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Cheap Apartments for Rent in Anchorage, AK

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  • Apartments Under $500 Apartments Under $700 Apartments Under $800 Apartments Under $900 Apartments Under $1,000 Apartments Under $1,100

  • Apartments Under $500

  • Only 1 unit left
    Studio $475+
    1 bd $1,000+
    2 bd $1,175
    Base rent
    Verified Listing

    Midtown Center II

    3.0 (3)
    1003 Chugach Way, Anchorage, AK 99503
    Apply online

  • Apartments Under $700

  • 4 units available
    Studio $1,200
    1 bd $1,200
    2 bd $600+
    Base rent
    Verified Listing

    Midtown Center

    3.5 (6)
    909 Chugach Way, Anchorage, AK 99503
    Apply online

  • Apartments Under $800

  • Only 1 unit left
    1 bd $750
    Base rent
    Verified Listing

    3011 Lois Dr. #108

    3011 Lois Dr. #108 - CLOSED, Anchorage, AK 99517
    Apply online • Pet friendly

  • Apartments Under $900

  • 5 units available
    Studio $840+
    Base rent
    Verified Listing

    Guesthouse

    321 E 5Th Avenue, Anchorage, AK 99501
    Apply online • In unit laundry
  • New Units Available 5 units available
    Studio $840+
    1 bd $1,120
    2 bd $1,220
    Base rent
    Verified Listing

    Lake House

    3009 Lakeshore Drive, Anchorage, AK 99517
    Apply online • In unit laundry
  • 7 units available
    Studio $840+
    Base rent
    Verified Listing

    Barratt Inn

    4610 Spenard Dr, Anchorage, AK 99517
    Apply online • In unit laundry • Public Transportation

  • Apartments Under $1,000

  • Only 1 unit left
    2 bd $900
    Base rent
    Verified Listing

    4433 San Ernesto Ave #B313

    4433 San Ernesto Ave #B313 "CLOSED", Anchorage, AK 99508
    Apply online • Pet friendly
  • Only 1 unit left
    Studio $900
    Base rent
    Verified Listing

    217 N Klevin Ave

    217 N Klevin St, Anchorage, AK 99508
    Apply online • Pet friendly
  • 6 units available
    1 bd $925+
    2 bd $1,200
    Base rent
    Verified Listing

    525 E 14th Ave #1-6

    3.5 (2)
    525 E 14Th Ave (CLOSED 7/26), Anchorage, AK 99501
    Apply online • Pet friendly
  • Studio $975
    1 bd $1,100
    2 bd $1,250
    Base rent
    Verified Listing

    Panoramic View

    4.5 (34)
    787 Elm Street, Anchorage, AK 99501
    Pet friendly • In unit laundry • Hardwood Floors

  • Apartments Under $1,100

  • Only 2 units left
    2 bd $1,000+
    Base rent
    Verified Listing

    3005 Eureka St.#A,B

    3005 Eureka St. - CLOSED 08/2024, Anchorage, AK 99503
    Apply online • Pet friendly
  • Rent specials 4 units available
    Studio $1,050
    1 bd $1,270+
    Base rent
    Verified Listing

    Continental

    4.5 (19)
    3321 Eureka St, Anchorage, AK 99503
    Apply online • Pet friendly • Fitness center
  • Only 1 unit left
    Studio $1,075
    Base rent
    Verified Listing

    4th And D Residential

    415 D St, Anchorage, AK 99501
    Apply online • Cat friendly • In unit laundry
  • Only 1 unit left
    2 bd $1,100
    Base rent
    Verified Listing

    7330 Huntsmen Cir #13F

    7330 Huntsmen Cir #13F - CLOSED, Anchorage, AK 99518
    Apply online • Pet friendly
  • New Units Available 13 units available
    Studio $1,100+
    1 bd $1,200+
    2 bd $1,505+
    Base rent
    Verified Listing

    Castle

    4.0 (68)
    915 W 27Th Avenue, Anchorage, AK 99503
    Apply online • Pet friendly • In unit laundry
  • New Units Available Only 3 units left
    Studio $1,130+
    Base rent
    Verified Listing

    Arbor Pointe

    4.0 (1)
    1473 W 25Th Ave, Anchorage, AK 99503
    Apply online • Pet friendly • In unit laundry
  • Rent specials 4 units available
    Studio $1,140
    1 bd $1,225+
    Base rent
    Verified Listing

    The Village At Calais

    4.5 (88)
    601 W 32Nd Ave, Anchorage, AK 99503
    Apply online • Cat friendly • In unit laundry
  • 10260 Jamestown Drive #25A (CLOSED) 2 Beds Apartment for Rent
    Only 1 unit left
    2 bd $1,145
    Base rent
    Verified Listing

    10260 Jamestown Drive #25A

    10260 Jamestown Drive #25A (CLOSED), Anchorage, AK 99507
    Apply online • Pet friendly
  • Only 1 unit left
    2 bd $1,150
    Base rent
    Verified Listing

    9610 Morningside Lp #B4

    9610 Morningside Lp #B4 *CLOSED 5/16/24*, Anchorage, AK 99515
    Apply online • Pet friendly
  • New Units Available 6 units available
    Studio $1,155
    1 bd $1,255+
    2 bd $1,495
    Base rent
    Verified Listing

    College View

    4.0 (13)
    3501 E 42Nd Ave, Anchorage, AK 99508
    Apply online • Pet friendly • In unit laundry
  • New Units Available Only 3 units left
    1 bd $1,210
    Base rent
    Verified Listing

    Country Lane

    3.5 (7)
    4255 Old Seward Hwy, Anchorage, AK 99503
    Apply online • Pet friendly • Patio/Balcony
  • 4 units available
    1 bd $1,220+
    Base rent
    Verified Listing

    Campbell Creek Manor

    4.0 (13)
    2660 Happy Lane, Anchorage, AK 99507
    Apply online • Cat friendly • Parking
  • 4 units available
    1 bd $1,245
    2 bd $1,345
    Base rent
    Verified Listing

    Independence Park Apartments

    4.0 (9)
    9731 Vanguard Dr, Anchorage, AK 99507
    Apply online • Pet friendly • Parking
  • 23-0-city

Frequently asked questions

What is the price of a cheap apartment in Anchorage, AK?

The price range of a cheap apartment is between $750 and $1,605.

How many cheap rentals are available in Anchorage, AK on RentCafe?

There are 112 cheap rentals available on RentCafe. Prices and availability in Anchorage, AK were last updated on 23 Aug 2026.

What is the average size of a cheap apartment in Anchorage, AK?

The average Anchorage, AK cheap apartment size is 470 sq. ft.

What are the advantages of renting a cheap apartment in Anchorage, AK?

Cheap apartments in Anchorage, AK are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Anchorage, AK?

A cheap apartment in Anchorage, AK offers little storage space and fewer amenities compared to other apartments.

Looking for a cheap apartment for rent in Anchorage, AK? With RentCafe, finding an affordable apartment in Anchorage, AK has never been easier. We feature 79 low-priced rentals directly from property managers, with rents lower than the Anchorage, AK average. What is a cheap rent in Anchorage, AK? The average apartment rent in Anchorage is $1,525 per month so any rental south of $1,220 would be considered cheap here. On RentCafe, Anchorage, AK rents go as low as $475/mo.