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Cheap Apartments for Rent in Kenai, AK from $700 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in Kenai.
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from $900Studio to 2 Bedroom Apartments Available Now
Merrill Crossing
1275 E 9th AveAnchorage, AK 99501
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from $1,0751 to 3 Bedroom Apartments Contact Us For Availability
Arctic Gardens
7211 Meadow StAnchorage, AK 99507
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from $1,120Studio to 2 Bedroom Apartments Available Now
College View
3501 E 42nd AveAnchorage, AK 99508
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8480 Jewel Lake Rd
AnchorageAK99502
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Kenai, AK Local Guide
Mouth of the river by Amy Meredith is licensed under CC BY 2.0
How much does it cost to rent an apartment in Kenai?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Kenai Studio Apartments | $1,190 | $700 | $2,025 |
| Kenai 1 Bedroom Apartments | $1,560 | $1,000 | $2,917 |
| Kenai 2 Bedroom Apartments | $1,698 | $1,285 | $2,825 |
| Kenai 3 Bedroom Apartments | $2,070 | $1,650 | $2,850 |
| Kenai 4 Bedroom Apartments | $2,050 | $2,050 | $2,050 |
Browse Top Apartments in Kenai
See all Apartments in KenaiExplore Kenai
Kenai, AK Local Guide
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Cheapest Available Kenai Apartments for Rent and Nearby
The cheapest available apartment rental in Kenai, AK is a Studio unit found at Loussac Sogn in the Government Hill neighborhood priced from $545. 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 Kenai apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Loussac Sogn | Studio 1 | Studio,1BA | $545 |
| Merrill Crossing | Studio | Studio,1BA | $900 |
| Castle | Studio X small | Studio,1BA | $1,045 |
Best Value Apartments for Rent in Kenai, AK and Nearby
As of April 11, 2025 the best value apartment in the Kenai 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 Kenai 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 Kenai 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 |
| Martha's Vineyard | 1910 Martha's Vineyard Cir 1 | 3BR,1BA | $1.72 |
| Hampstead Heath | 2 Bed | 2BR,1BA | $1.61 |
| Northwind Apartments | 3rd Floor /Furnished Available | 1BR,1BA | $1.79 |
| Strawberry Lane | Two Bedroom One Bath (A) | 2BR,1BA | $2.24 |
| McKinley Tower Apartments | NE Corner - high floor! | 1BR,1BA | $1.92 |
| Chester Park Estate | 1BD/1BA- Floorplan A | 1BR,1BA | $1.83 |
| The Mallary | 1 Bed | 1BR,1BA | $1.94 |
| The Outlook Apartments | 1 Bedroom Apartment | 1BR,1BA | $2.15 |
| Merrill Crossing | Studio | Studio ,1BA | $2.09 |
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Best Local Schools in Kenai, AK
Mt. View Elementary
Kenai Peninsula Borough School District
Public School - Grades PK-5 (403)
7 out of 10
Kenai Central High School
Kenai Peninsula Borough School District
Public School - Grades 9-12 (463)
6 out of 10
Kenai Middle School
Kenai Peninsula Borough School District
Public School - Grades 6-8 (411)
4 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Kenai, AK Rentals by Map
See the most popular apartments and homes in Kenai, AK
Kenai, AK Apartments MapKenai, AK Rental Homes MapGetting Around Kenai, AK
Walk Score®
24 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
34 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Kenai Apartments
What is the Cheapest Studio apartment in Kenai?
Currently the most affordable Cheap Studio Apartment in Kenai is at Loussac Sogn listed at $700.
How much is rent for a Cheap One Bedroom Kenai Apartment?
The lowest price for a Cheap One Bedroom Kenai Apartment is $1,150 at The Mallary.
What is the lowest price for a Cheap Two Bedroom Kenai Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Kenai is starting from $1,285 at Hampstead Heath.
What is the most affordable Kenai Three Bedroom Apartment?
The best deal on a cheap Kenai Three Bedroom Apartment rental is at Martha's Vineyard and starts from $1,895.
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.