Apartments for Rent in Anchorage, AK

Prices and availability in Anchorage, AK were last updated on 31 Aug 2026.

The best apartments in Anchorage, AK are: The Highlands Luxury Residences, ReNew Bayshore Townhomes, Four Seasons, Castle Apartment Homes and Deer Park.

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 $3,110.

The price range for a 2-bedroom apartment in Anchorage, AK is between $840 and $3,320.

The price range for a 3-bedroom apartment in Anchorage, AK is between $1,225 and $3,800.

In Anchorage, 36% of the residents are renting compared to 64% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 5% of Anchorage's rentals, 79% are small-scale complexes with under 50 units, and 13% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Anchorage are about 44 years old, on average. Of these, 12% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About 94% of the rental communities here are low-rise, garden-style communities, 6% are mid-rises, and 1% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Studio apartments in Anchorage are around 8% of rentals, while 1-bedroom floor plans represent 42% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 41% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.