Cheap 3 Bedroom Apartments for Rent in the South Anchorage Neighborhood of Anchorage, AK from $1,500 (1 Rental)
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.
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 | $1,221 | $1,100 | $1,380 |
South Anchorage 1 Bedroom Apartments | $1,595 | $750 | $2,917 |
South Anchorage 2 Bedroom Apartments | $1,759 | $758 | $3,200 |
South Anchorage 3 Bedroom Apartments | $2,275 | $1,500 | $3,935 |
South Anchorage 4 Bedroom Apartments | $2,050 | $2,050 | $2,050 |
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South Anchorage, Anchorage, AK Local Guide
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Quick Rent Budget Calculator
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Pet Friendly LifestyleSouth Anchorage, Anchorage, AK
Ranked #42
Among cities in Alaska for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $1,275.
What is the price of a cheap apartment in South Anchorage?
The cheapest apartment in South Anchorage is Ladera Villa which is listed at $1,800, while the average apartment in South Anchorage costs $2,077.
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 2 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 $1,081 which is $996 cheaper than the average rent for all rentals in South Anchorage.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.