
Cheap 1 Bedroom Apartments for Rent in the South Anchorage Neighborhood of Anchorage, AK from $1,135 (57 Rentals)


Chester Park Estate

2104 Roosevelt Dr

College View

The Club at Eagle Point

Susitna Ridge

Northwind Apartments

Stephens Park

4620 Reka Dr
Genius Ideas and Studio Layout Tips That Maximize Every Square Inch
Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

Central Park Apartments

Arctic Sun

City View

Green Tree Apartments

Tudor Park Apartments

1441 E 12th Ave

Alpine

Terrace on the Lake

Creekside Manor

The Greenbriar
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

9645 Independence Dr, Unit 302

3011 Lois Dr, Unit 109

Lumen Park Apartments

Loussac Place Apartments

West Midtown Place

Northern Lights Manor

West Midtown Village

West Midtown Gardens

Smallwood Manor Apartments

Casablanca Apartments
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.

Eureka Street Apartments

Independence Park Apartments

The Village at Calais

Country Lane

Continental

3350 Boniface Pky

Nicole Apartments

Arbor Pointe

The Alaskan

2200 Minerva Way
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.

Ladera Villa

Ptarmigan Meadows

Chester Creek Estates

Park Plaza

4611 Juneau St

Hillside Chalet

The Outlook Apartments

1405 W 27th Ave

Taiga

Deer Park
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.
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 | $1,233 | $875 | $1,380 |
South Anchorage 1 Bedroom Apartments | $1,587 | $1,135 | $3,924 |
| South Anchorage 2 Bedroom Apartments | $1,975 | $1,250 | $5,053 |
| South Anchorage 3 Bedroom Apartments | $2,844 | $1,800 | $7,699 |
Explore Anchorage
Frequently Asked Questions about Cheap South Anchorage Apartments
What is a cheap apartment in South Anchorage?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Anchorage is under $1,275.
What is the price of a cheap apartment in South Anchorage?
The cheapest apartment in South Anchorage is Castle which is listed at $1,135, while the average apartment in South Anchorage costs $2,350.
What types of apartments are the cheapest in South Anchorage?
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 3 regular apartments in South Anchorage that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in South Anchorage?
Cheap apartments in South Anchorage have an average cost of $180 which is $2,170 cheaper than the average rent for all rentals in South Anchorage.
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

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.

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.

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.
