
Cheap Homes for Rent in Anchorage Borough, AK from $1,100 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Anchorage Borough.


5439 E 32nd Ave

5130 Taku Dr

8480 Jewel Lake Rd
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

350 Flower St

8831 Cordell Cir

3811 Iowa Dr

6140 Collins Way
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.

10249 Jamestown Dr

7531 Peck Ave

329 Lionheart Ct

3310 Boniface Pky
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.

3904 Lois Dr
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 | $2,072 | $1,200 | $3,200 |
Anchorage Borough 3 Bedroom Homes for Rent | $2,783 | $1,650 | $4,500 |
Anchorage Borough 4 Bedroom Homes for Rent | $3,512 | $3,000 | $4,300 |
Anchorage Borough 5 Bedroom Homes for Rent | $4,000 | $4,000 | $4,000 |
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. The Adelaide in the Government Hill neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $917. 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 |
The Adelaide | Studio | Studio,1BA | $917 |
Merrill Crossing | 1 Bed | 1BR,1BA | $1,000 |
Panoramic View | 1 Bed | 1BR,1BA | $1,050 |
Castle | Studio X small | Studio,1BA | $1,100 |
Best Value Apartments for Rent in Anchorage Borough, AK
As of May 13, 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 1803 Dare Ave Model at 1803 Dare Ave, Unit 7 starting at $1,595 with a $1.25 price per square foot in the Old Seward Oceanview 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 |
1803 Dare Ave, Unit 7 | 1803 Dare Ave | 3BR,1BA | $1.25 |
525 N Flower St, Unit A | 525 N Flower St | 2BR,1BA | $1.23 |
534 N Lane St, Unit 3 | 534 N Lane St | 3BR,1BA | $1.24 |
8531 Golden St, Unit Apt 1 | 8531 Golden St | 3BR,1BA | $1.78 |
Stephens Park | 2 Bed | 2BR,1BA | $1.35 |
917 E 46th Ct, Unit B | 917 E 46th Ct | 2BR,1BA | $1.65 |
Hampstead Heath | 2 Bed | 2BR,1BA | $1.61 |
Nicole Apartments | Flat | 1BR,1BA | $1.77 |
Merrill Crossing | 1 Bed | 1BR,1BA | $1.80 |
Frequently Asked Questions about Anchorage Borough
What type of rentals are currently available in Anchorage Borough?
There are currently 617 Apartments for Rent in Anchorage Borough, AK with pricing that ranges from $700 to $3,500. There are also 58 Single Family Homes for rent, Condos, and Townhome rentals currently available in Anchorage Borough ranging from $1,175 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 $1,175 to $4,500 with an average monthly rent of $2,788.
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 $1,365 to $3,500, 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 $3,000 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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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.