
Cheap Apartments for Rent in the North Star Neighborhood of Anchorage, AK from $600 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the North Star area of Anchorage.


Merrill Crossing

McKinley Tower Apartments

Northwind Apartments

West Midtown Pointe

Loussac Place Apartments
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.

West Midtown Place

West Midtown Village

Milepost O Apartments

Gill Oscar House

Cedarwood Apartments

Arbor Pointe
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.

The Outlook Apartments
North Star, Anchorage, AK Local Guide

How much does it cost to rent an apartment in North Star?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| North Star Studio Apartments | $1,607 | $950 | $2,125 |
| North Star 1 Bedroom Apartments | $1,794 | $600 | $3,661 |
| North Star 2 Bedroom Apartments | $3,144 | $1,475 | $6,128 |
| North Star 3 Bedroom Apartments | $1,916 | $1,800 | $2,000 |
Browse Apartments in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the North Star Neighborhood of Anchorage, AK.
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North Star, Anchorage, AK Local Guide
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Cheapest Available North Star Apartments for Rent
 The cheapest available apartment rental in the North Star area of Anchorage, AK is a Studio unit found at Arbor Pointe priced from $1,130. Northwind Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,145. Here are the most affordable North Star apartments for rent in Anchorage, AK:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Arbor Pointe | Studio | Studio,1BA | $1,130 |
| Northwind Apartments | Studio 3rd floor | Studio,1BA | $1,145 |
| The Outlook Apartments | Studio Apartment | Studio,1BA | $1,155 |
| Susitna Ridge | Studio | Studio,1BA | $1,205 |
| Chester Park Estate | 1BD/1BA- Floorplan A | 1BR,1BA | $1,225 |
Best Value Apartments for Rent in North Star, AK
As of March 11, 2026 the best value apartment in the North Star area is the $2.11 price per square foot 1024 E 12th Ave Model at 1024 E 12th Ave, Unit unit 3 in the in the Government Hill neighborhood starting from $1,685. The second greatest value North Star apartment is the Two Bedroom Model at The Alaskan starting at $1,680 with a $2.24 price per square foot in the Government Hill neighborhood. Here is today’s list of the best values for North Star apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1024 E 12th Ave, Unit unit 3 | 1024 E 12th Ave | 2BR,1BA | $2.11 |
| The Alaskan | Two Bedroom | 2BR,1BA | $2.24 |
| Nicole Apartments | Flat | 1BR,1BA | $1.74 |
| Ladera Villa | Two bedroom | 2BR,1BA | $2.17 |
| Hillside Chalet | 1 bedroom | 1BR,1BA | $1.81 |
| Taiga | One Bedroom | 1BR,1BA | $2.03 |
| Chester Park Estate | 1BD/1BA- Floorplan A | 1BR,1BA | $1.83 |
| Northwind Apartments | Studio 3rd floor | Studio ,1BA | $1.76 |
| Park Plaza | One Bedroom | 1BR,1BA | $2.01 |
| Susitna Ridge | 1 BR | 1BR,1BA | $2.41 |
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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Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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Lifestyle Ratings
This website compiles millions of data points to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, including Anchorage. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, pet-friendly features, features that make it easier to raise kids, proximity to transit, and more. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap North Star Apartments
What is a cheap apartment in North Star?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in North Star is under $1,350.
What is the price of a cheap apartment in North Star?
The cheapest apartment in North Star is Chester Park Estate which is listed at $1,225, while the average apartment in North Star costs $2,737.
What types of apartments are the cheapest in North Star?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 2 regular apartments in North Star that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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.