
Cheap Homes for Rent in Eagle River, AK from $1,200 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Eagle River.


138 N Klevin St

7726 Duben Ave

5419 E 42nd Ave

5421 E 42nd Ave

3310 Boniface Pkwy
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.

1545 Northview Dr

8116 Boundary Ave

1337 Hyder St

3925 E 9th Ave

132 N Lane St

8114 Boundary Ave
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.

4670 Reka Dr
Eagle River, AK Local Guide

How much does it cost to rent a home in Eagle River?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Eagle River 2 Bedroom Homes for Rent | $1,715 | $1,550 | $1,850 |
| Eagle River 3 Bedroom Homes for Rent | $2,872 | $1,750 | $3,800 |
| Eagle River 4 Bedroom Homes for Rent | $3,375 | $3,100 | $3,500 |
Browse Top Homes for Rent in Eagle River
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Eagle River, AK Local Guide
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Cheapest Neighborhoods for Apartments in Eagle River, AK
Pricing Updated: 06/05/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Outlying Anchorage Borough | $5,000 | $712 | 99 |
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 $712. Eagle Ridge Townhomes in the Outlying Matanuska Susitna Borough neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $925. Here is today’s list of the most affordable Eagle River apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Loussac Sogn | Studio 1 | Studio,1BA | $712 |
| Eagle Ridge Townhomes | 2 Beds, 2 baths | 2BR,2BA | $925 |
| Merrill Crossing | Studio | Studio,1BA | $950 |
| North Pointe Apartments | 0 Beds, 1 Baths | Studio,1BA | $950 |
| Panoramic View | Studio | Studio,1BA | $975 |
Best Value Apartments for Rent in Eagle River, AK and Nearby
As of June 05, 2026 the best value apartment in the Eagle River area is the $1.65 price per square foot 3 Beds Model at Stephens Park in the in the Downtown Anchorage neighborhood starting from $1,975. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Stephens Park | 3 Beds | 3BR,2BA | $1.65 |
| 1101 Eagle St | 3 bed / 1 bath | 3BR,1BA | $1.69 |
| Green Tree Apartments | 2 bedroom 1st floor | 2BR,1BA | $1.74 |
| Eagle Ridge Townhomes | 2 Beds, 2 baths | 2BR,2BA | $1.07 |
| Rancho Tudor | Two Bedroom | 2BR,1BA | $1.86 |
| Alpine | One Bedroom | 1BR,1BA | $1.81 |
| ReNew End Street | Sitka | 2BR,1BA | $2.06 |
| Taiga | One Bedroom | 1BR,1BA | $1.96 |
| Susitna Ridge | 2 BR x 1 BA | 2BR,1BA | $2.02 |
| Chester Park Estate | 1BD/1BA- Floorplan A | 1BR,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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Eagle River, AK
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 $712 to $2,900. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Eagle River ranging from $1,250 to $3,800.
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 $3,800 with an average monthly rent of $2,442.
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

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.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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.

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.