Cheap Apartments for Rent in the O'Malley Neighborhood of Anchorage, AK from $600 (16 Rentals)

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Search the lowest-cost Apartments available for rent right now in the O'Malley area of Anchorage.

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Eagle Crest
2 Bedroom Apartments

Eagle Crest

11301 Pyramid DrAnchorage, AK 99516

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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Lumen Park Apartments
1 to 2 Bedroom Apartments

Lumen Park Apartments

2778 Lumen Park DrAnchorage, AK 99507
Senior Living
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Beluga Flats
Studio Apartments

Beluga Flats

13496 Old Seward HwyAnchorage, AK 99515
  • Utilities Included
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12641 Landmark St
2 Bedroom Apartments

12641 Landmark St

12641 Landmark StAnchorage, AK 99515
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1211 Surrey Cir
4 Bedroom Apartments

1211 Surrey Cir

1211 Surrey CirAnchorage, AK 99515

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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450-460 Dailey Ave
2 to 4 Bedroom Apartments

450-460 Dailey Ave

450-460 Dailey AveAnchorage, AK 99515
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Dimond
1 to 2 Bedroom Apartments

Dimond

1041 Lingon Berry CtAnchorage, AK 99515

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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Access Apartments
1 to 3 Bedroom Apartments

Access Apartments

9200 Independence DrAnchorage, AK 99507
  • Utilities Included

O'Malley, Anchorage, AK Local Guide

Cheapest Available O'Malley Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Martha's Vineyard1940 Martha's Vineyard Cir 22BR,1BA$1,650
ReNew Bayshore TownhomesThe Alaska2BR,1BA$2,145

Best Value Apartments for Rent in O'Malley, AK

As of June 15, 2025 the best value apartment in the O'Malley area is the $2.15 price per square foot The Alaska Model at ReNew Bayshore Townhomes in the in the Bayshore neighborhood starting from $2,145. The second greatest value O'Malley apartment is the 1940 Martha's Vineyard Cir 2 Model at Martha's Vineyard starting at $1,650 with a $2.06 price per square foot in the Abbott-Loop neighborhood. Here is today’s list of the best values for O'Malley apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
ReNew Bayshore TownhomesThe Alaska2BR,1.5BA$2.15
Martha's Vineyard1940 Martha's Vineyard Cir 22BR,1BA$2.06

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Pet Friendly Lifestyle
O'Malley, Anchorage, AK

Ranked #32

Among neighborhoods in Anchorage, AK for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.