
Cheap Homes for Rent in Anchorage, AK from $1,000 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Anchorage.


1740 Muldoon Cir

1301 Medfra St

5439 E 32nd Ave

7531 Peck Ave

261 McCarrey St

8480 Jewel Lake Rd

350 Flower St

5419 E 42nd Ave

3500 Northwood Dr
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.

9620 Morningside Loop

6140 Collins Way

3061 Lois Dr

3005 W 33rd Ave

6211 E 41st Ct

3100 Ward Plz, Unit 34
Anchorage, AK Local Guide

How much does it cost to rent a home in Anchorage?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Anchorage 2 Bedroom Homes for Rent | $2,065 | $1,400 | $3,300 |
Anchorage 3 Bedroom Homes for Rent | $2,630 | $1,650 | $4,500 |
Anchorage 4 Bedroom Homes for Rent | $3,500 | $3,200 | $3,800 |
Browse Top Homes for Rent in Anchorage
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Anchorage, AK Local Guide
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Cheapest Neighborhoods for Apartments in Anchorage, AK
Pricing Updated: 04/27/2025Current apartment rentals in the Anchorage, AK area range in price from $700 to $3,230 with an overall median price of $1,942. The three Anchorage neighborhoods with the lowest median rent pricing are Turnagain at $1,350, Midtown Anchorage at $950, and Huffman O Malley at $1,595. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Anchorage Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Turnagain | $1,475 | $1,350 | 2 |
Midtown Anchorage | $1,500 | $950 | 29 |
Huffman O Malley | $1,595 | $1,595 | 1 |
Midtown | $1,595 | $950 | 36 |
Turnagain South Columbia Park | $1,600 | $1,600 | 1 |
Bayshore Klatt | $1,625 | $1,050 | 3 |
Taku | $1,650 | $1,075 | 29 |
Taku Campbell | $1,650 | $1,075 | 29 |
Downtown | $1,850 | $700 | 28 |
Russian Jack Park | $1,907 | $900 | 60 |
Cheapest Available Anchorage Apartments for Rent
 The cheapest available apartment rental in Anchorage, AK is a Studio unit found at Loussac Sogn in the Government Hill neighborhood priced from $700. The Adelaide in the Government Hill neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $917. Here is today’s list of the most affordable Anchorage apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Loussac Sogn | Studio 1 | Studio,1BA | $700 |
The Adelaide | Studio | Studio,1BA | $917 |
Panoramic View | Deluxe 1 Bedroom | 1BR,1BA | $1,075 |
College View | Studio | Studio,1BA | $1,120 |
Castle | Studio small | Studio,1BA | $1,125 |
Best Value Apartments for Rent in Anchorage, AK
As of April 27, 2025 the best value apartment in the Anchorage area is the $1.55 price per square foot 2B/2B Model at Mariners View in the in the Government Hill neighborhood starting from $2,200. The second greatest value Anchorage apartment is the 1803 Dare Ave Model at 1803 Dare Ave, Unit 7 starting at $1,595 with a $1.25 price per square foot in the Old Seward Oceanview neighborhood. Here is today’s list of the best values for Anchorage apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Mariners View | 2B/2B | 2BR,2BA | $1.55 |
1803 Dare Ave, Unit 7 | 1803 Dare Ave | 3BR,1BA | $1.25 |
1410 W 27th Ave, Unit 3 | 1410 W 27th Ave | 3BR,1BA | $1.33 |
16943 Hanson Dr, Unit C | 16943 Hanson Dr | 3BR,1BA | $1.54 |
8001 E 3rd Ave, Unit 2 | 8001 E 3rd Ave | 3BR,1BA | $1.58 |
712 W 47th Ave, Unit 712-4 | 712 W 47th Ave | 2BR,1BA | $1.64 |
525 N Flower St, Unit A | 525 N Flower St | 2BR,1BA | $1.23 |
Hampstead Heath | 2 Bed | 2BR,1BA | $1.61 |
Tudor Park Apartments | 1 bd 3rd floor | 1BR,1BA | $1.67 |
Northwind Apartments | 3rd Floor 1 bedroom | 1BR,1BA | $1.69 |
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Anchorage, AK Area Reviews
Lorelie • 3+ years in Anchorage
February 25, 2025Nice
Frequently Asked Questions about Anchorage
What type of rentals are currently available in Anchorage?
There are currently 619 Apartments for Rent in Anchorage, AK with pricing that ranges from $700 to $3,230. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Anchorage ranging from $1,075 to $4,500.
What is the current price range for Rental Homes in Anchorage?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Anchorage ranges from $1,075 to $4,500 with an average monthly rent of $2,388.
How much are larger Three and Four Bedroom Rentals in Anchorage?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Anchorage range from $1,500 to $2,850, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,650 to $4,500. Four Bedroom Single-Family rentals are also available starting from $3,200 and Four Bedroom Apartments start at $2,050.
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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.

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.

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.