close
View Me
Cheap Apartments for Rent in the University Area Anchorage, AK from $800 (5 Rentals)
Cheap Apartments in the University Area area of Anchorage.
close
View Me
from $1,120Studio to 2 Bedroom Apartments Available Now
College View
3501 E 42nd AveAnchorage, AK 99508
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.
close
View Me
close
View Me
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
5439 E 32nd Ave
AnchorageAK99504
Showing Results 1-5, Page 1 of 1
University Area, Anchorage, AK Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in University Area?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Area Studio Apartments | $1,177 | $925 | $1,285 |
| University Area 1 Bedroom Apartments | $1,405 | $1,075 | $2,370 |
| University Area 2 Bedroom Apartments | $1,594 | $1,175 | $2,300 |
| University Area 3 Bedroom Apartments | $2,487 | $2,295 | $2,660 |
Browse Apartments in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the University Area Neighborhood of Anchorage, AK.
See all Apartments in AnchorageExplore Anchorage
Let everyone know!
Do you know the University Area area?
If you’re an expert on all things University Area, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Cheapest Available University Area Apartments for Rent
The cheapest available apartment rental in the University Area area of Anchorage, AK is a Studio unit found at Panoramic View priced from $925. College View has the second lowest priced unit, which is a Studio apartment currently listed from $1,120. Here are the most affordable University Area apartments for rent in Anchorage, AK:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Panoramic View | Studio | Studio,1BA | $925 |
| College View | Studio | Studio,1BA | $1,120 |
| The Greenbriar | Studio | Studio,1BA | $1,225 |
Best Value Apartments for Rent in University Area, AK
As of May 06, 2025 the best value apartment in the University Area area is the $1.90 price per square foot 2 bedroom singlewide Model at Four Seasons in the in the University Area neighborhood starting from $1,949. The second greatest value University Area apartment is the 2 Bed Model at Stephens Park starting at $1,325 with a $1.35 price per square foot in the University Area neighborhood. Here is today’s list of the best values for University Area apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Four Seasons | 2 bedroom singlewide | 2BR,2BA | $1.90 |
| Stephens Park | 2 Bed | 2BR,1BA | $1.35 |
| 5657 Gate Keeper Ave, Unit Duplex | 5657 Gate Keeper Ave | 2BR,1BA | $1.95 |
| 5521 E 38th Ct, Unit 1 | 5521 E 38th Ct | 2BR,1BA | $2.00 |
| Hampstead Heath | 2 Bed | 2BR,1BA | $1.61 |
| Panoramic View | Studio | Studio ,1BA | $2.06 |
| Alpine | Studio | Studio ,1BA | $2.83 |
| The Greenbriar | Studio | Studio ,1BA | $2.90 |
| College View | Studio | Studio ,1BA | $3.81 |
Getting Around the University Area Neighborhood in Anchorage, AK
Walk Score®
47 / 100
Car-Dependent
Most errands require a car
Bike Score®
65 / 100
Bikeable
Some bike infrastructure
Transit Score®
39 / 100
Some Transit
A few nearby public transportation options
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 University Area Apartments
What is the Cheapest Studio apartment in University Area?
Currently the most affordable Cheap Studio Apartment in University Area is at Panoramic View listed at $925.
How much is rent for a Cheap One Bedroom University Area Apartment?
The lowest price for a Cheap One Bedroom University Area Apartment is $1,075 at Panoramic View.
What is the lowest price for a Cheap Two Bedroom University Area Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in University Area is starting from $1,175 at Panoramic View.
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.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
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.