
Cheap 1 Bedroom Apartments for Rent in the South Anchorage Neighborhood of Anchorage, AK from $700 (69 Rentals) Page 2 of 2


The Outlook Apartments

Park Plaza

Hillside Chalet

3350 Boniface Pkwy

5421 E 42nd Ave
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.

Deer Park

Driftwood

4660 Reka Dr

1531 Northview Dr

Taiga

3061 Lois Dr
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.

Quiet Creek

Chugach South

La Maisonnette

Wildwood Estates

Brighton Woods

3105 W 33rd Ave
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.

The Glen
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 | $1,260 | $975 | $1,475 |
South Anchorage 1 Bedroom Apartments | $1,530 | $700 | $2,330 |
| South Anchorage 2 Bedroom Apartments | $2,001 | $1,300 | $5,416 |
| South Anchorage 3 Bedroom Apartments | $2,306 | $1,800 | $3,100 |
Browse Apartments in this Neighborhood
There are currently 69 rentals with your search options within a 2 mile radius of the South Anchorage Neighborhood of Anchorage, AK.
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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 $1,250.
What is the price of a cheap apartment in South Anchorage?
The cheapest apartment in South Anchorage is 1335 Hyder Street which is listed at $995, while the average apartment in South Anchorage costs $1,640.
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 $138 which is $1,502 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

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.

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.