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Cheap Apartments for Rent in Alaska
78 Rentals Available

Apartments Under $500

  • Today

    909 Chugach Way, Anchorage, AK 99503
    1 Unit available
    • Studio
    • 2 BEDS
    • 4 BEDS
    • Ask for pricing
    • Ask for pricing
    • $475

Apartments Under $700

  • Top Rated for Value
    Today

    Homer Drive, Anchorage, AK 99503
    3 Units available
    • Studio
    • 1 BED
    • 2 BEDS
    • $600
    • $850
    • $1,325

Apartments Under $800

  • Top Rated for Location
    Today

    787 Elm Street, Anchorage, AK 99501
    1 Unit available
    • Studio
    • 1 BED
    • 2 BEDS
    • Ask for pricing
    • $785
    • Ask for pricing

Apartments Under $900

  • Today

    7310 Tanaga Circle, Anchorage, AK 99504
    1 Unit available
    • 1 BED
    • $850

Apartments Under $1,000

  • Today

    123 Start St, City, AK 11111
    11 Units available
    • 1 BED
    • 2 BEDS
    • 3 BEDS
    • $908+
    • $971
    • $1,349+
  • Interactive banner rent
    What's your rent budget?
  • 1 day ago

    1473 W 25Th Avenue, Anchorage, AK 99503
    1 Unit available
    • Studio
    • 1 BED
    • $910
    • Ask for pricing
  • Top Rated for Staff
    Today

    915 W 27Th Avenue, Anchorage, AK 99503
    6 Units available
    • Studio
    • 1 BED
    • 2 BEDS
    • $920
    • Ask for pricing
    • $1,085
  • Today

    907 West 27Th Avenue, Anchorage, AK 99503
    1 Unit available
    • 1 BED
    • 2 BEDS
    • Ask for pricing
    • $950
  • Resident Rated
    1 day ago

    5215 Mockingbird Dr, Anchorage, AK 99507
    2 Units available
    • Studio
    • 1 BED
    • 2 BEDS
    • $970
    • $1,080
    • Ask for pricing

Apartments Under $1,100

  • Top Rated for Location
    1 day ago

    5640 Lake Otis Parkway, Anchorage, AK 99507
    5 Units available
    • 1 BED
    • $1,005+
  • Top Rated for Staff
    Have rent special Rent Specials
    1 day ago

    1601 Medfra Street, Anchorage, AK 99501
    4 Units available
    • Studio
    • 1 BED
    • 2 BEDS
    • $1,005
    • Ask for pricing
    • $1,233+
  • Interactive banner bedroom
    How many bedrooms are you
    looking for?
    • Studio
    • 1
    • 2
    • 3
    • 4+
  • Top Rated for Location
    Have rent special Rent Specials
    1 day ago

    3321 Eureka St, Anchorage, AK 99503
    2 Units available
    • Studio
    • 1 BED
    • 2 BEDS
    • Ask for pricing
    • $1,025+
    • Ask for pricing
  • Top Rated for Location
    1 day ago

    601 W 32Nd Ave, Anchorage, AK 99503
    1 Unit available
    • Studio
    • 1 BED
    • Ask for pricing
    • $1,050
  • Top Rated for Staff
    Today

    4545 Reka Dr #1, Anchorage, AK 99508
    6 Units available
    • 1 BED
    • 2 BEDS
    • $1,055+
    • $1,190
  • Top Rated for Location
    1 day ago

    423 W 22Nd Ave Ste 200, Anchorage, AK 99503
    4 Units available
    • 1 BED
    • 2 BEDS
    • $1,055+
    • $1,290+
  • Top Rated for Location
    Today

    2421 Bentzen Circle, Anchorage, AK 99517
    4 Units available
    • Studio
    • 1 BED
    • 2 BEDS
    • $1,065+
    • Ask for pricing
    • $1,510
  • Top Rated for Staff
    1 day ago

    4221 Laurel Street, Anchorage, AK 99508
    2 Units available
    • Studio
    • 1 BED
    • 2 BEDS
    • Ask for pricing
    • $1,100
    • $1,385
  • Top Rated for Location
    1 day ago

    Old Glenn Hwy #20, Eagle River, AK 99577
    3 Units available
    • 1 BED
    • 2 BEDS
    • $1,110
    • Ask for pricing
  • Top Rated for Location
    1 day ago

