Cheap Apartments for Rent in the Matanuska Valley Neighborhood of Wasilla, AK from $400 (74 Rentals)

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

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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2651 E Quiet Cir
Studio to 1 Bedroom Apartments

2651 E Quiet Cir

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

Glenwood Apartments

1221 S Rogers CirWasilla, AK 99654

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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Birches II Apartments
1 to 2 Bedroom Apartments

Birches II Apartments

235 E Kalli CirWasilla, AK 99654
Senior Living
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Aspen Pines
1 to 4 Bedroom Apartments

Aspen Pines

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

2331 W Melanie Ave

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

Bella Vista West

951 E Old Matanuska RdWasilla, AK 99654
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North Pointe Apartments
$950 - $1,175
Total Monthly Price

Total Monthly Price

Base Rent
$950 - $1,175
Total Monthly Price
$950 - $1,175
Studio to 2 Bedroom Apartments Available Now

North Pointe Apartments

905 Richardson Vista RdAnchorage, AK 99501
Senior Living
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Cash 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.

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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.

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Caswell Court
1 to 2 Bedroom Apartments

Caswell Court

Centennial CirAnchorage, AK 99504
Senior Living
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Mountain View Apartments
1 to 2 Bedroom Apartments

Mountain View Apartments

185 Rideline LoopAnchorage, AK 99508
Senior Living
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The Adelaide
Studio to 1 Bedroom Apartments

The Adelaide

201 E 9th AveAnchorage, AK 99501
  • Utilities Included

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.

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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 $712. The Adelaide has the second lowest priced unit, which is a Studio apartment currently listed from $917. Here are the most affordable Matanuska Valley apartments for rent in Wasilla, AK:

Apartment ListingModel NameBed/BathPriced From
Loussac SognStudio 1Studio,1BA$712
The AdelaideStudioStudio,1BA$917
North Pointe Apartments0 Beds, 1 BathsStudio,1BA$950
Merrill CrossingStudioStudio,1BA$950
Panoramic ViewStudioStudio,1BA$975
Northwind Apartments2nd Floor 1 bedroom1BR,1BA$1,300
Conifer GroveTwo Bedroom Small2BR,1BA$1,340
Amber RidgePalmer Wasilla 1x11BR,1BA$1,365
827 E 11th Ave2 Beds, 1 Baths2BR,1BA$1,400

Best Value Apartments for Rent in Matanuska Valley, AK

As of June 04, 2026 the best value apartment in the Matanuska Valley 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 Matanuska Valley apartment is the 280 W Scheelite Dr Model at 280 W Scheelite Dr, Unit Scheelite starting at $1,800 with a $1.80 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.
Mariners View2B/2B2BR,2BA$1.41
280 W Scheelite Dr, Unit Scheelite280 W Scheelite Dr2BR,1BA$1.80
725 N Colonial Dr, Unit #2725 N Colonial Dr2BR,1BA$1.60
1101 Eagle St3 bed / 1 bath3BR,1BA$1.69
1060 N Elsinore Ave, Unit 21060 N Elsinore Ave2BR,2BA$1.56
827 E 11th Ave2 Beds, 1 Baths2BR,1BA$1.56
225 E Stonehaven Cir225 E Stonehaven Cir2BR,1BA$1.76
534 N Lane St, Unit 3534 N Lane St3BR,1BA$1.83
ReNew End StreetSitka2BR,1BA$2.06
Conifer GroveTwo Bedroom Small2BR,1BA$1.85

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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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
Matanuska Valley, Wasilla, AK

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 $1,400.

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 2 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 $128 which is $4,872 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

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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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.

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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.