3310 Boniface Pky
AnchorageAK99504
Cheap Homes for Rent in the University Area Anchorage, AK from $1,350 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the University Area area of Anchorage.
3350 Boniface Pkwy
AnchorageAK99504
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
3310 Boniface Pkwy
AnchorageAK99504
4731 Mills Dr
AnchorageAK99508
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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University Area, Anchorage, AK Local Guide
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How much does it cost to rent a home in University Area?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Area 2 Bedroom Homes for Rent | $2,031 | $1,600 | $2,495 |
| University Area 4 Bedroom Homes for Rent | $3,200 | $3,200 | $3,200 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the University Area Neighborhood of Anchorage, AK.
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Best Value Apartments for Rent in University Area, AK
As of September 05, 2026 the best value apartment in the University Area area is the $1.78 price per square foot 2 Beds, 1 Baths Model at Checkmate Plaza in the in the University Area neighborhood starting from $1,600. The second greatest value University Area apartment is the Two Bedroom Model at Rancho Tudor starting at $1,650 with a $1.92 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. |
|---|---|---|---|
| Checkmate Plaza | 2 Beds, 1 Baths | 2BR,1BA | $1.78 |
| Rancho Tudor | Two Bedroom | 2BR,1BA | $1.92 |
| Deer Park | One Bedroom | 1BR,1BA | $2.14 |
| The Greenbriar | Studio | Studio ,1BA | $3.49 |
| College View | Studio | Studio ,1BA | $3.93 |
Frequently Asked Questions about University Area
What type of rentals are currently available in University Area?
There are currently 38 Apartments for Rent in University Area, AK with pricing that ranges from $1,155 to $3,100. There are also 7 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Area ranging from $1,350 to $3,200.
What is the current price range for Rental Homes in University Area?
Today's rental pricing for Homes for Rent, Condos and Townhomes in University Area ranges from $1,350 to $3,200 with an average monthly rent of $1,888.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.