Cheap Homes for Rent near Eagle River, AK from $1,200 (12 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 516 E 10th Ave

$1,525

2 Bedroom Rentals

Available Aug 10

516 E 10th Ave

AnchorageAK99501

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Eagle River, AK Local Guide

Cheapest Neighborhoods for Apartments in Eagle River, AK

Pricing Updated: 07/22/2026

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
Eagle River Valley$2,750$2,7501
Outlying Anchorage Borough$5,000$70091

Cheapest Available Eagle River Apartments for Rent and Nearby

 

The cheapest available apartment rental in Eagle River, AK is a 2 Beds unit found at Eagle Ridge Townhomes in the Outlying Matanuska Susitna Borough neighborhood priced from $925. North Pointe Apartments in the Government Hill neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here is today’s list of the most affordable Eagle River apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Eagle Ridge Townhomes2 Beds, 2 baths2BR,2BA$925
North Pointe Apartments0Studio,1BA$950
Merrill CrossingStudioStudio,1BA$950
Panoramic View1 Bed1BR,1BA$1,100
College ViewStudioStudio,1BA$1,155

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

As of July 22, 2026 the best value apartment in the Eagle River area is the $1.95 price per square foot 2 bedroom singlewide Model at Four Seasons in the in the Downtown Anchorage neighborhood starting from $1,999. 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.
Four Seasons2 bedroom singlewide2BR,2BA$1.95
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
Rancho TudorTwo Bedroom2BR,1BA$1.92
Legacy2x12BR,1BA$2.05
Tudor Park Apartments1 bed Bottom1BR,1BA$1.80
Green Tree Apartments1 bedroom 3rd floor1BR,1BA$1.80
TaigaOne Bedroom1BR,1BA$2.03
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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Frequently Asked Questions about Eagle River

What type of rentals are currently available in Eagle River?

There are currently 64 Apartments for Rent in Eagle River, AK with pricing that ranges from $700 to $2,900. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Eagle River ranging from $1,250 to $4,500.

What is the current price range for Rental Homes in Eagle River?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Eagle River ranges from $1,250 to $4,500 with an average monthly rent of $2,835.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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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.