Cheap Apartments for Rent in the North Star Neighborhood of Anchorage, AK from $700 (46 Rentals)

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

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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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

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 Village
Studio to 1 Bedroom Apartments

West Midtown Village

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

The Adelaide

201 E 9th AveAnchorage, AK 99501
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Gill Oscar House
1 Bedroom Apartments

Gill Oscar House

1344 W 10th AveAnchorage, AK 99501
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Cedarwood Apartments
Studio to 1 Bedroom Apartments

Cedarwood Apartments

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

Arbor Pointe

1473 W 25th AveAnchorage, AK 99503
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Susitna Ridge
Studio to 2 Bedroom Apartments

Susitna Ridge

1601 Medfra StAnchorage, AK 99501
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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

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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City View
Studio to 2 Bedroom Apartments

City View

230 W 14th AveAnchorage, AK 99501
Corporate Housing
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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
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Century Plaza
Studio to 2 Bedroom Apartments

Century Plaza

124 E 3rd AveAnchorage, 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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Taiga
1 to 3 Bedroom Apartments

Taiga

423 W 22nd AveAnchorage, AK 99503

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.

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Horizon West
1 to 2 Bedroom Apartments

Horizon West

540 L StAnchorage, 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
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Downtown Classics
2 Bedroom Apartments

Downtown Classics

1111 Barrow StAnchorage, AK 99501
Furnished
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Park Plaza II
Studio to 2 Bedroom Apartments

Park Plaza II

1553 A StAnchorage, AK 99501
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The Alaskan
Studio to 2 Bedroom Apartments

The Alaskan

102-110 E 11th AveAnchorage, AK 99501
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Mariners View
2 Bedroom Apartments

Mariners View

726 O PlAnchorage, AK 99501
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-46, Page 1 of 1

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 $700. 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$700
Merrill CrossingStudioStudio,1BA$900
The AdelaideStudioStudio,1BA$1,011
Northwind Apartments2nd Floor 1 bedroom1BR,1BA$1,250
Park PlazaOne Bedroom1BR,1BA$1,255
City ViewStudioStudio,1BA$1,270
Susitna Ridge1 BR1BR,1BA$1,275
Nicole ApartmentsFlat1BR,1BA$1,327
Central Park Apartments1 bedroom Floor Plan C1BR,1BA$1,330
Hillside Chalet1 bedroom1BR,1BA$1,340

Best Value Apartments for Rent in North Star, AK

As of April 25, 2026 the best value apartment in the North Star area is the $1.60 price per square foot 1009 E 9th Ave Model at 1009 E 9th Ave, Unit B in the in the Government Hill neighborhood starting from $1,600. The second greatest value North Star apartment is the 3 bed / 1 bath Model at 1101 Eagle St starting at $1,550 with a $1.59 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.
1009 E 9th Ave, Unit B1009 E 9th Ave2BR,1BA$1.60
1101 Eagle St3 bed / 1 bath3BR,1BA$1.59
Kings CourtOne Bedroom One Bath1BR,1BA$1.55
Chester Park Estate2BD/1BA- Floorplan B2BR,1BA$1.74
Northwind Apartments2nd Floor 1 bedroom1BR,1BA$1.63
Nicole ApartmentsFlat1BR,1BA$1.77
Hillside Chalet1 bedroom1BR,1BA$1.86
TaigaOne Bedroom1BR,1BA$2.03
Central Park Apartments1 bedroom Floor Plan C1BR,1BA$2.05
Park PlazaOne Bedroom1BR,1BA$2.05

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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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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 $1,340.

What is the price of a cheap apartment in North Star?

The cheapest apartment in North Star is Northwind Apartments which is listed at $1,250, while the average apartment in North Star costs $2,507.

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.

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 Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

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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.