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cheap apartments
Last updated January 21 2021 at 8:00 PM

157 Cheap Apartments for rent in Anchorage, AK

Finding cheap apartments in Anchorage takes some ingenuity and effort, as well as quick action. Before you head out on your search, bring along pay stubs, bank statements, letter... Read Guide >
Verified
8 Units Available
Alpine Apartment Homes
5215 Mockingbird Dr
Anchorage, AK
Studio
Ask
1 Bedroom
$950
780 sqft
2 Bedrooms
$1,045
830 sqft
Last updated January 21 at 07:50 PM
If you’re looking for an apartment in Anchorage, AK, that's charming, clean, affordable, and surrounded by gorgeous views of the Chugach Mountains, be sure to check out our thoughtfully designed community at Alpine Apartment Homes.
Verified
6 Units Available
Brighton Woods Apartment Homes
1204 Norman St
Anchorage, AK
1 Bedroom
$940
665 sqft
2 Bedrooms
$1,215
931 sqft
Last updated January 21 at 07:50 PM
Looking for an apartment in Anchorage, AK, that’s near the great Alaskan outdoors while still providing the conveniences of modern-day living? Brighton Woods Apartment Homes fits the bill.
Verified
14 Units Available
Castle Apartments
915 W 27th Ave
Anchorage, AK | Downtown Spenard
Studio
$750
354 sqft
1 Bedroom
$850
552 sqft
2 Bedrooms
$1,105
703 sqft
Last updated January 21 at 07:50 PM
Looking for an apartment in Anchorage, AK, that has modern conveniences, proximity to outdoor adventures, and breathtaking vistas? You’ll love living at The Castle Apartment Homes with thoughtfully designed apartments that are conveniently close to
Verified
5 Units Available
Park Plaza
201 E 16th Ave
Anchorage, AK
Studio
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1 Bedroom
$900
611 sqft
2 Bedrooms
$1,030
746 sqft
Last updated January 21 at 07:50 PM
Surrounded by beautiful parks and near Westchester Lagoon, Park Plaza Apartment Homes is the perfect place to find an apartment in Anchorage, AK. Our community is centrally located, making your daily commute to work or school easy and stress-free.
Verified
7 Units Available
Susitna Ridge
1601 Medfra St
Anchorage, AK
Studio
$956
500 sqft
1 Bedroom
$913
520 sqft
2 Bedrooms
$1,026
700 sqft
Last updated January 21 at 07:50 PM
If you’re looking for an apartment in Anchorage, AK, that offers great amenities, outstanding community features and a prime location, you’ll love Susitna Ridge Apartment Homes.
Verified
3 Units Available
Ptarmigan Meadows
5340 E 26th Ave
Anchorage, AK
1 Bedroom
$870
504 sqft
2 Bedrooms
$1,350
920 sqft
Last updated January 21 at 07:50 PM
Surrounded by Russian Jack Park and close to convenient shopping and entertainment centers, Ptarmigan Meadows Apartment Homes is the perfect spot to find an apartment in Anchorage, AK.
Verified
3 Units Available
Ladera Villa
2225 Arctic Blvd
Anchorage, AK
Studio
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1 Bedroom
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2 Bedrooms
$1,143
865 sqft
Last updated January 21 at 07:50 PM
Looking for an apartment in Anchorage, AK, that’s comfortable, convenient, and in a prime location? Ladera Villa Apartment Homes is the answer.
$
Verified
3 Units Available
The Legacy
141 Patterson St
Anchorage, AK
1 Bedroom
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2 Bedrooms
$1,005
790 sqft
3 Bedrooms
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Last updated January 21 at 07:50 PM
Legacy Apartment Homes makes your comfort and rental experience its top priority. If you’re seeking an apartment in Anchorage, AK, be sure to check out our community.
Verified
7 Units Available
Century Plaza Apartments
124 E 3rd Ave
Anchorage, AK | Downtown Anchorage
Studio
$960
380 sqft
1 Bedroom
$1,230
707 sqft
2 Bedrooms
$1,550
1050 sqft
Last updated January 21 at 07:50 PM
Welcome home to Century Plaza Apartment Homes! If you’ve been looking for an apartment in Anchorage, AK, that combines luxury living with a diverse and active community, you’ve found it! This beautiful community puts you close to local restaurants,
