
Cheap Homes for Rent in North Star Neighborhood of Anchorage, AK from $1,600 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the North Star area of Anchorage.


1238 G St
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.

1337 Hyder St

1526 Medfra St
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.

315 E 12th Ave
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 | $2,246 | $1,650 | $3,200 |
| North Star 3 Bedroom Homes for Rent | $2,800 | $2,800 | $2,800 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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 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 |
| Chester Park Estate | 1BD/1BA- Floorplan A | 1BR,1BA | $1,225 |
Best Value Apartments for Rent in North Star, AK
As of April 15, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1009 E 9th Ave, Unit B | 1009 E 9th Ave | 2BR,1BA | $1.60 |
| 1101 Eagle St | 3 bed / 1 bath | 3BR,1BA | $1.59 |
| Kings Court | Two Bedroom One Bath | 2BR,1BA | $1.66 |
| Nicole Apartments | Flat | 1BR,1BA | $1.77 |
| Hillside Chalet | 1 bedroom | 1BR,1BA | $1.86 |
| 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 | $2.05 |
| Northwind Apartments | Studio 3rd floor | Studio ,1BA | $1.76 |
| Park Plaza | One Bedroom | 1BR,1BA | $2.05 |
Frequently Asked Questions about North Star
What type of rentals are currently available in North Star?
There are currently 186 Apartments for Rent in North Star, AK with pricing that ranges from $700 to $4,511. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in North Star ranging from $1,650 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 $1,650 to $3,200 with an average monthly rent of $2,349.
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

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.

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.