Cheap Apartments for Rent in Anchorage, KY from $800 (42 Rentals)

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

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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Avoca II
$1,188 - $1,885
Total Monthly Price

Total Monthly Price

Base Rent
$1,188 - $1,885
Total Monthly Price
$1,188 - $1,885
1 to 3 Bedroom Apartments Available Now

Avoca II

1453 Avoca Ridge DrLouisville, KY 40223
Family Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour

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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Garden Gate Apartments
Rent Specials
$1,250 - $1,450
Total Monthly Price

Total Monthly Price

Base Rent
$1,250 - $1,450
Total Monthly Price
$1,250 - $1,450
1 to 2 Bedroom Apartments Available Aug 15

Garden Gate Apartments

11803 Duane Point CirLouisville, KY 40243
Family Friendly
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  • Customer Reviewed
  • Utilities Included
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Avoca
$1,298 - $2,082
Total Monthly Price

Total Monthly Price

Base Rent
$1,298 - $2,082
Total Monthly Price
$1,298 - $2,082
1 to 3 Bedroom Apartments Available Now

Avoca

1405 Avoca Ridge DrLouisville, KY 40223
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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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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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Middletown Apartments
1 to 3 Bedroom Apartments

Middletown Apartments

13730 Poplar Leaf WayLouisville, KY 40223
  • Utilities Included
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Meridian On Shelbyville
1 to 2 Bedroom Apartments

Meridian On Shelbyville

12900 Observation CirLouisville, KY 40243
  • Utilities Included

Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers

Stop driving and start living! We highlight the best Louisville neighborhoods—from Beechmont to Audubon Park—with great rentals near top job providers.

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Showing Results 1-42, Page 1 of 1

Anchorage, KY Local Guide

Cheapest Available Anchorage Apartments for Rent and Nearby

 

The cheapest available apartment rental in Anchorage, KY is a 1 Bed unit found at Vines at Shelby Crossing in the Hurstbourne Acres neighborhood priced from $899. Slate Run (KY) in the Langdon Place neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $945. Here is today’s list of the most affordable Anchorage apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Vines at Shelby Crossing1 x 11BR,1BA$899
Slate Run (KY)One Bed One Bath Standard1BR,1BA$945
HeathmooreOne Bed One Bath Standard1BR,1BA$995
Sova1 Bedroom1BR,1BA$999
Springs At La GrangeStudio Grand CourtyardStudio,1BA$1,000
Maple Brook ApartmentsA - Aubern1BR,1BA$1,023
Springhurst East Apartments2 Bedroom 1 Bathroom Large2BR,1BA$1,046
Vetra Hurstbourne2 Bedroom 2 Bath2BR,2BA$1,079
Westport Woods2 Bed 1 Bath2BR,1BA$1,100
Terraces at Forest SpringsSunflower1BR,1BA$1,104

Best Value Apartments for Rent in Anchorage, KY and Nearby

As of June 09, 2026 the best value apartment in the Anchorage area is the $1.24 price per square foot 3 Bedroom 2 Bath Model at District at Hurstbourne in the in the Hurstbourne Acres neighborhood starting from $1,609. The second greatest value Anchorage apartment is the 2x1.5 Townhome Model at Charlestown starting at $1,517 with a $1.26 price per square foot in the Outer East End neighborhood. Here is today’s list of the best values for Anchorage apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
District at Hurstbourne3 Bedroom 2 Bath3BR,2BA$1.24
Charlestown2x1.5 Townhome2BR,1.5BA$1.26
Stonewater ApartmentsB4R2BR,2.5BA$1.32
Villas Of Forest SpringsTuscany2BR,2BA$1.26
Westport Woods2 bed 2 Bath2BR,2BA$1.24
Springhurst East Apartments2 Bedroom 1 Bathroom Large2BR,1BA$1.11
The Legends ApartmentsA21BR,1BA$1.47
Vines at Shelby Crossing1 x 11BR,1BA$1.06
Terraces at Forest SpringsSunflower1BR,1BA$1.31
Maple Brook ApartmentsA - Aubern1BR,1BA$1.35

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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The 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

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 $899 at Vines at Shelby Crossing.

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 $1,046 at Springhurst East Apartments.

What is the most affordable Anchorage Three Bedroom Apartment?

The best deal on a cheap Anchorage Three Bedroom Apartment rental is at Vines at Shelby Crossing and starts from $1,379.

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.

Helpful Local Expert Guides

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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.

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The Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters

Written by: Mike Heuer

Louisville is a terrific location to get an advanced education at one of its many great colleges and universities.

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Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers

Written by: Mike Heuer

Kentucky is a business-friendly commonwealth, and Louisville is its largest city. It also is home to many great employers who pay well, and their workers have lots of great choices in neighborhoods to rent great apartments.

Articles, How-To's, and Tips

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.