
Cheap Apartments for Rent in the North Star Neighborhood of Anchorage, AK from $700 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the North Star area of Anchorage.


McKinley Tower Apartments

Northwind Apartments

1046 W 26th Ave

Chester Park Estate

Merrill Crossing
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.

Central Park Apartments

West Midtown Pointe

West Midtown Village

Loussac Place Apartments

West Midtown Place

Milepost O Apartments
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.

Gill Oscar House

Cedarwood Apartments

The Outlook Apartments

Arbor Pointe

Park Plaza

Susitna Ridge
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.

City View
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 | $1,810 | $1,125 | $2,125 |
| North Star 1 Bedroom Apartments | $1,855 | $1,205 | $4,584 |
| North Star 2 Bedroom Apartments | $2,566 | $1,250 | $5,319 |
| North Star 3 Bedroom Apartments | $1,800 | $1,800 | $1,800 |
| North Star 4 Bedroom Apartments | $2,050 | $2,050 | $2,050 |
Browse Apartments in this Neighborhood
There are currently 19 rentals with your search options within a 2 mile radius of the North Star Neighborhood of Anchorage, AK.
See all Apartments in AnchorageExplore Anchorage
North Star, Anchorage, AK Local Guide
- Nearby Anchorage neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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 McKinley Tower Apartments priced from $1,050. Northwind Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,125. Here are the most affordable North Star apartments for rent in Anchorage, AK:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| McKinley Tower Apartments | Unit B Studio | Studio,1BA | $1,050 |
| Northwind Apartments | 2nd floor Studio | Studio,1BA | $1,125 |
| Arbor Pointe | Studio | Studio,1BA | $1,130 |
| Chester Park Estate | 1BD/1BA- Floorplan A | 1BR,1BA | $1,225 |
| Park Plaza | One Bedroom | 1BR,1BA | $1,230 |
Best Value Apartments for Rent in North Star, AK
As of January 24, 2026 the best value apartment in the North Star area is the $2.10 price per square foot 2x2 Model at Century Plaza in the in the Government Hill neighborhood starting from $2,095. The second greatest value North Star apartment is the Two Bedroom One Bath Model at Kings Court starting at $1,498 with a $1.66 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. |
|---|---|---|---|
| Century Plaza | 2x2 | 2BR,2BA | $2.10 |
| Kings Court | Two Bedroom One Bath | 2BR,1BA | $1.66 |
| Hillcrest Apartments | 2 bed bottom floor | 2BR,1BA | $1.54 |
| Nicole Apartments | Flat | 1BR,1BA | $1.74 |
| Taiga | One Bedroom | 1BR,1BA | $2.03 |
| Chester Park Estate | 1BD/1BA- Floorplan A | 1BR,1BA | $1.83 |
| Central Park Apartments | 1 bedroom Floor Plan C | 1BR,1BA | $1.97 |
| 1521 G St, Unit C | 1521 G St | 1BR,1BA | $2.08 |
| Northwind Apartments | 2nd floor Studio | Studio ,1BA | $1.73 |
| Park Plaza | One Bedroom | 1BR,1BA | $2.01 |
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.
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 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 $2,195.
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

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.