
Cheap 1 Bedroom Apartments for Rent in the South Anchorage Neighborhood of Anchorage, AK from $1,135 (57 Rentals) Page 2 of 2


Quiet Creek

Chugach South
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When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Brighton Woods

Wildwood Estates

2323 E 68th Ave
Navigating the Rental Market: Tips for First-Time Renters
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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 | $1,237 | $875 | $1,380 |
South Anchorage 1 Bedroom Apartments | $1,586 | $1,135 | $3,923 |
| South Anchorage 2 Bedroom Apartments | $1,979 | $1,250 | $5,103 |
| South Anchorage 3 Bedroom Apartments | $2,843 | $1,800 | $7,691 |
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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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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
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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.