Cheap Homes for Rent in the Matanuska Valley Neighborhood of Wasilla, AK from $1,200 (25 Rentals)

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Search the lowest-cost Homes 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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property at 534 N Bliss St

$1,400 - $1,475

2 Bedroom Rentals

Available Aug 30

534 N Bliss St

AnchorageAK99508

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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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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property at 5465 E Porcupine Ave

$1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,950
Total Monthly Price
$1,950

3 Bedroom, 2 Bath Home for Rent

Available Nov 15

5465 E Porcupine Ave

WasillaAK99654

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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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. North Pointe Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here are the most affordable Matanuska Valley apartments for rent in Wasilla, AK:

Apartment ListingModel NameBed/BathPriced From
Loussac SognStudio 1Studio,1BA$700
North Pointe Apartments0Studio,1BA$950
Merrill CrossingStudioStudio,1BA$950
Panoramic ViewStudioStudio,1BA$975
The AdelaideStudioStudio,1BA$1,062

Best Value Apartments for Rent in Matanuska Valley, AK

As of August 28, 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 Two Bedroom Model at The Glen starting at $2,099 with a $2.15 price per square foot in the Government Hill 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
The GlenTwo Bedroom2BR,1BA$2.15
6151 E Dearborn Dr, Unit A6151 E Dearborn Dr2BR,1BA$1.74
Legacy2x12BR,1BA$2.05
225 N Park Street - CDY1BR/1.0BA1BR,1BA$1.49
1730 N Golden Hills Dr, Unit #31730 N Golden Hills Dr2BR,1BA$1.73
Conifer GroveTwo Bedroom Flat2BR,1BA$2.04
5453 Camelot Dr, Unit Unit #25453 Camelot Dr1BR,1BA$1.71
7460 E Denelle St, Unit 4A7460 E Denelle St1BR,1BA$1.91
Panoramic ViewStudioStudio ,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.

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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

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Frequently Asked Questions about Matanuska Valley

What type of rentals are currently available in Matanuska Valley?

There are currently 350 Apartments for Rent in Matanuska Valley, AK with pricing that ranges from $695 to $5,000. There are also 80 Single Family Homes for rent, Condos, and Townhome rentals currently available in Matanuska Valley ranging from $1,200 to $4,500.

What is the current price range for Rental Homes in Matanuska Valley?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Matanuska Valley ranges from $1,200 to $4,500 with an average monthly rent of $2,530.

How much are larger Three and Four Bedroom Rentals in Matanuska Valley?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Matanuska Valley range from $1,380 to $3,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,900 to $4,250. Four Bedroom Single-Family rentals are also available starting from $2,495 and Four Bedroom Apartments start at $1,200.

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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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.