Cheap Homes for Rent in Anchorage Borough, AK from $1,100 (43 Rentals)

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

property at 1462 W 26th Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

1 Bedroom, 1 Bath Condo for Rent

Available Now

1462 W 26th Ave, Unit 19

1462 W 26th Ave
AnchorageAK99503

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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property at 534 N Bliss St

$1,400 - $1,475

2 Bedroom Rentals

Available Now

534 N Bliss St

AnchorageAK99508

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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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property at 411 Oklahoma St

$1,800 - $1,850

2 Bedroom Rentals

Available Now

411 Oklahoma St

AnchorageAK99504

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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Showing Results 1-43, 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. Panoramic View in the Government Hill neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $925. Here is today’s list of the most affordable Anchorage Borough apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Loussac SognStudio 1Studio,1BA$700
Panoramic ViewStudioStudio,1BA$925
Merrill CrossingStudioStudio,1BA$950
North Pointe Apartments0Studio,1BA$950
1335 Hyder Street1BR/1.0BA1BR,1BA$995
The AdelaideStudioStudio,1BA$1,062
1425 W 40th Ave.1BR/1.0BA1BR,1BA$1,100
Castle Apartment HomesStudio smallStudio,1BA$1,100
Arbor PointeStudioStudio,1BA$1,130
City ViewStudioStudio,1BA$1,145

Best Value Apartments for Rent in Anchorage Borough, AK

As of August 30, 2026 the best value apartment in the Anchorage Borough area is the $1.79 price per square foot Large Two bedroom one bath Model at Montclair in the in the Sand Lake neighborhood starting from $1,700. The second greatest value Anchorage Borough apartment is the 12250 Ellen Ave Model at 12250 Ellen Ave, Unit Apartment 3 starting at $1,700 with a $1.79 price per square foot in the Bayshore 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.
MontclairLarge Two bedroom one bath2BR,1BA$1.79
12250 Ellen Ave, Unit Apartment 312250 Ellen Ave2BR,1BA$1.79
Deer ParkTwo Bedroom2BR,1BA$1.77
Checkmate Plaza2 Beds, 1 Baths2BR,1BA$1.78
1425 W 40th Ave.1BR/1.0BA1BR,1BA$1.38
225 N Park Street - CDY1BR/1.0BA1BR,1BA$1.49
Arctic Sun1x1 8251BR,1BA$1.68
Nicole ApartmentsFlat1BR,1BA$1.77
5453 Camelot Dr, Unit Unit #25453 Camelot Dr1BR,1BA$1.71
Chester Park Estates1BD/1BA- Floorplan A1BR,1BA$1.83

Frequently Asked Questions about Anchorage Borough

What type of rentals are currently available in Anchorage Borough?

There are currently 647 Apartments for Rent in Anchorage Borough, AK with pricing that ranges from $700 to $5,416. There are also 139 Single Family Homes for rent, Condos, and Townhome rentals currently available in Anchorage Borough ranging from $1,100 to $5,000.

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 $1,100 to $5,000 with an average monthly rent of $2,569.

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 $1,800 to $3,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $4,250. Four Bedroom Single-Family rentals are also available starting from $2,800 and Four Bedroom Apartments start at $2,795.

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 Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.