Cheap Apartments for Rent near North Lakes, AK from $695 (43 Rentals)

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

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.

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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.

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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.

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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.

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Glenwood Apartments
Studio to 2 Bedroom Apartments

Glenwood Apartments

1221 S Rogers CirWasilla, AK 99654
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Continental
Studio to 2 Bedroom Apartments

Continental

3321 Eureka StAnchorage, AK 99503
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Taiga
1 to 3 Bedroom Apartments

Taiga

423 W 22nd AveAnchorage, AK 99503

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.

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Showing Results 1-43, Page 1 of 1

North Lakes, AK Local Guide

Cheapest Available North Lakes Apartments for Rent and Nearby

 

The cheapest available apartment rental in North Lakes, AK is a Studio unit found at Loussac Sogn in the Government Hill neighborhood priced from $700. Eagle Ridge Townhomes in the Outlying Matanuska Susitna Borough neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $925. Here is today’s list of the most affordable North Lakes apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Loussac SognStudio 1Studio,1BA$700
Eagle Ridge Townhomes2 Beds, 2 baths2BR,2BA$925
North Pointe Apartments0Studio,1BA$950
Merrill CrossingStudioStudio,1BA$950
Panoramic ViewStudioStudio,1BA$975
CastleStudio smallStudio,1BA$1,100
City ViewStudioStudio,1BA$1,145
The Mallary1 Bed1BR,1BA$1,150
College ViewStudioStudio,1BA$1,155
Chester Park Estates1BD/1BA- Floorplan A1BR,1BA$1,225

Best Value Apartments for Rent in North Lakes, AK and Nearby

As of August 28, 2026 the best value apartment in the North Lakes area is the $2.04 price per square foot C Suite W/Den Model at Creekside Manor in the in the Taku neighborhood starting from $2,195. The second greatest value North Lakes apartment is the 2 Beds, 2 baths Model at Eagle Ridge Townhomes starting at $925 with a $1.07 price per square foot in the Outlying Matanuska Susitna Borough neighborhood. Here is today’s list of the best values for North Lakes apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Creekside ManorC Suite W/Den2BR,2BA$2.04
Eagle Ridge Townhomes2 Beds, 2 baths2BR,2BA$1.07
Rancho TudorTwo Bedroom2BR,1BA$1.92
AlpineTwo Bedroom2BR,1BA$1.92
Legacy2x12BR,1BA$2.05
Susitna Ridge2 BR x 1 BA2BR,1BA$2.12
Chester Park Estates1BD/1BA- Floorplan A1BR,1BA$1.83
The Mallary1 Bed1BR,1BA$1.94
North Pointe Apartments11BR,1BA$2.19
Panoramic ViewStudioStudio ,1BA$2.17

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.

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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.

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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.

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

Explore North Lakes, AK Rentals by Map

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See the most popular apartments and homes in North Lakes, AK

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Frequently Asked Questions about Cheap North Lakes Apartments

What is the Cheapest Studio apartment in North Lakes?

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

How much is rent for a Cheap One Bedroom North Lakes Apartment?

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

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

Today's best deal for a Cheap Two Bedroom Apartment in North Lakes is starting from $925 at Eagle Ridge Townhomes.

What is the most affordable North Lakes Three Bedroom Apartment?

The best deal on a cheap North Lakes Three Bedroom Apartment rental is at Chester Park Estates and starts from $1,800.

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

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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.

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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.

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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.

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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.