Cheap Homes for Rent in South Anchorage Neighborhood of Anchorage, AK from $1,000 (9 Rentals)

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Search the lowest-cost Homes available for rent right now in the South Anchorage area of Anchorage.

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South Anchorage, Anchorage, AK Local Guide

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 ListingModel NameBed/BathPriced From
CastleStudio X smallStudio,1BA$1,045
College ViewStudioStudio,1BA$1,120
The Mallary1 Bed1BR,1BA$1,150

Best Value Apartments for Rent in South Anchorage, AK

As of April 16, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1803 Dare Ave, Unit 71803 Dare Ave3BR,1BA$1.25
1410 W 27th Ave, Unit 31410 W 27th Ave3BR,1BA$1.33
Martha's Vineyard1910 Martha's Vineyard Cir 13BR,1BA$1.72
TaigaTwo Bedroom2BR,2BA$1.83
Kings CourtTwo Bedroom One Bath2BR,1BA$1.54
Hampstead Heath2 Bed2BR,1BA$1.61
Tudor Park Apartments1 bd 3rd floor1BR,1BA$1.67
Nicole ApartmentsFlat1BR,1BA$1.74
Northwind Apartments1 bedroom / 1st floor1BR,1BA$1.62
Chester Park Estate1BD/1BA- Floorplan A1BR,1BA$1.83

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Frequently Asked Questions about South Anchorage

What type of rentals are currently available in South Anchorage?

There are currently 380 Apartments for Rent in South Anchorage, AK with pricing that ranges from $950 to $3,300. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Anchorage ranging from $1,000 to $4,500.

What is the current price range for Rental Homes in South Anchorage?

Today's rental pricing for Homes for Rent, Condos and Townhomes in South Anchorage ranges from $1,000 to $4,500 with an average monthly rent of $2,105.

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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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.

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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.

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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.

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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.