Cheap Apartments for Rent in the Sand Lake Neighborhood of Anchorage, AK from $1,000 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Sand Lake area of Anchorage.

Terrace on the Lake

The Residences at Northwood LLC
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.

9001 Shaun Landing Cir, Unit B
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.

Strawberry Village Apartments
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.
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 | $1,365 | $1,365 | $1,365 |
Sand Lake 1 Bedroom Apartments | $1,746 | $1,325 | $2,250 |
Sand Lake 2 Bedroom Apartments | $1,745 | $1,250 | $2,700 |
Sand Lake 3 Bedroom Apartments | $2,950 | $2,650 | $3,150 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Sand Lake Neighborhood of Anchorage, AK.
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Sand Lake, Anchorage, AK Local Guide
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Cheapest Available Sand Lake Apartments for Rent
 The cheapest available apartment rental in the Sand Lake area of Anchorage, AK is a 2 Beds unit found at The Mallary priced from $1,250. Continental has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,325. Here are the most affordable Sand Lake apartments for rent in Anchorage, AK:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Mallary | 2 Bed | 2BR,1BA | $1,250 |
Continental | 1 BR | 1BR,1BA | $1,325 |
Strawberry Lane | Two Bedroom One Bath (A) | 2BR,1BA | $1,645 |
The Residences at Northwood LLC | The Knik 2Bd/2Ba | 2BR,2BA | $2,400 |
Best Value Apartments for Rent in Sand Lake, AK
As of June 17, 2025 the best value apartment in the Sand Lake area is the $1.96 price per square foot The Knik 2Bd/2Ba Model at The Residences at Northwood LLC in the in the Sand Lake neighborhood starting from $2,400. The second greatest value Sand Lake apartment is the 2 Bed Model at The Mallary starting at $1,250 with a $1.59 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 | $1.96 |
The Mallary | 2 Bed | 2BR,1BA | $1.59 |
Strawberry Lane | Two Bedroom One Bath (A) | 2BR,1BA | $2.42 |
Continental | 1 BR | 1BR,1BA | $2.50 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleSand Lake, Anchorage, AK
Ranked #2
Among neighborhoods in Anchorage, AK for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Sand Lake, Anchorage, AK
School data provided by Great Schools
Getting Around the Sand Lake Neighborhood in Anchorage, AK
Walk Score®
40 / 100
Car-Dependent
Most errands require a car
Bike Score®
44 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
16 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Sand Lake Apartments
What is the lowest price for a Cheap Two Bedroom Sand Lake Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Sand Lake is starting from $1,250 at The Mallary.
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.

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.

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.

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.

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.