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Cheap Apartments for Rent in Anchorage Borough, AK from $600 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in Anchorage Borough.
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$900 - $1,175Studio to 2 Bedroom Apartments Available Now
Merrill Crossing
1275 E 9th AveAnchorage, AK 99501
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$925 - $1,290Studio to 2 Bedroom Apartments Available Now
Panoramic View
787 Elm StAnchorage, AK 99501
5300 Taku Dr
AnchorageAK99508
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$1,075 - $1,8001 to 3 Bedroom Apartments Contact Us For Availability
Arctic Gardens
7211 Meadow StAnchorage, AK 99507
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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$1,100 - $2,395Studio to 2 Bedroom Apartments Available Oct 8
Creekside Manor
7545 Foxridge WayAnchorage, AK 99518
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$1,125 - $1,250Studio to 1 Bedroom Apartments Available Now
Northwind Apartments
524 E 11th AveAnchorage, AK 99501
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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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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Showing Results 1-32, 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 | $1,307 | $700 | $2,025 |
| Anchorage Borough 1 Bedroom Apartments | $1,636 | $1,050 | $2,917 |
| Anchorage Borough 2 Bedroom Apartments | $1,754 | $1,175 | $3,200 |
| Anchorage Borough 3 Bedroom Apartments | $2,311 | $1,650 | $3,923 |
| Anchorage Borough 4 Bedroom Apartments | $2,050 | $2,050 | $2,050 |
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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. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Loussac Sogn | Studio 1 | Studio,1BA | $700 |
| Merrill Crossing | Studio | Studio,1BA | $900 |
| The Adelaide | Studio | Studio,1BA | $917 |
| Panoramic View | Studio | Studio,1BA | $925 |
| Creekside Manor | Studio | Studio,1BA | $1,100 |
| Castle | Studio X small | Studio,1BA | $1,115 |
| Northwind Apartments | 2nd floor Studio | Studio,1BA | $1,125 |
| Chester Park Estate | 1BD/1BA- Floorplan A | 1BR,1BA | $1,225 |
| Susitna Ridge | Studio | Studio,1BA | $1,245 |
| The Mallary | 2 Bed | 2BR,1BA | $1,250 |
Best Value Apartments for Rent in Anchorage Borough, AK
As of September 21, 2025 the best value apartment in the Anchorage Borough area is the $1.48 price per square foot 2B/2B Model at Mariners View in the in the Government Hill neighborhood starting from $2,100. 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 | $1.48 |
| 1803 Dare Ave, Unit 7 | 1803 Dare Ave | 3BR,1BA | $1.29 |
| Creekside Terrace | CS - 2 Bedroom | 2BR,1BA | $1.38 |
| 15420 Blair View Cir, Unit Studio | 15420 Blair View Cir | 2BR,1BA | $1.58 |
| Stephens Park | 3 Beds | 3BR,2BA | $1.57 |
| The Greenbriar | Two Bedroom | 2BR,1BA | $1.60 |
| Kings Court | Two Bedroom One Bath | 2BR,1BA | $1.54 |
| Hampstead Heath | 2 Bed | 2BR,1BA | $1.61 |
| The Mallary | 2 Bed | 2BR,1BA | $1.59 |
| Northwind Apartments | 2nd floor Studio | Studio ,1BA | $1.73 |
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 Panoramic View which is listed at $1,050, while the average apartment in Anchorage Borough costs $2,300.
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 11 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 $1,088 which is $1,212 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.
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.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.