39511 Balderdash Rd
SterlingAK99672
Cheap Homes for Rent in Kenai, AK from $1,200 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Kenai.
37909 Hall Rd
SterlingAK99672
3061 Lois Dr
AnchorageAK99517
8831 Cordell Cir
AnchorageAK99502
516 E 10th Ave
AnchorageAK99501
9130 Washburn St
AnchorageAK99502
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
44810 Spruce Ave
SoldotnaAK99669
4720 Craftsman Rd
HomerAK99603
3718 W 78th Ave
AnchorageAK99502
5911 Denali St
AnchorageAK99518
45375 Kenai Spur Hwy
KenaiAK99611
34828 Patson Cir
SoldotnaAK99669
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
9300 Arlene Dr
AnchorageAK99502
Showing Results 1-13, 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 a home in Kenai?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Kenai 2 Bedroom Homes for Rent | $2,170 | $1,500 | $3,200 |
| Kenai 3 Bedroom Homes for Rent | $2,936 | $1,700 | $3,800 |
| Kenai 4 Bedroom Homes for Rent | $3,900 | $3,300 | $4,500 |
| Kenai 5 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Browse Top Homes for Rent in Kenai
Explore Kenai
Kenai, AK Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
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. Panoramic View in the Government Hill neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $925. 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 |
| Panoramic View | Studio | Studio,1BA | $925 |
| North Pointe Apartments | 0 | Studio,1BA | $950 |
| Merrill Crossing | 1 Bed | 1BR,1BA | $1,000 |
| Castle | Studio X small | Studio,1BA | $1,095 |
Best Value Apartments for Rent in Kenai, AK and Nearby
As of August 09, 2026 the best value apartment in the Kenai area is the $1.55 price per square foot 2B/2B Model at Mariners View in the in the Government Hill neighborhood starting from $2,200. The second greatest value Kenai 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 Kenai apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Mariners View | 2B/2B | 2BR,2BA | $1.55 |
| 1101 Eagle St | 3 bed / 1 bath | 3BR,1BA | $1.69 |
| Arctic Sun | 2x1 900 | 2BR,1BA | $1.78 |
| Martha's Vineyard | 1931 Martha's Vineyard Cir 4 | 2BR,1BA | $1.89 |
| Stephens Park | 1 Bed | 1BR,1BA | $1.67 |
| Green Tree Apartments | Bottom Floor/Hardwood | 1BR,1BA | $1.80 |
| Taiga | One Bedroom | 1BR,1BA | $2.03 |
| Chester Park Estate | 1BD/1BA- Floorplan A | 1BR,1BA | $1.83 |
| Merrill Crossing | 1 Bed | 1BR,1BA | $1.80 |
| Panoramic View | Studio | Studio ,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.
Read Article
Real 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 Article
Quick 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.
Let everyone know!
Do you know the Kenai area?
If you’re an expert on all things Kenai, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Best Local Schools in Kenai, AK
Mt. View Elementary School
Kenai Peninsula Borough School District
Public School - Grades PK-5 (449)
8 out of 10
Kenai Central High School
Kenai Peninsula Borough School District
Public School - Grades 9-12 (463)
6 out of 10
Kenai Middle School
Kenai Peninsula Borough School District
Public School - Grades 6-8 (408)
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
Frequently Asked Questions about Kenai
What type of rentals are currently available in Kenai?
There are currently 63 Apartments for Rent in Kenai, AK with pricing that ranges from $700 to $4,000. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Kenai ranging from $650 to $4,500.
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 $650 to $4,500 with an average monthly rent of $2,826.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.