Cheap Apartments for Rent in Eagle River, AK from $700 (43 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

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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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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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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Glenwood Apartments
Studio to 2 Bedroom Apartments

Glenwood Apartments

1221 S Rogers CirWasilla, AK 99654
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Arctic Gardens
1 to 3 Bedroom Apartments

Arctic Gardens

7211 Meadow StAnchorage, AK 99507
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Continental
Studio to 2 Bedroom Apartments

Continental

3321 Eureka StAnchorage, AK 99503

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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The Outlook Apartments
Studio to 2 Bedroom Apartments

The Outlook Apartments

234 E 15th AveAnchorage, AK 99501
Corporate Housing
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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

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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Showing Results 1-43, Page 1 of 1

Eagle River, AK Local Guide

Cheapest Neighborhoods for Apartments in Eagle River, AK

Pricing Updated: 06/19/2026

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$72590

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 $725. 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$725
Merrill CrossingStudioStudio,1BA$900
Eagle Ridge Townhomes2 Beds, 2 baths2BR,2BA$925
North Pointe Apartments0Studio,1BA$950
Panoramic ViewStudioStudio,1BA$975
College ViewStudioStudio,1BA$1,185
Chester Park Estate1BD/1BA- Floorplan A1BR,1BA$1,225
Continental1 BR1BR,1BA$1,250
Russian Jack1x11BR,1BA$1,255
The Club at Eagle PointEagles Nest1BR,1BA$1,290

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

As of June 19, 2026 the best value apartment in the Eagle River area is the $1.66 price per square foot 2 Bed Model at Stephens Park in the in the Downtown Anchorage neighborhood starting from $1,625. The second greatest value Eagle River apartment is the 3 bed / 1 bath Model at 1101 Eagle St starting at $1,650 with a $1.69 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.
Stephens Park2 Bed2BR,1BA$1.66
1101 Eagle St3 bed / 1 bath3BR,1BA$1.69
Martha's Vineyard1931 Martha's Vineyard Cir 42BR,1BA$1.89
Eagle Ridge Townhomes2 Beds, 2 baths2BR,2BA$1.07
Legacy2x12BR,1BA$1.97
Northwind Apartments2nd Floor 1 bedroom1BR,1BA$1.70
Green Tree Apartments1 bedroom 3rd floor1BR,1BA$1.80
TaigaOne Bedroom1BR,1BA$1.96
Susitna Ridge2 BR x 1 BA2BR,1BA$1.99
Chester Park Estate1BD/1BA- Floorplan A1BR,1BA$1.83

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!

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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 $1,290.

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 5 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 $112 which is $4,888 cheaper than the average rent for all rentals in Eagle River.

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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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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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.