
Cheap Apartments for Rent in the Sand Lake Neighborhood of Anchorage, AK from $1,200 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Sand Lake area of Anchorage.


The Residences at Northwood LLC

Strawberry Lane

8851 Cordell Cir

3901 W 86th Ave
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

8540 Golden St

7327 Woburn Cir

9150 Dewberry St

7321 Woburn Cir

7410 Woburn Cir
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Strawberry Lane

Campbell View Apartments

Strawberry Village Apartments

C&J Apartments

Jewel Lake Villa
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Salamatof Apartments
Sand Lake, Anchorage, AK Local Guide

How much does it cost to rent an apartment in Sand Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Sand Lake Studio Apartments | $1,370 | $1,360 | $1,380 |
| Sand Lake 1 Bedroom Apartments | $2,274 | $2,125 | $2,500 |
| Sand Lake 2 Bedroom Apartments | $2,069 | $1,500 | $2,700 |
| Sand Lake 3 Bedroom Apartments | $2,441 | $2,000 | $2,900 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Sand Lake Neighborhood of Anchorage, AK.
See all Apartments in AnchorageExplore Anchorage
Cheapest Available Sand Lake Apartments for Rent
 The cheapest available apartment rental in the Sand Lake area of Anchorage, AK is a Studio unit found at Terrace on the Lake priced from $1,360. Montclair has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,635. Here are the most affordable Sand Lake apartments for rent in Anchorage, AK:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Terrace on the Lake | Blue Winged Teal | Studio,1BA | $1,360 |
| Montclair | Small Two bedroom one bath | 2BR,1BA | $1,635 |
| Strawberry Lane | Two Bedroom One Bath (A) | 2BR,1BA | $1,703 |
| The Residences at Northwood LLC | The Knik 2Bd/2Ba | 2BR,2BA | $2,575 |
Best Value Apartments for Rent in Sand Lake, AK
As of July 22, 2026 the best value apartment in the Sand Lake area is the $2.10 price per square foot The Knik 2Bd/2Ba Model at The Residences at Northwood LLC in the in the Sand Lake neighborhood starting from $2,575. The second greatest value Sand Lake apartment is the Small Two bedroom one bath Model at Montclair starting at $1,635 with a $1.92 price per square foot in the Sand Lake neighborhood. Here is today’s list of the best values for Sand Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Residences at Northwood LLC | The Knik 2Bd/2Ba | 2BR,2BA | $2.10 |
| Montclair | Small Two bedroom one bath | 2BR,1BA | $1.92 |
| Strawberry Lane | Two Bedroom One Bath (A) | 2BR,1BA | $2.50 |
| Terrace on the Lake | Blue Winged Teal | Studio ,1BA | $3.02 |
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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.