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Cheap Apartments for Rent in Kenai, AK from $700 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in Kenai.
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from $900Studio to 2 Bedroom Apartments Available Now
Merrill Crossing
1275 E 9th AveAnchorage, AK 99501
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from $1,010Studio to 1 Bedroom Apartments Available Now
McKinley Tower Apartments
337 E 4th AveAnchorage, AK 99501
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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from $1,0751 to 3 Bedroom Apartments Contact Us For Availability
Arctic Gardens
7211 Meadow StAnchorage, AK 99507
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from $1,099Studio to 2 Bedroom Apartments Available Now
College View
3501 E 42nd AveAnchorage, AK 99508
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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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Showing Results 1-7, Page 1 of 1
Kenai, AK Local Guide
Mouth of the river by Amy Meredith is licensed under CC BY 2.0
How much does it cost to rent an apartment in Kenai?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Kenai Studio Apartments | $1,343 | $700 | $2,025 |
| Kenai 1 Bedroom Apartments | $1,610 | $1,075 | $2,687 |
| Kenai 2 Bedroom Apartments | $1,750 | $1,175 | $2,895 |
| Kenai 3 Bedroom Apartments | $2,048 | $1,650 | $2,850 |
| Kenai 4 Bedroom Apartments | $2,050 | $2,050 | $2,050 |
Browse Top Apartments in Kenai
See all Apartments in KenaiExplore Kenai
Kenai, AK Local Guide
- Nearby Cities
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Cheapest Available Kenai Apartments for Rent and Nearby
The cheapest available apartment rental in Kenai, 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 Kenai apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Loussac Sogn | Studio 1 | Studio,1BA | $700 |
| Merrill Crossing | Studio | Studio,1BA | $900 |
| McKinley Tower Apartments | Unit G Studio | Studio,1BA | $1,010 |
Best Value Apartments for Rent in Kenai, AK and Nearby
As of July 15, 2025 the best value apartment in the Kenai area is the $1.39 price per square foot CS - 2 Bedroom Model at Creekside Terrace in the in the Downtown Anchorage neighborhood starting from $1,700. The second greatest value Kenai apartment is the 2 Bed Model at Stephens Park starting at $1,525 with a $1.56 price per square foot in the Downtown Anchorage neighborhood. Here is today’s list of the best values for Kenai apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Creekside Terrace | CS - 2 Bedroom | 2BR,1BA | $1.39 |
| Stephens Park | 2 Bed | 2BR,1BA | $1.56 |
| Silver Ridge | Latitude | 3BR,2BA | $2.28 |
| Martha's Vineyard | 1940 Martha's Vineyard Cir 2 | 2BR,1BA | $2.06 |
| Hampstead Heath | 2 Bed | 2BR,1BA | $1.61 |
| The Mallary | 2 Bed | 2BR,1BA | $1.59 |
| Taiga | One Bedroom | 1BR,1BA | $2.04 |
| Chester Park Estate | 1BD/1BA- Floorplan A | 1BR,1BA | $1.83 |
| Central Park Apartments | 1 bedroom Floor Plan C | 1BR,1BA | $1.94 |
| Merrill Crossing | Studio | Studio ,1BA | $2.09 |
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Best Local Schools in Kenai, AK
Mt. View Elementary
Kenai Peninsula Borough School District
Public School - Grades PK-5 (403)
8 out of 10
Kenai Central High School
Kenai Peninsula Borough School District
Public School - Grades 9-12 (463)
5 out of 10
Kenai Middle School
Kenai Peninsula Borough School District
Public School - Grades 6-8 (411)
6 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Kenai, AK Rentals by Map
See the most popular apartments and homes in Kenai, AK
Kenai, AK Apartments MapKenai, AK Rental Homes MapGetting Around Kenai, AK
Walk Score®
24 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
34 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Kenai Apartments
What is the Cheapest Studio apartment in Kenai?
Currently the most affordable Cheap Studio Apartment in Kenai is at Loussac Sogn listed at $700.
How much is rent for a Cheap One Bedroom Kenai Apartment?
The lowest price for a Cheap One Bedroom Kenai Apartment is $1,129 at College View.
What is the lowest price for a Cheap Two Bedroom Kenai Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Kenai is starting from $1,175 at Merrill Crossing.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.