Cheap Apartments for Rent in the University Area Anchorage, AK from $800 (18 Rentals)

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Search the lowest-cost Apartments available for rent right now in the University Area area of Anchorage.

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3610 E 42nd Cir
1 Bedroom Apartments

3610 E 42nd Cir

3610 E 42nd CirAnchorage, AK 99508
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Colonial Plaza
1 to 3 Bedroom Apartments

Colonial Plaza

5419-5421 E 42nd AveAnchorage, AK 99508
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3500 E 42nd Ave
3 Bedroom Apartments

3500 E 42nd Ave

3500 E 42nd AveAnchorage, AK 99508

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5210 E 22nd Ave
1 Bedroom Apartments

5210 E 22nd Ave

5210 E 22nd AveAnchorage, AK 99508
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2627 Glacier St
Studio Apartments

2627 Glacier St

2627 Glacier StAnchorage, AK 99508
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4235 McLean Pl
1 Bedroom Apartments

4235 McLean Pl

4235 McLean PlAnchorage, AK 99504
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3430 E 42nd Ave
1 to 2 Bedroom Apartments

3430 E 42nd Ave

3430 E 42nd AveAnchorage, AK 99508

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3510 E 42nd Ave
3 Bedroom Apartments

3510 E 42nd Ave

3510 E 42nd AveAnchorage, AK 99508
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6200 E 41st Ct
2 to 3 Bedroom Apartments

6200 E 41st Ct

6200 E 41st CtAnchorage, AK 99504
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5440 E 26th Ave
Studio to 2 Bedroom Apartments

5440 E 26th Ave

5440 E 26th AveAnchorage, AK 99508
  • Utilities Included
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Campbell Creek Manor
1 Bedroom Apartments

Campbell Creek Manor

2660 Happy LnAnchorage, AK 99507
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Tudor East Apartments
1 to 2 Bedroom Apartments

Tudor East Apartments

6135 E Tudor RdAnchorage, AK 99507
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Casablanca Apartments
1 to 3 Bedroom Apartments

Casablanca Apartments

4318-4320 Checkmate DrAnchorage, AK 99508
  • Utilities Included

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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 Studio unit found at College View priced from $1,160. 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 ListingModel NameBed/BathPriced From
College ViewStudioStudio,1BA$1,160
Rancho TudorStudioStudio,1BA$1,225
Ptarmigan MeadowsOne bedroom1BR,1BA$1,264
The GreenbriarStudioStudio,1BA$1,325
Deer ParkTwo Bedroom2BR,1BA$1,600

Best Value Apartments for Rent in University Area, AK

As of April 29, 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 Ptarmigan Meadows starting at $1,264 with a $2.51 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Deer ParkTwo Bedroom2BR,1BA$1.78
Ptarmigan MeadowsOne bedroom1BR,1BA$2.51
Rancho TudorStudioStudio ,1BA$2.66
The GreenbriarStudioStudio ,1BA$3.13
College ViewStudioStudio ,1BA$3.95

Frequently Asked Questions about Cheap University Area Apartments

What is the Cheapest Studio apartment in University Area?

Currently the most affordable Cheap Studio Apartment in University Area is at College View listed at $1,160.

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 $1,539 at The Greenbriar.

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

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.

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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.