Cheap Homes for Rent in Eagle River, AK from $1,200 (7 Rentals)

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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.

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.

Eagle River, AK Local Guide

Cheapest Neighborhoods for Apartments in Eagle River, AK

Pricing Updated: 12/15/2025

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
Outlying Anchorage Borough$2,225$925106

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. Merrill Crossing 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
Panoramic ViewStudioStudio,1BA$925
Merrill CrossingStudioStudio,1BA$950
McKinley Tower ApartmentsUnit J StudioStudio,1BA$1,025

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

As of December 15, 2025 the best value apartment in the Eagle River area is the $1.69 price per square foot 12107 Horseshoe Dr Model at 12107 Horseshoe Dr, Unit 1 in the in the Outlying Anchorage Borough neighborhood starting from $2,200. The second greatest value Eagle River apartment is the 2 bedroom singlewide Model at Four Seasons starting at $1,899 with a $1.85 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.
12107 Horseshoe Dr, Unit 112107 Horseshoe Dr1BR,1BA$1.69
Four Seasons2 bedroom singlewide2BR,2BA$1.85
Tudor Park Apartments2bedroom Bottom Floor2BR,1BA$1.63
The Mallary2 Bed2BR,1BA$1.75
Discovery Luxury RentalsCorner Unit2BR,2BA$2.10
Green Tree Apartments1 bedroom bottom1BR,1BA$1.73
ReNew End StreetSitka2BR,1BA$2.06
Northwind Apartments2nd Floor 1 bedroom1BR,1BA$1.79
Chester Park Estate1BD/1BA- Floorplan A1BR,1BA$1.83
Panoramic ViewStudioStudio ,1BA$2.06

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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Eagle River

What type of rentals are currently available in Eagle River?

There are currently 57 Apartments for Rent in Eagle River, AK with pricing that ranges from $925 to $3,230. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Eagle River ranging from $1,200 to $3,950.

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 $1,200 to $3,950 with an average monthly rent of $2,577.

How much are larger Three and Four Bedroom Rentals in Eagle River?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Eagle River range from $1,800 to $2,850, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,300 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,800 and Four Bedroom Apartments start at $2,050.

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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.