
Cheap Apartments for Rent in the North Star Neighborhood of Anchorage, AK from $700 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the North Star area of Anchorage.

North Star, Anchorage, AK Local Guide

How much does it cost to rent an apartment in North Star?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
North Star Studio Apartments | $1,638 | $900 | $2,025 |
North Star 1 Bedroom Apartments | $1,541 | $1,000 | $2,450 |
North Star 2 Bedroom Apartments | $1,728 | $1,340 | $3,300 |
North Star 3 Bedroom Apartments | $2,150 | $1,800 | $2,500 |
North Star 4 Bedroom Apartments | $2,050 | $2,050 | $2,050 |
Browse Apartments in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the North Star Neighborhood of Anchorage, AK.
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North Star, Anchorage, AK Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Merrill Crossing | Studio | Studio,1BA | $900 |
The Adelaide | Studio | Studio,1BA | $917 |
The Outlook Apartments | Studio Apartment | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Mariners View | 2B/2B | 2BR,2BA | $1.55 |
Downtown Classics | A Lower Left | 2BR,1BA | $1.78 |
Kings Court | Two Bedroom One Bath | 2BR,1BA | $1.44 |
Nicole Apartments | Flat | 1BR,1BA | $1.74 |
Northwind Apartments | 3rd Floor /Furnished Available | 1BR,1BA | $1.79 |
Taiga | One Bedroom | 1BR,1BA | $1.98 |
McKinley Tower Apartments | Unit F Corner One Bedroom | 1BR,1BA | $1.92 |
Susitna Ridge | 1 BR | 1BR,1BA | $2.50 |
The Outlook Apartments | Studio Apartment | Studio ,1BA | $2.34 |
Merrill Crossing | Studio | Studio ,1BA | $2.09 |
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.
Pet Friendly LifestyleNorth Star, Anchorage, AK
Ranked #37
Among neighborhoods in Anchorage, AK for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in North Star, Anchorage, AK
Central Middle School Of Science
School data provided by Great Schools
Best Local Schools in North Star, Anchorage, AK
Central Middle School Of Science
School data provided by Great Schools
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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.

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.

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.

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.

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.