
Apartments for Rent in the South Anchorage Neighborhood of Anchorage, AK (512 Rentals)


Discovery Luxury Rentals

Creekside Manor

Foxwood Condos

Town Square Manor Apartments

Alpine

Green Tree Apartments

College View

Stephens Park

Hampstead Heath
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.

The Club at Eagle Point

Tudor Park Apartments

1101 Eagle St

Rancho Tudor

Spruce View Apartments

Susitna Ridge

Russian Jack

Creekside Terrace

The Greenbriar

Northwind Apartments
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.

Central Park Apartments

Martha's Vineyard

The Residences at Northwood LLC

City View

Chester Park Estates

The Mallary

123 E Potter Dr, Unit 2

1211 Balfour Dr

3040 Lore Rd, Unit 3040 Lore G4

9645 Independence Dr, Unit D110
Neighborhood & Market Insights: How to Choose the Right Area to Rent
Master your search for the perfect apartment. Location is everything. Discover how to leverage community insights, public data, and personal visits to make a fully informed decision about where to rent.

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1054 W 20th Ave, Unit 4

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12250 Ellen Ave, Unit Apartment 3

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324 Lynnwood Dr, Unit 4

1024 E 12th Ave

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1117 Karluk St, Unit Karluk 1

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1402 W 27th Ave, Unit 8

712 W 47th Ave, Unit #4

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2125 Dahl Ln, Unit 2125 Dahl Lane #3

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9001 Shaun Landing Cir, Unit B

1040 E 11th Ave
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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222 W 13th Ave

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2808 Jones Ave

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3111 W 30th Ave, Unit 2

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1410 W 27th Ave, Unit 3

639 E 75th Ave

6430 Fairweather Dr

1497 N Heather Meadows Loop, Unit 1497 Heather Meadows Loop

2525 Azurite Ct

7810 Mayfair Dr

2017 Brandilyn St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
South Anchorage, Anchorage, AK Local Guide

How much does it cost to rent an apartment in South Anchorage?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Anchorage Studio Apartments | $1,270 | $975 | $1,475 |
| South Anchorage 1 Bedroom Apartments | $1,425 | $700 | $2,500 |
| South Anchorage 2 Bedroom Apartments | $1,935 | $1,250 | $5,416 |
| South Anchorage 3 Bedroom Apartments | $2,181 | $1,595 | $2,900 |
How much does it cost to rent a home in South Anchorage?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 2 Bedroom Homes | $2,083 | $1,300 | $2,900 |
| 3 Bedroom Homes | $2,795 | $1,700 | $3,800 |
| 4 Bedroom Homes | $3,546 | $2,600 | $5,000 |
Browse Apartments in this Neighborhood
There are currently 512 rentals with your search options within a 2 mile radius of the South Anchorage Neighborhood of Anchorage, AK.
See all Apartments in AnchorageExplore Anchorage
South Anchorage, Anchorage, AK Local Guide
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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Tour smarter and choose with confidence. Get the essential 18 questions that reveal the truth about a rental property's maintenance, utilities, and safety.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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 ArticleQuick 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.
Pet Friendly LifestyleSouth Anchorage, Anchorage, AK
Ranked #41
Among cities in Alaska for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in South Anchorage, Anchorage, AK
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including South Anchorage, Anchorage, and the greater Anchorage area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, places that make kids happy, raising pets, transit options, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Family-Friendly Rating
A family-friendly community may be just the ticket if you have a son or daughter (or both!) when you rent. Amongst all of the submarkets in Anchorage, this area is one of the best submarkets for families, with a score of 4.0 out of 4. Family Friendly ratings are based on community features and environments that help parents and children to thrive. This includes features like parks, and great education resources.
Outdoors Rating
Love parks and green spaces? this neighborhood is a highly-rated neighborhood for access to parks and outdoor amenities, with a score of 4.0 out of 4.
Pet Friendly Rating
Do you have furry friends? this neighborhood is known as one of the finest communities for families with pets, with a score of 4.0 out of 4.
Frequently Asked Questions about South Anchorage
What is the current pricing and availability for apartments for rent in the South Anchorage area of Anchorage, AK?
As of today, September 06, 2026, there are currently 512 available South Anchorage apartments priced from $700 to $5,416, with an average monthly rent of $1,775.
How much are Studio apartments in South Anchorage?
There are currently 128 Studio Apartments in South Anchorage with rent ranges from $975 to $1,475 with an average price of $1,270.
What is the current price range for One Bedroom South Anchorage Apartments for rent?
Today's rental pricing for One Bedroom Apartments in South Anchorage ranges from $700 to $2,500 with an average monthly rent of $1,425.
What does renting a Two Bedroom Apartment in South Anchorage cost?
The monthly rent prices of Two Bedroom Apartments currently available in South Anchorage range from $1,250 to $5,416. Today's average rental price for Two Bedrooms here is $1,935.
How expensive are South Anchorage Three Bedroom Apartments?
There are currently 63 Three Bedroom Apartments listings available in South Anchorage on ApartmentHomeLiving.com. The pricing ranges from $1,595 to $2,900 - averaging $2,181 for the location.
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

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.