Cheap Apartments for Rent in Anchorage Borough, AK from $600 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in Anchorage Borough.

1140 Cousy Lp

23107 Barbara St

Panoramic View

McKinley Tower Apartments

Arctic Gardens

Creekside Manor
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.

Northwind Apartments

433 E Dowling Rd

3400 Eureka St

College View
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.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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.
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.
Anchorage Borough, AK Local Guide

How much does it cost to rent an apartment in Anchorage Borough?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Anchorage Borough Studio Apartments | $1,284 | $700 | $2,025 |
| Anchorage Borough 1 Bedroom Apartments | $1,546 | $1,050 | $2,917 |
| Anchorage Borough 2 Bedroom Apartments | $1,777 | $758 | $3,215 |
| Anchorage Borough 3 Bedroom Apartments | $2,246 | $1,600 | $4,111 |
| Anchorage Borough 4 Bedroom Apartments | $3,294 | $2,050 | $5,232 |
Browse Apartments in Anchorage Borough
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Cheapest Available Anchorage Borough Apartments for Rent
 The cheapest available apartment rental in Anchorage Borough, AK is a Studio unit found at Loussac Sogn in the Government Hill neighborhood priced from $700. The Adelaide in the Government Hill neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $917. Here is today’s list of the most affordable Anchorage Borough apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Loussac Sogn | Studio 1 | Studio,1BA | $700 |
| The Adelaide | Studio | Studio,1BA | $917 |
| Panoramic View | Studio | Studio,1BA | $925 |
| McKinley Tower Apartments | Unit J Studio | Studio,1BA | $1,010 |
| Country Lane | Studio | Studio,1BA | $1,050 |
| Castle | Studio X small | Studio,1BA | $1,100 |
| The Outlook Apartments | Studio Apartment | Studio,1BA | $1,120 |
| Northwind Apartments | 2nd floor Studio | Studio,1BA | $1,125 |
| The Village at Calais | 1x1 | 1BR,1BA | $1,185 |
| Nicole Apartments | Studio | Studio,1BA | $1,205 |
Best Value Apartments for Rent in Anchorage Borough, AK
As of November 06, 2025 the best value apartment in the Anchorage Borough area is the $1.41 price per square foot 2B/2B Model at Mariners View in the in the Government Hill neighborhood starting from $2,000. The second greatest value Anchorage Borough apartment is the 1803 Dare Ave Model at 1803 Dare Ave, Unit 7 starting at $1,650 with a $1.29 price per square foot in the Old Seward Oceanview neighborhood. Here is today’s list of the best values for Anchorage Borough apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Mariners View | 2B/2B | 2BR,2BA | $1.41 |
| 1803 Dare Ave, Unit 7 | 1803 Dare Ave | 3BR,1BA | $1.29 |
| Stephens Park | 2 Bed | 2BR,1BA | $1.56 |
| The Greenbriar | Two Bedroom | 2BR,1BA | $1.64 |
| 3921 Peterkin Ave, Unit 4 | 3921 Peterkin Ave | 2BR,1BA | $1.63 |
| Arctic Sun | 2x1 900 | 2BR,1BA | $1.74 |
| Green Tree Apartments | 2 bedroom 1st floor | 2BR,1BA | $1.63 |
| Hampstead Heath | 2 Bed | 2BR,1BA | $1.61 |
| Nicole Apartments | Flat | 1BR,1BA | $1.74 |
| Northwind Apartments | 2nd floor Studio | Studio ,1BA | $1.73 |
Frequently Asked Questions about Cheap Anchorage Borough Apartments
What is the Cheapest Studio apartment in Anchorage Borough?
Currently the most affordable Cheap Studio Apartment in Anchorage Borough is at Loussac Sogn listed at $700.
How much is rent for a Cheap One Bedroom Anchorage Borough Apartment?
The lowest price for a Cheap One Bedroom Anchorage Borough Apartment is $1,050 at Panoramic View.
What is the lowest price for a Cheap Two Bedroom Anchorage Borough Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Anchorage Borough is starting from $1,175 at Panoramic View.
What is the most affordable Anchorage Borough Three Bedroom Apartment?
The best deal on a cheap Anchorage Borough Three Bedroom Apartment rental is at Brighton Park and starts from $1,949.
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.

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.





























