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Cheap Apartments for Rent in the Spenard Neighborhood of Anchorage, AK from $700 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Spenard area of Anchorage.
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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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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Showing Results 1-9, Page 1 of 1
Spenard, Anchorage, AK Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in Spenard?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Spenard Studio Apartments | $1,145 | $750 | $1,380 |
| Spenard 1 Bedroom Apartments | $1,372 | $1,205 | $1,810 |
| Spenard 2 Bedroom Apartments | $1,645 | $1,365 | $2,050 |
| Spenard 3 Bedroom Apartments | $3,247 | $2,995 | $3,500 |
| Spenard 4 Bedroom Apartments | $5,185 | $5,185 | $5,185 |
Browse Apartments in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Spenard Neighborhood of Anchorage, AK.
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Cheapest Available Spenard Apartments for Rent
The cheapest available apartment rental in the Spenard area of Anchorage, AK is a Studio unit found at Castle priced from $1,100. Nicole Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,205. Here are the most affordable Spenard apartments for rent in Anchorage, AK:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Castle | Studio X small | Studio,1BA | $1,100 |
| Nicole Apartments | Studio | Studio,1BA | $1,205 |
| Arbor Pointe | One Bedroom | 1BR,1BA | $1,300 |
Best Value Apartments for Rent in Spenard, AK
As of November 02, 2025 the best value apartment in the Spenard area is the $2.48 price per square foot 1499 W 40th Ave Model at 1499 W 40th Ave, Unit 1493 in the in the Spenard neighborhood starting from $2,995. The second greatest value Spenard apartment is the 1030 W 26th Ave Model at 1030 W 26th Ave, Unit 1 starting at $1,700 with a $2.27 price per square foot in the Spenard neighborhood. Here is today’s list of the best values for Spenard apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1499 W 40th Ave, Unit 1493 | 1499 W 40th Ave | 3BR,2BA | $2.48 |
| 1030 W 26th Ave, Unit 1 | 1030 W 26th Ave | 2BR,1BA | $2.27 |
| Nicole Apartments | Flat | 1BR,1BA | $1.74 |
| 2804 W 30th Ave, Unit 1 | 2804 W 30th Ave | 2BR,1BA | $2.29 |
| Terrace on the Lake | The Mallard Furnished | 1BR,1BA | $3.12 |
| Arbor Pointe | One Bedroom | 1BR,1BA | $2.36 |
| La Maisonnette | 1BR | 1BR,1BA | $2.69 |
| 2912 W 33rd Ave, Unit 3 | 2912 W 33rd Ave | 1BR,1BA | $2.80 |
| 1902 W 33rd Ave, Unit 1 | 1902 W 33rd Ave | Studio ,1BA | $2.00 |
| Castle | Studio X small | Studio ,1BA | $3.33 |
Getting Around the Spenard Neighborhood in Anchorage, AK
Walk Score®
78 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
72 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
38 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Spenard Apartments
What is the Cheapest Studio apartment in Spenard?
Currently the most affordable Cheap Studio Apartment in Spenard is at Castle listed at $1,100.
How much is rent for a Cheap One Bedroom Spenard Apartment?
The lowest price for a Cheap One Bedroom Spenard Apartment is $1,210 at Castle.
What is the lowest price for a Cheap Two Bedroom Spenard Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Spenard is starting from $1,450 at Castle.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
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.