Apartments for Rent in Anchorage, AK
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1 BED$1,425+2 BEDS$1,725+
Town Square Manor Apartments
1536 Charter Cir, Anchorage, AK 99508 -
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STUDIO$1,335+1 BED$1,415+2 BEDS$1,495+Alpine
5215 Mockingbird Dr, Anchorage, AK 99507 -
1 BED$2,085+2 BEDS$2,789+The Highlands Luxury Residences
2134 E 56th Ave, Anchorage, AK 99507 -
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Looking For Cheaper Options?Explore the Best Affordable Neighborhoods in Anchorage
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STUDIO$1,170+1 BED$1,220+2 BEDS$1,247+
College View
3501 E 42nd Ave, Anchorage, AK 99508 -
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1 BED$1,345+2 BEDS$1,450+
Green Tree Apartments
1500 Russian Jack Dr, Anchorage, AK 99508 -
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Rent SpecialTotal Monthly Price Total Monthly Price New3 BEDS, 1.5 BATHS$2,350Base Rent$2,350Required Monthly FeesNoneTotal Monthly Price$2,350
6903 Gold Kings Ave Unit D
6903 Gold Kings Ave, Anchorage, AK 99504 -
1 BED$1,179The Club at Eagle Point
5640 Lake Otis Pky, Anchorage, AK 99507 -
1 BED$1,275Tudor Park Apartments
4631 Juneau St, Anchorage, AK 99503 -
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STUDIO$1,325+1 BED$1,535+2 BEDS$1,539+
The Greenbriar
4318 Vance Dr, Anchorage, AK 99508 -
1 BED$2,025+2 BEDS$2,525+3 BEDS$2,750+
The Residences at Northwood LLC
7020 Northwood St, Anchorage, AK 99502 -
STUDIO$1,675+1 BED$2,450+
Block 96
1000 W 8th Ave, Anchorage, AK 99501 -
1 BED$1,395+2 BEDS$1,480+
Russian Jack
4545 Reka Dr, Anchorage, AK 99508 -
STUDIO$900+2 BEDS$1,175+
Merrill Crossing
1275 E 9th Ave, Anchorage, AK 99501 -
2 - 3 BEDSCall for Rent
Spruce View Apartments
10601 Spruce View Loop, Anchorage, AK 99507 -
1 - 2 BEDSCall for Rent
The Mallary
660 W 34th Ave, Anchorage, AK 99503 -
STUDIO$700
Loussac Sogn
345 W 5th Ave, Anchorage, AK 99501 -
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1 BED$1,330
Central Park Apartments
2300 D St, Anchorage, AK 99503 -
2 BEDS$1,695
Creekside Terrace
579 E Dowling Rd, Anchorage, AK 99518 -
1 BED$1,225+2 BEDS$1,450+3 BEDS$1,800+
Chester Park Estate
1019 E 20th Ave, Anchorage, AK 99501 -
2 BEDS$1,700
Martha's Vineyard
1900-1941 Marthas Vineyard Cir, Anchorage, AK 99507 -
1 BED$1,575
McKinley Tower Apartments
337 E 4th Ave, Anchorage, AK 99501 -
2 BEDS, 1.5 BATHS$4,512243 W 13th Ave Unit SI ID1284535P
243 W 13th Ave, Anchorage, AK 99501 -
3 BEDS, 2 BATHS$8,0093300 Chaparral Cir Unit SI ID1284536P
3300 Chaparral Cir, Anchorage, AK 99502 -
2 BEDS, 1.5 BATHS$2,831237 W 13th Ave Unit SI ID1284540P
237 W 13th Ave, Anchorage, AK 99501 -
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Total Monthly Price Total Monthly Price New4 BEDS, 3 BATHS$2,500Base Rent$2,500Required Monthly FeesNoneTotal Monthly Price$2,5007615 Melody Commons Ct
7615 Melody Commons Ct, Anchorage, AK 99504 -
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2 BEDS, 1 BATH$2,100
1631 Eastridge Dr Unit Apt 302
1631 Eastridge Dr, Anchorage, AK 99501 -
Living & Renting in Anchorage
Anchorage at a Glance
Anchorage, AK Apartments for Rent
Anchorage sits at the terminus of Cook Inlet on a peninsula formed by the Knik Arm to the north and Turnagain Arm to the south, with the Chugach Mountains providing a dramatic backdrop to Alaska's largest city. Originally established as a tent city in 1915 during construction of the Alaska Railroad, Anchorage has grown into a metropolitan area that contains nearly 40 percent of the state's population. Those looking for apartments for rent in Anchorage will find options ranging from contemporary communities in Midtown to historic neighborhoods like South Addition, where tree-lined streets and established architecture create an appealing residential setting.
