3310 Boniface Pkwy
AnchorageAK99504
Cheap Homes for Rent in University Area Anchorage, AK from $1,200 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the University Area area of Anchorage.
4511 Folker St
AnchorageAK99507
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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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6329 E 32nd Ave
AnchorageAK99504
3721 Gardner St
AnchorageAK99508
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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University Area, Anchorage, AK Local Guide
Copyright CoStar Group, Inc
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 | $2,121 | $1,250 | $2,800 |
| University Area 3 Bedroom Homes for Rent | $2,983 | $2,400 | $3,300 |
| University Area 4 Bedroom Homes for Rent | $4,200 | $3,900 | $4,500 |
Browse Homes for Rent in this Neighborhood
There are currently 6 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 Rancho Tudor priced from $1,225. Ptarmigan Meadows has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,264. Here are the most affordable University Area apartments for rent in Anchorage, AK:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rancho Tudor | Studio | Studio,1BA | $1,225 |
| Ptarmigan Meadows | One bedroom | 1BR,1BA | $1,264 |
| Deer Park | One Bedroom | 1BR,1BA | $1,350 |
Best Value Apartments for Rent in University Area, AK
As of December 07, 2025 the best value apartment in the University Area area is the $2.52 price per square foot 2 Bedroom Townhome Model at Ptarmigan Meadows in the in the University Area neighborhood starting from $2,099. The second greatest value University Area apartment is the One Bedroom Model at Deer Park starting at $1,350 with a $2.08 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. |
|---|---|---|---|
| Ptarmigan Meadows | 2 Bedroom Townhome | 2BR,1BA | $2.52 |
| Deer Park | One Bedroom | 1BR,1BA | $2.08 |
| The Greenbriar | One Bedroom | 1BR,1BA | $2.41 |
| College View | 2 bedroom | 2BR,1BA | $2.54 |
| Rancho Tudor | Studio | Studio ,1BA | $2.66 |
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 $1,160 to $2,700. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Area ranging from $1,250 to $4,500.
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 $1,250 to $4,500 with an average monthly rent of $2,701.
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.
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!
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.