
Cheap Homes for Rent in Kenai Peninsula Borough, AK from $1,100 (2 Rentals)
Search the lowest-cost Homes available for rent right now in Kenai Peninsula Borough.

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.

177 E Redoubt Ave
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.
Kenai Peninsula Borough, AK Local Guide

How much does it cost to rent a home in Kenai Peninsula Borough?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Kenai Peninsula Borough 2 Bedroom Homes for Rent | $1,685 | $1,265 | $2,200 |
Kenai Peninsula Borough 3 Bedroom Homes for Rent | $2,135 | $1,195 | $3,200 |
Kenai Peninsula Borough 4 Bedroom Homes for Rent | $2,100 | $2,000 | $2,200 |
Browse Homes for Rent in Kenai Peninsula Borough
Explore Kenai Peninsula Borough
Best Value Apartments for Rent in Kenai Peninsula Borough, AK
As of July 25, 2025 the best value apartment in the Kenai Peninsula Borough area is the $1.78 price per square foot 3101 Kachemak Dr Model at 3101 Kachemak Dr, Unit B in the starting from $1,600. The second greatest value Kenai Peninsula Borough apartment is the 2BR/1.0BA Model at Redoubt View Apartments Inc starting at $1,025 with a $1.41 price per square foot . Here is today’s list of the best values for Kenai Peninsula Borough apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
3101 Kachemak Dr, Unit B | 3101 Kachemak Dr | 1BR,2BA | $1.78 |
Redoubt View Apartments Inc | 2BR/1.0BA | 2BR,1BA | $1.41 |
Frequently Asked Questions about Kenai Peninsula Borough
What type of rentals are currently available in Kenai Peninsula Borough?
There are currently 56 Apartments for Rent in Kenai Peninsula Borough, AK with pricing that ranges from $1,046 to $2,610. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Kenai Peninsula Borough ranging from $1,195 to $3,200.
What is the current price range for Rental Homes in Kenai Peninsula Borough?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Kenai Peninsula Borough ranges from $1,195 to $3,200 with an average monthly rent of $1,973.
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.