Cheap Homes for Rent in Anchorage Borough, AK from $1,100 (36 Rentals)

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

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.

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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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property at 1200 I St

1200 I St

AnchorageAK99501

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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Showing Results 1-36, 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 Merrill Crossing in the Government Hill neighborhood priced from $900. 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
Merrill CrossingStudioStudio,1BA$900
Panoramic ViewStudioStudio,1BA$970
The AdelaideStudioStudio,1BA$1,011
Northwind Apartments2nd floor StudioStudio,1BA$1,125
Chester Park Estate1BD/1BA- Floorplan A1BR,1BA$1,225
The Mallary2 Bed2BR,1BA$1,250
McKinley Tower ApartmentsUnit C One Bedroom1BR,1BA$1,275
ReNew End StreetAspen1BR,1BA$1,285
Hampstead Heath2 Bed2BR,1BA$1,285
Castle1x1 x small1BR,1BA$1,290

Best Value Apartments for Rent in Anchorage Borough, AK

As of August 11, 2025 the best value apartment in the Anchorage Borough area is the $1.54 price per square foot 1404 E 11th Ave Model at 1404 E 11th Ave, Unit B in the in the Government Hill neighborhood starting from $2,150. The second greatest value Anchorage Borough apartment is the 1402 W 27th Ave Model at 1402 W 27th Ave, Unit 8 starting at $1,595 with a $1.33 price per square foot in the Spenard 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.
1404 E 11th Ave, Unit B1404 E 11th Ave3BR,1BA$1.54
1402 W 27th Ave, Unit 81402 W 27th Ave3BR,1BA$1.33
Stephens Park2 Bed2BR,1BA$1.56
The GreenbriarTwo Bedroom2BR,1BA$1.57
917 E 46th Ct, Unit C917 E 46th Ct2BR,1BA$1.61
AlpineTwo Bedroom2BR,1BA$1.74
Hampstead Heath2 Bed2BR,1BA$1.61
The Mallary2 Bed2BR,1BA$1.59
Nicole ApartmentsFlat1BR,1BA$1.74
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 609 Apartments for Rent in Anchorage Borough, AK with pricing that ranges from $900 to $3,200. There are also 112 Single Family Homes for rent, Condos, and Townhome rentals currently available in Anchorage Borough ranging from $1,150 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 $1,150 to $8,500 with an average monthly rent of $2,673.

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 $1,595 to $2,860, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $5,880. Four Bedroom Single-Family rentals are also available starting from $2,600 and Four Bedroom Apartments start at $2,050.

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.