Cheap Homes for Rent in North Lakes, AK from $1,000 (6 Rentals)

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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.

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.

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. Panoramic View in the Government Hill neighborhood has the second lowest priced unit, which is a Studio 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
Panoramic ViewStudioStudio,1BA$925
Forest Hill3 Bedroom3BR,1BA$1,108

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

As of October 06, 2025 the best value apartment in the North Lakes area is the $1.57 price per square foot 3 Beds Model at Stephens Park in the in the Downtown Anchorage neighborhood starting from $1,875. The second greatest value North Lakes apartment is the Two Bedroom Model at The Greenbriar starting at $1,530 with a $1.60 price per square foot in the University Area 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.
Stephens Park3 Beds3BR,2BA$1.57
The GreenbriarTwo Bedroom2BR,1BA$1.60
Forest Hill2 Bedroom2BR,1BA$1.27
Green Tree Apartments2 bedroom 1st floor2BR,1BA$1.63
Legacy2x12BR,1BA$1.82
The Mallary2 Bed2BR,1BA$1.59
Tudor Park Apartments1 bed 2nd floor1BR,1BA$1.73
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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about North Lakes

What type of rentals are currently available in North Lakes?

There are currently 41 Apartments for Rent in North Lakes, AK with pricing that ranges from $695 to $2,917. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in North Lakes ranging from $1,000 to $3,200.

What is the current price range for Rental Homes in North Lakes?

Today's rental pricing for Homes for Rent, Condos and Townhomes in North Lakes ranges from $1,000 to $3,200 with an average monthly rent of $2,000.

How much are larger Three and Four Bedroom Rentals in North Lakes?

For those who are looking for larger living arrangements, Three Bedroom Apartments in North Lakes range from $1,108 to $2,700, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $2,850. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $2,050.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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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.

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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.