Verified
6 Units Available
City View Apartments
230 W 14th Ave
Anchorage, AK
Studio
$880
348 sqft
1 Bedroom
$985
548 sqft
2 Bedrooms
Ask
Last updated January 21 at 07:50 PM
Surrounded by enticing mountain vistas and located near downtown, City View Apartment Homes is the hip-hop place to call your new home.
Verified
1 Unit Available
Montclair Apartments
7847 Jewel Lake Rd
Anchorage, AK | Sand Lake
2 Bedrooms
$1,175
900 sqft
Last updated January 21 at 07:50 PM
Nestled amidst the natural beauty of several local lakes and located near the modern conveniences of downtown, Montclair Apartment Homes is the perfect spot to find an apartment in Anchorage, AK.
Verified
2 Units Available
Russian Jack
4545 Reka Dr #1
Anchorage, AK
1 Bedroom
$870
523 sqft
2 Bedrooms
Ask
Last updated January 21 at 07:50 PM
Anchorage has all the beauty of the great outdoors while still providing the convenience of modern-day living. If you’re moving to Alaska or just across town and need a spacious, affordable apartment, check out Russian Jack Apartment Homes.
Verified
3 Units Available
Taiga Twins Apartments
423 W 22nd Ave
Anchorage, AK
1 Bedroom
$905
688 sqft
2 Bedrooms
$1,170
900 sqft
Last updated January 21 at 07:50 PM
If you’re looking for an apartment in Anchorage, AK, Taiga Apartment Homes has living space that’s perfect for young professionals, couples, or small families.
Verified
6 Units Available
The Club at Eagle Pointe
5640 Lake Otis Pkwy
Anchorage, AK
1 Bedroom
$875
470 sqft
Last updated January 21 at 07:50 PM
Surrounded by gorgeous Alaskan vistas in a prime location that’s close to work, shopping, dining, and entertainment options, The Club at Eagle Point Apartment Homes is the ideal place to settle down.
Verified
6 Units Available
Four Seasons Apartments
5901 E 6th Ave
Anchorage, AK
1 Bedroom
Ask
2 Bedrooms
$1,216
888 sqft
3 Bedrooms
$1,500
1233 sqft
Last updated January 21 at 07:50 PM
Conveniently located right off Glenn Highway close to bus routes and walking paths. New complex in a pet-friendly community. Units have granite counter tops and full-size washer/dryer.
Verified
6 Units Available
Park Plaza II Apartment Homes
1553 A St
Anchorage, AK
Studio
$1,191
462 sqft
1 Bedroom
$1,315
595 sqft
2 Bedrooms
$1,665
900 sqft
Last updated January 21 at 07:50 PM
Tucked away in a private setting, Park Plaza II Apartment Homes offers the perfect location for an apartment in Anchorage, AK. Our community is centrally located, making your daily commute to work or school easy and stress-free.
Verified
5 Units Available
Deer Park
4221 Laurel St
Anchorage, AK
1 Bedroom
$980
650 sqft
2 Bedrooms
$1,116
900 sqft
Last updated January 21 at 07:50 PM
Feel welcomed and relaxed when you come home to your charming apartment at Deer Park Apartment Homes.
Verified
5 Units Available
Village at Calais
601 W 32nd Ave
Anchorage, AK
Studio
$790
425 sqft
1 Bedroom
$895
550 sqft
Last updated January 21 at 07:50 PM
If you’re looking for an apartment in Anchorage, AK, that combines a comfortable abode, excellent community amenities, and a location that puts you near both the beauty of nature and the convenience of city life, check out The Village at Calais
Verified
2 Units Available
Timber Ridge
13900 Old Glenn Hwy
Anchorage, AK | Powder Ridge
1 Bedroom
$956
547 sqft
2 Bedrooms
Ask
Last updated January 21 at 07:50 PM
Timber Ridge Apartment Homes invites professionals, students, couples and families to check out an apartment in Eagle River, AK, just north of Anchorage.
Verified
3 Units Available
Continental Apartments
3321 Eureka St
Anchorage, AK
Studio
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1 Bedroom
$860
529 sqft
2 Bedrooms
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Last updated January 21 at 07:50 PM
Anchorage combines the beauty of pristine nature like towering mountains, sparkling glaciers, and captivating wildlife with a bounty of museums, movie theaters, shopping, parks and hundreds of restaurants to meet your every desire.
Verified
