Cheap Apartments for Rent in Eagle River, AK from $700 (48 Rentals)

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

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Coronado Park Townhomes
1 to 3 Bedroom Apartments

Coronado Park Townhomes

11516 Grand Canyon LoopEagle River, AK 99577
  • Utilities Included
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Timber Ridge
1 to 2 Bedroom Apartments

Timber Ridge

13900 Old Glenn HwyEagle River, AK 99577
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ReNew Eagle River
Studio to 2 Bedroom Apartments

ReNew Eagle River

11408 Heritage CtEagle River, AK 99577
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North Pointe Apartments
$950 - $1,175
Total Monthly Price

Total Monthly Price

Base Rent
$950 - $1,175

Total Monthly Price
$950 - $1,175
Studio to 2 Bedroom Apartments Available Now

North Pointe Apartments

905 Richardson Vista RdAnchorage, AK 99501
Senior Living
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  • Customer Reviewed
  • Utilities Included

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.

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.

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
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Arctic Gardens
1 to 3 Bedroom Apartments

Arctic Gardens

7211 Meadow StAnchorage, AK 99507
  • Utilities Included
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The Outlook Apartments
Studio to 2 Bedroom Apartments

The Outlook Apartments

234 E 15th AveAnchorage, AK 99501
Corporate Housing

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.

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Taiga
1 to 3 Bedroom Apartments

Taiga

423 W 22nd AveAnchorage, AK 99503
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Brighton Woods
1 to 2 Bedroom Apartments

Brighton Woods

1204 Norman StAnchorage, AK 99504

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Aptel Studio Hotel
1 Bedroom Apartments

Aptel Studio Hotel

624 Rodeo PlAnchorage, AK 99508
Corporate Housing
  • Utilities Included

Eagle River, AK Local Guide

Cheapest Neighborhoods for Apartments in Eagle River, AK

Pricing Updated: 05/04/2026

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
Outlying Anchorage Borough$5,000$700109

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. Glenwood Apartments in the Outlying Matanuska Susitna Borough neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $850. Here is today’s list of the most affordable Eagle River apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Loussac SognStudio 1Studio,1BA$700
Glenwood ApartmentsStudio, 1 BathroomStudio,1BA$850
Merrill CrossingStudioStudio,1BA$900
Eagle Ridge Townhomes2 Beds, 2 baths2BR,2BA$925
North Pointe ApartmentsStudioStudio,1BA$950
Panoramic ViewStudioStudio,1BA$975
ContinentalStudioStudio,1BA$1,050
College View1 bedroom1BR,1BA$1,220
Chester Park Estate1BD/1BA- Floorplan A1BR,1BA$1,225
Rancho TudorStudioStudio,1BA$1,225

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

As of May 04, 2026 the best value apartment in the Eagle River area is the $1.86 price per square foot 2x2 B Model at Admirals Cove in the in the Downtown Anchorage neighborhood starting from $2,045. The second greatest value Eagle River apartment is the 3 bed / 1 bath Model at 1101 Eagle St starting at $1,550 with a $1.59 price per square foot in the Government Hill 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.
Admirals Cove2x2 B2BR,2BA$1.86
1101 Eagle St3 bed / 1 bath3BR,1BA$1.59
Town Square Manor Apartments2x2 9242BR,2BA$1.94
ReNew Eagle River2.1B2BR,1BA$1.97
Eagle Ridge Townhomes2 Beds, 2 baths2BR,2BA$1.07
Legacy2x12BR,1BA$1.75
Northwind Apartments2nd Floor 1 bedroom1BR,1BA$1.70
TaigaOne Bedroom1BR,1BA$2.03
Chester Park Estate1BD/1BA- Floorplan A1BR,1BA$1.83
Glenwood ApartmentsStudio, 1 BathroomStudio ,1BA$1.70

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

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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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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 $1,225.

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

The cheapest apartment in Eagle River is North Pointe Apartments which is listed at $1,050, while the average apartment in Eagle River costs $5,000.

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 9 regular apartments in Eagle River that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.