Deals & Discount Filters
Two Bedroom Apartments under $1,500 for Rent in Anchorage, AK
40 Rentals
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2 BEDS$1,480Russian Jack
4545 Reka Dr, Anchorage, AK 99508 -
2 BEDS$1,250The Mallary
660 W 34th Ave, Anchorage, AK 99503 -
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Total Monthly Price Total Monthly Price New2 BEDS, 1 BATH$1,350Base Rent$1,350Required Monthly FeesNoneTotal Monthly Price$1,3501805 Dare Ave Unit 1
1805 Dare Ave, Anchorage, AK 99515 -
2 BEDS, 1 BATH$1,470353 Hightower Rd
353 Hightower Rd, Anchorage, AK 99587 -
2 BEDS, 1 BATH$82014910 W River Dr
14910 W River Dr, Anchorage, AK 99577 -
2 BEDS, 1 BATH$1,475
1303 W 23rd Ave
1303 W 23rd Ave, Anchorage, AK 99503 -
2 BEDS, 1 BATH$1,4503934 W 30th Ave Unit 2
3934 W 30th Ave, Anchorage, AK 99517 -
2 BEDS, 1 BATH$1,5001916 Beaver Pl Unit #1
1916 Beaver Pl, Anchorage, AK 99504 -
2 BEDS, 1 BATH$1,300
2701 Denali St Unit 1
2701 Denali St, Anchorage, AK 99503 -
2 BEDS, 1 BATH$1,350
5130 Taku Dr Unit 1
5130 Taku Dr, Anchorage, AK 99508 -
2 BEDS, 1 BATH$1,300
325 N Hoyt St Unit C
325 N Hoyt St, Anchorage, AK 99508 -
2 BEDS$1,350
Susitna Ridge
1601 Medfra St, Anchorage, AK 99501 -
2 BEDS$1,290
Castle
915 W 27th Ave, Anchorage, AK 99503 -
2 BEDS$1,399
Legacy
141 Patterson St, Anchorage, AK 99504 -
2 BEDS$1,340
Conifer Grove
218 McCarrey St, Anchorage, AK 99508 -
2 BEDS$1,498
Kings Court
303 E 15th Ave, Anchorage, AK 99501 -
2 BEDS$1,470
The Outlook Apartments
234 E 15th Ave, Anchorage, AK 99501 -
2 BEDS$1,470
ReNew Eagle River
11408 Heritage Ct, Eagle River, AK 99577
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Clear All FiltersLiving & 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 $1,145 / mo
- 1 Bedroom 588 Sq Ft $1,333 / mo
- 2 Bedrooms 852 Sq Ft $1,596 / mo
- 3 Bedrooms 933 Sq Ft $1,812 / mo
- 4 Bedrooms 1,141 Sq Ft $1,950 / mo
Top Budget-Friendly Neighborhoods in Anchorage
(For 1 bedroom apartments)- Neighborhoods Average Sq Ft Average Rent
- Midtown Anchorage 632 Sq Ft $1,315/mo
- Spenard 639 Sq Ft $1,368/mo
- Russian Jack Park 558 Sq Ft $1,403/mo
- North Star 625 Sq Ft $1,446/mo
- Downtown Anchorage 629 Sq Ft $1,455/mo
- Northeast Anchorage 585 Sq Ft $1,474/mo
- South Addition 596 Sq Ft $1,614/mo
- South Anchorage 696 Sq Ft $1,690/mo
- Campbell Park 692 Sq Ft $1,700/mo
- Abbott Loop 716 Sq Ft $1,848/mo
Discover the cheapest neighborhoods in Anchorage
Education
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Apartments for Rent Near Anchorage
Anchorage Apartments for Rent in Your Budget
- Apartments with Move-In Specials in Anchorage, AK
- 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
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Note: Based on community-supplied data and independent market research. Subject to change without notice.