
Cheap Homes for Rent in Anchorage Borough, AK from $1,000 (19 Rentals)
Search the lowest-cost Homes available for rent right now in Anchorage Borough.


5439 E 32nd Ave

7531 Peck Ave

825 N Park St

1301 Medfra St

5419 E 42nd Ave

350 Flower St

6140 Collins Way

5631 Sheltie Ave

3310 Boniface Pkwy

501 E 13th Ave

3100 Ward Plz, Unit 34

9050 Golovin St

157 Michael Ct

1125 Nelchina St

2240 Sentry Dr

8307 Jewel Lake Rd

10249 Jamestown Dr

221 McCarrey St
Anchorage Borough, AK Local Guide

How much does it cost to rent a home in Anchorage Borough?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Anchorage Borough 2 Bedroom Homes for Rent | $1,968 | $1,250 | $3,500 |
Anchorage Borough 3 Bedroom Homes for Rent | $2,699 | $1,650 | $4,500 |
Anchorage Borough 4 Bedroom Homes for Rent | $3,300 | $2,400 | $4,200 |
Anchorage Borough 5 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
Browse Homes for Rent in Anchorage Borough
Explore 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Loussac Sogn | Studio 1 | Studio,1BA | $700 |
Merrill Crossing | Studio | Studio,1BA | $900 |
The Adelaide | Studio | Studio,1BA | $917 |
Castle | Studio X small | Studio,1BA | $1,045 |
College View | Studio | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Mariners View | 2B/2B | 2BR,2BA | $1.55 |
1410 W 27th Ave, Unit 3 | 1410 W 27th Ave | 3BR,1BA | $1.33 |
16943 Hanson Dr, Unit C | 16943 Hanson Dr | 3BR,1BA | $1.54 |
Martha's Vineyard | 1910 Martha's Vineyard Cir 1 | 3BR,1BA | $1.72 |
Kings Court | Two Bedroom One Bath | 2BR,1BA | $1.44 |
Legacy | 2x1 | 2BR,1BA | $1.78 |
Hampstead Heath | 2 Bed | 2BR,1BA | $1.61 |
Nicole Apartments | Flat | 1BR,1BA | $1.74 |
Northwind Apartments | 3rd Floor /Furnished Available | 1BR,1BA | $1.79 |
Panoramic View | 2 Beds | 2BR,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.

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.

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.

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.