartments

1403 W 32nd Ave

1403 W 32nd AveAnchorage, AK 99503
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300 W Fireweed Ln
2 Bedroom Apartments

300 W Fireweed Ln

300 W Fireweed LnAnchorage, AK 99503
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1105 W Tudor Rd
1 Bedroom Apartments

1105 W Tudor Rd

1105 W Tudor RdAnchorage, AK 99503
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1100 W 30th Ave
Studio Apartments

1100 W 30th Ave

1100 W 30th AveAnchorage, AK 99503

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.

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Garfield Manor
2 Bedroom Apartments

Garfield Manor

4103-4105 Garfield StAnchorage, AK 99503
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701 W 45th Ave
Studio Apartments

701 W 45th Ave

701 W 45th AveAnchorage, AK 99503
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808 W 29th Pl
1 to 3 Bedroom Apartments

808 W 29th Pl

808 W 29th PlAnchorage, AK 99503
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Cedarwood Apartments
Studio to 1 Bedroom Apartments

Cedarwood Apartments

1336 W 23rd AveAnchorage, AK 99503
  • Utilities Included
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Castle
Studio to 2 Bedroom Apartments

Castle

915 W 27th AveAnchorage, AK 99503
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Nicole Apartments
Studio to 1 Bedroom Apartments

Nicole Apartments

1046 W 26th AveAnchorage, AK 99503
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West Midtown Village
Studio to 1 Bedroom Apartments

West Midtown Village

1414 W 26th AveAnchorage, AK 99503
  • Utilities Included

Cash 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.

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West Midtown Gardens
Studio to 1 Bedroom Apartments

West Midtown Gardens

1327 W 27th AveAnchorage, AK 99503
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West Midtown Place
1 Bedroom Apartments

West Midtown Place

1023 W 26th AveAnchorage, AK 99503
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Northern Lights Manor
1 to 2 Bedroom Apartments

Northern Lights Manor

1353 W 27th AveAnchorage, AK 99503
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Continental
Studio to 2 Bedroom Apartments

Continental

3321 Eureka StAnchorage, AK 99503
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3600 Spenard Rd
1 Bedroom Apartments

3600 Spenard Rd

3600 Spenard RdAnchorage, AK 99503
  • Utilities Included
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West Midtown Pointe
Studio Apartments

West Midtown Pointe

1425 W 27th AveAnchorage, AK 99503
  • Utilities Included

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.

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Buscemi Apartments
Studio to 1 Bedroom Apartments

Buscemi Apartments

1400 W 25th AveAnchorage, AK 99503
  • Utilities Included
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5308 Arctic Blvd
1 to 2 Bedroom Apartments

5308 Arctic Blvd

5308 Arctic BlvdAnchorage, AK 99518
  • Utilities Included

Midtown, Anchorage, AK Local Guide

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 ListingModel NameBed/BathPriced From
Country LaneStudioStudio,1BA$1,025
CastleStudio X smallStudio,1BA$1,100
The Village at Calais1x11BR,1BA$1,185
Continental1 BR1BR,1BA$1,295
The Mallary2 Bed2BR,1BA$1,375
AlpineOne Bedroom1BR,1BA$1,380
Tudor Park Apartments2bedroom Bottom Floor2BR,1BA$1,425
La Maisonnette1BR1BR,1BA$1,450
Arctic Sun2x1 9002BR,1BA$1,570

Best Value Apartments for Rent in Midtown, AK

As of December 15, 2025 the best value apartment in the Midtown area is the $2.05 price per square foot 1493 W 40th Ave Model at 1493 W 40th Ave, Unit #1493 in the in the Spenard neighborhood starting from $2,750. The second greatest value Midtown apartment is the 2x1 900 Model at Arctic Sun starting at $1,570 with a $1.74 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1493 W 40th Ave, Unit #14931493 W 40th Ave3BR,2BA$2.05
Arctic Sun2x1 9002BR,1BA$1.74
Tudor Park Apartments2bedroom Bottom Floor2BR,1BA$1.63
The Mallary2 Bed2BR,1BA$1.75
AlpineOne Bedroom1BR,1BA$1.77
1030 W 26th Ave, Unit 11030 W 26th Ave2BR,1BA$2.40
The Village at Calais1x11BR,1BA$2.15
La Maisonnette1BR1BR,1BA$2.69
Continental1 BR1BR,1BA$2.45
Country LaneStudioStudio ,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.

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The 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.

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Pet Friendly Lifestyle
Midtown, Anchorage, AK

Ranked #21

Among cities in Alaska for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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 $1,185 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 $1,365 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

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.