Note: Properties with the Total Monthly Price badge include all required fees. Tap the badge for more details.
-

Bedrooms

Bathrooms

Deals & Discount Filters
All Filters

Deals & Discounts

Price Range

–

Beds & Baths

Beds

Baths

Home Type

Pet Policy

Interior & Community Amenities

Speciality Housing

Keyword Search

Cheap Apartments for Rent in South Anchorage

156 Rentals
.
  1. Building Photo - 10040 Gebhart Dr
    1 BED, 1 BATH
    $800
    Total Monthly Price Total Monthly Price New
    Base Rent$800
    Required Monthly FeesNone
    Total Monthly Price$800

    10040 Gebhart Dr

    10040 Gebhart Dr, Anchorage, AK 99515
    Apply
  5. Building Photo - Rancho Tudor
    STUDIO
    $1,230+
    1 BED
    $1,310+
    2 BEDS
    $1,600+

    Rancho Tudor

    3531 E 42nd Ave, Anchorage, AK 99508
  7. Rent Special
    Rent Special
    STUDIO
    $1,325+
    1 BED
    $1,515+
    2 BEDS
    $1,539+

    The Greenbriar

    4318 Vance Dr, Anchorage, AK 99508
  8. Building Photo - Alpine
    Rent Special
    Rent Special
    STUDIO
    $1,330+
    1 BED
    $1,415+
    2 BEDS
    $1,535+

    Alpine

    5215 Mockingbird Dr, Anchorage, AK 99507
    (855) 959-3601
  11. Building Photo - Deer Park
    1 BED
    $1,390+
    2 BEDS
    $1,600+

    Deer Park

    4221 Laurel St, Anchorage, AK 99508
  12. Building Photo - Quiet Creek
    1 BED
    $1,430+
    2 BEDS
    $1,725+

    Quiet Creek

    4543 Lake Otis Pky, Anchorage, AK 99507
  23. Building Photo - 749 Fischer Ave
    2 BEDS, 1 BATH
    $1,700
    Total Monthly Price Total Monthly Price New
    Base Rent$1,700
    Required Monthly FeesNone
    Total Monthly Price$1,700

    749 Fischer Ave Unit 2

    749 Fischer Ave, Anchorage, AK 99518
    Apply
  24. Building Photo - Montclair
    2 BEDS
    $1,700

    Montclair

    7847 Jewel Lk, Anchorage, AK 99502
  25. Building Photo - 9645 Independence Dr
    Rent Special
    Rent Special
    1 BED, 1 BATH
    $1,750
    Total Monthly Price Total Monthly Price New
    Base Rent$1,750
    Required Monthly FeesNone
    Total Monthly Price$1,750

    9645 Independence Dr Unit 302

    9645 Independence Dr, Anchorage, AK 99507
    Apply
  36. Building Photo - 1781 Elcadore Dr
    3 BEDS, 2 BATHS
    $2,500
    Total Monthly Price Total Monthly Price New
    Base Rent$2,500
    Required Monthly FeesNone
    Total Monthly Price$2,500

    1781 Elcadore Dr Unit 1

    1781 Elcadore Dr, Anchorage, AK 99507
    Apply
  37. Building Photo - 9260 Roy St
    3 BEDS, 1 BATH
    $2,500

    9260 Roy St

    9260 Roy St, Anchorage, AK 99502
  39. Building Photo - 635 Pearl Dr
    3 BEDS, 2.5 BATHS
    $2,650
    Total Monthly Price Total Monthly Price New
    Base Rent$2,650
    Required Monthly FeesNone
    Total Monthly Price$2,650

    635 Pearl Dr

    635 Pearl Dr, Anchorage, AK 99518
Showing 42 of 51 results, Page 1 of 2

Anchorage at a Glance

Average Rent

N/A
(All bedrooms and property types)
0

School Rating

out of 10 Rating
Learn more about
Schools in Anchorage

Cheap Apartments in South Anchorage Neighborhood in Anchorage, AK

When looking for cheap apartments in South Anchorage, Apartment Finder is your deal-hunting partner. Whether you’re looking for a studio, a one-bedroom, or a two-bedroom apartment, you want the best place at the right price. We have a great selection of budget-friendly apartments for rent, and we’ll show you which apartments offer the best value when compared to other apartments in South Anchorage.

Finding a rental that fits your budget without compromising on quality can seem like a challenge, but Apartment Finder makes it easy to discover cheap apartments with all the features you want. To find an apartment you can afford, try looking in less popular neighborhoods outside of the city center. Timing is everything when searching for rentals that are affordable, so look at different times of the day, different days of the week and (if you can wait) certain months like December through March. When you find an apartment with a great price, don’t hesitate! Cheap apartments tend to go very quickly.

Affordability doens't have to equal sacrifice. While it’s important to be flexible, you might not have to give up as much as you think. You can find a cheap apartment for rent, complete with must-have amenities such as paid utilities and an in-unit washer and dryer. Click on any of these properties to see photos and floor plans, read reviews, check out the rent calculator, and learn more about the neighborhood with information on nearby parks, shopping malls, and transit stops. With 51 cheap apartments available in South Anchorage, Apartment Finder is the place to find your next rental.

Top Budget-Friendly Neighborhoods in Anchorage

(For 1 bedroom apartments)

Education

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

tooltips


I would like to...
0 out of 400 characters
By clicking above, you agree we may pass along your info so this property or the property’s affiliates can email, call, text, or autodial you to follow up and for any purpose. You also agree to... By clicking above, you agree we may pass along your info so this property or the property’s affiliates can email, call, text, or autodial you to follow up and for any purpose. You also agree to Apartmentfinder.com’s Privacy Statement and Terms of Service. Consent is not a condition for services. Message and data rates may apply. Read More Read Less

Submitting Request

Thank You

Your email has been sent.

Learn about our ratings.