Apartments for Rent in Anchorage, AK

Prices and availability in Anchorage, AK were last updated on 21 Oct 2026.

The best apartments in Anchorage, AK are: ReNew Bayshore Townhomes, Alpine, Castle Apartment Homes, Admirals Cove and Century Plaza.

The average rent in Anchorage, AK is $1,464.

The price range for a studio apartment in Anchorage, AK is between $630 and $2,500.

The price range for a 1-bedroom apartment in Anchorage, AK is between $750 and $2,330.

The price range for a 2-bedroom apartment in Anchorage, AK is between $795 and $3,400.

The price range for a 3-bedroom apartment in Anchorage, AK is between $1,110 and $3,800.

In Anchorage 36% of the housing is rented out compared to 64% of homes are owned, according to the most recent Census Bureau estimates. 5% of Anchorage's apartments are found in large buildings of 50 units or more, 79% are located in smaller apartment complexes with less than 50 units, and 13% are single-family rentals.

The average age of rental buildings in Anchorage is 44 years old, with 12% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which 94% are garden-style apartment communities, 6% are mid-sized buildings, and 1% are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Rental apartments in Anchorage come in a range of sizes and floorplans. Studio apartments represent 8% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 42% of the total apartments in the city, while 2-bedroom floorplans represent around 41% of all rentals in Anchorage. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.