Cheap Apartments for Rent in the North Star Neighborhood of Anchorage, AK from $700 (52 Rentals)

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

property at 1441 E 12th Ave

$1,395 - $1,595

1 To 2 Bedroom Rentals

Available Jun 10

1441 E 12th Ave

AnchorageAK99501

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.

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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West Midtown Pointe
Studio Apartments

West Midtown Pointe

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

West Midtown Place

1023 W 26th AveAnchorage, AK 99503
  • Utilities Included
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West Midtown Village
Studio to 1 Bedroom Apartments

West Midtown Village

1414 W 26th AveAnchorage, AK 99503
  • Utilities Included
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The Adelaide
Studio to 1 Bedroom Apartments

The Adelaide

201 E 9th AveAnchorage, AK 99501
  • Utilities Included
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The Alaskan
Studio to 2 Bedroom Apartments

The Alaskan

102-110 E 11th AveAnchorage, AK 99501
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Gill Oscar House
1 Bedroom Apartments

Gill Oscar House

1344 W 10th AveAnchorage, AK 99501

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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Cedarwood Apartments
Studio to 1 Bedroom Apartments

Cedarwood Apartments

1336 W 23rd AveAnchorage, AK 99503
  • Utilities Included
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Arbor Pointe
Studio to 1 Bedroom Apartments

Arbor Pointe

1473 W 25th AveAnchorage, AK 99503
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The Outlook Apartments
Studio to 2 Bedroom Apartments

The Outlook Apartments

234 E 15th AveAnchorage, AK 99501
Corporate Housing
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Park Plaza
Studio to 2 Bedroom Apartments

Park Plaza

201 E 16th AveAnchorage, AK 99501
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Ladera Villa
Studio to 3 Bedroom Apartments

Ladera Villa

2225 Arctic BlvdAnchorage, 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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Hillside Chalet
1 to 2 Bedroom Apartments

Hillside Chalet

631 E 22nd AveAnchorage, AK 99503
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Hillcrest Apartments
2 Bedroom Apartments

Hillcrest Apartments

515 E 12th AveAnchorage, AK 99501
  • Utilities Included
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Taiga
1 to 3 Bedroom Apartments

Taiga

423 W 22nd 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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827 E 11th Ave
2 Bedroom Apartments

827 E 11th Ave

827 E 11th AveAnchorage, AK 99501
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Century Plaza
Studio to 2 Bedroom Apartments

Century Plaza

124 E 3rd AveAnchorage, AK 99501
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1515 Nelchina St
1 to 2 Bedroom Apartments

1515 Nelchina St

1515 Nelchina StAnchorage, AK 99501
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Kings Court
1 to 2 Bedroom Apartments

Kings Court

303 E 15th AveAnchorage, AK 99501
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La Maisonnette
1 to 2 Bedroom Apartments

La Maisonnette

1340-1402 W 26th AveAnchorage, AK 99503
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505 W 2nd Ave
1 Bedroom Apartments

505 W 2nd Ave

505 W 2nd AveAnchorage, AK 99501
Corporate Housing
  • Smoke Free
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Downtown Classics
2 Bedroom Apartments

Downtown Classics

1111 Barrow StAnchorage, AK 99501
Furnished
  • Utilities Included
  • Smoke Free
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Park Plaza II
Studio to 2 Bedroom Apartments

Park Plaza II

1553 A StAnchorage, AK 99501
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Mariners View
2 Bedroom Apartments

Mariners View

726 O PlAnchorage, AK 99501
  • 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.

North Star, Anchorage, AK Local Guide

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 Loussac Sogn priced from $712. Merrill Crossing has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here are the most affordable North Star apartments for rent in Anchorage, AK:

Apartment ListingModel NameBed/BathPriced From
Loussac SognStudio 1Studio,1BA$712
Merrill CrossingStudioStudio,1BA$900
The AdelaideStudioStudio,1BA$917
Arbor PointeStudioStudio,1BA$1,130
The Outlook ApartmentsStudio ApartmentStudio,1BA$1,210
Park PlazaStudioStudio,1BA$1,220
Chester Park Estate1BD/1BA- Floorplan A1BR,1BA$1,225
Northwind Apartments2nd Floor 1 bedroom1BR,1BA$1,300
Ladera VillaOne bedroom1BR,1BA$1,305
TaigaOne Bedroom1BR,1BA$1,350

Best Value Apartments for Rent in North Star, AK

As of June 09, 2026 the best value apartment in the North Star area is the $1.41 price per square foot 2B/2B Model at Mariners View in the in the Government Hill neighborhood starting from $2,000. The second greatest value North Star apartment is the 3 bed / 1 bath Model at 1101 Eagle St starting at $1,650 with a $1.69 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Mariners View2B/2B2BR,2BA$1.41
1101 Eagle St3 bed / 1 bath3BR,1BA$1.69
1515 Nelchina St2 Beds, 1 Baths2BR,1BA$1.67
827 E 11th Ave2 Beds, 1 Baths2BR,1BA$1.56
Kings CourtTwo Bedroom One Bath2BR,1BA$1.67
Northwind Apartments2nd Floor 1 bedroom1BR,1BA$1.70
TaigaOne Bedroom1BR,1BA$1.96
Susitna Ridge2 BR x 1 BA2BR,1BA$2.02
Chester Park Estate1BD/1BA- Floorplan A1BR,1BA$1.83
Merrill CrossingStudioStudio ,1BA$2.09

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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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 $1,800.

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 4 regular apartments in North Star that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in North Star?

Cheap apartments in North Star have an average cost of $351 which is $1,449 cheaper than the average rent for all rentals in North Star.

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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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.