Cheap Apartments for Rent in the Midtown Neighborhood of Anchorage, AK from $700 (11 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Midtown area of Anchorage.

property at 3400 Eureka St

3400 Eureka St

AnchorageAK99503
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West Midtown Gardens
Studio to 1 Bedroom Apartments

West Midtown Gardens

1327 W 27th AveAnchorage, AK 99503
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West Midtown Pointe
Studio Apartments

West Midtown Pointe

1425 W 27th AveAnchorage, AK 99503
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West Midtown Village
Studio to 1 Bedroom Apartments

West Midtown Village

1414 W 26th AveAnchorage, AK 99503
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West Midtown Place
1 Bedroom Apartments

West Midtown Place

1023 W 26th AveAnchorage, AK 99503
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Northern Lights Manor
1 to 2 Bedroom Apartments

Northern Lights Manor

1353 W 27th AveAnchorage, AK 99503
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3400 Eureka St
1 Bedroom Apartments

3400 Eureka St

3400 Eureka StAnchorage, AK 99503
  • Utilities Inc.

Midtown, Anchorage, AK Local Guide

Cheapest Available Midtown Apartments for Rent

 

The cheapest available apartment rental in the Midtown area of Anchorage, AK is a Studio unit found at Castle priced from $1,045. College View has the second lowest priced unit, which is a Studio apartment currently listed from $1,120. Here are the most affordable Midtown apartments for rent in Anchorage, AK:

Apartment ListingModel NameBed/BathPriced From
CastleStudio X smallStudio,1BA$1,045
College ViewStudioStudio,1BA$1,120
The Mallary1 Bed1BR,1BA$1,150
Terrace on the LakeBlue Winged TealStudio,1BA$1,210
Continental1 BR1BR,1BA$1,225

Best Value Apartments for Rent in Midtown, AK

As of March 10, 2025 the best value apartment in the Midtown area is the $2.15 price per square foot 1499 W 40th Ave Model at 1499 W 40th Ave, Unit 1499 in the in the Spenard neighborhood starting from $2,600. The second greatest value Midtown apartment is the 3 Beds Model at Stephens Park starting at $1,875 with a $1.57 price per square foot in the University Area neighborhood. Here is today’s list of the best values for Midtown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1499 W 40th Ave, Unit 14991499 W 40th Ave3BR,2BA$2.15
Stephens Park3 Beds3BR,2BA$1.57
Hampstead Heath2 Bed2BR,1BA$1.61
Strawberry LaneTwo Bedroom One Bath (B)2BR,1BA$2.04
Nicole ApartmentsFlat1BR,1BA$1.71
301 E 46th Ave, Unit 3301 E 46th Ave2BR,1BA$2.13
Central Park Apartments1 bedroom Floor Plan C1BR,1BA$1.94
The Mallary1 Bed1BR,1BA$1.94
Continental1 BR1BR,1BA$2.32
AlpineStudioStudio ,1BA$2.83

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Pet Friendly Lifestyle
Midtown, Anchorage, AK

Ranked #24

Among neighborhoods in Anchorage, AK for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Midtown Apartments

What is the Cheapest Studio apartment in Midtown?

Currently the most affordable Cheap Studio Apartment in Midtown is at Castle listed at $1,045.

How much is rent for a Cheap One Bedroom Midtown Apartment?

The lowest price for a Cheap One Bedroom Midtown Apartment is $1,150 at The Mallary.

What is the lowest price for a Cheap Two Bedroom Midtown Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Midtown is starting from $1,285 at Hampstead Heath.

What is the most affordable Midtown Three Bedroom Apartment?

The best deal on a cheap Midtown Three Bedroom Apartment rental is at Stephens Park and starts from $1,875.

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 Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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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.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.