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

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4107 Cope St
1 Bedroom Apartments

4107 Cope St

4107 Cope StAnchorage, AK 99503

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Camelot Manor
2 Bedroom Apartments

Camelot Manor

3101 Eide StAnchorage, AK 99503
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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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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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3503 Indiana St
1 to 3 Bedroom Apartments

3503 Indiana St

3503 Indiana StAnchorage, AK 99503
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1105 W Tudor Rd
1 Bedroom Apartments

1105 W Tudor Rd

1105 W Tudor RdAnchorage, AK 99503

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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701 W 45th Ave
Studio Apartments

701 W 45th Ave

701 W 45th AveAnchorage, AK 99503
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1100 W 30th Ave
Studio Apartments

1100 W 30th Ave

1100 W 30th 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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Garfield Manor
2 Bedroom Apartments

Garfield Manor

4103-4105 Garfield StAnchorage, 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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Nicole Apartments
Studio to 1 Bedroom Apartments

Nicole Apartments

1046 W 26th AveAnchorage, AK 99503
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West Midtown Place
1 Bedroom Apartments

West Midtown Place

1023 W 26th AveAnchorage, AK 99503
  • Utilities Included

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Northern Lights Manor
1 to 2 Bedroom Apartments

Northern Lights Manor

1353 W 27th AveAnchorage, AK 99503
  • Utilities Included
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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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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 Castle priced from $1,095. (44) West Midtown Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,150. Here are the most affordable Midtown apartments for rent in Anchorage, AK:

Apartment ListingModel NameBed/BathPriced From
CastleStudio X smallStudio,1BA$1,095
(44) West Midtown Village(44) West Midtown Village - 44-31...1BR,1BA$1,150
The Village at Calais1x11BR,1BA$1,165
Continental1 BR1BR,1BA$1,250
Nicole ApartmentsFlat1BR,1BA$1,325
4611 Juneau St1/11BR,1BA$1,325
AlpineStudioStudio,1BA$1,330
Tudor Park Apartments1 bed Bottom1BR,1BA$1,375
Arctic Sun1x1 9001BR,1BA$1,430

Best Value Apartments for Rent in Midtown, AK

As of July 29, 2026 the best value apartment in the Midtown area is the $1.66 price per square foot 4000 Harrison St Model at 4000 Harrison St, Unit 2 in the in the Spenard neighborhood starting from $2,500. The second greatest value Midtown apartment is the 1x1 900 Model at Arctic Sun starting at $1,430 with a $1.59 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.
4000 Harrison St, Unit 24000 Harrison St3BR,2BA$1.66
Arctic Sun1x1 9001BR,1BA$1.59
Tudor Park Apartments1 bed Bottom1BR,1BA$1.80
Nicole ApartmentsFlat1BR,1BA$1.77
(44) West Midtown Village(44) West Midtown Village - 44-31...1BR,1BA$1.92
4611 Juneau St1/11BR,1BA$2.21
The Village at Calais1x11BR,1BA$2.12
Continental1 BR1BR,1BA$2.36
AlpineStudioStudio ,1BA$3.00
CastleStudio X smallStudio ,1BA$3.32

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick 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.

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Pet Friendly Lifestyle
Midtown, Anchorage, AK

Ranked #5

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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 $1,095.

How much is rent for a Cheap One Bedroom Midtown Apartment?

The lowest price for a Cheap One Bedroom Midtown Apartment is $1,135 at Castle.

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 $1,495 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 Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.