
Cheap Homes for Rent in Spenard Neighborhood of Anchorage, AK from $900 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Spenard area of Anchorage.


3103 W 33rd Ave
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.

3105 W 33rd Ave

3081 Lois Dr
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.

1808 Cleveland Ave
Spenard, Anchorage, AK Local Guide

How much does it cost to rent a home in Spenard?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Spenard 2 Bedroom Homes for Rent | $2,000 | $2,000 | $2,000 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Spenard Neighborhood of Anchorage, AK.
Explore Anchorage
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 X small | Studio,1BA | $1,100 |
| Arbor Pointe | Studio | Studio,1BA | $1,130 |
| Terrace on the Lake | Blue Winged Teal | Studio,1BA | $1,360 |
Best Value Apartments for Rent in Spenard, AK
As of March 20, 2026 the best value apartment in the Spenard area is the $2.69 price per square foot 1BR Model at La Maisonnette in the in the Spenard neighborhood starting from $1,450. The second greatest value Spenard apartment is the Blue Winged Teal Model at Terrace on the Lake starting at $1,360 with a $3.02 price per square foot in the Sand Lake 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. |
|---|---|---|---|
| La Maisonnette | 1BR | 1BR,1BA | $2.69 |
| Terrace on the Lake | Blue Winged Teal | Studio ,1BA | $3.02 |
| Arbor Pointe | Studio | Studio ,1BA | $2.69 |
| Castle | Studio X small | Studio ,1BA | $3.33 |
Frequently Asked Questions about Spenard
What type of rentals are currently available in Spenard?
There are currently 87 Apartments for Rent in Spenard, AK with pricing that ranges from $1,205 to $2,795. There are also 5 Single Family Homes for rent, Condos, and Townhome rentals currently available in Spenard ranging from $950 to $2,000.
What is the current price range for Rental Homes in Spenard?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Spenard ranges from $950 to $2,000 with an average monthly rent of $1,608.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.