close
View Me
$1,170 - $1,460Studio to 2 Bedroom Apartments Available Now
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.
close
View Me
$1,325 - $1,705Studio to 2 Bedroom Apartments Available Now
The Greenbriar
4318 Vance DrAnchorage, AK 99508
close
View Me
1 Bedroom Apartments
3610 E 42nd Cir
3610 E 42nd CirAnchorage, AK 99508
close
View Me
2 Bedroom Apartments
Great 2 bed 1 bath apt at excellent location
3816 Baxter RdAnchorage, AK 99504
close
View Me
1 to 3 Bedroom Apartments
Colonial Plaza
5419-5421 E 42nd AveAnchorage, AK 99508
close
View Me
3 Bedroom Apartments
3500 E 42nd Ave
3500 E 42nd AveAnchorage, AK 99508
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.
close
View Me
1 to 2 Bedroom Apartments
Ptarmigan Meadows II
5301 E 26th AveAnchorage, AK 99508
close
View Me
1 Bedroom Apartments
5210 E 22nd Ave
5210 E 22nd AveAnchorage, AK 99508
close
View Me
Studio Apartments
2627 Glacier St
2627 Glacier StAnchorage, AK 99508
close
View Me
1 Bedroom Apartments
4235 McLean Pl
4235 McLean PlAnchorage, AK 99504
close
View Me
1 to 2 Bedroom Apartments
3430 E 42nd Ave
3430 E 42nd AveAnchorage, AK 99508
close
View Me
1 to 2 Bedroom Apartments
5223-5233 E 24th Ave
5223-5233 E 24th AveAnchorage, AK 99508
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.
close
View Me
3 Bedroom Apartments
3510 E 42nd Ave
3510 E 42nd AveAnchorage, AK 99508
close
View Me
2 to 3 Bedroom Apartments
6200 E 41st Ct
6200 E 41st CtAnchorage, AK 99504
close
View Me
Studio to 2 Bedroom Apartments
5440 E 26th Ave
5440 E 26th AveAnchorage, AK 99508
close
View Me
1 Bedroom Apartments
Campbell Creek Manor
2660 Happy LnAnchorage, AK 99507
close
View Me
1 to 2 Bedroom Apartments
Tudor East Apartments
6135 E Tudor RdAnchorage, AK 99507
close
View Me
1 to 3 Bedroom Apartments
Casablanca Apartments
4318-4320 Checkmate DrAnchorage, AK 99508
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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 | $1,221 | $1,170 | $1,325 |
| University Area 1 Bedroom Apartments | $1,382 | $1,220 | $1,565 |
| University Area 2 Bedroom Apartments | $1,555 | $1,460 | $1,625 |
| University Area 3 Bedroom Apartments | $2,300 | $2,300 | $2,300 |
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.
See all Apartments in AnchorageExplore Anchorage
Let everyone know!
Do you know the University Area area?
If you’re an expert on all things University Area, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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 College View priced from $1,220. Rancho Tudor has the second lowest priced unit, which is a Studio apartment currently listed from $1,225. Here are the most affordable University Area apartments for rent in Anchorage, AK:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| College View | 1 bedroom | 1BR,1BA | $1,220 |
| Rancho Tudor | Studio | Studio,1BA | $1,225 |
| Ptarmigan Meadows | One bedroom | 1BR,1BA | $1,264 |
| Deer Park | One Bedroom | 1BR,1BA | $1,405 |
| The Greenbriar | One Bedroom | 1BR,1BA | $1,535 |
Best Value Apartments for Rent in University Area, AK
As of March 14, 2026 the best value apartment in the University Area area is the $1.78 price per square foot Two Bedroom Model at Deer Park in the in the University Area neighborhood starting from $1,600. The second greatest value University Area apartment is the One Bedroom Model at The Greenbriar starting at $1,535 with a $2.52 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. |
|---|---|---|---|
| Deer Park | Two Bedroom | 2BR,1BA | $1.78 |
| The Greenbriar | One Bedroom | 1BR,1BA | $2.52 |
| Ptarmigan Meadows | One bedroom | 1BR,1BA | $2.51 |
| Rancho Tudor | Studio | Studio ,1BA | $2.66 |
| College View | 1 bedroom | 1BR,1BA | $2.81 |
Frequently Asked Questions about Cheap University Area Apartments
How much is rent for a Cheap One Bedroom University Area Apartment?
The lowest price for a Cheap One Bedroom University Area Apartment is $1,220 at College View.
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 $1,460 at College View.
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.