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$1,160 - $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 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the University Area area of Anchorage.
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$1,280 - $1,640Studio to 2 Bedroom Apartments Available Now
The Greenbriar
4318 Vance DrAnchorage, AK 99508
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1 to 3 Bedroom Apartments
Colonial Plaza
5419-5421 E 42nd AveAnchorage, AK 99508
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2 Bedroom Apartments
Great 2 bed 1 bath apt at excellent location
3816 Baxter RdAnchorage, AK 99504
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1 Bedroom Apartments
3610 E 42nd Cir
3610 E 42nd CirAnchorage, AK 99508
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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.
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1 to 2 Bedroom Apartments
Ptarmigan Meadows II
5301 E 26th AveAnchorage, AK 99508
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1 Bedroom Apartments
5210 E 22nd Ave
5210 E 22nd AveAnchorage, AK 99508
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Studio Apartments
2627 Glacier St
2627 Glacier StAnchorage, AK 99508
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1 to 2 Bedroom Apartments
5223-5233 E 24th Ave
5223-5233 E 24th AveAnchorage, AK 99508
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1 Bedroom Apartments
4235 McLean Pl
4235 McLean PlAnchorage, AK 99504
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1 to 2 Bedroom Apartments
3430 E 42nd Ave
3430 E 42nd 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.
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3 Bedroom Apartments
3510 E 42nd Ave
3510 E 42nd AveAnchorage, AK 99508
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2 to 3 Bedroom Apartments
6200 E 41st Ct
6200 E 41st CtAnchorage, AK 99504
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2 Bedroom Apartments
3400 E 42nd Ave
3400 E 42nd AveAnchorage, AK 99508
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1 Bedroom Apartments
4308 Baxter Rd
4308 Baxter RdAnchorage, AK 99504
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2 Bedroom Apartments
3325 Boniface Pky
3325 Boniface PkyAnchorage, AK 99504
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Studio Apartments
2429 Forget Me Not Ln
2429 Forget Me Not LnAnchorage, 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.
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1 Bedroom Apartments
5215 E 26th Ave
5215 E 26th AveAnchorage, AK 99508
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2 to 3 Bedroom Apartments
2232 Maudest Pl
2232 Maudest PlAnchorage, AK 99508
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Studio to 2 Bedroom Apartments
5440 E 26th Ave
5440 E 26th AveAnchorage, AK 99508
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1 to 2 Bedroom Apartments
Tudor East Apartments
6135 E Tudor RdAnchorage, AK 99507
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1 Bedroom Apartments
Campbell Creek Manor
2660 Happy LnAnchorage, AK 99507
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1 to 3 Bedroom Apartments
Casablanca Apartments
4318-4320 Checkmate DrAnchorage, AK 99508
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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1 to 3 Bedroom Apartments
Checkmate Plaza
3410 Boniface PkyAnchorage, AK 99504
Showing Results 1-25, 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 | $1,220 | $1,160 | $1,280 |
| University Area 1 Bedroom Apartments | $1,371 | $1,220 | $1,540 |
| University Area 2 Bedroom Apartments | $1,534 | $1,460 | $1,620 |
| University Area 3 Bedroom Apartments | $2,466 | $2,300 | $2,700 |
Browse Apartments in this Neighborhood
There are currently 25 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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| College View | Studio | Studio,1BA | $1,160 |
| Rancho Tudor | Studio | Studio,1BA | $1,225 |
| Ptarmigan Meadows | One bedroom | 1BR,1BA | $1,264 |
| The Greenbriar | Studio | Studio,1BA | $1,280 |
| Deer Park | One Bedroom | 1BR,1BA | $1,365 |
Best Value Apartments for Rent in University Area, AK
As of January 21, 2026 the best value apartment in the University Area area is the $2.10 price per square foot One Bedroom Model at Deer Park in the in the University Area neighborhood starting from $1,365. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Deer Park | One Bedroom | 1BR,1BA | $2.10 |
| Ptarmigan Meadows | One bedroom | 1BR,1BA | $2.51 |
| Rancho Tudor | Studio | Studio ,1BA | $2.66 |
| The Greenbriar | Studio | Studio ,1BA | $3.03 |
| College View | Studio | Studio ,1BA | $3.95 |
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
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.
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!