5439 E 32nd Ave
AnchorageAK99504
Cheap Homes for Rent in University Area Anchorage, AK from $1,200 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the University Area area of Anchorage.
5419 E 42nd Ave
AnchorageAK99508
5631 Sheltie Ave
AnchorageAK99504
3310 Boniface Pkwy
AnchorageAK99504
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.
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University Area, Anchorage, AK Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent a home in University Area?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Area 2 Bedroom Homes for Rent | $1,466 | $1,400 | $1,500 |
| University Area 3 Bedroom Homes for Rent | $2,825 | $2,700 | $2,950 |
| University Area 4 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the University Area Neighborhood of Anchorage, AK.
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Best Value Apartments for Rent in University Area, AK
As of April 17, 2025 the best value apartment in the University Area area is the $2.15 price per square foot 3 bed singlewide Model at Four Seasons in the in the University Area neighborhood starting from $2,295. The second greatest value University Area apartment is the 5657 Gate Keeper Ave Model at 5657 Gate Keeper Ave, Unit Duplex starting at $1,850 with a $1.95 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 | 3 bed singlewide | 3BR,2BA | $2.15 |
| 5657 Gate Keeper Ave, Unit Duplex | 5657 Gate Keeper Ave | 2BR,1BA | $1.95 |
| Hampstead Heath | 2 Bed | 2BR,1BA | $1.61 |
| Panoramic View | Deluxe 1 Bedroom | 1BR,1BA | $1.81 |
| Alpine | Studio | Studio ,1BA | $2.83 |
| The Greenbriar | Studio | Studio ,1BA | $3.03 |
| College View | Studio | Studio ,1BA | $3.81 |
Frequently Asked Questions about University Area
What type of rentals are currently available in University Area?
There are currently 45 Apartments for Rent in University Area, AK with pricing that ranges from $925 to $2,370. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Area ranging from $1,200 to $3,000.
What is the current price range for Rental Homes in University Area?
Today's rental pricing for Homes for Rent, Condos and Townhomes in University Area ranges from $1,200 to $3,000 with an average monthly rent of $2,197.
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.
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.
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.