Cheap Apartments for Rent in Nikiski, AK from $700 (19 Rentals)

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

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Studio to 1 Bedroom Apartments

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230 W 14th AveAnchorage, AK 99501

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Nikiski, AK Local Guide

Cheapest Available Nikiski Apartments for Rent and Nearby

 

The cheapest available apartment rental in Nikiski, AK is a Studio unit found at Loussac Sogn in the Government Hill neighborhood priced from $700. Castle in the Spenard neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,115. Here is today’s list of the most affordable Nikiski apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Loussac SognStudio 1Studio,1BA$700
CastleStudio X smallStudio,1BA$1,115
Northwind Apartments2nd floor StudioStudio,1BA$1,125
Merrill Crossing2 Beds2BR,1BA$1,175
Chester Park Estate1BD/1BA- Floorplan A1BR,1BA$1,225

Best Value Apartments for Rent in Nikiski, AK and Nearby

As of August 24, 2025 the best value apartment in the Nikiski 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 Nikiski apartment is the 2 Bed Model at Stephens Park starting at $1,525 with a $1.56 price per square foot in the Downtown Anchorage neighborhood. Here is today’s list of the best values for Nikiski apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Mariners View2B/2B2BR,2BA$1.48
Stephens Park2 Bed2BR,1BA$1.56
Town Square Manor Apartments2x2 9242BR,2BA$1.92
Hampstead Heath2 Bed2BR,1BA$1.61
The Mallary2 Bed2BR,1BA$1.59
AlpineOne Bedroom1BR,1BA$1.81
Tudor Park Apartments2bedroom Bottom Floor2BR,1BA$1.83
Merrill Crossing2 Beds2BR,1BA$1.74
Chester Park Estate1BD/1BA- Floorplan A1BR,1BA$1.83
Northwind Apartments2nd floor StudioStudio ,1BA$1.73

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Getting Around Nikiski, AK

Walk Score®

2 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

24 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Nikiski Apartments

What is the Cheapest Studio apartment in Nikiski?

Currently the most affordable Cheap Studio Apartment in Nikiski is at Loussac Sogn listed at $700.

How much is rent for a Cheap One Bedroom Nikiski Apartment?

The lowest price for a Cheap One Bedroom Nikiski Apartment is $1,225 at Chester Park Estate.

What is the lowest price for a Cheap Two Bedroom Nikiski Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Nikiski 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.

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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.

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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.

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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.

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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.