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from $9451 Bedroom Apartment Available Now
4734 W Dimond Blvd, Unit E Gialopsos
4734 W Dimond BlvdAnchorage, AK 99502
Cheap Apartments for Rent in the South Anchorage Neighborhood of Anchorage, AK from $600 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Anchorage area of Anchorage.
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1209 Ramona St
AnchorageAK99515
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from $1,0751 to 3 Bedroom Apartments Contact Us For Availability
Arctic Gardens
7211 Meadow StAnchorage, AK 99507
433 E Dowling Rd
AnchorageAK99518
700 W 45th Ave
AnchorageAK99503
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from $1,120Studio to 2 Bedroom Apartments Available Now
College View
3501 E 42nd AveAnchorage, AK 99508
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Showing Results 1-28, Page 1 of 1
South Anchorage, Anchorage, AK Local Guide
How much does it cost to rent an apartment in South Anchorage?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Anchorage Studio Apartments | $1,205 | $1,045 | $1,285 |
| South Anchorage 1 Bedroom Apartments | $1,521 | $945 | $2,917 |
| South Anchorage 2 Bedroom Apartments | $1,799 | $1,285 | $3,300 |
| South Anchorage 3 Bedroom Apartments | $1,984 | $1,495 | $2,850 |
| South Anchorage 4 Bedroom Apartments | $2,050 | $2,050 | $2,050 |
Browse Apartments in this Neighborhood
There are currently 28 rentals with your search options within a 2 mile radius of the South Anchorage Neighborhood of Anchorage, AK.
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South Anchorage, Anchorage, AK Local Guide
- Nearby Anchorage neighborhoods
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Cheapest Available South Anchorage Apartments for Rent
The cheapest available apartment rental in the South Anchorage 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 South Anchorage apartments for rent in Anchorage, AK:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Castle | Studio X small | Studio,1BA | $1,045 |
| College View | Studio | Studio,1BA | $1,120 |
| The Mallary | 1 Bed | 1BR,1BA | $1,150 |
| Northwind Apartments | 1 bedroom / 1st floor | 1BR,1BA | $1,175 |
| City View | Studio | Studio,1BA | $1,180 |
| Terrace on the Lake | Blue Winged Teal | Studio,1BA | $1,210 |
| Tudor Park Apartments | 1 bedroom 3rd floor | 1BR,1BA | $1,215 |
| Chester Park Estate | 1BD/1BA- Floorplan A | 1BR,1BA | $1,225 |
| Alpine | Studio | Studio,1BA | $1,255 |
Best Value Apartments for Rent in South Anchorage, AK
As of April 06, 2025 the best value apartment in the South Anchorage area is the $1.25 price per square foot 1803 Dare Ave Model at 1803 Dare Ave, Unit 7 in the in the Old Seward Oceanview neighborhood starting from $1,595. The second greatest value South Anchorage apartment is the 1410 W 27th Ave Model at 1410 W 27th Ave, Unit 3 starting at $1,595 with a $1.33 price per square foot in the Spenard neighborhood. Here is today’s list of the best values for South Anchorage apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1803 Dare Ave, Unit 7 | 1803 Dare Ave | 3BR,1BA | $1.25 |
| 1410 W 27th Ave, Unit 3 | 1410 W 27th Ave | 3BR,1BA | $1.33 |
| Stephens Park | 3 Beds | 3BR,2BA | $1.57 |
| Martha's Vineyard | 1910 Martha's Vineyard Cir 1 | 3BR,1BA | $1.72 |
| Kings Court | Two Bedroom One Bath | 2BR,1BA | $1.54 |
| Hampstead Heath | 2 Bed | 2BR,1BA | $1.61 |
| Tudor Park Apartments | 2bedroom / 3rd floor | 2BR,1BA | $1.76 |
| Northwind Apartments | 3rd Floor /Furnished Available | 1BR,1BA | $1.79 |
| Chester Park Estate | 1BD/1BA- Floorplan A | 1BR,1BA | $1.83 |
| 4734 W Dimond Blvd, Unit E Gialopsos | 4734 W Dimond Blvd | 1BR,1BA | $1.58 |
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Pet Friendly LifestyleSouth Anchorage, Anchorage, AK
Ranked #42
Among neighborhoods in Anchorage, AK for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in South Anchorage, Anchorage, AK
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in cities across the United States, 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 searching for the best amenities, and the best outdoor access, transit availability, pet-friendly communities, features that make it easier to raise kids, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap South Anchorage Apartments
What is a cheap apartment in South Anchorage?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Anchorage is under $1,255.
What is the price of a cheap apartment in South Anchorage?
The cheapest apartment in South Anchorage is The Mallary which is listed at $1,150, while the average apartment in South Anchorage costs $2,050.
What types of apartments are the cheapest in South Anchorage?
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 2 regular apartments in South Anchorage 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 South Anchorage?
Cheap apartments in South Anchorage have an average cost of $1,085 which is $965 cheaper than the average rent for all rentals in South Anchorage.
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.
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.
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.