3009 W 33rd Ave
AnchorageAK99517
Cheap Homes for Rent in Spenard Neighborhood of Anchorage, AK from $1,300 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Spenard area of Anchorage.
1509 W 45th Ave
AnchorageAK99503
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.
816 W 23rd Ave
AnchorageAK99503
5303 Eielson St
AnchorageAK99518
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.
2908 W 32nd Ave
AnchorageAK99517
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Spenard, Anchorage, AK Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent a home in Spenard?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Spenard 2 Bedroom Homes for Rent | $1,566 | $1,350 | $1,900 |
| Spenard 3 Bedroom Homes for Rent | $2,141 | $1,425 | $2,800 |
| Spenard 4 Bedroom Homes for Rent | $3,300 | $3,300 | $3,300 |
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.
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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 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 December 14, 2025 the best value apartment in the Spenard area is the $2.05 price per square foot 1493 W 40th Ave Model at 1493 W 40th Ave, Unit #1493 in the in the Spenard neighborhood starting from $2,750. The second greatest value Spenard apartment is the 2908 W 32nd Ave Model at 2908 W 32nd Ave, Unit 2 starting at $1,900 with a $1.81 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. |
|---|---|---|---|
| 1493 W 40th Ave, Unit #1493 | 1493 W 40th Ave | 3BR,2BA | $2.05 |
| 2908 W 32nd Ave, Unit 2 | 2908 W 32nd Ave | 2BR,1BA | $1.81 |
| 4404 Forrest Rd, Unit 2 | 4404 Forrest Rd | 2BR,1BA | $1.56 |
| 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 |
| Arbor Pointe | Studio | Studio ,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 Spenard
What type of rentals are currently available in Spenard?
There are currently 95 Apartments for Rent in Spenard, AK with pricing that ranges from $750 to $2,750. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in Spenard ranging from $1,350 to $3,300.
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 $1,350 to $3,300 with an average monthly rent of $2,089.
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
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!
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.