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Studio Apartments for Rent in Anchorage, AK

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    Starting at $1,330 Per Month

    • Studio - 2 Beds

    5215 Mockingbird Dr, Anchorage, AK 99507

    Welcome to Alpine Apartment Homes! Choose one of our many pet-friendly studio, 1, or 2-bedroom apartments. You'll enjoy living in a floor plan with a modern kitchen, walk-through closets, open-concept living spaces, and stunning natural views.Alpine offers a variety of amenities to elevate your routines! Entertain guests at the clubhouse with a cozy fireplace, wake up to a warm cup of coffee at

    Alpine

    5215 Mockingbird Dr, Anchorage, AK 99507
  • /15

    Starting at $1,110 Per Month

    • Studio - 2 Beds

    915 W 27th Ave, Anchorage, AK 99503

    You'll love living at Castle Apartment Homes in Anchorage, AK! Choose from pet-friendly one and two-bedroom apartments with an energy-efficient appliance package, a dining room, large windows, ample storage space, and a private patio or balcony.Enjoy having access to fantastic community amenities such as the resident lounge with a coffee station, laundry facilities, additional storage, and lush

    Castle

    915 W 27th Ave, Anchorage, AK 99503
  • /35

    Starting at $925 Per Month

    • Studio - 2 Beds

    787 Elm St, Anchorage, AK 99501

    Located in the historic Government Hill Neighborhood, offering quality, affordable rental housing great for families or individuals. Many units feature spectacular views of Anchorage and the surrounding Chugach Mountains. This is our largest property in Anchorage with 268 units, we always have opening. Come in and view one of our great units. One -site management weekdays 9-6. One small pet

    Panoramic View

    787 Elm St, Anchorage, AK 99501
  • /15

    Starting at $1,155 Per Month

    • Studio - 2 Beds

    3501 E 42nd Ave, Anchorage, AK 99508

    College View Apartment Homes offers quality, pet-friendly apartments in Anchorage, AK. Live in a comfortable studio, one- or two-bedroom home with a modern kitchen, updated appliances, open-concept layouts, spacious closets, and large windows that let in plenty of natural light.Enjoy having access to a range of community amenities, including a courtyard, a coffee station, planned social events

    College View

    3501 E 42nd Ave, Anchorage, AK 99508
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    Starting at $950

    Total Monthly Price

    • Studio - 2 Beds

    905 Richardson Vista Rd, Anchorage, AK 99501

    Welcome to North Pointe Apartment Homes. We are the largest apartment community on the largest grounds in all of Alaska. A Home with a Heart as we like to say!We offer the best prices in an amazingly convenient location up on Government Hill, overlooking beautiful downtown Anchorage. Featuring 406 apartment homes on 33 acres, we are proud to say we maintain extremely affordable rental

    North Pointe Apartments

    905 Richardson Vista Rd, Anchorage, AK 99501
  • /20

    Starting at $700 Per Month

    • Studio

    345 W 5th Ave, Anchorage, AK 99501

    Historic 3-story building with keyed entrance and elevator; located downtown in the heart of Anchorage. Furnished unit with kitchenette. Community restrooms, kitchen facilities, lounge areas with cable TV and washer/dryer on each floor. On-site management.

    Loussac Sogn

    345 W 5th Ave, Anchorage, AK 99501
  • /20

    Starting at $950 Per Month

    • Studio - 2 Beds

    1275 E 9th Ave, Anchorage, AK 99501

    A cozy community featuring stylish studio, one and two bedroom units, Merrill Crossing is your first choice affordable option. Located minutes from downtown, easy access to the Glenn Highway and close to parks makes this community stand out from the competition. On site laundry and garages are available. Make Merrill Crossing your first stop when looking for a new apartment home. Sorry, no pets

    Merrill Crossing

    1275 E 9th Ave, Anchorage, AK 99501
  • /20

    Starting at $1,100 Per Month

    • Studio - 1 Bed

    337 E 4th Ave, Anchorage, AK 99501

    Only HIgh Rise residential Tower in Downtown Anchorage features 30 studio and 70 one bedroom units. All units have unobstructed views and are convenient to the Downtown restaurants, services and entertainment.

