Cheap Apartments for Rent in the O'Malley Neighborhood of Anchorage, AK from $600 (29 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
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Lumen Park Apartments
1 to 2 Bedroom Apartments

Lumen Park Apartments

2778 Lumen Park DrAnchorage, AK 99507
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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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Beluga Flats
Studio to 1 Bedroom 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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9801 Grange Dr
2 Bedroom Apartments

9801 Grange Dr

9801 Grange DrAnchorage, AK 99515

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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1211 Surrey Cir
4 Bedroom Apartments

1211 Surrey Cir

1211 Surrey CirAnchorage, AK 99515
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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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9500 Lakewood Ct
Studio Apartments

9500 Lakewood Ct

9500 Lakewood CtAnchorage, AK 99507

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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1251 Balfour Dr
Studio Apartments

1251 Balfour Dr

1251 Balfour DrAnchorage, AK 99515
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Dimond
1 to 2 Bedroom Apartments

Dimond

1041 Lingon Berry CtAnchorage, 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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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

 

The cheapest available apartment rental in the O'Malley area of Anchorage, AK is a 1 Bed unit found at Chugach South priced from $1,450. Martha's Vineyard has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,750. Here are the most affordable O'Malley apartments for rent in Anchorage, AK:

Apartment ListingModel NameBed/BathPriced From
Chugach SouthAlaska Range1BR,1BA$1,450
Martha's Vineyard1931 Martha's Vineyard Cir 22BR,1BA$1,750
ReNew Bayshore TownhomesThe Alaska2BR,1BA$2,145

Best Value Apartments for Rent in O'Malley, AK

As of October 25, 2025 the best value apartment in the O'Malley area is the $1.29 price per square foot 1803 Dare Ave Model at 1803 Dare Ave, Unit 7 in the in the Old Seward Oceanview neighborhood starting from $1,650. The second greatest value O'Malley apartment is the The Alaska Model at ReNew Bayshore Townhomes starting at $2,145 with a $2.15 price per square foot in the Bayshore 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.
1803 Dare Ave, Unit 71803 Dare Ave3BR,1BA$1.29
ReNew Bayshore TownhomesThe Alaska2BR,1.5BA$2.15
Martha's Vineyard1931 Martha's Vineyard Cir 22BR,1BA$1.84
Chugach SouthAlaska Range1BR,1BA$2.42

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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Quick Rent Budget Calculator

How much rent can you afford?

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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Pet Friendly Lifestyle
O'Malley, Anchorage, AK

Ranked #23

Among cities in Alaska for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap O'Malley Apartments

What is the lowest price for a Cheap Two Bedroom O'Malley Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in O'Malley is starting from $1,750 at Martha's Vineyard.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.