Cheap Apartments for Rent in the Sand Lake Neighborhood of Anchorage, AK from $1,100 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Sand Lake area of Anchorage.

Continental

Terrace on the Lake

The Residences at Northwood LLC

Strawberry Village Apartments
Sand Lake, Anchorage, AK Local Guide

How much does it cost to rent an apartment in Sand Lake?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Sand Lake Studio Apartments | $1,218 | $1,210 | $1,225 |
Sand Lake 1 Bedroom Apartments | $1,515 | $1,150 | $2,200 |
Sand Lake 2 Bedroom Apartments | $1,671 | $1,350 | $2,700 |
Sand Lake 3 Bedroom Apartments | $2,687 | $2,525 | $2,850 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Sand Lake Neighborhood of Anchorage, AK.
See all Apartments in AnchorageExplore Anchorage
Sand Lake, Anchorage, AK Local Guide
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Cheapest Available Sand Lake Apartments for Rent
 The cheapest available apartment rental in the Sand Lake area of Anchorage, AK is a 1 Bed unit found at The Mallary priced from $1,150. Terrace on the Lake has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,375. Here are the most affordable Sand Lake apartments for rent in Anchorage, AK:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Mallary | 1 Bed | 1BR,1BA | $1,150 |
Terrace on the Lake | The Mallard | 1BR,1BA | $1,375 |
Strawberry Lane | Two Bedroom One Bath (A) | 2BR,1BA | $1,525 |
The Residences at Northwood LLC | The Chugach 1Bd/1Ba | 1BR,1BA | $1,950 |
Best Value Apartments for Rent in Sand Lake, AK
As of April 16, 2025 the best value apartment in the Sand Lake area is the $2.52 price per square foot The Chugach 1Bd/1Ba Model at The Residences at Northwood LLC in the in the Sand Lake neighborhood starting from $1,950. The second greatest value Sand Lake apartment is the Two Bedroom One Bath (A) Model at Strawberry Lane starting at $1,525 with a $2.24 price per square foot in the Sand Lake neighborhood. Here is today’s list of the best values for Sand Lake apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Residences at Northwood LLC | The Chugach 1Bd/1Ba | 1BR,1BA | $2.52 |
Strawberry Lane | Two Bedroom One Bath (A) | 2BR,1BA | $2.24 |
The Mallary | 1 Bed | 1BR,1BA | $1.94 |
Terrace on the Lake | The Mallard | 1BR,1BA | $2.37 |
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Pet Friendly LifestyleSand Lake, Anchorage, AK
Ranked #7
Among neighborhoods in Anchorage, AK for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Sand Lake, Anchorage, AK
School data provided by Great Schools
Getting Around the Sand Lake Neighborhood in Anchorage, AK
Walk Score®
40 / 100
Car-Dependent
Most errands require a car
Bike Score®
44 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
16 / 100
Minimal Transit
It may be possible to get on a bus
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 Sand Lake Apartments
How much is rent for a Cheap One Bedroom Sand Lake Apartment?
The lowest price for a Cheap One Bedroom Sand Lake Apartment is $1,150 at The Mallary.
What is the lowest price for a Cheap Two Bedroom Sand Lake Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Sand Lake is starting from $1,375 at The Mallary.
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.

Know Your Rights - How Discrimination Laws Impact Landlords & 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.

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.