
Cheap Homes for Rent in Kenai Peninsula Borough, AK from $800 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Kenai Peninsula Borough.


35205 Nina Ct

1125 Angler Dr
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

35925 Sabaka Ln

47120 Tri Cities Ct
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.

36800 Lou Morgan Rd
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 | $1,854 | $1,100 | $2,800 |
Kenai Peninsula Borough 3 Bedroom Homes for Rent | $2,199 | $1,500 | $3,500 |
Kenai Peninsula Borough 4 Bedroom Homes for Rent | $1,891 | $1,475 | $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 September 13, 2025 the best value apartment in the Kenai Peninsula Borough area is the $1.56 price per square foot 3101 Kachemak Dr Model at 3101 Kachemak Dr, Unit B in the starting from $1,400. The second greatest value Kenai Peninsula Borough apartment is the 145 S Kobuk St Model at 145 S Kobuk St, Unit 2 starting at $1,700 with a $1.89 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 | $1.56 |
145 S Kobuk St, Unit 2 | 145 S Kobuk St | 2BR,1BA | $1.89 |
45941 Miller Loop Rd, Unit D | 45941 Miller Loop Rd | 2BR,1BA | $2.00 |
3936 Svedlund St, Unit Cabin 2 - Hunter Cabin | 3936 Svedlund St | Studio ,1BA | $3.67 |
Frequently Asked Questions about Kenai Peninsula Borough
What type of rentals are currently available in Kenai Peninsula Borough?
There are currently 59 Apartments for Rent in Kenai Peninsula Borough, AK with pricing that ranges from $1,100 to $2,495. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Kenai Peninsula Borough ranging from $855 to $3,500.
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 $855 to $3,500 with an average monthly rent of $1,724.
How much are larger Three and Four Bedroom Rentals in Kenai Peninsula Borough?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Kenai Peninsula Borough range from $1,650 to $2,495, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,475 and Four Bedroom Apartments start at $1,475.
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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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.

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.

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.