Cheap Apartments for Rent in the Matanuska Valley Neighborhood of Wasilla, AK from $419 (91 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Matanuska Valley area of Wasilla.

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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1470 N Grubstake Dr, Unit 2
$1,800

Total Monthly Price

Base Rent$1,800
Total Monthly Price$1,800
2 Bedroom Apartment Available Oct 2

1470 N Grubstake Dr, Unit 2

1470 N Grubstake DrWasilla, AK 99654
Family Friendly
  • Smoke Free

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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2651 E Quiet Cir
Studio to 1 Bedroom Apartments

2651 E Quiet Cir

2651 E Quiet CirWasilla, AK 99654
  • Utilities Included
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Glenwood Apartments
Studio to 2 Bedroom Apartments

Glenwood Apartments

1221 S Rogers CirWasilla, AK 99654
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Birches II Apartments
1 to 2 Bedroom Apartments

Birches II Apartments

235 E Kalli CirWasilla, AK 99654
Senior Living
  • Utilities Included

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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Aspen Pines
1 to 4 Bedroom Apartments

Aspen Pines

413 E Aspen AveWasilla, AK 99654
  • Utilities Included
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2331 W Melanie Ave
2 Bedroom Apartments

2331 W Melanie Ave

2331 W Melanie AveWasilla, AK 99654
  • Utilities Included
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Bella Vista West
2 to 4 Bedroom Apartments

Bella Vista West

951 E Old Matanuska RdWasilla, AK 99654
  • Utilities Included
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Amber Ridge
1 to 2 Bedroom Apartments

Amber Ridge

3235 E Cottle Loop RdWasilla, AK 99654

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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5453 Camelot Dr, Unit #2
$1,200

Total Monthly Price

Base Rent$1,200
Total Monthly Price$1,200
1 Bedroom Apartment Available Now

5453 Camelot Dr, Unit #2

5453 Camelot DrAnchorage, AK 99508
Affordability

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 1-50, Page 1 of 2

Matanuska Valley, Wasilla, AK Local Guide

Cheapest Available Matanuska Valley Apartments for Rent

 

The cheapest available apartment rental in the Matanuska Valley area of Wasilla, AK is a Studio unit found at Loussac Sogn priced from $700. Merrill Crossing has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here are the most affordable Matanuska Valley apartments for rent in Wasilla, AK:

Apartment ListingModel NameBed/BathPriced From
Loussac SognStudio 1Studio,1BA$700
Merrill CrossingStudioStudio,1BA$900
Panoramic ViewStudioStudio,1BA$925
North Pointe Apartments0Studio,1BA$950
The AdelaideStudioStudio,1BA$1,062
The AlaskanStudioStudio,1BA$1,150
225 N Park Street - CDY1BR/1.0BA1BR,1BA$1,195
Brighton WoodsAspen1BR,1BA$1,425
Conifer GroveTwo Bedroom Condo2BR,1BA$1,507

Best Value Apartments for Rent in Matanuska Valley, AK

As of September 05, 2026 the best value apartment in the Matanuska Valley area is the $1.61 price per square foot 345 E Victor Cir Model at 345 E Victor Cir, Unit Victor B in the in the Outlying Matanuska Susitna Borough neighborhood starting from $1,900. The second greatest value Matanuska Valley apartment is the 6101 W Lombard Cir Model at 6101 W Lombard Cir, Unit Unit B starting at $1,700 with a $1.70 price per square foot in the Outlying Matanuska Susitna Borough neighborhood. Here is today’s list of the best values for Matanuska Valley apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
345 E Victor Cir, Unit Victor B345 E Victor Cir3BR,2BA$1.61
6101 W Lombard Cir, Unit Unit B6101 W Lombard Cir2BR,2BA$1.70
156 michael CT, Unit Unit 4156 michael CT2BR,1BA$1.60
The GlenTwo Bedroom2BR,1BA$2.15
Conifer GroveTwo Bedroom Condo2BR,1BA$1.74
218 N Park Street - MS50/502BR/1.0BA2BR,1BA$1.74
225 N Park Street - CDY1BR/1.0BA1BR,1BA$1.49
5453 Camelot Dr, Unit Unit #25453 Camelot Dr1BR,1BA$1.71
Panoramic View1 Bed1BR,1BA$2.11
Merrill CrossingStudioStudio ,1BA$2.09

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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Best Local Schools in
Matanuska Valley, Wasilla, AK

School data provided by Great Schools

Frequently Asked Questions about Cheap Matanuska Valley Apartments

What is the Cheapest Studio apartment in Matanuska Valley?

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

How much is rent for a Cheap One Bedroom Matanuska Valley Apartment?

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

What is the lowest price for a Cheap Two Bedroom Matanuska Valley Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Matanuska Valley is starting from $1,175 at North Pointe Apartments.

What is the most affordable Matanuska Valley Three Bedroom Apartment?

The best deal on a cheap Matanuska Valley Three Bedroom Apartment rental is at Brighton Park and starts from $2,299.

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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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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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.