Cheap Homes for Rent in Anchorage Borough, AK from $1,000 (19 Rentals)

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Search the lowest-cost Homes available for rent right now in Anchorage Borough.

Cheapest Available Anchorage Borough Apartments for Rent

 

The cheapest available apartment rental in Anchorage Borough, AK is a Studio unit found at Loussac Sogn in the Government Hill neighborhood priced from $700. Merrill Crossing in the Government Hill neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here is today’s list of the most affordable Anchorage Borough apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Loussac SognStudio 1Studio,1BA$700
Merrill CrossingStudioStudio,1BA$900
The AdelaideStudioStudio,1BA$917
CastleStudio X smallStudio,1BA$1,045
College ViewStudioStudio,1BA$1,120

Best Value Apartments for Rent in Anchorage Borough, AK

As of April 15, 2025 the best value apartment in the Anchorage Borough area is the $1.55 price per square foot 2B/2B Model at Mariners View in the in the Government Hill neighborhood starting from $2,200. The second greatest value Anchorage Borough 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 Anchorage Borough apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Mariners View2B/2B2BR,2BA$1.55
1410 W 27th Ave, Unit 31410 W 27th Ave3BR,1BA$1.33
16943 Hanson Dr, Unit C16943 Hanson Dr3BR,1BA$1.54
Martha's Vineyard1910 Martha's Vineyard Cir 13BR,1BA$1.72
Kings CourtTwo Bedroom One Bath2BR,1BA$1.44
Legacy2x12BR,1BA$1.78
Hampstead Heath2 Bed2BR,1BA$1.61
Nicole ApartmentsFlat1BR,1BA$1.74
Northwind Apartments3rd Floor /Furnished Available1BR,1BA$1.79
Panoramic View2 Beds2BR,1BA$1.77

Frequently Asked Questions about Anchorage Borough

What type of rentals are currently available in Anchorage Borough?

There are currently 614 Apartments for Rent in Anchorage Borough, AK with pricing that ranges from $700 to $3,300. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in Anchorage Borough ranging from $1,000 to $4,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Anchorage Borough ranges from $1,000 to $4,500 with an average monthly rent of $2,608.

How much are larger Three and Four Bedroom Rentals in Anchorage Borough?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Anchorage Borough range from $1,495 to $2,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,650 to $4,500. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $2,050.

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

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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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Renting Smart: Lease Basics Every Renter Needs

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

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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.

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How Your Move-In Inspection Can Protect Your Security Deposit

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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.