
Cheap Apartments for Rent in the Matanuska Valley Neighborhood of Wasilla, AK from $400 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Matanuska Valley area of Wasilla.


Yenlo Square

1250 Lucille St

1240 Lucille St

Vista Rose Senior Apartments
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.

Ridgecrest Park Apartments

2651 E Quiet Cir

Birches II Apartments

1140 Cousy Lp

Panoramic View
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.

Creekwood Park Apartments

North Pointe Apartments

Caswell Court

Mountain View Apartments

Milepost O Apartments
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.

The Adelaide
Matanuska Valley, Wasilla, AK Local Guide

How much does it cost to rent an apartment in Matanuska Valley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Matanuska Valley Studio Apartments | $1,749 | $975 | $2,250 |
| Matanuska Valley 1 Bedroom Apartments | $1,459 | $695 | $2,500 |
| Matanuska Valley 2 Bedroom Apartments | $1,592 | $648 | $3,200 |
| Matanuska Valley 3 Bedroom Apartments | $2,111 | $1,380 | $3,100 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Matanuska Valley Neighborhood of Wasilla, AK.
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Matanuska Valley, Wasilla, AK Local Guide
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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 The Adelaide priced from $917. Panoramic View has the second lowest priced unit, which is a Studio apartment currently listed from $975. Here are the most affordable Matanuska Valley apartments for rent in Wasilla, AK:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Adelaide | Studio | Studio,1BA | $917 |
| Panoramic View | Studio | Studio,1BA | $975 |
| Northwind Apartments | Studio 3rd floor | Studio,1BA | $1,145 |
| Amber Ridge | Wasilla Fishhook 1x1 | 1BR,1BA | $1,249 |
| Conifer Grove | One Bedroom Large | 1BR,1BA | $1,346 |
Best Value Apartments for Rent in Matanuska Valley, AK
As of February 27, 2026 the best value apartment in the Matanuska Valley area is the $1.23 price per square foot 525 N Flower St Model at 525 N Flower St, Unit A in the in the Downtown Anchorage neighborhood starting from $1,350. The second greatest value Matanuska Valley apartment is the 3 bed singlewide Model at Four Seasons starting at $2,395 with a $2.25 price per square foot in the Downtown Anchorage neighborhood. Here is today’s list of the best values for Matanuska Valley apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 525 N Flower St, Unit A | 525 N Flower St | 2BR,1BA | $1.23 |
| Four Seasons | 3 bed singlewide | 3BR,2BA | $2.25 |
| 4027 E 8th Ave, Unit 3 | 4027 E 8th Ave | 3BR,1BA | $1.85 |
| The Glen | Two Bedroom | 2BR,1BA | $1.85 |
| Legacy West | 2x1 | 2BR,1BA | $2.12 |
| The Alaskan | Two Bedroom | 2BR,1BA | $2.24 |
| Northwind Apartments | Studio 3rd floor | Studio ,1BA | $1.76 |
| Conifer Grove | One Bedroom Large | 1BR,1BA | $2.14 |
| Amber Ridge | Palmer Wasilla 1x1 | 1BR,1BA | $2.33 |
| Panoramic View | Studio | Studio ,1BA | $2.17 |
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 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 Matanuska Valley, Wasilla, AK
Big Lake Elementary
Houston High School
Houston Middle School
School data provided by Great Schools
Frequently Asked Questions about Cheap Matanuska Valley Apartments
What is a cheap apartment in Matanuska Valley?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Matanuska Valley is under $1,680.
What is the price of a cheap apartment in Matanuska Valley?
The cheapest apartment in Matanuska Valley is Panoramic View which is listed at $1,050, while the average apartment in Matanuska Valley costs $5,000.
What types of apartments are the cheapest in Matanuska Valley?
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 3 regular apartments in Matanuska Valley that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Matanuska Valley?
Cheap apartments in Matanuska Valley have an average cost of $151 which is $4,849 cheaper than the average rent for all rentals in Matanuska Valley.
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

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.