Cheap Apartments for Rent in the Midtown Neighborhood of Anchorage, AK from $700 (10 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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West Midtown Pointe
Studio Apartments

West Midtown Pointe

1425 W 27th AveAnchorage, AK 99503
  • Utilities Included
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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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West Midtown Village
Studio to 1 Bedroom Apartments

West Midtown Village

1414 W 26th AveAnchorage, AK 99503
  • Utilities Included

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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Country Lane
Studio to 1 Bedroom Apartments

Country Lane

810 E 42nd AveAnchorage, 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

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

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 Mallary1 Bed1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Arctic Sun2x1 1100a2BR,1BA$1.49
Tudor Park Apartments1 bed 3rd floor1BR,1BA$1.76
Nicole ApartmentsFlat1BR,1BA$1.74
Central Park Apartments1 bedroom Floor Plan C1BR,1BA$1.97
The Mallary1 Bed1BR,1BA$1.98
The Village at Calais1x11BR,1BA$2.15
La Maisonnette1BR1BR,1BA$2.69
Continental1 BR1BR,1BA$2.43
AlpineStudioStudio ,1BA$2.89
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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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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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 #20

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

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

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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.

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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.

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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.