Cheap Homes for Rent in Kenai, AK from $1,000 (11 Rentals)

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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 Loussac Sogn in the Government Hill neighborhood priced from $700. 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 ListingModel NameBed/BathPriced From
Loussac SognStudio 1Studio,1BA$700
Merrill CrossingStudioStudio,1BA$900
CastleStudio X smallStudio,1BA$1,045
College ViewStudioStudio,1BA$1,120
The Mallary1 Bed1BR,1BA$1,150

Best Value Apartments for Rent in Kenai, AK and Nearby

As of April 15, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Mariners View2B/2B2BR,2BA$1.55
Martha's Vineyard1910 Martha's Vineyard Cir 13BR,1BA$1.72
TaigaTwo Bedroom2BR,2BA$1.83
Hampstead Heath2 Bed2BR,1BA$1.61
Northwind Apartments3rd Floor /Furnished Available1BR,1BA$1.79
McKinley Tower ApartmentsNE Corner - high floor!1BR,1BA$1.92
Chester Park Estate1BD/1BA- Floorplan A1BR,1BA$1.83
The Mallary1 Bed1BR,1BA$1.94
The Outlook Apartments1 Bedroom Apartment1BR,1BA$2.15
Merrill CrossingStudioStudio ,1BA$2.09

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Frequently Asked Questions about Kenai

What type of rentals are currently available in Kenai?

There are currently 54 Apartments for Rent in Kenai, AK with pricing that ranges from $700 to $2,917. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Kenai ranging from $1,000 to $4,500.

What is the current price range for Rental Homes in Kenai?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Kenai ranges from $1,000 to $4,500 with an average monthly rent of $2,649.

How much are larger Three and Four Bedroom Rentals in Kenai?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Kenai range from $1,650 to $2,850, 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 $2,400 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.

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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.

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Know Your Rights - How Discrimination Laws Impact Landlords & Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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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.

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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.