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Cheap Apartments for Rent in the South Addition Neighborhood of Anchorage, AK from $700 (5 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Addition area of Anchorage.
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from $1,3001 Bedroom Apartments Available Now
McKinley Tower Apartments
337 E 4th AveAnchorage, AK 99501
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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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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 | $1,189 | $700 | $2,025 |
| South Addition 1 Bedroom Apartments | $1,471 | $1,175 | $2,450 |
| South Addition 2 Bedroom Apartments | $1,732 | $1,450 | $2,200 |
| South Addition 3 Bedroom Apartments | $1,800 | $1,800 | $1,800 |
| South Addition 4 Bedroom Apartments | $2,050 | $2,050 | $2,050 |
Browse Apartments in this Neighborhood
There are currently 5 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
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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 $700. 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 | $700 |
| The Adelaide | Studio | Studio,1BA | $917 |
| Castle | Studio small | Studio,1BA | $1,125 |
Best Value Apartments for Rent in South Addition, AK
As of April 30, 2025 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 One Bedroom Model at Taiga starting at $1,385 with a $2.01 price per square foot in the Spenard 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 |
| Taiga | One Bedroom | 1BR,1BA | $2.01 |
| McKinley Tower Apartments | NE Corner - high floor! | 1BR,1BA | $1.92 |
| Chester Park Estate | 1BD/1BA- Floorplan A | 1BR,1BA | $1.83 |
| The Outlook Apartments | 1 Bedroom Apartment | 1BR,1BA | $2.24 |
| Block 96 | Studio 18 - Outside Lot Parking | Studio ,1BA | $3.42 |
| Century Plaza | Studio | Studio ,1BA | $3.68 |
| Castle | Studio X small | Studio ,1BA | $3.41 |
| The Adelaide | Studio | Studio ,1BA | $3.70 |
| Loussac Sogn | Studio 1 | Studio ,1BA | $3.55 |
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Pet Friendly LifestyleSouth Addition, Anchorage, AK
Ranked #30
Among neighborhoods in Anchorage, AK 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!
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 a cheap apartment in South Addition?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Addition is under $1,310.
What is the price of a cheap apartment in South Addition?
The cheapest apartment in South Addition is Castle which is listed at $1,215, while the average apartment in South Addition costs $2,050.
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.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.