
Cheap Homes for Rent in the North Star Neighborhood of Anchorage, AK from $1,500 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the North Star area of Anchorage.


618 Gambell St, Unit 32

618 Gambell St, Unit 31

516 E 10th Ave
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.

1208 Denali St, Unit 4

523 E 12th Ave, Unit Studio

523 E 12th Ave

1219 W 6th Ave
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.
North Star, Anchorage, AK Local Guide

How much does it cost to rent a home in North Star?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| North Star 2 Bedroom Homes for Rent | $2,535 | $1,525 | $3,200 |
| North Star 3 Bedroom Homes for Rent | $2,666 | $2,400 | $3,000 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the North Star Neighborhood of Anchorage, AK.
Explore Anchorage
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 Merrill Crossing priced from $950. The Adelaide has the second lowest priced unit, which is a Studio apartment currently listed from $1,062. Here are the most affordable North Star apartments for rent in Anchorage, AK:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Merrill Crossing | Studio | Studio,1BA | $950 |
| The Adelaide | Studio | Studio,1BA | $1,062 |
| Chester Park Estate | 1BD/1BA- Floorplan A | 1BR,1BA | $1,225 |
Best Value Apartments for Rent in North Star, AK
As of July 15, 2026 the best value apartment in the North Star area is the $1.55 price per square foot 2B/2B Model at Mariners View in the in the Government Hill neighborhood starting from $2,200. The second greatest value North Star apartment is the 726 O Pl Model at 726 O Pl, Unit 104 starting at $2,600 with a $1.88 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. |
|---|---|---|---|
| Mariners View | 2B/2B | 2BR,2BA | $1.55 |
| 726 O Pl, Unit 104 | 726 O Pl | 2BR,2BA | $1.88 |
| 1101 Eagle St | 3 bed / 1 bath | 3BR,1BA | $1.69 |
| 1515 Nelchina St | 2 Beds, 1 Baths | 2BR,1BA | $1.67 |
| 827 E 11th Ave | 2 Beds, 1 Baths | 2BR,1BA | $1.50 |
| Kings Court | Two Bedroom One Bath | 2BR,1BA | $1.67 |
| Nicole Apartments | Flat | 1BR,1BA | $1.70 |
| Taiga | One Bedroom | 1BR,1BA | $1.96 |
| Susitna Ridge | 2 BR x 1 BA | 2BR,1BA | $1.99 |
| Chester Park Estate | 1BD/1BA- Floorplan A | 1BR,1BA | $1.83 |
Frequently Asked Questions about North Star
What type of rentals are currently available in North Star?
There are currently 181 Apartments for Rent in North Star, AK with pricing that ranges from $700 to $5,647. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in North Star ranging from $1,525 to $3,200.
What is the current price range for Rental Homes in North Star?
Today's rental pricing for Homes for Rent, Condos and Townhomes in North Star ranges from $1,525 to $3,200 with an average monthly rent of $2,225.
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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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.