Cheap Apartments for Rent near Nikiski, AK from $1,000 (57 Rentals)

How Many Bedrooms?Done
Price OptionsDone
Price Range
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Read Article
close
View Me
Arctic Gardens
1 to 3 Bedroom Apartments

Arctic Gardens

7211 Meadow StAnchorage, AK 99507
  • Utilities Included
property at 1125 Angler Dr
$1,200
1 To 2 Bedroom Rentals
Available Now
Furnished

1125 Angler Dr

KenaiAK99611
close
View Me
Continental
Studio to 2 Bedroom Apartments

Continental

3321 Eureka StAnchorage, AK 99503
close
View Me
The Outlook Apartments
Studio to 2 Bedroom Apartments

The Outlook Apartments

234 E 15th AveAnchorage, AK 99501
Corporate Housing
close
View Me
Arctic Sun
1 to 2 Bedroom Apartments

Arctic Sun

625 W 46th AveAnchorage, AK 99503
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Read Article
close
View Me
Terrace on the Lake
Studio to 2 Bedroom Apartments

Terrace on the Lake

2421 Bentzen CirAnchorage, AK 99517
Corporate Housing
close
View Me
Taiga
1 to 3 Bedroom Apartments

Taiga

423 W 22nd AveAnchorage, AK 99503
close
View Me
Century Plaza
Studio to 2 Bedroom Apartments

Century Plaza

124 E 3rd AveAnchorage, AK 99501
close
View Me
Strawberry Lane
2 Bedroom Apartments

Strawberry Lane

2001 W 80th AveAnchorage, AK 99502

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.

Read Article
Showing Results 1-50, Page 1 of 2

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 Panoramic View in the Government Hill neighborhood priced from $1,000. North Pointe Apartments in the Government Hill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,050. Here is today’s list of the most affordable Nikiski apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Panoramic ViewStudioStudio, 1BA$1,000
North Pointe Apartments11BR, 1BA$1,050
Castle Apartment HomesStudio smallStudio, 1BA$1,100
City ViewStudioStudio, 1BA$1,100
McKinley Tower ApartmentsUnit G StudioStudio, 1BA$1,100
College ViewStudioStudio, 1BA$1,155
Merrill Crossing2 Beds2BR, 1BA$1,175
The Mallary1 Bed1BR, 1BA$1,200
Chester Park Estates1BD/1BA- Floorplan A1BR, 1BA$1,225
Continental1 BR1BR, 1BA$1,300

Best Value Apartments for Rent in Nikiski, AK and Nearby

As of September 23, 2026 the best value apartment in the Nikiski area is the $2.17 price per square foot 2x2 Model at Admirals Cove in the Downtown Anchorage neighborhood starting from $2,385. The second greatest value Nikiski apartment is the C Suite W/Den Model at Creekside Manor in the Taku neighborhood starting at $2,195 with a $2.04 price per square foot. 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.
Admirals Cove2x22BR, 2BA$2.17
Creekside ManorC Suite W/Den2BR, 2BA$2.04
Rancho TudorTwo Bedroom2BR, 1BA$1.92
Arctic Sun1x1 8251BR, 1BA$1.69
Tudor Park Apartments1 bed Bottom1BR, 1BA$1.82
Susitna Ridge2 BR x 2 BA2BR, 2BA$1.84
Town Square Manor Apartments1x11BR, 1BA$2.07
Merrill Crossing2 Beds2BR, 1BA$1.74
Chester Park Estates1BD/1BA- Floorplan A1BR, 1BA$1.83
The Mallary1 Bed1BR, 1BA$2.03

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
Decorative image

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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
Decorative image

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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Nikiski, AK Rentals by Map

Decorative image of map

See the most popular apartments and homes in Nikiski, AK

View Map
Nikiski, AK Apartments Map
View Map
Nikiski, AK Rental Homes Map

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 Panoramic View listed at $1,000.

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

The lowest price for a Cheap One Bedroom Nikiski Apartment is $1,050 at North Pointe Apartments.

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

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for How Commercial-to-Residential Property Conversions Help the Housing Crisis article

How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.