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$2,600 - $4,0002 Bedroom Apartments Available Now
Stringfellow 540
540 L StAnchorage, AK 99501
Cheap Apartments for Rent in the South Addition Neighborhood of Anchorage, AK from $700 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Addition area of Anchorage.
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$1,750 - $2,600Studio to 1 Bedroom Apartments Available Now
Block 96
1000 W 8th AveAnchorage, AK 99501
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$1,170 - $1,440Studio to 2 Bedroom Apartments Available Now
City View
230 W 14th AveAnchorage, AK 99501
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$700Studio Apartments Available Jul 31
Loussac Sogn
345 W 5th AveAnchorage, AK 99501
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2 Bedroom Apartments
Downtown Classics
1111 Barrow StAnchorage, AK 99501
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1 Bedroom Apartments
505 W 2nd Ave
505 W 2nd AveAnchorage, AK 99501
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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Studio Apartments
400 W 11th Ave
400 W 11th AveAnchorage, AK 99501
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1 Bedroom Apartments
611 O Pl
611 O PlAnchorage, AK 99501
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1 Bedroom Apartments
1036 M St
1036 M StAnchorage, AK 99501
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Studio Apartments
210 E 7th Ave
210 E 7th AveAnchorage, AK 99501
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1 Bedroom Apartments
720 M St
720 M StAnchorage, AK 99501
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Studio Apartments
Bootleggers Cove Apartments
800 M StAnchorage, AK 99501
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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1 to 2 Bedroom Apartments
143-201 W 11th Ave
143-201 W 11th AveAnchorage, AK 99501
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Studio Apartments
4 Plex
627 N StAnchorage, AK 99501
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1 to 2 Bedroom Apartments
Knik Arms
1110 W 6th AveAnchorage, AK 99501
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1 Bedroom Apartments
118 W 12th Ave
118 W 12th AveAnchorage, AK 99501
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1 Bedroom Apartments
Hohn Apartments
843 W 11th AveAnchorage, AK 99501
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Studio to 2 Bedroom Apartments
The Outlook Apartments
234 E 15th AveAnchorage, AK 99501
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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2 Bedroom Apartments
Mariners View
726 O PlAnchorage, AK 99501
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Studio to 2 Bedroom Apartments
Century Plaza
124 E 3rd AveAnchorage, AK 99501
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Studio to 1 Bedroom Apartments
The Adelaide
201 E 9th AveAnchorage, AK 99501
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Studio to 2 Bedroom Apartments
1306 W 6th Ave
1306 W 6th AveAnchorage, AK 99501
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1 to 2 Bedroom Apartments
Kings Court
303 E 15th AveAnchorage, AK 99501
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Studio Apartments
Ebb Tide
716-724 O StAnchorage, AK 99501
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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1 to 3 Bedroom Apartments
Hill Point Apartments
315 Barrow StAnchorage, AK 99501
Showing Results 1-25, Page 1 of 1
South Addition, Anchorage, AK Local Guide
How much does it cost to rent an apartment in South Addition?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Addition Studio Apartments | $1,662 | $700 | $2,175 |
| South Addition 1 Bedroom Apartments | $2,010 | $1,395 | $2,600 |
| South Addition 2 Bedroom Apartments | $2,950 | $2,400 | $4,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 25 rentals with your search options within a 2 mile radius of the South Addition Neighborhood of Anchorage, AK.
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South Addition, Anchorage, AK Local Guide
- Nearby Anchorage neighborhoods
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Cheapest Available South Addition Apartments for Rent
The cheapest available apartment rental in the South Addition area of Anchorage, AK is a Studio unit found at The Adelaide priced from $1,062. City View has the second lowest priced unit, which is a Studio apartment currently listed from $1,170. Here are the most affordable South Addition apartments for rent in Anchorage, AK:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Adelaide | Studio | Studio,1BA | $1,062 |
| City View | Studio | Studio,1BA | $1,170 |
| The Outlook Apartments | 1 Bedroom Apartment | 1BR,1BA | $1,310 |
| Kings Court | Two Bedroom One Bath | 2BR,1BA | $1,500 |
| Block 96 | Studio 18 - Outside Lot Parking | Studio,1BA | $1,950 |
Best Value Apartments for Rent in South Addition, AK
As of July 21, 2026 the best value apartment in the South Addition area is the $1.55 price per square foot 2B/2B Model at Mariners View in the in the Government Hill neighborhood starting from $2,200. The second greatest value South Addition apartment is the 2BR/2.0BA Model at Stringfellow 540 starting at $2,600 with a $2.48 price per square foot in the Government Hill neighborhood. Here is today’s list of the best values for South Addition apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Mariners View | 2B/2B | 2BR,2BA | $1.55 |
| Stringfellow 540 | 2BR/2.0BA | 2BR,2BA | $2.48 |
| Kings Court | Two Bedroom One Bath | 2BR,1BA | $1.67 |
| Baker Apartments | 1BR/1.0BA | 1BR,1BA | $2.93 |
| The Outlook Apartments | 2 Bedroom Apartment | 2BR,1BA | $2.36 |
| Block 96 | Studio 18 - Outside Lot Parking | Studio ,1BA | $3.66 |
| City View | Studio | Studio ,1BA | $3.36 |
| The Adelaide | Studio | Studio ,1BA | $4.28 |
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.
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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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.
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Pet Friendly LifestyleSouth Addition, Anchorage, AK
Ranked #23
Among cities in Alaska for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Lifestyle Ratings
Our team is happy to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, areas, and rental properties across Alaska and customized analysis for Central Anchorage, AK. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, kid and pet-friendly communities, availability of transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap South Addition Apartments
What is the lowest price for a Cheap Two Bedroom South Addition Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in South Addition is starting from $1,500 at Kings Court.
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.