
Cheap 2 Bedroom Apartments for Rent in Palmer, AK from $600 (35 Rentals)


Eagle Ridge Townhomes

Hunter Creek Apartments

Whispering Winds Senior Apartments

Creekwood Park Apartments

Yenlo Square

Merrill Crossing

Panoramic View
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.

Forest Hill

The Mallary

Chester Park Estate

Russian Jack

Alpine

Green Tree Apartments

Hampstead Heath

The Greenbriar
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.

Stephens Park

Creekside Terrace

Town Square Manor Apartments

Aspen Pines

Castle

Susitna Ridge

815 N Park St

The Outlook Apartments
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.

8504 Boundary Ave

251 McCarrey St

Brighton Woods

3310 Boniface Pkwy

Legacy West

11432 Heritage Ct

Taiga

1526 Medfra St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Timber Ridge

4670 Reka Dr

132 N Lane St
Palmer, AK Local Guide

How much does it cost to rent an apartment in Palmer?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Palmer Studio Apartments | $1,373 | $700 | $2,025 |
| Palmer 1 Bedroom Apartments | $1,685 | $695 | $2,600 |
| Palmer 2 Bedroom Apartments | $1,680 | $600 | $2,789 |
| Palmer 3 Bedroom Apartments | $1,778 | $1,075 | $2,445 |
Explore Palmer
Palmer, AK Local Guide
- Palmer Neighborhoods
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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick 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.
Best Local Schools in Palmer, AK
Sherrod Elementary
Colony High School
Palmer Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Palmer, AK Rentals by Map
See the most popular apartments and homes in Palmer, AK
Frequently Asked Questions about Cheap Palmer Apartments
What is a cheap apartment in Palmer?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Palmer is under $1,250.
What is the price of a cheap apartment in Palmer?
The cheapest apartment in Palmer is Eagle Ridge Townhomes which is listed at $925, while the average apartment in Palmer costs $5,000.
What types of apartments are the cheapest in Palmer?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 8 regular apartments in Palmer that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.