16882 Deerfield St
NinilchikAK99639
Cheap Homes for Rent in Kenai, AK from $1,100 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Kenai.
177 E Redoubt Ave
SoldotnaAK99669
8480 Jewel Lake Rd
AnchorageAK99502
3100 Ward Pl
AnchorageAK99517
8831 Cordell Cir
AnchorageAK99502
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.
710 Dogwood St
AnchorageAK99501
38895 A Private Rd
SterlingAK99672
10237 Jamestown Dr
AnchorageAK99507
6942 Meadow St
AnchorageAK99507
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.
1910 Marthas Vineyard Cir
AnchorageAK99507
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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 a home in Kenai?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Kenai 2 Bedroom Homes for Rent | $1,991 | $1,265 | $3,400 |
| Kenai 3 Bedroom Homes for Rent | $2,666 | $1,195 | $5,200 |
| Kenai 4 Bedroom Homes for Rent | $4,520 | $3,000 | $8,500 |
Browse Top Homes for Rent in Kenai
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Kenai, AK Local Guide
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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 Merrill Crossing in the Government Hill neighborhood priced from $900. McKinley Tower Apartments in the Government Hill neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,010. Here is today’s list of the most affordable Kenai apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Merrill Crossing | Studio | Studio,1BA | $900 |
| McKinley Tower Apartments | Unit G Studio | Studio,1BA | $1,010 |
| College View | 1 bedroom | 1BR,1BA | $1,129 |
Best Value Apartments for Rent in Kenai, AK and Nearby
As of July 22, 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 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Creekside Terrace | CS - 2 Bedroom | 2BR,1BA | $1.39 |
| Stephens Park | 3 Beds | 3BR,2BA | $1.57 |
| Hampstead Heath | 2 Bed | 2BR,1BA | $1.61 |
| Martha's Vineyard | 1940 Martha's Vineyard Cir 2 | 2BR,1BA | $2.06 |
| The Mallary | 2 Bed | 2BR,1BA | $1.59 |
| Alpine | One Bedroom | 1BR,1BA | $1.82 |
| Taiga | One Bedroom | 1BR,1BA | $2.04 |
| Chester Park Estate | 1BD/1BA- Floorplan A | 1BR,1BA | $1.83 |
| The Outlook Apartments | 1 Bedroom Apartment | 1BR,1BA | $2.19 |
| Merrill Crossing | Studio | Studio ,1BA | $2.09 |
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Frequently Asked Questions about Kenai
What type of rentals are currently available in Kenai?
There are currently 50 Apartments for Rent in Kenai, AK with pricing that ranges from $900 to $2,895. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Kenai ranging from $1,195 to $8,500.
What is the current price range for Rental Homes in Kenai?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Kenai ranges from $1,195 to $8,500 with an average monthly rent of $2,706.
How much are larger Three and Four Bedroom Rentals in Kenai?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Kenai range from $1,650 to $2,850, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,195 to $5,200. Four Bedroom Single-Family rentals are also available starting from $3,000 and Four Bedroom Apartments start at $2,050.
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.