Apartments under $1,000 for Rent in Anchorage, AK
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STUDIO$975
McKinley Tower Apartments
337 E 4th Ave, Anchorage, AK 99501 -
1 BED, 1 BATH$1,000
8480 Jewel Lake Rd Unit 9
8480 Jewel Lake Rd, Anchorage, AK 99502 -
1 BED, 1 BATH$850
838 Irwin St Unit 1
838 Irwin St, Anchorage, AK 99508 -
1 BED, 1 BATH$1,000
8480 Jewel Lake Rd Unit 15
8480 Jewel Lake Rd, Anchorage, AK 99502 -
STUDIO$865
The Adelaide
201 E 9th Ave, Anchorage, AK 99501
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Anchorage at a Glance
Anchorage, AK Apartments for Rent
Anchorage, AK, offers a remarkable experience filled with stunning natural beauty and a vibrant cultural scene. Nestled between the Chugach Mountains and the waters of Cook Inlet, this city provides breathtaking views and ample opportunities for outdoor activities. Parks such as Earthquake Park and Ship Creek Overlook Park invite exploration, while the Tony Knowles Coastal Trail is perfect for biking or walking. The diverse housing options range from cozy apartments downtown to more spacious units in quieter neighborhoods, catering to various lifestyles and budgets.
The city hosts numerous events throughout the year, including the Iditarod Trail Sled Dog Race, showcasing a deep-rooted connection to Alaskan traditions. The Anchorage Market & Festival, held during the summer months, features local artisans and delicious food vendors, creating a lively atmosphere for residents and visitors alike. For those interested in history and culture, landmarks like the Alaska Native Heritage Center and the Anchorage Museum provide rich insights into the region's heritage.
Shopping enthusiasts can explore the Anchorage 5th Avenue Mall and Midtown Mall, where a variety of stores await. Glenn Square and the Great Alaska Mall offer additional options for retail therapy. After a day of shopping, dining at popular spots like Moose's Tooth Pub & Pizzeria or Bear Tooth Theatrepub provides a delightful culinary experience. For a more casual meal, Snow City Cafe and Humpy's Great Alaskan Alehouse are local favorites.
Coffee lovers can find their perfect brew at Kaladi Brothers Coffee or Middle Way Cafe, ideal for a cozy afternoon break. The city's educational landscape is highlighted by institutions like the University of Alaska Anchorage, fostering a sense of community and learning.
With its blend of outdoor adventures, cultural experiences, and accessible rental options, Anchorage stands out as an appealing place to call home, enriched by its local parks, museums, and vibrant dining scene.
Why Anchorage?
- Enjoying the northern lights in the wintertime and the midnight sun in summer.
- Getting around by dog sled, snowmobile, snowboard, skates, and snowshoes.
- Skiing, fishing, hiking, biking, and whale-watching surrounded by stunning beauty.
- Sharing the road with the occasional moose — or grizzly bear. Salmon year-round.
- Six mountain ranges and spectacular parks, such as Chugach State Park.
- A sleek, modern downtown with plenty of shopping, restaurants, and businesses.
Renting in Anchorage
Average Rental Rates and Apartment Sizes
- Apartment Type Average Sq Ft Average Rent
- 1 Bedroom 588 Sq Ft $1,287 / mo
- 2 Bedrooms 853 Sq Ft $1,571 / mo
- 3 Bedrooms 933 Sq Ft $1,768 / mo
- 4 Bedrooms 1,141 Sq Ft $1,907 / mo
Top Budget-Friendly Neighborhoods in Anchorage
(For 1 bedroom apartments)- Neighborhoods Average Sq Ft Average Rent
- Midtown Anchorage 570 Sq Ft $1,271/mo
- North Star 665 Sq Ft $1,308/mo
- Spenard 614 Sq Ft $1,365/mo
- Taku/Campbell 712 Sq Ft $1,371/mo
- Russian Jack Park 614 Sq Ft $1,371/mo
- Northeast Anchorage 671 Sq Ft $1,414/mo
- Downtown Anchorage 639 Sq Ft $1,419/mo
- South Addition 597 Sq Ft $1,532/mo
- Sand Lake 622 Sq Ft $1,599/mo
- Airport Heights 464 Sq Ft $1,616/mo
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Note: Based on community-supplied data and independent market research. Subject to change without notice.