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$5001 Bedroom Apartments Available Now
135 N Alaska St, Unit 135
135 N Alaska StPalmer, AK 99645
Cheap Homes for Rent in Palmer, AK from $1,200 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Palmer.
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$6002 Bedroom Apartments Available Now
1021 S Lucas Way, Unit 1021 S. Lucus Way
1021 S Lucas WayPalmer, AK 99645
3350 Boniface Pkwy
AnchorageAK99504
138 N Klevin St
AnchorageAK99508
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.
7531 Peck Ave
AnchorageAK99504
13235 Foraker St
WillowAK99688
3310 Boniface Pkwy
AnchorageAK99504
506 E Cooper Lp
PalmerAK99645
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.
1526 Medfra St
AnchorageAK99501
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Palmer, AK Local Guide
Pioneer Peak in Winter by Cecil Sanders is licensed under CC BY 2.0
How much does it cost to rent a home in Palmer?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Palmer 2 Bedroom Homes for Rent | $1,892 | $1,600 | $3,000 |
| Palmer 3 Bedroom Homes for Rent | $2,820 | $1,750 | $3,800 |
| Palmer 4 Bedroom Homes for Rent | $3,288 | $2,600 | $4,750 |
| Palmer 5 Bedroom Homes for Rent | $3,475 | $2,950 | $4,000 |
Browse Top Homes for Rent in Palmer
Explore Palmer
Palmer, AK Local Guide
- Palmer Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Palmer, AK
Pricing Updated: 05/27/2026Current apartment rentals in the Palmer, AK area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Palmer Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Outlying Matanuska Susitna Borough | $5,000 | $500 | 109 |
Cheapest Available Palmer Apartments for Rent and Nearby
The cheapest available apartment rental in Palmer, AK is a Studio unit found at Loussac Sogn in the Government Hill neighborhood priced from $712. Merrill Crossing in the Government Hill neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here is today’s list of the most affordable Palmer apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Loussac Sogn | Studio 1 | Studio,1BA | $712 |
| Merrill Crossing | Studio | Studio,1BA | $900 |
| Eagle Ridge Townhomes | 2 Beds, 2 baths | 2BR,2BA | $925 |
Best Value Apartments for Rent in Palmer, AK and Nearby
As of May 27, 2026 the best value apartment in the Palmer area is the $1.41 price per square foot 2B/2B Model at Mariners View in the in the Government Hill neighborhood starting from $2,000. The second greatest value Palmer apartment is the 3 Beds Model at Stephens Park starting at $1,875 with a $1.57 price per square foot in the Downtown Anchorage neighborhood. Here is today’s list of the best values for Palmer apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Mariners View | 2B/2B | 2BR,2BA | $1.41 |
| Stephens Park | 3 Beds | 3BR,2BA | $1.57 |
| 1101 Eagle St | 3 bed / 1 bath | 3BR,1BA | $1.69 |
| Eagle Ridge Townhomes | 2 Beds, 2 baths | 2BR,2BA | $1.07 |
| Northwind Apartments | 2nd Floor 1 bedroom | 1BR,1BA | $1.70 |
| Green Tree Apartments | 1 bedroom 3rd floor | 1BR,1BA | $1.82 |
| Taiga | One Bedroom | 1BR,1BA | $2.03 |
| Susitna Ridge | 2 BR x 1 BA | 2BR,1BA | $1.99 |
| Chester Park Estate | 1BD/1BA- Floorplan A | 1BR,1BA | $1.83 |
| Central Park Apartments | 1 bedroom Floor Plan C | 1BR,1BA | $2.05 |
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
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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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.
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Best Local Schools in Palmer, AK
Sherrod Elementary
Matanuska-Susitna Borough School District
Public School - Grades K-5 (395)
7 out of 10
Colony High School
Matanuska-Susitna Borough School District
Public School - Grades 9-12 (1117)
8 out of 10
Palmer Middle School
Matanuska-Susitna Borough School District
Public School - Grades 6-8 (594)
7 out of 10
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 Palmer
What type of rentals are currently available in Palmer?
There are currently 72 Apartments for Rent in Palmer, AK with pricing that ranges from $500 to $2,789. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palmer ranging from $1,250 to $4,750.
What is the current price range for Rental Homes in Palmer?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Palmer ranges from $1,250 to $4,750 with an average monthly rent of $2,557.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
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.