Cheap Apartments for Rent in Anchorage, KY from $800 (35 Rentals)

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

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

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.

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.

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.

close
View Me
Heathmoore
Studio Apartments

Heathmoore

11559 Ford PlLouisville, KY 40241
close
View Me
Meridian On Shelbyville
1 to 2 Bedroom Apartments

Meridian On Shelbyville

12900 Observation CirLouisville, KY 40243
  • Utilities Included
close
View Me
Middletown Apartments
3 Bedroom Apartments

Middletown Apartments

13730 Poplar Leaf WayLouisville, KY 40223
  • Utilities Included

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.

Anchorage, KY Local Guide

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 $894. Sova in the Outer East End neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,049. Here is today’s list of the most affordable Anchorage apartments for rent:

Apartment ListingModel NameBed/BathPriced From
HeathmooreStudioStudio,1BA$894
Sova1 Bedroom1BR,1BA$1,049
La Fontenay1x11BR,1BA$1,070
Springs At La GrangeStudio Grand CourtyardStudio,1BA$1,080
District at Hurstbourne1 Bedroom 1 Bath1BR,1BA$1,099
Villas Of Forest SpringsVista1BR,1BA$1,175
Maple Brook ApartmentsA - Aubern1BR,1BA$1,185
Springhurst East Apartments2 Bedroom Gold Premium2BR,1BA$1,195
The Lory of LouisvilleThe Shelby1BR,1BA$1,204
Avoca II1 Bedroom1BR,1BA$1,205

Best Value Apartments for Rent in Anchorage, KY and Nearby

As of August 11, 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 3 Bedroom Model at Avoca starting at $1,619 with a $1.29 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.
Bellingham Park Townhomes - IMMEDIATE MOVE INTownhomes3BR,2.5BA$1.41
Avoca3 Bedroom3BR,2BA$1.29
Vines at Shelby Crossing2 x 22BR,2BA$1.02
Claiborne Crossing ApartmentsChurchill2BR,2BA$1.43
Westport Woods2 bed 2 bath2BR,2BA$1.24
Garden Gate ApartmentsUpgraded - 2bd/2ba2BR,2BA$1.48
Brookview at MiddletownA2U1BR,1BA$1.36
Springhurst East Apartments2 Bedroom Gold Premium2BR,1BA$1.26
Villas Of Forest SpringsVista1BR,1BA$1.35
La Fontenay1x11BR,1BA$1.37

Quick 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.

decorative image of people with a giant lease agreement

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

Explore Anchorage, KY Rentals by Map

View Map
Anchorage, KY Apartments Map
View Map
Anchorage, KY Rental Homes Map

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

Frequently Asked Questions about Cheap Anchorage Apartments

What is the Cheapest Studio apartment in Anchorage?

Currently the most affordable Cheap Studio Apartment in Anchorage is at Heathmoore listed at $894.

How much is rent for a Cheap One Bedroom Anchorage Apartment?

The lowest price for a Cheap One Bedroom Anchorage Apartment is $1,049 at Sova.

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 $1,099 at La Fontenay.

What is the most affordable Anchorage Three Bedroom Apartment?

The best deal on a cheap Anchorage Three Bedroom Apartment rental is at Avoca II and starts from $1,471.

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 10 Best Affordable Neighborhoods for Renting in Louisville, KY article

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.

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.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

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.