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$1,675 - $2,500Studio to 1 Bedroom Apartments Available Feb 18, 2026
Block 96
1000 W 8th AveAnchorage, AK 99501
Cheap Apartments for Rent in the South Addition Neighborhood of Anchorage, AK from $800 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Addition area of Anchorage.
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Contact Us For PricingStudio Apartments Contact Us For Availability
Loussac Sogn
345 W 5th AveAnchorage, AK 99501
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$2,1001 Bedroom Apartment Available Jan 1, 2026
343 W 12th Ave, Unit 1
343 W 12th AveAnchorage, AK 99501
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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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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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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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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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Showing Results 1-27, 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 | $1,900 | $1,675 | $2,025 |
| South Addition 1 Bedroom Apartments | $2,309 | $1,350 | $3,083 |
| South Addition 2 Bedroom Apartments | $2,741 | $1,650 | $3,633 |
Browse Apartments in this Neighborhood
There are currently 27 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 $865. Park Plaza has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,230. 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 | $865 |
| Park Plaza | One Bedroom | 1BR,1BA | $1,230 |
| City View | 1x1 | 1BR,1BA | $1,340 |
| The Outlook Apartments | 2 Bedroom Apartment | 2BR,1BA | $1,545 |
| Park Plaza II | Rhondonight | Studio,1BA | $1,595 |
| Mariners View | 2B/2B | 2BR,2BA | $2,000 |
| Century Plaza | 2x1 | 2BR,1BA | $2,035 |
Best Value Apartments for Rent in South Addition, AK
As of December 15, 2025 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 2x1 Model at Century Plaza starting at $2,035 with a $2.04 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 |
| Century Plaza | 2x1 | 2BR,1BA | $2.04 |
| 222 W 13th Ave, Unit 3 | 222 W 13th Ave | 2BR,1BA | $2.20 |
| The Outlook Apartments | 2 Bedroom Apartment | 2BR,1BA | $2.14 |
| Park Plaza | One Bedroom | 1BR,1BA | $2.01 |
| City View | 1x1 | 1BR,1BA | $2.45 |
| Park Plaza II | Rhondonight | Studio ,1BA | $3.75 |
| The Adelaide | Studio | Studio ,1BA | $3.49 |
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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The 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.
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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 #20
Among cities in Alaska for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet 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!
Getting Around the South Addition Neighborhood in Anchorage, AK
Walk Score®
78 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
80 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
49 / 100
Some Transit
A few nearby public transportation options
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 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 $1,545 at The Outlook Apartments.
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
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
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.