    1204 Norman St #32, Anchorage, AK 99504
    4 Units available
    • 1 BED
    • 2 BEDS
    • $1,125
    • $1,297
  • Top Rated for Location
    Today

    326 4Th Street, Juneau, AK 99801
    1 Unit available
    • Studio
    • 1 BED
    • 2 BEDS
    • $1,180
    • Ask for pricing
    • Ask for pricing
  • Top Rated for Location
    1 day ago

    230 W 14Th Ave, Anchorage, AK 99501
    2 Units available
    • Studio
    • 1 BED
    • 2+ BEDS
    • Ask for pricing
    • $1,215+
    • Ask for pricing
  • Interactive banner rent special
    See properties that offer
    rent specials.
  • Top Rated for Location
    1 day ago

    9600 Morningside Loop, Anchorage, AK 99515
    1 Unit available
    • 1 BED
    • 2 BEDS
    • Ask for pricing
    • $1,425
  • Top Rated for Location
    Today

    5901 E 6Th Ave, Anchorage, AK 99504
    4 Units available
    • 2 BEDS
    • 3 BEDS
    • $1,500
    • $1,777
  • Resident Rated
    Today

    6029 Debarr Rd, Anchorage, AK 99504
    4 Units available
    • 2 BEDS
    • $1,839+
  • Resident Rated
    1 day ago

    1200 Columbine Ct, Anchorage, AK 99508
    Contact for availability
    • 1 BED
    • 2 BEDS
    • 3 BEDS
    Ask for pricing
  • Top Rated for Location
    1 day ago

    1711 Lore Road, Anchorage, AK 99507
    Contact for availability
    • 3 BEDS
    Ask for pricing
  • Top Rated for Location
    1 day ago

    141 Patterson St, Anchorage, AK 99504
    Contact for availability
    • 1 BED
    • 2 BEDS
    Ask for pricing
  • Interactive banner pet policy
    View pet-friendly rentals
  • Top Rated for Location
    Today

    3531 E 42Nd Ave, Anchorage, AK 99508
    Contact for availability
    • Studio
    • 1 BED
    • 2 BEDS
    Ask for pricing

Frequently Asked Questions

What is the price of a cheap apartment in Alaska?

The price range of a cheap apartment is between $475 and $2,865. Find cheap apartments in Alaska.

How many cheap rentals are available in Alaska on RENTCafé?

There are 74 cheap rentals available on RENTCafé. Prices and availability in Alaska were last updated on 26 Nov 2021.

What is the average size of a cheap apartment in Alaska?

The average Alaska cheap apartment size is 645 sq. ft.

What are the advantages of renting a cheap apartment in Alaska?

Cheap apartments in Alaska 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 Alaska?

A cheap apartment in Alaska offers little storage space and fewer amenities compared to other apartments. You might be interested in studio apartments, 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, or browse all RENTCafé apartments for rent in Alaska.

Alaska Demographics

  • Total Population736,502
  • Female 384,462
    Male 352,040
  • Median Age34

Average Rent in Alaska

  • Alaska Average Rental Price, November 2021 $1,150 /mo

Alaska Apartment Rent Ranges

Alaska Rent Trends

Average Rent Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Nov / 2020 Mar / 2021 Jul / 2021 Nov / 2021
Alaska $1,143 $1,035 $1,028 $1,029 $1,035 $1,039 $1,051 $1,073 $1,098 $1,150
National $1,340 $1,344 $1,376 $1,384 $1,387 $1,379 $1,383 $1,393 $1,476 $1,572

Alaska Households

  • Total Number of Households253,260
  • Family 166,244
    Non-family 87,016
  • Children 87,086
    No Children 166,174
  • Average People Per Household3.15
  • Median Household Income$53,822
  • Median Housing Costs Per Month$608

Alaska Education Statistics

Looking for a cheap apartment for rent in Alaska? With RENTCafé, finding an affordable apartment in Alaska has never been easier. We feature 78 low-priced rentals directly from property managers, with rents lower than the Alaska average. What is a cheap rent in Alaska? The average apartment rent in Alaska is $1,150 per month so any rental south of $920 would be considered cheap here. On RENTCafé, Alaska rents go as low as $475/mo.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!