Cheap Apartments for Rent in Eagle River, AK from $900 (26 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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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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Susitna Ridge
Studio to 2 Bedroom Apartments

Susitna Ridge

1601 Medfra StAnchorage, AK 99501
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Continental
Studio to 2 Bedroom Apartments

Continental

3321 Eureka StAnchorage, AK 99503

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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Taiga
1 to 3 Bedroom Apartments

Taiga

423 W 22nd AveAnchorage, AK 99503
Showing Results 1-26, Page 1 of 1

Eagle River, AK Local Guide

Cheapest Neighborhoods for Apartments in Eagle River, AK

Pricing Updated: 01/27/2026

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
South Fork$1,765$1,3132
Eagle River Valley$2,250$1,3131
Outlying Anchorage Borough$5,000$600129

Cheapest Available Eagle River Apartments for Rent and Nearby

 

The cheapest available apartment rental in Eagle River, AK is a Studio unit found at Panoramic View in the Government Hill neighborhood priced from $925. McKinley Tower Apartments in the Government Hill neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. Here is today’s list of the most affordable Eagle River apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Panoramic ViewStudioStudio,1BA$925
McKinley Tower ApartmentsUnit B StudioStudio,1BA$1,050
Northwind Apartments2nd floor StudioStudio,1BA$1,125
The Mallary1 Bed1BR,1BA$1,175
College View1 bedroom1BR,1BA$1,220
Chester Park Estate1BD/1BA- Floorplan A1BR,1BA$1,225
Susitna RidgeStudioStudio,1BA$1,245
The GreenbriarStudioStudio,1BA$1,280
Central Park Apartments1 bedroom Floor Plan C1BR,1BA$1,280
Continental1 BR1BR,1BA$1,285

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

As of January 27, 2026 the best value apartment in the Eagle River area is the $1.38 price per square foot CS - 2 Bedroom Model at Creekside Terrace in the in the Downtown Anchorage neighborhood starting from $1,695. The second greatest value Eagle River apartment is the 2x2 Model at Admirals Cove starting at $2,245 with a $2.04 price per square foot in the Downtown Anchorage 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.
Creekside TerraceCS - 2 Bedroom2BR,1BA$1.38
Admirals Cove2x22BR,2BA$2.04
Town Square Manor Apartments2x2 9242BR,2BA$1.92
Green Tree Apartments2 bed 2nd floor2BR,1BA$1.65
Tudor Park Apartments1 bed 3rd floor1BR,1BA$1.76
TaigaOne Bedroom1BR,1BA$2.03
Chester Park Estate1BD/1BA- Floorplan A1BR,1BA$1.83
Northwind Apartments2nd floor StudioStudio ,1BA$1.73
Central Park Apartments1 bedroom Floor Plan C1BR,1BA$1.97
The Mallary1 Bed1BR,1BA$1.98

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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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.

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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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See the most popular apartments and homes in Eagle River, AK

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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 $1,285.

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 $3,005.

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 6 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 $757 which is $2,248 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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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.