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$1,100 - $1,605Studio to 2 Bedroom Apartments Available Now
Castle
915 W 27th AveAnchorage, AK 99503
Cheap Apartments for Rent in the Spenard Neighborhood of Anchorage, AK from $725 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in the Spenard area of Anchorage.
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$1,370 - $1,890Studio to 2 Bedroom Apartments Available Now
Terrace on the Lake
2421 Bentzen CirAnchorage, AK 99517
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2 Bedroom Apartments
3505 Iowa St
3505 Iowa StAnchorage, AK 99517
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1 Bedroom Apartments
4107 Cope St
4107 Cope StAnchorage, AK 99503
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1 to 3 Bedroom Apartments
3901 Northwood Dr
3901 Northwood DrAnchorage, AK 99517
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4 Bedroom Apartments
5304 Cope St
5304 Cope StAnchorage, AK 99518
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1 to 2 Bedroom Apartments
Monroe Apartments
2605-2609 W 33rd AveAnchorage, AK 99517
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1 Bedroom Apartments
2802 Turnagain St
2802 Turnagain StAnchorage, AK 99517
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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2 to 3 Bedroom Apartments
2805 W 33rd Ave
2805 W 33rd AveAnchorage, AK 99517
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1 to 3 Bedroom Apartments
3503 Indiana St
3503 Indiana StAnchorage, AK 99503
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1 Bedroom Apartments
1403 W 32nd Ave
1403 W 32nd AveAnchorage, AK 99503
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Studio Apartments
4202 Hayes St
4202 Hayes StAnchorage, AK 99503
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1 Bedroom Apartments
1105 W Tudor Rd
1105 W Tudor RdAnchorage, AK 99503
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1 Bedroom Apartments
4Plex
3505 Wyoming DrAnchorage, AK 99517
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1 to 3 Bedroom Apartments
808 W 29th Pl
808 W 29th PlAnchorage, AK 99503
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Studio to 2 Bedroom Apartments
3703 Lois Dr
3703 Lois DrAnchorage, AK 99517
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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Studio Apartments
3202 Doris St
3202 Doris StAnchorage, AK 99517
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2 Bedroom Apartments
Garfield Manor
4103-4105 Garfield StAnchorage, AK 99503
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Studio Apartments
Midtown Center Mobile Home Park
909 Chugach WayAnchorage, AK 99503
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Studio Apartments
1100 W 30th Ave
1100 W 30th AveAnchorage, AK 99503
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Studio to 1 Bedroom Apartments
Cedarwood Apartments
1336 W 23rd AveAnchorage, AK 99503
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Studio to 1 Bedroom Apartments
Nicole Apartments
1046 W 26th AveAnchorage, AK 99503
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1 Bedroom Apartments
West Midtown Place
1023 W 26th AveAnchorage, AK 99503
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1 to 2 Bedroom Apartments
Northern Lights Manor
1353 W 27th AveAnchorage, AK 99503
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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Studio to 1 Bedroom Apartments
(45) West Midtown Gardens
1327 W 27th AveAnchorage, AK 99503
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Studio to 1 Bedroom Apartments
(44) West Midtown Village
1414 W 26th AveAnchorage, AK 99503
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1 Bedroom Apartments
3600 Spenard Rd
3600 Spenard RdAnchorage, AK 99503
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Studio Apartments
Thirteen Ten West 32nd
1310 W 32nd AveAnchorage, AK 99503
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Studio Apartments
West Midtown Pointe
1425 W 27th AveAnchorage, AK 99503
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2 Bedroom Apartments
2805 W 31st Ave
2805 W 31st AveAnchorage, AK 99517
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1 to 2 Bedroom Apartments
5308 Arctic Blvd
5308 Arctic BlvdAnchorage, AK 99518
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Studio to 1 Bedroom Apartments
Buscemi Apartments
1400 W 25th AveAnchorage, AK 99503
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.
Showing Results 1-32, 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 | $1,206 | $975 | $1,375 |
| Spenard 1 Bedroom Apartments | $1,372 | $1,215 | $1,475 |
| Spenard 2 Bedroom Apartments | $1,995 | $1,300 | $5,416 |
Browse Apartments in this Neighborhood
There are currently 32 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. Arbor Pointe has the second lowest priced unit, which is a Studio apartment currently listed from $1,130. Here are the most affordable Spenard apartments for rent in Anchorage, AK:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Castle | Studio small | Studio,1BA | $1,100 |
| Arbor Pointe | Studio | Studio,1BA | $1,130 |
| (44) West Midtown Village | (44) West Midtown Village - 44-31... | 1BR,1BA | $1,150 |
| (39) Camlett | (39) Camlett - 39-29 | 1BR,1BA | $1,250 |
| Nicole Apartments | Flat | 1BR,1BA | $1,325 |
| Terrace on the Lake | Blue Winged Teal | Studio,1BA | $1,370 |
| La Maisonnette | 1BR | 1BR,1BA | $1,495 |
Best Value Apartments for Rent in Spenard, AK
As of August 27, 2026 the best value apartment in the Spenard area is the $1.77 price per square foot Flat Model at Nicole Apartments in the in the Spenard neighborhood starting from $1,325. The second greatest value Spenard apartment is the (44) West Midtown Village - 44-31... Model at (44) West Midtown Village starting at $1,150 with a $1.92 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. |
|---|---|---|---|
| Nicole Apartments | Flat | 1BR,1BA | $1.77 |
| (44) West Midtown Village | (44) West Midtown Village - 44-31... | 1BR,1BA | $1.92 |
| La Maisonnette | 1BR | 1BR,1BA | $2.77 |
| Terrace on the Lake | Blue Winged Teal | Studio ,1BA | $3.04 |
| Arbor Pointe | Studio | Studio ,1BA | $2.69 |
| Castle | Studio X small | Studio ,1BA | $3.48 |
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 $1,150 at (44) West Midtown Village.
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 $1,510 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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
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.
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.
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.