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$7501 Bedroom Apartment Available Now
2536 Forest Park Dr, Unit 1-2
2536 Forest Park DrAnchorage, AK 99517
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
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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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 | $1,360 | $1,360 | $1,360 |
| Spenard 1 Bedroom Apartments | $1,343 | $750 | $1,810 |
| Spenard 2 Bedroom Apartments | $1,697 | $1,375 | $1,900 |
| Spenard 3 Bedroom Apartments | $1,995 | $1,995 | $1,995 |
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 1 Bed apartment currently listed from $1,275. 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 | Flat | 1BR,1BA | $1,275 |
| Terrace on the Lake | Blue Winged Teal | Studio,1BA | $1,360 |
Best Value Apartments for Rent in Spenard, AK
As of December 26, 2025 the best value apartment in the Spenard area is the $1.81 price per square foot 2908 W 32nd Ave Model at 2908 W 32nd Ave, Unit 2 in the in the Spenard neighborhood starting from $1,900. The second greatest value Spenard apartment is the 3309 Oregon Dr Model at 3309 Oregon Dr, Unit A starting at $1,730 with a $1.82 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. |
|---|---|---|---|
| 2908 W 32nd Ave, Unit 2 | 2908 W 32nd Ave | 2BR,1BA | $1.81 |
| 3309 Oregon Dr, Unit A | 3309 Oregon Dr | 2BR,1BA | $1.82 |
| Nicole Apartments | Flat | 1BR,1BA | $1.70 |
| 1030 W 26th Ave, Unit 1 | 1030 W 26th Ave | 2BR,1BA | $2.40 |
| Terrace on the Lake | The Mallard Furnished | 1BR,1BA | $3.12 |
| La Maisonnette | 1BR | 1BR,1BA | $2.69 |
| Castle | Studio X small | Studio ,1BA | $3.33 |
| 2536 Forest Park Dr, Unit 1-2 | 2536 Forest Park Dr | 1BR,2BA | $5.36 |
Frequently Asked Questions about Cheap Spenard Apartments
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 $1,415 at Castle.
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
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
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!