
Cheap Apartments for Rent in the South Anchorage Neighborhood of Anchorage, AK from $600 (22 Rentals)
Cheap Apartments in the South Anchorage area of Anchorage.


433 E Dowling Rd

College View
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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 | $1,202 | $1,090 | $1,335 |
South Anchorage 1 Bedroom Apartments | $1,503 | $950 | $2,917 |
South Anchorage 2 Bedroom Apartments | $1,781 | $1,285 | $3,230 |
South Anchorage 3 Bedroom Apartments | $2,132 | $1,595 | $3,500 |
South Anchorage 4 Bedroom Apartments | $2,050 | $2,050 | $2,050 |
Browse Apartments in this Neighborhood
There are currently 22 rentals with your search options within a 2 mile radius of the South Anchorage Neighborhood of Anchorage, AK.
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South Anchorage, Anchorage, AK Local Guide
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Cheapest Available South Anchorage Apartments for Rent
 The cheapest available apartment rental in the South Anchorage area of Anchorage, AK is a Studio unit found at Castle priced from $1,090. College View has the second lowest priced unit, which is a Studio apartment currently listed from $1,120. Here are the most affordable South Anchorage apartments for rent in Anchorage, AK:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Castle | Studio X small | Studio,1BA | $1,090 |
College View | Studio | Studio,1BA | $1,120 |
The Mallary | 1 Bed | 1BR,1BA | $1,150 |
Terrace on the Lake | Blue Winged Teal | Studio,1BA | $1,210 |
The Greenbriar | Studio | Studio,1BA | $1,225 |
Best Value Apartments for Rent in South Anchorage, AK
As of May 03, 2025 the best value apartment in the South Anchorage area is the $1.25 price per square foot 1803 Dare Ave Model at 1803 Dare Ave, Unit 7 in the in the Old Seward Oceanview neighborhood starting from $1,595. The second greatest value South Anchorage apartment is the 1410 W 27th Ave Model at 1410 W 27th Ave, Unit 3 starting at $1,595 with a $1.33 price per square foot in the Spenard neighborhood. Here is today’s list of the best values for South Anchorage apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1803 Dare Ave, Unit 7 | 1803 Dare Ave | 3BR,1BA | $1.25 |
1410 W 27th Ave, Unit 3 | 1410 W 27th Ave | 3BR,1BA | $1.33 |
712 W 47th Ave, Unit 712-4 | 712 W 47th Ave | 2BR,1BA | $1.64 |
Martha's Vineyard | 1910 Martha's Vineyard Cir 1 | 3BR,1BA | $1.72 |
8531 Golden St, Unit Apt 1 | 8531 Golden St | 3BR,1BA | $1.78 |
917 E 46th Ct, Unit B | 917 E 46th Ct | 2BR,1BA | $1.65 |
Kings Court | Two Bedroom One Bath | 2BR,1BA | $1.54 |
Hampstead Heath | 2 Bed | 2BR,1BA | $1.61 |
Nicole Apartments | Flat | 1BR,1BA | $1.76 |
Chester Park Estate | 1BD/1BA- Floorplan A | 1BR,1BA | $1.83 |
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Pet Friendly LifestyleSouth Anchorage, Anchorage, AK
Ranked #42
Among neighborhoods in Anchorage, AK for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in South Anchorage, Anchorage, AK
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Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in cities across the United States, including Anchorage. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and the best outdoor access, transit availability, pet-friendly communities, features that make it easier to raise kids, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap South Anchorage Apartments
What is the Cheapest Studio apartment in South Anchorage?
Currently the most affordable Cheap Studio Apartment in South Anchorage is at Castle listed at $1,090.
How much is rent for a Cheap One Bedroom South Anchorage Apartment?
The lowest price for a Cheap One Bedroom South Anchorage Apartment is $1,150 at The Mallary.
What is the lowest price for a Cheap Two Bedroom South Anchorage Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in South Anchorage is starting from $1,285 at Hampstead Heath.
What is the most affordable South Anchorage Three Bedroom Apartment?
The best deal on a cheap South Anchorage Three Bedroom Apartment rental is at Martha's Vineyard and starts from $1,895.
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.

Navigating the Rental Market: Tips for First-Time Renters
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Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.