2 Units Available
Rancho Tudor
3531 E 42nd Ave
Anchorage, AK
Studio
$846
460 sqft
1 Bedroom
$920
572 sqft
2 Bedrooms
Ask
Last updated January 21 at 07:50 PM
If you’re looking for an apartment in Anchorage, AK, with modern conveniences, proximity to outdoor adventures, and breathtaking views, check out the thoughtfully designed homes at Rancho Tudor Apartment Homes.
$
Verified
6 Units Available
Greenbriar Apartments
4318 Vance Dr
Anchorage, AK | Castle Heights
Studio
$981
423 sqft
1 Bedroom
$1,002
610 sqft
2 Bedrooms
$1,049
762 sqft
Last updated January 21 at 07:50 PM
Few things are as challenging as moving to a new area and finding a great place to rent. If you’re in that situation and looking for an apartment in Anchorage, AK, check out Greenbriar Apartment Homes.
Verified
3 Units Available
The Glen
1200 Columbine Ct
Anchorage, AK
1 Bedroom
$975
547 sqft
2 Bedrooms
Ask
3 Bedrooms
$1,400
1021 sqft
Last updated January 21 at 07:50 PM
The Glen Apartment Homes is the perfect place to settle down. If you’re seeking an apartment in Anchorage, AK, be sure to visit our community. We have created homes that will make you feel welcome and relaxed after a long day at work.
Verified
4 Units Available
Hillside Chalet Apartment Homes
631 East 22nd Avenue
Anchorage, AK
1 Bedroom
$1,038
720 sqft
2 Bedrooms
$1,140
1008 sqft
Last updated January 21 at 07:50 PM
Hillside Chalet Apartment Homes combines the natural beauty of Alaska with the active and vibrant lifestyle of a big city.
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Frequently Asked Questions (FAQs)
Frequently Asked Questions
What is the typical rent for a studio apartment in Anchorage?
The median rent for a studio apartment in Anchorage is $919.
What is the typical rent for a studio apartment in Anchorage?
The median rent for a studio apartment in Anchorage is $919.
How expensive are one-bedroom apartments in Anchorage?
The median rent for a one-bedroom apartment rental in Anchorage is $1,007.
How expensive are one-bedroom apartments in Anchorage?
The median rent for a one-bedroom apartment rental in Anchorage is $1,007.
How much is rent for two-bedroom apartments in Anchorage?
The median monthly rent for a two-bedroom apartment in Anchorage is $1,326.
How much is rent for two-bedroom apartments in Anchorage?
The median monthly rent for a two-bedroom apartment in Anchorage is $1,326.
City Guide for Anchorage, AK

With the surrounding Cook Inlet, the Alaska Mountain Range and the within-the-city-limits Chugach Mountains, Anchorage is a prime example where function meets form. Geez - on clear days one can see Mt. McKinley, and on clear nights, the Aurora Borealis. The 290,000 residents of Anchorage didn't move there for urban sprawl, that's for sure. See more

What to keep in mind when looking for cheap apartments in Anchorage, AK

Finding cheap apartments in Anchorage takes some ingenuity and effort, as well as quick action. Before you head out on your search, bring along pay stubs, bank statements, letters of recommendations from landlords or employers, and identification. The more proactive you are about your search, the easier it will be to score a deal.

Look for cheap apartments in Anchorage by regularly scouring listings and looking during slower renting seasons, like winter. You can still find a deal if you move during the summer months when apartment hunting is more competitive.

You may be able to find cheap apartments in Anchorage in neighborhoods that are located away from attractions, restaurants, and entertainment. You may need to look farther out than you would prefer, but access to highways or public transportation can get you into the heart of Anchorage.

The building you choose can also make a difference in finding a cheap apartment in Anchorage. Older buildings that need some updating are more likely to have better deals. Walk-up apartments without elevators, on-street parking and few amenities like on-site fitness centers can also signal affordable rents in Anchorage.