Deals & Discount Filters
Apartments under $1,500 for Rent in Anchorage, AK
175 Rentals
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STUDIO$1,310+1 BED$1,415+2 BEDS$1,495+Alpine
5215 Mockingbird Dr, Anchorage, AK 99507 -
STUDIO$975+1 BED$1,050+2 BEDS$1,175+Panoramic View
787 Elm St, Anchorage, AK 99501 -
STUDIO$1,160+1 BED$1,220+2 BEDS$1,460+
College View
3501 E 42nd Ave, Anchorage, AK 99508 -
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1 BED$1,315The Club at Eagle Point
5640 Lake Otis Pky, Anchorage, AK 99507 -
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2 BEDS$1,250
The Mallary
660 W 34th Ave, Anchorage, AK 99503 -
STUDIO$950
Merrill Crossing
1275 E 9th Ave, Anchorage, AK 99501 -
1 BED$1,395+2 BEDS$1,480+
Russian Jack
4545 Reka Dr, Anchorage, AK 99508 -
STUDIO$1,325
The Greenbriar
4318 Vance Dr, Anchorage, AK 99508 -
1 BED$1,330
Central Park Apartments
2300 D St, Anchorage, AK 99503 -
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1 BED$1,225
Chester Park Estate
1019 E 20th Ave, Anchorage, AK 99501 -
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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 -
Total Monthly Price Total Monthly Price New1 BED, 2 BATHS$1,050Base Rent$1,050Required Monthly FeesNoneTotal Monthly Price$1,0502536 Forest Park Dr Unit 1 room 5
2536 Forest Park Dr, Anchorage, AK 99517 -
Total Monthly Price Total Monthly Price New1 BED, 1 BATH$1,400Base Rent$1,400Required Monthly FeesNoneTotal Monthly Price$1,400
1426 Orca St
1426 Orca St, Anchorage, AK 99501 -
2 BEDS, 1 BATH$82014910 W River Dr
14910 W River Dr, Anchorage, AK 99577 -
2 BEDS, 1 BATH$1,4751303 W 23rd Ave
1303 W 23rd Ave, Anchorage, AK 99503 -
1 BED, 1 BATH$1,205
1046 W 26th Ave
1046 W 26th Ave, Anchorage, AK 99503 -
1 BED, 1 BATH$1,225
2720 Coho Way
2720 Coho Way, Anchorage, AK 99517 -
2 BEDS, 1 BATH$1,470
353 Hightower Rd
353 Hightower Rd, Anchorage, AK 99587 -
1 BED, 1 BATH$1,300
18676 Amonson Rd
18676 Amonson Rd, Anchorage, AK 99567 -
1 BED, 1 BATH$1,150
3400 Eureka St Unit #203
3400 Eureka St, Anchorage, AK 99503 -
2 BEDS, 1 BATH$1,4503934 W 30th Ave Unit 2
3934 W 30th Ave, Anchorage, AK 99517 -
1 BED, 1 BATH$1,3951441 E 12th Ave Unit 3
1441 E 12th Ave, Anchorage, AK 99501 -
2 BEDS, 1 BATH$1,500
1916 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 -
1 BED, 1 BATH$1,350
3103 W 33rd Ave Unit 3
3103 W 33rd Ave, Anchorage, AK 99517 -
1 BED, 1 BATH$1,200
8831 Cordell Cir Unit 2
8831 Cordell Cir, Anchorage, AK 99502 -
1 BED, 1 BATH$1,200
3350 Boniface Pkwy
3350 Boniface Pkwy, Anchorage, AK 99504 -
1 BED, 1 BATH$1,200
1710 Muldoon Cir Unit 1
1710 Muldoon Cir, Anchorage, AK 99504 -
1 BED$1,345+2 BEDS$1,470+
The Outlook Apartments
234 E 15th Ave, Anchorage, AK 99501 -
1 BED$1,264
Ptarmigan Meadows
5340 E 26th Ave, Anchorage, AK 99508 -
1 BED$1,495
The Glen
1200 Columbine St, Anchorage, AK 99508
Showing 42 of 69 results, Page 1 of 2
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 $1,144 / 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 639 Sq Ft $1,313/mo
- Spenard 647 Sq Ft $1,374/mo
- Russian Jack Park 561 Sq Ft $1,404/mo
- North Star 626 Sq Ft $1,454/mo
- Downtown Anchorage 637 Sq Ft $1,470/mo
- Northeast Anchorage 623 Sq Ft $1,540/mo
- South Addition 597 Sq Ft $1,637/mo
- South Anchorage 710 Sq Ft $1,714/mo
- Campbell Park 707 Sq Ft $1,725/mo
- Abbott Loop 731 Sq Ft $1,880/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.