Cheap Apartments for Rent in the South Addition Neighborhood of Anchorage, AK from $700 (26 Rentals)

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Cheap Apartments in the South Addition area of Anchorage.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Horizon West
1 Bedroom Apartments

Horizon West

540 L StAnchorage, AK 99501
  • Utilities Included
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Downtown Classics
2 Bedroom Apartments

Downtown Classics

1111 Barrow StAnchorage, AK 99501
Furnished
  • Utilities Included
  • Smoke Free
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Mariners View
2 Bedroom Apartments

Mariners View

726 O PlAnchorage, AK 99501
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Century Plaza
Studio to 2 Bedroom Apartments

Century Plaza

124 E 3rd AveAnchorage, AK 99501
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City View
Studio to 1 Bedroom Apartments

City View

230 W 14th AveAnchorage, AK 99501
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505 W 2nd Ave
1 Bedroom Apartments

505 W 2nd Ave

505 W 2nd AveAnchorage, AK 99501
Corporate Housing
  • Smoke Free
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The Adelaide
Studio Apartments

The Adelaide

201 E 9th AveAnchorage, AK 99501
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611 O Pl
1 Bedroom Apartments

611 O Pl

611 O PlAnchorage, AK 99501
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1306 W 6th Ave
Studio to 2 Bedroom Apartments

1306 W 6th Ave

1306 W 6th AveAnchorage, AK 99501
  • Utilities Included

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Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Knik Arms
1 to 2 Bedroom Apartments

Knik Arms

1110 W 6th AveAnchorage, AK 99501
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118 W 12th Ave
1 Bedroom Apartments

118 W 12th Ave

118 W 12th AveAnchorage, AK 99501
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720 M St
1 Bedroom Apartments

720 M St

720 M StAnchorage, AK 99501
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Kings Court
1 to 2 Bedroom Apartments

Kings Court

303 E 15th AveAnchorage, AK 99501
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Hohn Apartments
1 Bedroom Apartments

Hohn Apartments

843 W 11th AveAnchorage, AK 99501
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Hill Point Apartments
1 to 3 Bedroom Apartments

Hill Point Apartments

315 Barrow StAnchorage, AK 99501
  • Utilities Included

South Addition, Anchorage, AK Local Guide

Cheapest Available South Addition Apartments for Rent

 

The cheapest available apartment rental in the South Addition area of Anchorage, AK is a Studio unit found at Loussac Sogn priced from $700. McKinley Tower Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here are the most affordable South Addition apartments for rent in Anchorage, AK:

Apartment ListingModel NameBed/BathPriced From
Loussac SognStudio 1Studio,1BA$700
McKinley Tower ApartmentsUnit J StudioStudio,1BA$950
CastleStudio X smallStudio,1BA$1,090
Chester Park Estate1BD/1BA- Floorplan A1BR,1BA$1,225
The Outlook Apartments1 Bedroom Apartment1BR,1BA$1,265
The Club at Eagle PointEagles Nest1BR,1BA$1,290
TaigaOne Bedroom1BR,1BA$1,385
Century PlazaStudioStudio,1BA$1,400
Mariners View2B/2B2BR,2BA$2,200

Best Value Apartments for Rent in South Addition, AK

As of May 05, 2025 the best value apartment in the South Addition 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 South Addition apartment is the One Bedroom Model at Taiga starting at $1,385 with a $2.01 price per square foot in the Spenard neighborhood. Here is today’s list of the best values for South Addition apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Mariners View2B/2B2BR,2BA$1.55
TaigaOne Bedroom1BR,1BA$2.01
Chester Park Estate1BD/1BA- Floorplan A1BR,1BA$1.83
The Outlook Apartments1 Bedroom Apartment1BR,1BA$2.16
The Club at Eagle PointEagles Nest Remodeled1BR,1BA$3.06
Century PlazaStudioStudio ,1BA$3.68
CastleStudio X smallStudio ,1BA$3.30
McKinley Tower ApartmentsUnit J StudioStudio ,1BA$3.33
Loussac SognStudio 1Studio ,1BA$3.55

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Pet Friendly Lifestyle
South Addition, Anchorage, AK

Ranked #31

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

Our team is happy to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, areas, and rental properties across Alaska and customized analysis for Central Anchorage, AK. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, kid and pet-friendly communities, availability of transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the South Addition Neighborhood in Anchorage, AK

Walk Score®

78 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

80 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

49 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap South Addition Apartments

What is a cheap apartment in South Addition?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Addition is under $2,200.

What is the price of a cheap apartment in South Addition?

The cheapest apartment in South Addition is Castle which is listed at $1,215, while the average apartment in South Addition costs $2,050.

What types of apartments are the cheapest in South Addition?

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 12 regular apartments in South Addition that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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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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.