Cheap Apartments for Rent in Eagle River, AK from $700 (22 Rentals)

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

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Continental
Studio to 2 Bedroom Apartments

Continental

3321 Eureka StAnchorage, AK 99503

Eagle River, AK Local Guide

Cheapest Neighborhoods for Apartments in Eagle River, AK

Pricing Updated: 09/08/2025

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$2,050$700116

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 View1 Bed1BR,1BA$1,050
Northwind Apartments2nd floor StudioStudio,1BA$1,125
College ViewStudioStudio,1BA$1,140

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

As of September 08, 2025 the best value apartment in the Eagle River area is the $1.57 price per square foot 3 Beds Model at Stephens Park in the in the Downtown Anchorage neighborhood starting from $1,875. The second greatest value Eagle River apartment is the 3x2 Model at Brighton Park starting at $1,949 with a $1.86 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.
Stephens Park3 Beds3BR,2BA$1.57
Brighton Park3x23BR,2BA$1.86
Four Seasons2 bedroom singlewide2BR,2BA$1.95
The GreenbriarTwo Bedroom2BR,1BA$1.60
Legacy2x12BR,1BA$1.82
Hampstead Heath2 Bed2BR,1BA$1.61
AlpineOne Bedroom1BR,1BA$1.82
Chester Park Estate1BD/1BA- Floorplan A1BR,1BA$1.83
Central Park Apartments1 bedroom Floor Plan C1BR,1BA$1.94
Northwind Apartments2nd floor StudioStudio ,1BA$1.73

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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 $1,340.

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 $1,558.

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 10 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 $1,079 which is $479 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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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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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