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Cheap Apartments for Rent in Anchorage, AK
464 Rentals
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Total Monthly Price Total Monthly Price New1 BED, 1 BATH$800Base Rent$800Required Monthly FeesNoneTotal Monthly Price$80010040 Gebhart Dr
10040 Gebhart Dr, Anchorage, AK 99515 -
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STUDIO$900Merrill Crossing
1275 E 9th Ave, Anchorage, AK 99501 -
STUDIO$917The Adelaide
201 E 9th Ave, Anchorage, AK 99501 -
Total Monthly Price Total Monthly Price NewSTUDIO$950+1 BED$1,050+Base Rent$950 - $1,050Utilities & EssentialsVariesTotal Monthly Price$950 - $1,050North Pointe Apartments
905 Richardson Vista Rd, Anchorage, AK 99501 -
STUDIO$975+1 BED$1,050+2 BEDS$1,250+Panoramic View
787 Elm St, Anchorage, AK 99501 -
STUDIO, 1 BATH$9953901 Northwood Dr Unit 8
3901 Northwood Dr, Anchorage, AK 99517 -
STUDIO$1,030The Alaskan
102-110 E 11th Ave, Anchorage, AK 99501 -
STUDIO$1,050+1 BED$1,250+
Continental
3321 Eureka St, Anchorage, AK 99503 -
Exceptional Value1 BED$1,085
Gill Oscar House
1344 W 10th Ave, Anchorage, AK 99501 -
STUDIO$1,090+1 BED$1,135+2 BEDS$1,425+Castle
915 W 27th Ave, Anchorage, AK 99503 -
DiscountsSTUDIO$1,130+1 BED$1,185+The Village at Calais
601 W 32nd Ave, Anchorage, AK 99503 -
STUDIO$1,130+1 BED$1,290+Arbor Pointe
1473 W 25th Ave, Anchorage, AK 99503 -
1 BED, 1 BATH$1,150
138 N Klevin St Unit 2
138 N Klevin St, Anchorage, AK 99508 -
1 BED, 1 BATH$1,150
138 N Klevin St
138 N Klevin St, Anchorage, AK 99508 -
STUDIO$1,150+1 BED$1,345+2 BEDS$1,455+
Park Plaza
201 E 16th Ave, Anchorage, AK 99501 -
Rent SpecialSTUDIO$1,160+1 BED$1,302+2 BEDS$1,340+
Conifer Grove
218 McCarrey St, Anchorage, AK 99508 -
STUDIO$1,180+1 BED$1,350+City View
230 W 14th Ave, Anchorage, AK 99501 -
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STUDIO$1,200+1 BED$1,290+2 BEDS$1,355+Susitna Ridge
1601 Medfra St, Anchorage, AK 99501 -
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Total Monthly Price Total Monthly Price New1 BED, 1 BATH$1,200Base Rent$1,200Required Monthly FeesNoneTotal Monthly Price$1,2005205 E 26th Ave Unit 4
5205 E 26th Ave, Anchorage, AK 99508 -
1 BED$1,210Country Lane
810 E 42nd Ave, Anchorage, AK 99503 -
1 BED$1,225+3 BEDS$1,800+Chester Park Estate
1019 E 20th Ave, Anchorage, AK 99501 -
STUDIO$1,230+1 BED$1,310+2 BEDS$1,600+Rancho Tudor
3531 E 42nd Ave, Anchorage, AK 99508 -
1 BED, 1 BATH$1,2503350 Boniface Pkwy
3350 Boniface Pkwy, Anchorage, AK 99504 -
2 BEDS, 1 BATH$1,250533 N Price-2 Unit 2
533 Price St, Anchorage, AK 99508 -
Price Drop. $140 Off1 BED$1,255+2 BEDS$1,480+Russian Jack
4545 Reka Dr, Anchorage, AK 99508 -
Discounts1 BED$1,275Nicole Apartments
1046 W 26th Ave, Anchorage, AK 99503 -
STUDIO$1,275+1 BED$1,305+2 BEDS$1,645+Ladera Villa
2225 Arctic Blvd, Anchorage, AK 99503 -
Exceptional Value1 BED$1,290The Club at Eagle Point
5640 Lake Otis Pky, Anchorage, AK 99507 -
1 BED$1,300+2 BEDS$1,625+3 BEDS$1,975+Stephens Park
3200 Latouche St, Anchorage, AK 99508 -
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2 BEDS, 1 BATH$1,3002 Bedroom West Anchorage Condo! Unit 9
2020 W 36th Ave, Anchorage, AK 99517 -
1 BED$1,310Central Park Apartments
2300 D St, Anchorage, AK 99503 -
1 BED$1,314+2 BEDS$1,899+Ptarmigan Meadows
5340 E 26th Ave, Anchorage, AK 99508 -
Rent SpecialSTUDIO$1,325+1 BED$1,515+2 BEDS$1,539+The Greenbriar
4318 Vance Dr, Anchorage, AK 99508 -
Rent SpecialSTUDIO$1,330+1 BED$1,415+2 BEDS$1,565+Alpine
5215 Mockingbird Dr, Anchorage, AK 99507 -
1 BED$1,340+2 BEDS$1,490+Hillside Chalet
631 E 22nd Ave, Anchorage, AK 99503 -
1 BED$1,345+2 BEDS$1,560+Arctic Sun
625 W 46th Ave, Anchorage, AK 99503
Showing 42 of 174 results, Page 1 of 5
Anchorage at a Glance
Anchorage, AK Cheap Apartments for Rent
When looking for cheap apartments in 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 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 174 cheap apartments available in Anchorage Apartment Finder is the place to find your next rental.
Renting in Anchorage
Average Rental Rates and Apartment Sizes
- Apartment Type Average Sq Ft Average Rent
- Studio 421 Sq Ft $1,161 / mo
- 1 Bedroom 587 Sq Ft $1,359 / mo
- 2 Bedrooms 850 Sq Ft $1,644 / mo
- 3 Bedrooms 932 Sq Ft $1,823 / mo
- 4 Bedrooms 1,141 Sq Ft $1,958 / mo
Top Budget-Friendly Neighborhoods in Anchorage
(For 1 bedroom apartments)- Neighborhoods Average Sq Ft Average Rent
- Midtown Anchorage 612 Sq Ft $1,302/mo
- North Star 631 Sq Ft $1,340/mo
- Russian Jack Park 583 Sq Ft $1,341/mo
- Spenard 646 Sq Ft $1,346/mo
- Downtown Anchorage 628 Sq Ft $1,436/mo
- Campbell Park 673 Sq Ft $1,670/mo
- South Anchorage 665 Sq Ft $1,677/mo
- Abbott Loop 673 Sq Ft $1,811/mo
- South Addition 612 Sq Ft $1,842/mo
Discover the cheapest neighborhoods in Anchorage
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Apartment Finder utilizes the industry's largest and most complete database of real-time rents and availabilities to help you find an amazing deal on your next rental.
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Apartment communities change their rental rates often - sometimes multiple times a day. We track the changes and keep you up to date when a rental rate decreases.
Best Value
"Best value" units are located in buildings rated three stars or higher. We label apartment rentals that are priced significantly less than similar high-quality units nearby.
Rent Specials
Apartment communities regularly advertise deals for new residents. Whether it's a move-in special or a free tv, we locate the rentals that offer a little something extra when you sign your lease.
Note: Based on community-supplied data and independent market research. Subject to change without notice.