Cheap Apartments for Rent in Kenai, AK from $700 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in Kenai.

Merrill Crossing

Arctic Gardens
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College View
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48282 Magic Dragon Ln

52660 Kenai Spur Hwy
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Kenai, AK Local Guide

How much does it cost to rent an apartment in Kenai?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Kenai Studio Apartments | $1,230 | $700 | $2,025 |
Kenai 1 Bedroom Apartments | $1,581 | $1,075 | $2,917 |
Kenai 2 Bedroom Apartments | $1,737 | $1,175 | $2,875 |
Kenai 3 Bedroom Apartments | $2,079 | $1,650 | $2,850 |
Kenai 4 Bedroom Apartments | $2,125 | $2,050 | $2,200 |
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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 $700. Northwind Apartments in the Government Hill neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,095. 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 | $700 |
Northwind Apartments | 2nd floor Studio | Studio,1BA | $1,095 |
College View | Studio | Studio,1BA | $1,120 |
Best Value Apartments for Rent in Kenai, AK and Nearby
As of May 19, 2025 the best value apartment in the Kenai area is the $1.35 price per square foot 2 Bed Model at Stephens Park in the in the University Area neighborhood starting from $1,325. The second greatest value Kenai apartment is the 1940 Martha's Vineyard Cir 2 Model at Martha's Vineyard starting at $1,650 with a $2.06 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. |
---|---|---|---|
Stephens Park | 2 Bed | 2BR,1BA | $1.35 |
Martha's Vineyard | 1940 Martha's Vineyard Cir 2 | 2BR,1BA | $2.06 |
Hampstead Heath | 2 Bed | 2BR,1BA | $1.61 |
Foxwood Condos | Foxwood | 2BR,2BA | $2.29 |
The Outlook Apartments | 2 Bedroom Apartment | 2BR,1BA | $2.30 |
Taiga | One Bedroom | 1BR,1BA | $2.01 |
McKinley Tower Apartments | NE Corner - high floor! | 1BR,1BA | $1.92 |
Chester Park Estate | 1BD/1BA- Floorplan A | 1BR,1BA | $1.83 |
Northwind Apartments | 2nd floor Studio | Studio ,1BA | $1.68 |
The Mallary | 1 Bed | 1BR,1BA | $1.94 |
Quick Rent Budget Calculator
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Best Local Schools in Kenai, AK
Mt. View Elementary
Kenai Central High School
Kenai Middle School
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
Getting 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.
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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