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Low Income Apartments for Rent in Anchorage, AK
54 Rentals
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Exceptional Value -
STUDIO$975McKinley Tower Apartments
337 E 4th Ave, Anchorage, AK 99501 -
STUDIO - 2 BEDSCall for RentMerrill Crossing
1275 E 9th Ave, Anchorage, AK 99501 -
2 - 3 BEDSCall for Rent
Spruce View
10601 Spruce View Loop, Anchorage, AK 99507 -
STUDIOCall for Rent
Loussac Sogn
429 D St, Anchorage, AK 99501 -
1 BED$1,225+2 BEDS$1,450+3 BEDS$1,800+4 BEDS$2,050+
Chester Park Estate
1019 E 20th Ave, Anchorage, AK 99501 -
STUDIO$865The Adelaide
201 E 9th Ave, Anchorage, AK 99501
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Anchorage, AK Income Restricted Apartments for Rent
Browse a wide selection of low-income apartments for rent in Anchorage. If you're searching for affordable apartments to fit your budget, it's important to be aware of the opportunities available to you. There are a variety of programs that may be accepted by low-income communities. Some might take part in the Low-Income Housing Credit Program, or Section 42, while others might accept vouchers through the Housing Choice Voucher Program, or Section 8. Since these programs are different, call the apartment community you’re interested in and ask which program they participate in.
Before you apply for an income restricted apartment, make sure you qualify for Section 8 housing in Anchorage by contacting the local public housing agency, or PHA. You must meet certain requirements based on the area median income, or AMI, and that amount varies depending on location. Section 8 housing is often more difficult to find than other affordable housing programs since properties must meet certain guidelines to qualify for the program, and not all properties accept Section 8 vouchers.
There are 8 income-restricted apartments available in Anchorage. To find out if the apartment community you’re interested in accepts Section 8, look at their requirements or call the property directly and ask.
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.