3350 Boniface Pkwy
AnchorageAK99504
Cheap Homes for Rent in University Area Anchorage, AK from $1,100 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the University Area area of Anchorage.
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.
3310 Boniface Pkwy
AnchorageAK99504
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
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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 | $2,187 | $1,250 | $2,900 |
| University Area 3 Bedroom Homes for Rent | $2,850 | $2,400 | $3,300 |
Browse Homes for Rent in this Neighborhood
There are currently 2 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 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 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 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Area ranging from $1,150 to $3,300.
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 $1,150 to $3,300 with an average monthly rent of $2,112.
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
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.
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.