Cheap 2 Bedroom Apartments for Rent in the South Anchorage Neighborhood of Anchorage, AK from $1,250 (61 Rentals)

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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.

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700 W 47th Ave, Unit #1
$1,750
Total Monthly Price

Total Monthly Price

Base Rent
$1,750
Total Monthly Price
$1,750
2 Bedroom Apartment Available Now

700 W 47th Ave, Unit #1

700 W 47th AveAnchorage, AK 99503
Cost Per Sq.Ft.
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Renting with Roommates: Realistic Expectations for Shared Lease

Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

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Northern Lights Manor
2 Bedroom Apartments

Northern Lights Manor

1353 W 27th AveAnchorage, AK 99503
  • Utilities Included
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2805 W 31st Ave
2 Bedroom Apartments

2805 W 31st Ave

2805 W 31st AveAnchorage, AK 99517
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5440 E 26th Ave
2 Bedroom Apartments

5440 E 26th Ave

5440 E 26th AveAnchorage, AK 99508
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Strawberry Lane
2 Bedroom Apartments

Strawberry Lane

2100-2110 Strawberry RdAnchorage, AK 99502
  • Utilities Included

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.

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Hillcrest Apartments
2 Bedroom Apartments

Hillcrest Apartments

515 E 12th AveAnchorage, AK 99501
  • Utilities Included
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Arctic Gardens
2 Bedroom Apartments

Arctic Gardens

7211 Meadow StAnchorage, AK 99507
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827 E 11th Ave
2 Bedroom Apartments

827 E 11th Ave

827 E 11th AveAnchorage, AK 99501
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Park Plaza
2 Bedroom Apartments

Park Plaza

201 E 16th AveAnchorage, AK 99501
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1515 Nelchina St
2 Bedroom Apartments

1515 Nelchina St

1515 Nelchina StAnchorage, AK 99501
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Kings Court
2 Bedroom Apartments

Kings Court

303 E 15th AveAnchorage, AK 99501
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Hillside Chalet
2 Bedroom Apartments

Hillside Chalet

631 E 22nd AveAnchorage, AK 99503

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.

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Chester Creek Estates
2 Bedroom Apartments

Chester Creek Estates

5814 E Northern Lights BlvdAnchorage, AK 99504
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Deer Park
2 Bedroom Apartments

Deer Park

4221 Laurel StAnchorage, AK 99508
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Checkmate Plaza
2 Bedroom Apartments

Checkmate Plaza

3410 Boniface PkyAnchorage, AK 99504
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Ladera Villa
2 Bedroom Apartments

Ladera Villa

2225 Arctic BlvdAnchorage, AK 99503
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Jewel Lake Villa
2 Bedroom Apartments

Jewel Lake Villa

8940 Blackberry StAnchorage, AK 99502
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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.

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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 $1,275.

What is the price of a cheap apartment in South Anchorage?

The cheapest apartment in South Anchorage is Susitna Ridge which is listed at $1,350, while the average apartment in South Anchorage costs $2,200.

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 $2,062 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

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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.

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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.

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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.