Cheap Apartments for Rent in Kenai, AK from $700 (27 Rentals)

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

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Continental
Studio to 2 Bedroom Apartments

Continental

3321 Eureka StAnchorage, AK 99503
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City View
Studio to 2 Bedroom Apartments

City View

230 W 14th AveAnchorage, AK 99501
Showing Results 1-27, Page 1 of 1

Kenai, AK Local Guide

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 ListingModel NameBed/BathPriced From
Loussac SognStudio 1Studio,1BA$700
Merrill CrossingStudioStudio,1BA$900
CastleStudio X smallStudio,1BA$1,115
Northwind Apartments2nd floor StudioStudio,1BA$1,125
College ViewStudioStudio,1BA$1,140
Chester Park Estate1BD/1BA- Floorplan A1BR,1BA$1,225
The Mallary2 Bed2BR,1BA$1,250
Central Park Apartments1 bedroom Floor Plan C1BR,1BA$1,260
Hampstead Heath2 Bed2BR,1BA$1,285

Best Value Apartments for Rent in Kenai, AK and Nearby

As of September 08, 2025 the best value apartment in the Kenai area is the $1.48 price per square foot 2B/2B Model at Mariners View in the in the Government Hill neighborhood starting from $2,100. The second greatest value Kenai apartment is the 3 Beds Model at Stephens Park starting at $1,875 with a $1.57 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Mariners View2B/2B2BR,2BA$1.48
Stephens Park3 Beds3BR,2BA$1.57
The GreenbriarTwo Bedroom2BR,1BA$1.61
Hampstead Heath2 Bed2BR,1BA$1.61
The Mallary2 Bed2BR,1BA$1.59
AlpineOne Bedroom1BR,1BA$1.82
Susitna Ridge2 BR x 2 BA2BR,2BA$1.86
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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Getting 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 $1,225 at Chester Park Estate.

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.