Cheap Apartments for Rent in Eagle River, AK from $700 (24 Rentals)

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

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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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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Continental
Studio to 2 Bedroom Apartments

Continental

3321 Eureka StAnchorage, AK 99503

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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Showing Results 1-24, Page 1 of 1

Eagle River, AK Local Guide

Cheapest Neighborhoods for Apartments in Eagle River, AK

Pricing Updated: 10/28/2025

Current apartment rentals in the Eagle River, AK area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Eagle River Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Eagle River Valley$1,313$1,3131
South Fork$1,313$1,3131
Outlying Anchorage Borough$2,325$700128

Cheapest Available Eagle River Apartments for Rent and Nearby

 

The cheapest available apartment rental in Eagle River, AK is a Studio unit found at Loussac Sogn in the Government Hill neighborhood priced from $700. Merrill Crossing in the Government Hill neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here is today’s list of the most affordable Eagle River apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Loussac SognStudio 1Studio,1BA$700
Merrill CrossingStudioStudio,1BA$900
Panoramic ViewStudioStudio,1BA$925
The Outlook ApartmentsStudio ApartmentStudio,1BA$1,120
Northwind Apartments2nd floor StudioStudio,1BA$1,125

Best Value Apartments for Rent in Eagle River, AK and Nearby

As of October 28, 2025 the best value apartment in the Eagle River area is the $1.56 price per square foot 2 Bed Model at Stephens Park in the in the Downtown Anchorage neighborhood starting from $1,525. The second greatest value Eagle River apartment is the Two Bedroom Model at The Greenbriar starting at $1,560 with a $1.64 price per square foot in the University Area neighborhood. Here is today’s list of the best values for Eagle River apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Stephens Park2 Bed2BR,1BA$1.56
The GreenbriarTwo Bedroom2BR,1BA$1.64
19033 Whirlaway Rd, Unit A19033 Whirlaway Rd3BR,1BA$2.00
ReNew Eagle River2.1B2BR,1BA$1.97
Town Square Manor Apartments2x2 9242BR,2BA$1.92
Green Tree Apartments2 bedroom 1st floor2BR,1BA$1.63
Hampstead Heath2 Bed2BR,1BA$1.61
AlpineOne Bedroom1BR,1BA$1.82
TaigaOne Bedroom1BR,1BA$2.03
Northwind Apartments2nd floor StudioStudio ,1BA$1.73

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.

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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 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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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 Eagle River, AK Rentals by Map

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Frequently Asked Questions about Cheap Eagle River Apartments

What is a cheap apartment in Eagle River?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Eagle River is under $1,315.

What is the price of a cheap apartment in Eagle River?

The cheapest apartment in Eagle River is Panoramic View which is listed at $1,050, while the average apartment in Eagle River costs $1,650.

What types of apartments are the cheapest in Eagle River?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 12 regular apartments in Eagle River that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Eagle River?

Cheap apartments in Eagle River have an average cost of $429 which is $1,221 cheaper than the average rent for all rentals in Eagle River.

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.