Cheap Apartments for Rent in the North Star Neighborhood of Anchorage, AK from $700 (9 Rentals)

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

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West Midtown Pointe
Studio Apartments

West Midtown Pointe

1425 W 27th AveAnchorage, AK 99503
  • Utilities Included
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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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Milepost O Apartments
1 Bedroom Apartments

Milepost O Apartments

618 Gambell StAnchorage, AK 99501
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The Adelaide
Studio Apartments

The Adelaide

201 E 9th AveAnchorage, AK 99501
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Gill Oscar House
1 Bedroom Apartments

Gill Oscar House

1344 W 10th AveAnchorage, AK 99501
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Cedarwood Apartments
Studio Apartments

Cedarwood Apartments

1336 W 23rd AveAnchorage, AK 99503
  • Utilities Included

North Star, Anchorage, AK Local Guide

Cheapest Available North Star Apartments for Rent

 

The cheapest available apartment rental in the North Star area of Anchorage, AK is a Studio unit found at Merrill Crossing priced from $900. The Adelaide has the second lowest priced unit, which is a Studio apartment currently listed from $917. Here are the most affordable North Star apartments for rent in Anchorage, AK:

Apartment ListingModel NameBed/BathPriced From
Merrill CrossingStudioStudio,1BA$900
The AdelaideStudioStudio,1BA$917
The Outlook ApartmentsStudio ApartmentStudio,1BA$1,095

Best Value Apartments for Rent in North Star, AK

As of March 23, 2025 the best value apartment in the North Star 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 North Star apartment is the A Lower Left Model at Downtown Classics starting at $1,600 with a $1.78 price per square foot in the Government Hill neighborhood. Here is today’s list of the best values for North Star apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Mariners View2B/2B2BR,2BA$1.55
Downtown ClassicsA Lower Left2BR,1BA$1.78
Kings CourtTwo Bedroom One Bath2BR,1BA$1.44
Nicole ApartmentsFlat1BR,1BA$1.74
Northwind Apartments3rd Floor /Furnished Available1BR,1BA$1.79
TaigaOne Bedroom1BR,1BA$1.98
McKinley Tower ApartmentsUnit F Corner One Bedroom1BR,1BA$1.92
Susitna Ridge1 BR1BR,1BA$2.50
The Outlook ApartmentsStudio ApartmentStudio ,1BA$2.34
Merrill CrossingStudioStudio ,1BA$2.09

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Pet Friendly Lifestyle
North Star, Anchorage, AK

Ranked #37

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Lifestyle Ratings

This website compiles millions of data points to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, including Anchorage. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, pet-friendly features, features that make it easier to raise kids, proximity to transit, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the North Star Neighborhood in Anchorage, AK

Walk Score®

72 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

70 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

42 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap North Star Apartments

What is a cheap apartment in North Star?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in North Star is under $1,307.

What is the price of a cheap apartment in North Star?

The cheapest apartment in North Star is Merrill Crossing which is listed at $1,000, while the average apartment in North Star costs $2,150.

What types of apartments are the cheapest in North Star?

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 104 regular apartments in North Star 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 North Star?

Cheap apartments in North Star have an average cost of $806 which is $1,344 cheaper than the average rent for all rentals in North Star.

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.

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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.