Cheap Apartments for Rent near Anderson, AK from $1,100 (30 Rentals)

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

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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3483 Rewak Dr
$1,395 - $2,695Studio to 3 Bedroom Apartment Available Sep 15

3483 Rewak Dr

3483 Rewak DrFairbanks, AK 99709
Furnished
  • Smoke Free

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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property at 3273 Cache Way

$1,250 - $1,750

1 To 2 Bedroom Rentals

Available Now

3273 Cache Way

North PoleAK99705
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649 Jennie Ln
$1,600
Total Monthly Price

Total Monthly Price

Base Rent
$1,600
Total Monthly Price
$1,600
2 Bedroom Apartments Available Now

649 Jennie Ln

649 Jennie LnFairbanks, AK 99709
Student Housing
  • Verified
  • Utilities Included
  • Smoke Free

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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645 Old Steese Hwy N
Studio to 1 Bedroom Apartments

645 Old Steese Hwy N

645 Old Steese Hwy NFairbanks, AK 99712

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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404 Kit Blvd
2 Bedroom Apartments

404 Kit Blvd

404 Kit BlvdNorth Pole, AK 99705
  • Utilities Included
Showing Results 1-30, Page 1 of 1

Anderson, AK Local Guide

Cheapest Available Anderson Apartments for Rent and Nearby

 

The cheapest available apartment rental in Anderson, AK is a 1 Bed unit found at Sophie Plaza Apartments priced from $1,390. Wedgewood Resort Apartments in the Downtown Fairbanks neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,450. Here is today’s list of the most affordable Anderson apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Sophie Plaza ApartmentsMedium One-Bedroom1BR,1BA$1,390
Wedgewood Resort Apartments1 Bedroom Suite1BR,1BA$1,450
Willow Woods ApartmentsOpen Kitchen 1x11BR,1BA$1,520
649 Jennie Ln2 Bedroom2BR,1BA$1,600

Best Value Apartments for Rent in Anderson, AK and Nearby

As of August 27, 2026 the best value apartment in the Anderson area is the $1.74 price per square foot Medium One-Bedroom Model at Sophie Plaza Apartments in the starting from $1,390. The second greatest value Anderson apartment is the 2 Bedroom Model at 649 Jennie Ln starting at $1,600 with a $2.13 price per square foot . Here is today’s list of the best values for Anderson apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sophie Plaza ApartmentsMedium One-Bedroom1BR,1BA$1.74
649 Jennie Ln2 Bedroom2BR,1BA$2.13
Willow Woods ApartmentsGalley Kitchen 1x11BR,1BA$2.11
Wedgewood Resort Apartments1 Bedroom Suite1BR,1BA$2.03

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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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!

Explore Anderson, AK Rentals by Map

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Frequently Asked Questions about Cheap Anderson Apartments

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

The lowest price for a Cheap One Bedroom Anderson Apartment is $1,390 at Sophie Plaza Apartments.

What is the lowest price for a Cheap Two Bedroom Anderson Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Anderson is starting from $1,600 at 649 Jennie Ln.

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

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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.

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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.

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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.

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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.