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Cheap Apartments for Rent in the South Anchorage Neighborhood of Anchorage, AK from $700 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Anchorage area of Anchorage.
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from $1,0751 to 3 Bedroom Apartments Contact Us For Availability
Arctic Gardens
7211 Meadow StAnchorage, AK 99507
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from $1,075Studio to 1 Bedroom Apartments Available Now
Northwind Apartments
524 E 11th AveAnchorage, AK 99501
700 W 45th Ave
AnchorageAK99503
3400 Eureka St
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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from $1,2151 Bedroom Apartments Contact Us For Availability
Green Tree Apartments
1500 Russian Jack DrAnchorage, AK 99508
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from $1,210Studio to 2 Bedroom Apartments Available Now
Terrace on the Lake
2421 Bentzen CirAnchorage, AK 99517
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from $1,2251 to 4 Bedroom Apartments Contact Us For Availability
Chester Park Estate
1019 E 20th AveAnchorage, AK 99501
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from $1,235Studio to 2 Bedroom Apartments Available Now
Susitna Ridge
1601 Medfra StAnchorage, AK 99501
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from $1,2601 to 2 Bedroom Apartments Available Now
Central Park Apartments
2300 D StAnchorage, AK 99503
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Rent Specials
from $1,280Studio to 2 Bedroom Apartments Available Now
The Greenbriar
4318 Vance DrAnchorage, AK 99508
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2 to 3 Bedroom Apartments
Strawberry Village Apartments
7788 Strawberry Cottage WayAnchorage, AK 99502
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Showing Results 1-36, 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 | $1,193 | $1,045 | $1,285 |
| South Anchorage 1 Bedroom Apartments | $1,546 | $1,075 | $3,400 |
| South Anchorage 2 Bedroom Apartments | $1,821 | $1,285 | $3,300 |
| South Anchorage 3 Bedroom Apartments | $2,094 | $1,600 | $2,850 |
| South Anchorage 4 Bedroom Apartments | $2,025 | $2,000 | $2,050 |
Browse Apartments in this Neighborhood
There are currently 36 rentals with your search options within a 2 mile radius of the South Anchorage Neighborhood of Anchorage, AK.
See all Apartments in AnchorageExplore Anchorage
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. Northwind Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,075. 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 |
| Northwind Apartments | 3rd Floor | Studio,1BA | $1,075 |
| College View | Studio | Studio,1BA | $1,120 |
| The Mallary | 1 Bed | 1BR,1BA | $1,150 |
| Terrace on the Lake | Blue Winged Teal | Studio,1BA | $1,210 |
| Continental | 1 BR | 1BR,1BA | $1,225 |
| City View | Studio | Studio,1BA | $1,235 |
| Susitna Ridge | Studio | Studio,1BA | $1,235 |
| Alpine | Studio | Studio,1BA | $1,255 |
| The Outlook Apartments | 1 Bedroom Apartment | 1BR,1BA | $1,275 |
Best Value Apartments for Rent in South Anchorage, AK
As of March 05, 2025 the best value apartment in the South Anchorage area is the $1.68 price per square foot 1910 Martha's Vineyard Cir 1 Model at Martha's Vineyard in the in the Abbott-Loop neighborhood starting from $1,845. The second greatest value South Anchorage apartment is the 2 Bed Model at Stephens Park starting at $1,525 with a $1.56 price per square foot in the University Area 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. |
|---|---|---|---|
| Martha's Vineyard | 1910 Martha's Vineyard Cir 1 | 3BR,1BA | $1.68 |
| Stephens Park | 2 Bed | 2BR,1BA | $1.56 |
| 749 Fischer Ave, Unit 3 | 749 Fischer Ave | 2BR,1BA | $1.70 |
| Downtown Classics | A Lower Left | 2BR,1BA | $1.78 |
| Central Park Apartments | 2 Bedroom Floor Plan D | 2BR,1BA | $1.66 |
| Hampstead Heath | 2 Bed | 2BR,1BA | $1.61 |
| 2808 Iris Dr, Unit 1 | 2808 Iris Dr | 2BR,1BA | $1.87 |
| Nicole Apartments | Flat | 1BR,1BA | $1.71 |
| Northwind Apartments | 3rd Floor /Furnished Available | 1BR,1BA | $1.79 |
| The Mallary | 1 Bed | 1BR,1BA | $1.94 |
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Pet Friendly LifestyleSouth Anchorage, Anchorage, AK
Ranked #41
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
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 the Cheapest Studio apartment in South Anchorage?
Currently the most affordable Cheap Studio Apartment in South Anchorage is at Castle listed at $1,045.
How much is rent for a Cheap One Bedroom South Anchorage Apartment?
The lowest price for a Cheap One Bedroom South Anchorage Apartment is $1,150 at The Mallary.
What is the lowest price for a Cheap Two Bedroom South Anchorage Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in South Anchorage is starting from $1,285 at Hampstead Heath.
What is the most affordable South Anchorage Three Bedroom Apartment?
The best deal on a cheap South Anchorage Three Bedroom Apartment rental is at Martha's Vineyard and starts from $1,845.
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.