Cheap Homes for Rent in South Addition Neighborhood of Anchorage, AK from $2,400 (5 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Homes available for rent right now in the South Addition area of Anchorage.

property at 1300 W 7th Ave

$1,950 - $3,200

2 Bedroom Rentals

Available Now

1300 W 7th Ave

AnchorageAK99501

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.

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.

South Addition, Anchorage, AK Local Guide

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 ListingModel NameBed/BathPriced From
Loussac SognStudio 1Studio,1BA$712
The AdelaideStudioStudio,1BA$917
The AlaskanStudioStudio,1BA$1,030

Best Value Apartments for Rent in South Addition, AK

As of June 12, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Mariners View2B/2B2BR,2BA$1.41
210 E 11th Ave, Unit 3 Top Left210 E 11th Ave2BR,1BA$2.20
Baker Apartments1BR/1.0BA1BR,1BA$2.93
Stringfellow 5401BR/1.0BA1BR,1BA$3.61
Park PlazaStudioStudio ,1BA$2.27
The Outlook ApartmentsStudio ApartmentStudio ,1BA$2.59
The AlaskanStudioStudio ,1BA$2.58
City ViewStudioStudio ,1BA$3.39
The AdelaideStudioStudio ,1BA$3.70
Loussac SognStudio 1Studio ,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.

Read Article
Decorative image

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.

Read Article
Decorative image

Quick Rent Budget Calculator

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
South Addition, Anchorage, AK

Ranked #25

Among cities in Alaska for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about South Addition

What type of rentals are currently available in South Addition?

There are currently 62 Apartments for Rent in South Addition, AK with pricing that ranges from $712 to $4,946. There are also 6 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Addition ranging from $2,400 to $4,000.

What is the current price range for Rental Homes in South Addition?

Today's rental pricing for Homes for Rent, Condos and Townhomes in South Addition ranges from $2,400 to $4,000 with an average monthly rent of $3,400.

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 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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.