100 Best Apartments in Anchorage, AK (with reviews)

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Apartments in Eagle River $1,672

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Apartments in Athenian Village $1,547
Apartments in Downtown Anchorage $1,170
Apartments in Eastchester $1,170
Apartments in Fyfe $1,596
Apartments in Strawberry Meadows $1,542
Apartments in Sunbeam $1,296
Apartments in Thompson $1,215
Apartments in Towne East $1,843
Apartments in Windsor Village - Woodland Lakes $1,542
Apartments in Wonder Park $1,490

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Average rent in Anchorage, AK

$1,459/mo Anchorage, AK average rental price, November 2023

The average monthly rent of apartments in Anchorage, AK is $1,459.

Anchorage, AK apartment rent ranges

About 48% of apartment rents in Anchorage, AK range between $1,001-$1,500. Meanwhile, apartments priced over $1,501-$2,000 represent 37% of apartments. Around 8% of Anchorage’s apartments are in the $701-$1,000 price range. 1% of apartments are priced between $501-$700.

Anchorage, AK rent trends

Check out the average rent prices in Anchorage by neighborhood.

Compared to the national average rent of $1,718, the average rent in Anchorage, AK is $1,459.

Getting around in Anchorage, AK

68 /100

Somewhat Walkable

25 /100

Some Transit

62 /100

Bikeable

Walk Score®: 68, Transit Score®: 25, Bike Score®: 62

Frequently asked questions

When were prices and availability in Anchorage, AK last updated?

Prices and availability in Anchorage, AK were last updated on 25 Oct 2024.

What are the best apartments in Anchorage, AK?

The best apartments in Anchorage, AK are: Wildwood Estates Apartment Homes, Deer Park Apartment Homes, Kensington RT Property, Castle Apartments and Hillside Chalet Apartment Homes.

What is the price range for a 1-bedroom apartment in Anchorage, AK?

The price range for a 1-bedroom apartment in Anchorage, AK is between $760 and $1,000. Browse all available 1-bedroom apartments in Anchorage, AK now.

What type of rental buildings are in Anchorage, AK?

In Anchorage, 36% of the residents are renting compared to 64% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 5% of Anchorage’s rentals, 78% are small-scale complexes with under 50 units, and 14% are single-family rentals.

What do typical apartment communities look like in Anchorage, AK?

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city.  In this case, the apartment buildings in Anchorage are about 42 years old, on average. Of these, 11% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About 94% of the rental communities here are low-rise, garden-style communities, 6% are mid-rises, and 1% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

What apartment floorplans are common in Anchorage, AK?

Studio apartments in Anchorage are around 8% of rentals, while 1-bedroom floor plans represent 42% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 41% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.

Living in Anchorage, AK

Anchorage is the largest city in Alaska and serves as the economic, cultural and transportation hub of the state. As such, renters will have access to a developed job market, stable economy and big-city amenities. Plus, mountains, forests, and glaciers surround the city and offer access to outdoor activities like hiking, skiing, snowboarding, fishing and wildlife viewing. Renters here will also be part of a diverse community with events and festivals celebrating unique cultures and heritage. Of course, Anchorage experiences a sub-arctic climate with long, cold winters; mild summers; and average yearly temperatures of 10°F to 64°F. Winter temperatures can drop significantly, and snowfall is expected, so renters need to prepare winter clothing and ensure that their rental has good insulation. However, depending on the weather conditions, renters may notice the Northern Lights (Aurora Borealis) across the night sky.

Anchorage also serves as a gateway for adventure seekers, with the Ted Stevens Anchorage International Airport providing access to remote regions of Alaska and the world. The city's location makes it an ideal spot for global logistics and commerce, further diversifying its economic landscape. With all these elements, Anchorage is a place where the frontier spirit meets modern living, offering a unique lifestyle that's hard to find anywhere else.

Renting in Anchorage, AK

Anchorage has versatile neighborhoods that allow renters to find something to their taste and budget. For instance, to be amidst the main events, downtown Anchorage, Midtown, and Spenard have apartments with easy access to restaurants, shops, cultural events and entertainment venues. Or, for renters looking for more privacy, single-family rentals and apartments in South Addition, Turnagain, and Hillside are close to natural spots, schools and amenities. Similarly, Airport Heights offers a more affordable alternative with rentals close to schools, parks and everyday necessities. Notably, many rental properties in Anchorage include utilities like heating, water, and trash included in the rent, but it's essential to clarify this with the landlord, as heating costs can be high during winter. Additionally, landlords can request a security deposit, which cannot exceed two months' rent.

Shopping in Anchorage, AK

Diamond Center, Anchorage Fifth Avenue Mall, and Midtown Mall are the largest indoor shopping malls in Anchorage where renters can find popular national and international brands; fashion retailers; electronics stores; and dining options. On the other hand, Tikahtnu Commons and Glenn Square are outdoor shopping venues with big-box stores, chain restaurants and local businesses. Anchorage also has a vibrant local retail scene with authentic Alaskan products, Native Alaskan artwork, handmade crafts and antiques. Due to its proximity to outdoor activities and wilderness, renters will also find many stores specializing in outdoor gear. Major stores in Anchorage include names like Fred Meyer, Carrs, Walmart, Costco, Target, Sam's Club, JCPenney, Kohl's and Nordstrom Rack. And, for renters looking to buy fresh produce, locally made food, crafts and artisanal goods, Anchorage hosts several farmers' markets during the summer months.

Transportation in Anchorage, AK

There are various transportation options to get around Anchorage, but a car remains the preferred option. To that end, State Route 1 is the main thoroughfare in Anchorage that connects renters to the main attractions in the city, neighboring areas and beyond. Alternatively, the local public transportation system is known as "People Mover" and consists of a bus network covering various routes within the city and surrounding areas. Renters can also use several trolley tours to access popular tourist spots and landmarks. Or, for a faster option, the Alaska Railroad operates passenger trains connecting Anchorage to various destinations within Alaska. Biking and walking are also popular transportation options, especially in summer, as the city has many bike lanes and pedestrian trails surrounded by stunning nature. Ridesharing companies, like Uber and Lyft, also operate in Anchorage for an additional option for transportation. Finally, as the largest airport in Alaska, Ted Stevens Anchorage International Airport offers domestic and international flights for the whole state.

Look for apartments near me

Are you looking to land that one apartment near you that ticks all the boxes? Now you can browse through available RentCafe apartment listings in your area, rated and reviewed by verified residents. Comparing the size, price, amenities and location of apartments for rent near you is easier than ever. Do you feel like expanding the search beyond your neighborhood and ZIP code? Browse apartments for rent in your city and state to find the best fit, wherever you are in the U.S. Somewhere out there is the perfect apartment just waiting for you.

Whether you're looking for a studio, an apartment with one or more bedrooms, or maybe you're upgrading to a luxury apartment or need to acommodate a pet, RentCafe allows you to easily search for a rental near you based on your criteria, anywhere in the U.S. So, let's find your new home today!

RentCafe is your one-stop shop for finding a great new apartment in Anchorage, AK. Easily search through a wide selection of apartments for rent in Anchorage, AK, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Browse Anchorage, AK apartments with rents starting from $500 and submit your rental application today!

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!

1 BED	Ask for Pricing
2 BEDS	$500+
3 BEDS	$1,000+

Apartments for Rent in Anchorage, AK 82 Rentals Available

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