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Rent Specials
$2,600 - $4,0001 to 2 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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$1,675 - $2,600Studio to 1 Bedroom Apartments Available Aug 8
Block 96
1000 W 8th AveAnchorage, AK 99501
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$1,180 - $1,420Studio to 2 Bedroom Apartments Available Jun 12
City View
230 W 14th AveAnchorage, AK 99501
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$712 - $725Studio Apartments Available Now
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
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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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
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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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
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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Studio to 2 Bedroom Apartments
Century Plaza
124 E 3rd AveAnchorage, AK 99501
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2 Bedroom Apartments
Mariners View
726 O PlAnchorage, 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
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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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 | $1,517 | $712 | $2,025 |
| South Addition 1 Bedroom Apartments | $2,569 | $1,415 | $4,000 |
| South Addition 2 Bedroom Apartments | $3,244 | $2,200 | $4,840 |
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 Loussac Sogn priced from $712. The Adelaide has the second lowest priced unit, which is a Studio apartment currently listed from $917. Here are the most affordable South Addition apartments for rent in Anchorage, AK:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Loussac Sogn | Studio 1 | Studio,1BA | $712 |
| The Adelaide | Studio | Studio,1BA | $917 |
| The Outlook Apartments | Studio Apartment | Studio,1BA | $1,210 |
| Park Plaza | Studio | Studio,1BA | $1,220 |
| Century Plaza | Studio | Studio,1BA | $1,435 |
Best Value Apartments for Rent in South Addition, AK
As of June 05, 2026 the best value apartment in the South Addition area is the $1.41 price per square foot 2B/2B Model at Mariners View in the in the Government Hill neighborhood starting from $2,000. The second greatest value South Addition apartment is the 210 E 11th Ave Model at 210 E 11th Ave, Unit 3 Top Left starting at $2,200 with a $2.20 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 | $1.41 |
| 210 E 11th Ave, Unit 3 Top Left | 210 E 11th Ave | 2BR,1BA | $2.20 |
| Baker Apartments | 1BR/1.0BA | 1BR,1BA | $3.27 |
| Stringfellow 540 | 1BR/1.0BA | 1BR,1BA | $3.61 |
| Park Plaza | Studio | Studio ,1BA | $2.41 |
| The Outlook Apartments | Studio Apartment | Studio ,1BA | $2.59 |
| Century Plaza | Studio | Studio ,1BA | $3.78 |
| The Adelaide | Studio | Studio ,1BA | $3.70 |
| Loussac Sogn | Studio 1 | Studio ,1BA | $3.61 |
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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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.
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Pet Friendly LifestyleSouth Addition, Anchorage, AK
Ranked #26
Among cities in Alaska for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet 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 price of a cheap apartment in South Addition?
The cheapest apartment in South Addition is The Outlook Apartments which is listed at $1,345, while the average apartment in South Addition costs $3,300.
What types of apartments are the cheapest in South Addition?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 2 regular apartments in South Addition that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.