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$1,140 - $1,460Studio to 2 Bedroom Apartments Available Oct 31
College View
3501 E 42nd AveAnchorage, AK 99508
Cheap Apartments for Rent in the University Area Anchorage, AK from $800 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the University Area area of Anchorage.
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$1,280 - $1,815Studio to 2 Bedroom Apartments Available Now
The Greenbriar
4318 Vance DrAnchorage, AK 99508
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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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Showing Results 1-18, Page 1 of 1
University Area, Anchorage, AK Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in University Area?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Area Studio Apartments | $1,233 | $1,140 | $1,280 |
| University Area 1 Bedroom Apartments | $1,321 | $1,220 | $1,495 |
| University Area 2 Bedroom Apartments | $1,698 | $1,450 | $2,200 |
Browse Apartments in this Neighborhood
There are currently 18 rentals with your search options within a 2 mile radius of the University Area Neighborhood of Anchorage, AK.
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Cheapest Available University Area Apartments for Rent
The cheapest available apartment rental in the University Area area of Anchorage, AK is a 1 Bed unit found at Ptarmigan Meadows priced from $1,264. Rancho Tudor has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,390. Here are the most affordable University Area apartments for rent in Anchorage, AK:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ptarmigan Meadows | One bedroom | 1BR,1BA | $1,264 |
| Rancho Tudor | One Bedroom | 1BR,1BA | $1,390 |
| Deer Park | One Bedroom | 1BR,1BA | $1,410 |
| College View | 2 bedroom | 2BR,1BA | $1,450 |
| The Greenbriar | Two Bedroom | 2BR,1BA | $1,560 |
Best Value Apartments for Rent in University Area, AK
As of October 21, 2025 the best value apartment in the University Area area is the $1.64 price per square foot Two Bedroom Model at The Greenbriar in the in the University Area neighborhood starting from $1,560. The second greatest value University Area apartment is the One Bedroom Model at Deer Park starting at $1,410 with a $2.17 price per square foot in the University Area neighborhood. Here is today’s list of the best values for University Area apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Greenbriar | Two Bedroom | 2BR,1BA | $1.64 |
| Deer Park | One Bedroom | 1BR,1BA | $2.17 |
| Rancho Tudor | One Bedroom | 1BR,1BA | $2.43 |
| Ptarmigan Meadows | One bedroom | 1BR,1BA | $2.51 |
Getting Around the University Area Neighborhood in Anchorage, AK
Walk Score®
47 / 100
Car-Dependent
Most errands require a car
Bike Score®
65 / 100
Bikeable
Some bike infrastructure
Transit Score®
39 / 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 University Area Apartments
What is the lowest price for a Cheap Two Bedroom University Area Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in University Area is starting from $1,450 at College View.
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.