Cheap Homes for Rent in Anchorage Borough, AK from $800 (29 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article

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.

Read Article

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.

Read Article
Showing Results 1-29, 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 The Adelaide in the Government Hill neighborhood priced from $865. Panoramic View in the Government Hill neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $970. Here is today’s list of the most affordable Anchorage Borough apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The AdelaideStudioStudio,1BA$865
Panoramic ViewStudioStudio,1BA$970
Country LaneStudioStudio,1BA$1,025
CastleStudio X smallStudio,1BA$1,100
Northwind Apartments2nd floor StudioStudio,1BA$1,125
College ViewStudioStudio,1BA$1,160
The Village at Calais1x11BR,1BA$1,185
Chester Park Estate1BD/1BA- Floorplan A1BR,1BA$1,225
Rancho TudorStudioStudio,1BA$1,225

Best Value Apartments for Rent in Anchorage Borough, AK

As of December 25, 2025 the best value apartment in the Anchorage Borough area is the $1.47 price per square foot 7001 Sherwood Ave Model at 7001 Sherwood Ave, Unit Unit 2 in the in the Downtown Anchorage neighborhood starting from $2,200. The second greatest value Anchorage Borough apartment is the 2B/2B Model at Mariners View starting at $2,000 with a $1.41 price per square foot in the Government Hill 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.
7001 Sherwood Ave, Unit Unit 27001 Sherwood Ave2BR,1BA$1.47
Mariners View2B/2B2BR,2BA$1.41
12107 Horseshoe Dr, Unit Unit 112107 Horseshoe Dr1BR,1BA$1.69
1803 Dare Ave, Unit 71803 Dare Ave3BR,1BA$1.29
Creekside TerraceCS - 2 Bedroom2BR,1BA$1.38
The GlenTwo Bedroom2BR,1BA$1.74
Kings CourtTwo Bedroom One Bath2BR,1BA$1.66
Green Tree Apartments1 bedroom bottom1BR,1BA$1.73
Nicole ApartmentsFlat1BR,1BA$1.70
Northwind Apartments2nd floor StudioStudio ,1BA$1.73

Frequently Asked Questions about Anchorage Borough

What type of rentals are currently available in Anchorage Borough?

There are currently 639 Apartments for Rent in Anchorage Borough, AK with pricing that ranges from $750 to $5,374. There are also 117 Single Family Homes for rent, Condos, and Townhome rentals currently available in Anchorage Borough ranging from $800 to $8,500.

What is the current price range for Rental Homes in Anchorage Borough?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Anchorage Borough ranges from $800 to $8,500 with an average monthly rent of $2,815.

How much are larger Three and Four Bedroom Rentals in Anchorage Borough?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Anchorage Borough range from $1,650 to $5,374, while Three Bedroom Homes, Condos, and Townhomes for rent range from $975 to $3,400. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $2,050.

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

decorative image for How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips article

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!