Cheap Apartments for Rent in the Sand Lake Neighborhood of Anchorage, AK from $1,200 (25 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Sand Lake area of Anchorage.

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Strawberry Lane
2 Bedroom Apartments

Strawberry Lane

2100-2110 Strawberry RdAnchorage, AK 99502
  • Utilities Included
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8851 Cordell Cir
1 to 2 Bedroom Apartments

8851 Cordell Cir

8851 Cordell CirAnchorage, AK 99502
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3901 W 86th Ave
2 to 3 Bedroom Apartments

3901 W 86th Ave

3901 W 86th AveAnchorage, AK 99502
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9150 Dewberry St
3 Bedroom Apartments

9150 Dewberry St

9150 Dewberry StAnchorage, AK 99502

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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7321 Woburn Cir
2 Bedroom Apartments

7321 Woburn Cir

7321 Woburn CirAnchorage, AK 99502
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8540 Golden St
1 to 2 Bedroom Apartments

8540 Golden St

8540 Golden StAnchorage, AK 99502
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7327 Woburn Cir
2 Bedroom Apartments

7327 Woburn Cir

7327 Woburn CirAnchorage, AK 99502
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7410 Woburn Cir
3 Bedroom Apartments

7410 Woburn Cir

7410 Woburn CirAnchorage, AK 99502
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3811 W 74th Ave
2 Bedroom Apartments

3811 W 74th Ave

3811 W 74th AveAnchorage, AK 99502
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7400 Woburn Cir
Studio Apartments

7400 Woburn Cir

7400 Woburn CirAnchorage, AK 99502

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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8-PLEX
2 Bedroom Apartments

8-PLEX

7100 Bearfoot DrAnchorage, AK 99502
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3401 W 64th Ave
2 Bedroom Apartments

3401 W 64th Ave

3401 W 64th AveAnchorage, AK 99502
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3140 W 69th Ave
1 Bedroom Apartments

3140 W 69th Ave

3140 W 69th AveAnchorage, AK 99502
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Terrace on the Lake
Studio to 2 Bedroom Apartments

Terrace on the Lake

2421 Bentzen CirAnchorage, AK 99517
Corporate Housing

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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Strawberry Lane
2 Bedroom Apartments

Strawberry Lane

2001 W 80th AveAnchorage, AK 99502
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C&J Apartments
2 Bedroom Apartments

C&J Apartments

8036 Loganberry StAnchorage, AK 99502
  • Utilities Included
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Jewel Lake Villa
2 to 3 Bedroom Apartments

Jewel Lake Villa

8940 Blackberry StAnchorage, AK 99502
  • 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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Salamatof Apartments
Studio to 2 Bedroom Apartments

Salamatof Apartments

3640 W Dimond BlvdAnchorage, AK 99502
  • Utilities Included

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 $1,320. Montclair has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,700. Here are the most affordable Sand Lake apartments for rent in Anchorage, AK:

Apartment ListingModel NameBed/BathPriced From
Terrace on the LakeBlue Winged TealStudio,1BA$1,320
MontclairSmall Two bedroom one bath2BR,1BA$1,700
Strawberry LaneTwo Bedroom One Bath (B)2BR,1BA$1,715

Best Value Apartments for Rent in Sand Lake, AK

As of April 20, 2026 the best value apartment in the Sand Lake area is the $2.67 price per square foot 9001 Shaun Landing Cir Model at 9001 Shaun Landing Cir, Unit B in the in the Sand Lake neighborhood starting from $2,500. The second greatest value Sand Lake apartment is the Small Two bedroom one bath Model at Montclair starting at $1,700 with a $2.00 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 ListingModel NameBed/BathPrice Per Sq.Ft.
9001 Shaun Landing Cir, Unit B9001 Shaun Landing Cir2BR,1BA$2.67
MontclairSmall Two bedroom one bath2BR,1BA$2.00
Strawberry LaneTwo Bedroom One Bath (B)2BR,1BA$2.20
Terrace on the LakeBlue Winged TealStudio ,1BA$2.93

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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.