305 N Bonanza St
PalmerAK99645
Cheap Homes for Rent in Palmer, AK from $750 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Palmer.
16655 E Cranberry St
PalmerAK99645
14351 N Lakeshore Dr
WillowAK99688
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.
3162 Tarwater Ave
AnchorageAK99508
8118 Boundary Ave
AnchorageAK99504
16390 N Glenn Hwy
Sutton-AlpineAK99674
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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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 | $1,931 | $1,400 | $2,800 |
| Palmer 3 Bedroom Homes for Rent | $2,780 | $1,900 | $4,250 |
| Palmer 4 Bedroom Homes for Rent | $3,170 | $2,495 | $4,500 |
| Palmer 5 Bedroom Homes for Rent | $4,100 | $4,100 | $4,100 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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: 08/25/2026Current apartment rentals in the Palmer, AK area range in price from $695 to $5,416 with an overall median price of $1,650. 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 | $1,650 | $695 | 110 |
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 $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 Palmer apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Loussac Sogn | Studio 1 | Studio,1BA | $700 |
| Eagle Ridge Townhomes | 2 Beds, 2 baths | 2BR,2BA | $925 |
| North Pointe Apartments | 0 | Studio,1BA | $950 |
Best Value Apartments for Rent in Palmer, AK and Nearby
As of August 25, 2026 the best value apartment in the Palmer 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 Palmer 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 Palmer apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Creekside Manor | C Suite W/Den | 2BR,2BA | $2.04 |
| Eagle Ridge Townhomes | 2 Beds, 2 baths | 2BR,2BA | $1.07 |
| Alpine | Two Bedroom | 2BR,1BA | $1.92 |
| Legacy | 2x1 | 2BR,1BA | $2.05 |
| Susitna Ridge | 2 BR x 1 BA | 2BR,1BA | $2.12 |
| Chester Park Estates | 1BD/1BA- Floorplan A | 1BR,1BA | $1.83 |
| The Mallary | 1 Bed | 1BR,1BA | $1.94 |
| North Pointe Apartments | 1 | 1BR,1BA | $2.19 |
| Panoramic View | Studio | Studio ,1BA | $2.17 |
| Merrill Crossing | Studio | Studio ,1BA | $2.21 |
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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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 (563)
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 76 Apartments for Rent in Palmer, AK with pricing that ranges from $695 to $4,000. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palmer ranging from $750 to $4,500.
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 $750 to $4,500 with an average monthly rent of $2,181.
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
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.
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.
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.
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.