
Cheap Apartments for Rent in Anchorage, KY from $700 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in Anchorage.


Chamberlain Oaks

Sova

Springhurst East Apartments

Heathmoore

Slate Run (KY)

Westport Woods
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.

319 Blair Ct

Champion Farms

Stonewater Apartments

Maple Brook Apartments

Charlestown

District at Hurstbourne

The Station at Middletown

The Louis Apartment Flats
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.

Villas Of Forest Springs

The Heritage by Fairlawn

La Fontenay

The Legends Apartments

Springs At La Grange

The Ivy Apartment Homes

Hurstbourne Estates
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.

Century Belmont Station

Garden Gate Apartments

11613 Main St

12507 Townepark Way

Avoca II

9337 La Grange Rd
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.

12401 Brothers Ave

9612 Westport Rd
Anchorage, KY Local Guide

How much does it cost to rent an apartment in Anchorage?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Anchorage Studio Apartments | $1,093 | $920 | $1,345 |
| Anchorage 1 Bedroom Apartments | $1,258 | $795 | $2,249 |
| Anchorage 2 Bedroom Apartments | $1,547 | $935 | $2,817 |
| Anchorage 3 Bedroom Apartments | $2,040 | $1,200 | $4,837 |
Browse Top Apartments in Anchorage
See all Apartments in AnchorageExplore Anchorage
Anchorage, KY Local Guide
- Nearby Cities
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Cheapest Available Anchorage Apartments for Rent and Nearby
 The cheapest available apartment rental in Anchorage, KY is a Studio unit found at Heathmoore in the Outer East End neighborhood priced from $920. Westport Woods in the Outer East End neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $995. Here is today’s list of the most affordable Anchorage apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Heathmoore | Studio S | Studio,1BA | $920 |
| Westport Woods | 2 Bed 1 Bath | 2BR,1BA | $995 |
| Slate Run (KY) | Studio O | Studio,1BA | $1,020 |
| Champion Farms | 1 Bedroom - Renovated | 1BR,1BA | $1,060 |
| Maple Brook Apartments | A - Aubern | 1BR,1BA | $1,090 |
| Charlestown | 1x1 | 1BR,1BA | $1,096 |
| District at Hurstbourne | 1 Bedroom 1 Bath | 1BR,1BA | $1,099 |
| Villas Of Forest Springs | Vista | 1BR,1BA | $1,175 |
| Stonewater Apartments | BR | 2BR,2BA | $1,185 |
Best Value Apartments for Rent in Anchorage, KY and Nearby
As of October 24, 2025 the best value apartment in the Anchorage area is the $1.41 price per square foot Townhomes Model at Bellingham Park Townhomes - IMMEDIATE MOVE IN in the in the Outer East End neighborhood starting from $2,647. The second greatest value Anchorage apartment is the 2 x 2 Model at Vines at Shelby Crossing starting at $1,279 with a $1.02 price per square foot in the Hurstbourne Acres neighborhood. Here is today’s list of the best values for Anchorage apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Bellingham Park Townhomes - IMMEDIATE MOVE IN | Townhomes | 3BR,2.5BA | $1.41 |
| Vines at Shelby Crossing | 2 x 2 | 2BR,2BA | $1.02 |
| Westport Woods | 2 bed 2 Bath | 2BR,2BA | $1.24 |
| The Legends Apartments | B | 2BR,2BA | $1.24 |
| Stonewater Apartments | BR | 2BR,1BA | $1.18 |
| Champion Farms | 2 Bedroom Garage FPL - Renovated | 2BR,2BA | $1.44 |
| Villas Of Forest Springs | Vista | 1BR,1BA | $1.35 |
| Avoca | 1 Bedroom | 1BR,1BA | $1.40 |
| Charlestown | 1x1 | 1BR,1BA | $1.37 |
| Maple Brook Apartments | A - Aubern | 1BR,1BA | $1.44 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleThe Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters
Learn About the Best Neighborhoods to Rent Near College Campuses in Louisville, KY | Find Louisville Off-Campus Student Housing at ApartmentHomeLiving.com
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Anchorage, KY Rentals by Map
See the most popular apartments and homes in Anchorage, KY
Getting Around Anchorage, KY
Walk Score®
20 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
26 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
10 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Anchorage Apartments
How much is rent for a Cheap One Bedroom Anchorage Apartment?
The lowest price for a Cheap One Bedroom Anchorage Apartment is $970 at Slate Run (KY).
What is the lowest price for a Cheap Two Bedroom Anchorage Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Anchorage is starting from $995 at Westport Woods.
What is the most affordable Anchorage Three Bedroom Apartment?
The best deal on a cheap Anchorage Three Bedroom Apartment rental is at Westport Woods and starts from $1,395.
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.

The 10 Best Affordable Neighborhoods for Renting in Louisville, KY
Written by: Mike Heuer
Louisville, Kentucky, founded in 1778, has grown to be the largest city in Kentucky and is a terrific city situated right along the south bank of the Ohio River.

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.

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.




