Cheap 2 Bedroom Apartments for Rent in the South Anchorage Neighborhood of Anchorage, AK from $1,300 (62 Rentals)

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property at 1618 E St

$1,525 - $1,625

2 Bedroom Rentals

Available Sep 15

1618 E St

AnchorageAK99501

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.

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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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3111 W 30th Ave, Unit 2
$1,800
Total Monthly Price

Total Monthly Price

Base Rent
$1,800
Total Monthly Price
$1,800
2 Bedroom Apartment Available Aug 31

3111 W 30th Ave, Unit 2

3111 W 30th AveAnchorage, AK 99517
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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
  • Utilities Included
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Strawberry Lane
2 Bedroom Apartments

Strawberry Lane

2100-2110 Strawberry RdAnchorage, AK 99502
  • Utilities Included

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.

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Hampstead Heath
2 Bedroom Apartments

Hampstead Heath

6415 Hampstead DrAnchorage, AK 99518
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Hillcrest Apartments
2 Bedroom Apartments

Hillcrest Apartments

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

Arctic Gardens

7211 Meadow StAnchorage, AK 99507
  • Utilities Included
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Kings Court
2 Bedroom Apartments

Kings Court

303 E 15th AveAnchorage, AK 99501

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.

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Hillside Chalet
2 Bedroom Apartments

Hillside Chalet

631 E 22nd AveAnchorage, AK 99503
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1515 Nelchina St
2 Bedroom Apartments

1515 Nelchina St

1515 Nelchina StAnchorage, AK 99501
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Chester Creek Estates
2 Bedroom Apartments

Chester Creek Estates

5814 E Northern Lights BlvdAnchorage, AK 99504
  • Utilities Included
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Montclair
2 Bedroom Apartments

Montclair

7847 Jewel LkAnchorage, AK 99502
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Deer Park
2 Bedroom Apartments

Deer Park

4221 Laurel StAnchorage, AK 99508
  • Utilities Included
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Wildwood Estates
2 Bedroom Apartments

Wildwood Estates

2237 E 56th AveAnchorage, AK 99507
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Checkmate Plaza
2 Bedroom Apartments

Checkmate Plaza

3410 Boniface PkyAnchorage, AK 99504

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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South Anchorage, Anchorage, AK Local Guide

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real 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.

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Quick 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.

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Pet Friendly Lifestyle
South Anchorage, Anchorage, AK

Ranked #41

Among cities in Alaska for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
South Anchorage, Anchorage, AK

School data provided by Great Schools

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 Susitna Ridge which is listed at $1,380, 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

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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.

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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.