Renting in Anchorage offers access to both city amenities and incredible outdoor recreation. Downtown serves as the cultural and commercial center, while neighborhoods throughout the city provide proximity to the University of Alaska Anchorage, major employers in the oil and gas, transportation, and tourism sectors, and essential services. The Tony Knowles Coastal Trail stretches 11 miles along the waterfront, and nearby skiing destinations are easily accessible. With a median household income of $91,017 and average rents ranging from around $1,132 for studios to $1,794 for three-bedroom apartment communities, Anchorage provides a strong economic foundation for renters. The Glenn Highway and Seward Highway connect residents to the broader region, while the Alaska Native Heritage Center and seasonal attractions like the Anchorage Market and ice skating at Town Square Park add cultural depth to daily life.
Why Anchorage?
- Enjoying the northern lights in the wintertime and the midnight sun in summer.
- Getting around by dog sled, snowmobile, snowboard, skates, and snowshoes.
- Skiing, fishing, hiking, biking, and whale-watching surrounded by stunning beauty.
- Sharing the road with the occasional moose — or grizzly bear. Salmon year-round.
- Six mountain ranges and spectacular parks, such as Chugach State Park.
- A sleek, modern downtown with plenty of shopping, restaurants, and businesses.
Renting in Anchorage
Average Rental Rates and Apartment Sizes
- Apartment Type Average Sq Ft Average Rent
- Studio 421 Sq Ft $1,146 / mo
- 1 Bedroom 588 Sq Ft $1,329 / mo
- 2 Bedrooms 852 Sq Ft $1,602 / mo
- 3 Bedrooms 933 Sq Ft $1,826 / mo
- 4 Bedrooms 1,141 Sq Ft $1,956 / mo
Top Budget-Friendly Neighborhoods in Anchorage
(For 1 bedroom apartments)- Neighborhoods Average Sq Ft Average Rent
- Midtown Anchorage 625 Sq Ft $1,295/mo
- Spenard 652 Sq Ft $1,356/mo
- Airport Heights 551 Sq Ft $1,396/mo
- Russian Jack Park 566 Sq Ft $1,411/mo
- Downtown Anchorage 622 Sq Ft $1,437/mo
- North Star 630 Sq Ft $1,438/mo
- Northeast Anchorage 582 Sq Ft $1,457/mo
- South Anchorage 685 Sq Ft $1,660/mo
- Campbell Park 699 Sq Ft $1,692/mo
- South Addition 602 Sq Ft $1,733/mo
Average Rent in Nearby Cities
(For 1 bedroom apartments)- Cities Average Rent
- Anchorage $1,503/mo
Education
Data provided by GreatSchools.org 2025 © 2025. All rights reserved.
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Anchorage Apartments for Rent in Your Budget
- Apartments with Move-In Specials in Anchorage, AK
- Anchorage Apartments Under $700
- Anchorage Apartments Under $800
- Anchorage Apartments Under $900
- Anchorage Apartments Under $1,000
- Anchorage Apartments Under $1,100
- Anchorage Apartments Under $1,200
- Anchorage Apartments Under $1,300
- Anchorage Apartments Under $1,400
- Anchorage Apartments Under $1,500
- Anchorage Apartments Under $1,600
- Anchorage Apartments Under $1,700
- Anchorage Apartments Under $1,800
- Anchorage Apartments Under $1,900
- Anchorage Apartments Under $2,000
Frequently asked questions about renting in Anchorage, AK
What are the average rent costs in Anchorage, AK?
The average rent in Anchorage, AK is $1,329.
What are the average rent costs of a studio apartment in Anchorage, AK?
The average rent for a studio apartment in Anchorage, AK is $1,146.
What are the average rent costs of a one bedroom apartment in Anchorage, AK?
The average rent for a 1 bedroom apartment in Anchorage, AK is $1,329.
What are the average rent costs of a two bedroom apartment in Anchorage, AK?
The average rent for a 2 bedroom apartment in Anchorage, AK is $1,602.
What are the average rent costs of a three bedroom apartment in Anchorage, AK?
The average rent for a 3 bedroom apartment in Anchorage, AK is $1,826.
What are the average rent costs of a four bedroom apartment in Anchorage, AK?
The average rent for a 4 bedroom apartment in Anchorage, AK is $1,956.
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Note: Based on community-supplied data and independent market research. Subject to change without notice.