Cheap Apartments for Rent in Kenai, AK from $900 (22 Rentals)

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

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Studio to 1 Bedroom Apartments

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230 W 14th AveAnchorage, AK 99501
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Kenai, AK Local Guide

Cheapest Available Kenai Apartments for Rent and Nearby

 

The cheapest available apartment rental in Kenai, AK is a Studio unit found at Merrill Crossing in the Government Hill neighborhood priced from $900. Castle in the Spenard neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,045. Here is today’s list of the most affordable Kenai apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Merrill CrossingStudioStudio,1BA$900
CastleStudio X smallStudio,1BA$1,045
College ViewStudioStudio,1BA$1,120
The Mallary1 Bed1BR,1BA$1,150
Northwind Apartments1 bedroom / 1st floor1BR,1BA$1,175

Best Value Apartments for Rent in Kenai, AK and Nearby

As of March 18, 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 3 Beds Model at Stephens Park starting at $1,875 with a $1.57 price per square foot in the University Area neighborhood. Here is today’s list of the best values for Kenai apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Mariners View2B/2B2BR,2BA$1.55
Stephens Park3 Beds3BR,2BA$1.57
Silver RidgeLatitude3BR,2BA$2.10
TaigaTwo Bedroom2BR,2BA$1.79
Hampstead Heath2 Bed2BR,1BA$1.61
Strawberry LaneTwo Bedroom One Bath (B)2BR,1BA$2.04
Northwind Apartments3rd Floor /Furnished Available1BR,1BA$1.79
The Mallary1 Bed1BR,1BA$1.94
The Outlook Apartments1 Bedroom Apartment1BR,1BA$2.15
Merrill CrossingStudioStudio ,1BA$2.09

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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 Merrill Crossing listed at $900.

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 Stephens Park and starts from $1,875.

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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