Cheap Studio Apartments for Rent in Anchorage, AK from $700 (15 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done
close
View Me
West Midtown Pointe
Studio Apartments

West Midtown Pointe

1425 W 27th AveAnchorage, AK 99503
  • Utilities Included
close
View Me
West Midtown Gardens
Studio Apartments

West Midtown Gardens

1327 W 27th AveAnchorage, AK 99503
  • Utilities Included
close
View Me
West Midtown Village
Studio Apartments

West Midtown Village

1414 W 26th AveAnchorage, AK 99503
  • Utilities Included

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

close
View Me
Beluga Flats
Studio Apartments

Beluga Flats

13496 Old Seward HwyAnchorage, AK 99515
  • Utilities Included
close
View Me
The Adelaide
Studio Apartments

The Adelaide

201 E 9th AveAnchorage, AK 99501
  • Utilities Included
close
View Me
Cedarwood Apartments
Studio Apartments

Cedarwood Apartments

1336 W 23rd AveAnchorage, AK 99503
  • Utilities Included
close
View Me
City View
Studio Apartments

City View

230 W 14th AveAnchorage, AK 99501

Anchorage, AK Local Guide

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Getting Around Anchorage, AK

Walk Score®

62 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

67 / 100

Bikeable

Some bike infrastructure

Transit Score®

35 / 100

Some Transit

A few nearby public transportation options

Anchorage, AK Area Reviews

    Lorelie3+ years in Anchorage

    February 25, 2025

    Nice

    Frequently Asked Questions about Cheap Anchorage Apartments

    What is a cheap apartment in Anchorage?

    A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Anchorage is under $1,225.

    What is the price of a cheap apartment in Anchorage?

    The cheapest apartment in Anchorage is Loussac Sogn which is listed at $700, while the average apartment in Anchorage costs $1,943.

    What types of apartments are the cheapest in Anchorage?

    Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 163 regular apartments in Anchorage that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

    How do the prices of cheap apartments compare to the average apartment in Anchorage?

    Cheap apartments in Anchorage have an average cost of $632 which is $1,311 cheaper than the average rent for all rentals in Anchorage.

    Expert Rental Resources

    Helpful Apartment Articles, How-To's and Tips

    The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

    decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

    Rise of Digital Nomads: Remote Work Tips for Apartment Renters

    Written by: Brandie Parton

    As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

    decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

    Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

    Written by: Christine Leonard, Esq.

    Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

    decorative image for Renting Smart: Lease Basics Every Renter Needs article

    Renting Smart: Lease Basics Every Renter Needs

    Written by: Christine Leonard, Esq.

    Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

    decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

    Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

    Written by: Andrea Lee Negroni, JD

    While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.