Cheap Apartments for Rent in Anchorage Borough, AK from $600 (38 Rentals)

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Search the lowest-cost Apartments available for rent right now in Anchorage Borough.

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North Pointe Apartments
$950 - $1,175
Total Monthly Price

Total Monthly Price

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$950 - $1,175
Total Monthly Price
$950 - $1,175
Studio to 2 Bedroom Apartments Available Now

North Pointe Apartments

905 Richardson Vista RdAnchorage, AK 99501
Senior Living
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Lumen Park Apartments
1 to 2 Bedroom Apartments

Lumen Park Apartments

2778 Lumen Park DrAnchorage, AK 99507
Senior Living

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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West Midtown Pointe
Studio Apartments

West Midtown Pointe

1425 W 27th AveAnchorage, AK 99503
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West Midtown Gardens
Studio to 1 Bedroom Apartments

West Midtown Gardens

1327 W 27th AveAnchorage, AK 99503
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Caswell Court
1 to 2 Bedroom Apartments

Caswell Court

Centennial CirAnchorage, AK 99504
Senior Living
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Mountain View Apartments
1 to 2 Bedroom Apartments

Mountain View Apartments

185 Rideline LoopAnchorage, AK 99508
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West Midtown Place
1 Bedroom Apartments

West Midtown Place

1023 W 26th AveAnchorage, AK 99503
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Northern Lights Manor
1 to 2 Bedroom Apartments

Northern Lights Manor

1353 W 27th AveAnchorage, AK 99503
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Beluga Flats
Studio to 1 Bedroom Apartments

Beluga Flats

13496 Old Seward HwyAnchorage, AK 99515
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West Midtown Village
Studio to 1 Bedroom Apartments

West Midtown Village

1414 W 26th AveAnchorage, AK 99503
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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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Casablanca Apartments
1 to 3 Bedroom Apartments

Casablanca Apartments

4318-4320 Checkmate DrAnchorage, AK 99508
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The Adelaide
Studio to 1 Bedroom Apartments

The Adelaide

201 E 9th AveAnchorage, AK 99501
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2805 W 31st Ave
2 Bedroom Apartments

2805 W 31st Ave

2805 W 31st AveAnchorage, AK 99517
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Country Lane
Studio to 1 Bedroom Apartments

Country Lane

810 E 42nd AveAnchorage, AK 99503
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The Alaskan
Studio to 2 Bedroom Apartments

The Alaskan

102-110 E 11th AveAnchorage, AK 99501
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Continental
Studio to 2 Bedroom Apartments

Continental

3321 Eureka StAnchorage, AK 99503

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.

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Arctic Gardens
1 to 3 Bedroom Apartments

Arctic Gardens

7211 Meadow StAnchorage, AK 99507
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Gill Oscar House
1 Bedroom Apartments

Gill Oscar House

1344 W 10th AveAnchorage, AK 99501
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Cedarwood Apartments
Studio to 1 Bedroom Apartments

Cedarwood Apartments

1336 W 23rd AveAnchorage, AK 99503
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5440 E 26th Ave
Studio to 2 Bedroom Apartments

5440 E 26th Ave

5440 E 26th AveAnchorage, AK 99508
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Arbor Pointe
Studio to 1 Bedroom Apartments

Arbor Pointe

1473 W 25th AveAnchorage, AK 99503
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Conifer Grove
Studio to 3 Bedroom Apartments

Conifer Grove

218 McCarrey StAnchorage, AK 99508
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Strawberry Lane
2 Bedroom Apartments

Strawberry Lane

2100-2110 Strawberry RdAnchorage, AK 99502
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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.

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Nicole Apartments
Studio to 1 Bedroom Apartments

Nicole Apartments

1046 W 26th AveAnchorage, AK 99503
Showing Results 1-38, Page 1 of 1

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. Merrill Crossing in the Government Hill neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here is today’s list of the most affordable Anchorage Borough apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Loussac SognStudio 1Studio,1BA$700
Merrill CrossingStudioStudio,1BA$900
The AdelaideStudioStudio,1BA$917
North Pointe ApartmentsStudioStudio,1BA$950
Panoramic ViewStudioStudio,1BA$975
Country LaneStudioStudio,1BA$1,025
ContinentalStudioStudio,1BA$1,050
CastleStudio X smallStudio,1BA$1,060
Arbor PointeStudioStudio,1BA$1,130
Conifer GroveOne Bedroom Large1BR,1BA$1,182

Best Value Apartments for Rent in Anchorage Borough, AK

As of May 09, 2026 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 525 N Flower St Model at 525 N Flower St, Unit A starting at $1,250 with a $1.14 price per square foot in the Downtown Anchorage neighborhood. Here is today’s list of the best values for Anchorage Borough apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Mariners View2B/2B2BR,2BA$1.41
525 N Flower St, Unit A525 N Flower St2BR,1BA$1.14
1009 E 9th Ave, Unit B1009 E 9th Ave2BR,1BA$1.60
1101 Eagle St3 bed / 1 bath3BR,1BA$1.69
Deer ParkTwo Bedroom2BR,1BA$1.78
Arctic Sun1x1 9001BR,1BA$1.56
Legacy2x12BR,1BA$1.75
Northwind Apartments2nd Floor 1 bedroom1BR,1BA$1.70
Nicole ApartmentsFlat1BR,1BA$1.77
Chester Park Estate1BD/1BA- Floorplan A1BR,1BA$1.83

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 North Pointe Apartments.

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 North Pointe Apartments.

What is the most affordable Anchorage Borough Three Bedroom Apartment?

The best deal on a cheap Anchorage Borough Three Bedroom Apartment rental is at 1101 Eagle St and starts from $1,650.

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

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

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This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.