Apartments for Rent in Anchorage, AK

Prices and availability in Anchorage, AK were last updated on 1 Sep 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 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 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.

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.