Cheap Apartments for Rent in the O'Malley Neighborhood of Anchorage, AK from $600 (27 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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9801 Grange Dr
2 Bedroom Apartments

9801 Grange Dr

9801 Grange DrAnchorage, AK 99515

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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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
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9500 Lakewood Ct
Studio Apartments

9500 Lakewood Ct

9500 Lakewood CtAnchorage, AK 99507

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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1251 Balfour Dr
Studio Apartments

1251 Balfour Dr

1251 Balfour DrAnchorage, AK 99515
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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
Senior Living
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Beluga Flats
Studio to 1 Bedroom Apartments

Beluga Flats

13496 Old Seward HwyAnchorage, AK 99515
  • Utilities Included

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

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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Dimond
1 to 2 Bedroom Apartments

Dimond

1041 Lingon Berry CtAnchorage, AK 99515
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Access Apartments
1 to 3 Bedroom Apartments

Access Apartments

9200 Independence DrAnchorage, AK 99507
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Showing Results 1-27, Page 1 of 1

O'Malley, Anchorage, AK Local Guide

Cheapest Available O'Malley Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Martha's Vineyard1930 Martha's Vineyard Cir 32BR,1BA$1,650

Best Value Apartments for Rent in O'Malley, AK

As of January 27, 2026 the best value apartment in the O'Malley area is the $1.21 price per square foot 1803 Dare Ave Model at 1803 Dare Ave, Unit 7 in the in the Old Seward Oceanview neighborhood starting from $1,550. The second greatest value O'Malley apartment is the 1930 Martha's Vineyard Cir 3 Model at Martha's Vineyard starting at $1,650 with a $2.36 price per square foot in the Taku 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$1.21
Martha's Vineyard1930 Martha's Vineyard Cir 32BR,1BA$2.36

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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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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Best Local Schools in
O'Malley, Anchorage, AK

School data provided by Great Schools

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 $1,650 at Martha's Vineyard.

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

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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.

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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.