Cheap Apartments for Rent in the Sand Lake Neighborhood of Anchorage, AK from $1,200 (16 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

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.

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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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9150 Dewberry St
3 Bedroom Apartments

9150 Dewberry St

9150 Dewberry StAnchorage, AK 99502
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7321 Woburn Cir
2 Bedroom Apartments

7321 Woburn Cir

7321 Woburn CirAnchorage, AK 99502
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7410 Woburn Cir
3 Bedroom Apartments

7410 Woburn Cir

7410 Woburn CirAnchorage, AK 99502

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.

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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

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.

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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 $1,360. 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 ListingModel NameBed/BathPriced From
Terrace on the LakeBlue Winged TealStudio,1BA$1,360
MontclairSmall Two bedroom one bath2BR,1BA$1,635
Strawberry LaneTwo Bedroom One Bath (A)2BR,1BA$1,703
The Residences at Northwood LLCThe Knik 2Bd/2Ba2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Residences at Northwood LLCThe Knik 2Bd/2Ba2BR,2BA$2.10
MontclairSmall Two bedroom one bath2BR,1BA$1.92
Strawberry LaneTwo Bedroom One Bath (A)2BR,1BA$2.50
Terrace on the LakeBlue Winged TealStudio ,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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.