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Cheap Apartments for Rent in Anchorage Borough, AK from $600 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in Anchorage Borough.
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from $1,0751 to 3 Bedroom Apartments Contact Us For Availability
Arctic Gardens
7211 Meadow StAnchorage, AK 99507
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from $1,099Studio to 2 Bedroom Apartments Available Now
College View
3501 E 42nd AveAnchorage, AK 99508
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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.
433 E Dowling Rd
AnchorageAK99518
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from $1,175Studio to 2 Bedroom Apartments Available Jun 30
Merrill Crossing
1275 E 9th AveAnchorage, AK 99501
533 Price
AnchorageAK99508
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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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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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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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Showing Results 1-33, Page 1 of 1
Anchorage Borough, AK Local Guide
Rufous hummingbird feeding by USFWS Mountain-Prairie is licensed under CC BY 2.0
How much does it cost to rent an apartment in Anchorage Borough?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Anchorage Borough Studio Apartments | $1,330 | $700 | $2,025 |
| Anchorage Borough 1 Bedroom Apartments | $1,563 | $1,075 | $2,687 |
| Anchorage Borough 2 Bedroom Apartments | $1,720 | $1,000 | $3,200 |
| Anchorage Borough 3 Bedroom Apartments | $2,078 | $1,500 | $4,500 |
| Anchorage Borough 4 Bedroom Apartments | $3,233 | $2,050 | $4,000 |
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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 |
| College View | Studio | Studio,1BA | $1,099 |
| Castle | Studio small | Studio,1BA | $1,125 |
| Kings Court | One Bedroom One Bath | 1BR,1BA | $1,190 |
| City View | Studio | Studio,1BA | $1,220 |
| Chester Park Estate | 1BD/1BA- Floorplan A | 1BR,1BA | $1,225 |
| The Greenbriar | Studio | Studio,1BA | $1,225 |
| The Mallary | 2 Bed | 2BR,1BA | $1,250 |
Best Value Apartments for Rent in Anchorage Borough, AK
As of June 18, 2025 the best value apartment in the Anchorage Borough area is the $1.33 price per square foot 1410 W 27th Ave Model at 1410 W 27th Ave, Unit 3 in the in the Spenard neighborhood starting from $1,595. The second greatest value Anchorage Borough apartment is the 3 Beds Model at Stephens Park starting at $1,875 with a $1.57 price per square foot in the University Area 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. |
|---|---|---|---|
| 1410 W 27th Ave, Unit 3 | 1410 W 27th Ave | 3BR,1BA | $1.33 |
| Stephens Park | 3 Beds | 3BR,2BA | $1.57 |
| 525 N Flower St, Unit A | 525 N Flower St | 2BR,1BA | $1.23 |
| 3928 E 4th Ave, Unit 2 | 3928 E 4th Ave | 2BR,1BA | $1.61 |
| Hampstead Heath | 2 Bed | 2BR,1BA | $1.61 |
| The Mallary | 2 Bed | 2BR,1BA | $1.59 |
| Tudor Park Apartments | 1 bed Bottom | 1BR,1BA | $1.63 |
| Nicole Apartments | Flat | 1BR,1BA | $1.74 |
| Kings Court | One Bedroom One Bath | 1BR,1BA | $1.70 |
| Chester Park Estate | 1BD/1BA- Floorplan A | 1BR,1BA | $1.83 |
Frequently Asked Questions about Cheap Anchorage Borough Apartments
What is a cheap apartment in Anchorage Borough?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Anchorage Borough is under $1,250.
What is the price of a cheap apartment in Anchorage Borough?
The cheapest apartment in Anchorage Borough is College View which is listed at $1,129, while the average apartment in Anchorage Borough costs $3,650.
What types of apartments are the cheapest in Anchorage Borough?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 5 regular apartments in Anchorage Borough that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Anchorage Borough?
Cheap apartments in Anchorage Borough have an average cost of $683 which is $2,967 cheaper than the average rent for all rentals in Anchorage Borough.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.