Cheap Apartments for Rent in Eagle River, AK from $900 (25 Rentals)

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Search the lowest-cost Apartments available for rent right now in Eagle River.

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Eagle River, AK Local Guide

Cheapest Neighborhoods for Apartments in Eagle River, AK

Pricing Updated: 03/27/2025

Current apartment rentals in the Eagle River, AK area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Eagle River Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Outlying Anchorage Borough$2,050$900130
South Fork$2,100$2,1001
Eagle River Valley$2,950$2,1001

Cheapest Available Eagle River Apartments for Rent and Nearby

 

The cheapest available apartment rental in Eagle River, AK is a Studio unit found at Merrill Crossing in the Government Hill neighborhood priced from $900. Panoramic View in the University Area neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,075. Here is today’s list of the most affordable Eagle River apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Merrill CrossingStudioStudio,1BA$900
Panoramic ViewDeluxe 1 Bedroom1BR,1BA$1,075
College ViewStudioStudio,1BA$1,120
Northwind Apartments1 bedroom / 1st floor1BR,1BA$1,175
AlpineStudioStudio,1BA$1,255

Best Value Apartments for Rent in Eagle River, AK and Nearby

As of March 27, 2025 the best value apartment in the Eagle River area is the $1.57 price per square foot 3 Beds Model at Stephens Park in the in the University Area neighborhood starting from $1,875. The second greatest value Eagle River apartment is the 1910 Martha's Vineyard Cir 1 Model at Martha's Vineyard starting at $1,895 with a $1.72 price per square foot in the Abbott-Loop neighborhood. Here is today’s list of the best values for Eagle River apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Stephens Park3 Beds3BR,2BA$1.57
Martha's Vineyard1910 Martha's Vineyard Cir 13BR,1BA$1.72
Brighton Park3x23BR,2BA$2.05
TaigaTwo Bedroom2BR,2BA$1.79
ReNew Eagle River2.1B2BR,1BA$1.75
Hampstead Heath2 Bed2BR,1BA$1.61
Legacy2x12BR,1BA$1.78
Northwind Apartments3rd Floor /Furnished Available1BR,1BA$1.79
McKinley Tower ApartmentsNE Corner - high floor!1BR,1BA$1.92
Panoramic ViewDeluxe 1 Bedroom1BR,1BA$1.81

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Frequently Asked Questions about Cheap Eagle River Apartments

What is a cheap apartment in Eagle River?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Eagle River is under $1,290.

What is the price of a cheap apartment in Eagle River?

The cheapest apartment in Eagle River is Panoramic View which is listed at $1,075, while the average apartment in Eagle River costs $2,366.

What types of apartments are the cheapest in Eagle River?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 4 regular apartments in Eagle River that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Eagle River?

Cheap apartments in Eagle River have an average cost of $2,050 which is $316 cheaper than the average rent for all rentals in Eagle River.

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

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