Cheap Apartments for Rent in the Sand Lake Neighborhood of Anchorage, AK from $900 (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

1100 W 53rd Ave, Unit Level Two
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Strawberry Village Apartments
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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 | $1,366 | $1,360 | $1,380 |
| Sand Lake 1 Bedroom Apartments | $1,633 | $995 | $2,250 |
| Sand Lake 2 Bedroom Apartments | $1,865 | $1,500 | $2,700 |
| Sand Lake 3 Bedroom Apartments | $3,036 | $2,650 | $3,323 |
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 Studio unit found at Terrace on the Lake priced from $1,360. Strawberry Lane has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,645. 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 |
| Strawberry Lane | Two Bedroom One Bath (A) | 2BR,1BA | $1,645 |
| Montclair | Large Two bedroom one bath | 2BR,1BA | $1,695 |
| The Residences at Northwood LLC | The Chugach 1Bd/1Ba | 1BR,1BA | $2,100 |
Best Value Apartments for Rent in Sand Lake, AK
As of November 27, 2025 the best value apartment in the Sand Lake area is the $1.80 price per square foot 1100 W 53rd Ave Model at 1100 W 53rd Ave, Unit Level Two in the in the Sand Lake neighborhood starting from $1,800. The second greatest value Sand Lake apartment is the Large Two bedroom one bath Model at Montclair starting at $1,695 with a $1.78 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. |
|---|---|---|---|
| 1100 W 53rd Ave, Unit Level Two | 1100 W 53rd Ave | 2BR,1BA | $1.80 |
| Montclair | Large Two bedroom one bath | 2BR,1BA | $1.78 |
| The Residences at Northwood LLC | The Chugach 1Bd/1Ba | 1BR,1BA | $2.72 |
| Strawberry Lane | Two Bedroom One Bath (A) | 2BR,1BA | $2.42 |
| Terrace on the Lake | The Mallard Furnished | 1BR,1BA | $3.12 |
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.
Read ArticleThe 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.
Read ArticleQuick 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.
Pet Friendly LifestyleSand Lake, Anchorage, AK
Ranked #19
Among cities in Alaska for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet 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
How much is rent for a Cheap One Bedroom Sand Lake Apartment?
The lowest price for a Cheap One Bedroom Sand Lake Apartment is $1,450 at Terrace on the Lake.
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 $1,645 at Strawberry Lane.
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.