    McKinley Tower Apartments

    337 E 4th Ave, Anchorage, AK 99501
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    Starting at $1,650 Per Month

    • Studio - 2 Beds

    3531 E 42nd Ave, Anchorage, AK 99508

    Rancho Tudor Apartments offers spacious, pet-friendly apartments in Anchorage, AK. Live in a studio, 1, or 2-bedroom apartment designed to meet your needs and lifestyle. Each home has large kitchens with double sinks, energy-efficient appliances, and spacious dining areas. The homes also offer large closets and come cable-ready. Take advantage of the community's amenities, including on-site

    Rancho Tudor

    3531 E 42nd Ave, Anchorage, AK 99508
  • /14

    Starting at $1,370 Per Month

    • Studio - 2 Beds

    2421 Bentzen Cir, Anchorage, AK 99517

    Terrace on the Lake Apartment Homes offers comfortable, pet-friendly apartments in Anchorage, AK.Choose from studio, 1, or 2-bedroom apartments featuring modern kitchens with a full suite of appliances and ample counter space. You'll have convenient features, like in-unit laundry, ceiling fans, and large closets. Select apartments have dining areas, walk-in closets, and fireplaces. Our community

    Terrace on the Lake

    2421 Bentzen Cir, Anchorage, AK 99517
  • /16

    Starting at $1,265 Per Month

    • Studio - 2 Beds

    1601 Medfra St, Anchorage, AK 99501

    Susitna Ridge Apartment Homes offers comfortable, pet-friendly apartments in Anchorage, AK. Live in a studio, 1, or 2-bedroom apartment featuring a modern kitchen with plenty of storage, energy-efficient appliances, and a breakfast bar. Relax in a cozy living area with a warm wood-burning fireplace and sliding glass doors leading to your private balcony or patio, boasting stunning views of the

    Susitna Ridge

    1601 Medfra St, Anchorage, AK 99501
  • /24

    Starting at $1,750 Per Month

    • Studio - 1 Bed

    1000 W 8th Ave, Anchorage, AK 99501

    Welcome to Block96, brand new apartment homes in downtown Anchorage, AK. Featuring luxurious units, a heated parking garage, fitness center, club room, and a great location. Take a tour today!

    Block 96

    1000 W 8th Ave, Anchorage, AK 99501
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    Starting at $1,235 Per Month

    • Studio - 2 Beds

    230 W 14th Ave, Anchorage, AK 99501

    City View Apartment Homes offers high-quality, pet-friendly apartments in Anchorage, AK!Live in a studio, 2, or 3-bedroom home featuring stone countertops, a complete energy-efficient appliance package, modern flooring, and a soaking bathtub. Select homes include a linen closet, pantry, built-in desk, breakfast bar, and a private patio/balcony. Inquire about a furnished corporate suite, and enjoy

    City View

    230 W 14th Ave, Anchorage, AK 99501
  • /17

    Starting at $1,475 Per Month

    • Studio - 2 Beds

    4318 Vance Dr, Anchorage, AK 99508

    Greenbriar Apartment Homes offers comfortable, pet-friendly apartments in Anchorage, AK, near work, school, and recreation.Choose from studios, 1, or 2-bedroom apartments featuring modern kitchens with a complete appliance package and plenty of cabinet space. Your living area has ceiling fans, cozy fireplaces, and access to a private balcony. Our community amenities include on-site laundry, a

    The Greenbriar

    4318 Vance Dr, Anchorage, AK 99508
  • /11

    $975 Per Month

    • Studio
    • 1 Bath
    • 300 Sq Ft
    • Condo for Rent

    3901 Northwood Dr Unit 8, Anchorage, AK 99517

    Discover 3901 Northwood Drive #7 in Anchorage, AK — a recently updated studio with one bathroom offering practical, comfortable living. This unit includes a parking space and access to on-site washer and dryer facilities. Residents can take advantage of a Tenant Benefit Package and rent reporting, plus a special offer of 25% off the first month’s rent. The property is conveniently located near

    3901 Northwood Dr Unit 8, Anchorage, AK 99517
  • /9

    $3,400 Per Month

    • Studio
    • 1.5 Baths
    • Townhouse for Rent

    8936 Arlon St, Anchorage, AK 99507

    UNIQUE NEW BUILD-South Anchorage Shop and Man Cave / Office.  – Perfect for Business owners or companies needing shop space and accommodations. ?? Location: 8934 Arlon St, Anchorage, AK 99507This versatile space is ideal for business owners looking for extra office space or a man cave above their workspace. Perfect for entrepreneurs with toys to work on, companies needing a shop

    8936 Arlon St, Anchorage, AK 99507
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    Call for Price

    • Studio
    • 1 Bath
    • Condo for Rent

    3200 Spenard Rd Unit 1, Anchorage, AK 99503

    Be among the first to live in these completely renovated studio apartments in the heart of Spenard!Expected Availability: September 1, 2026Property Features:• Fully renovated building• Modern studio apartment layouts• All utilities included in rent• Coinless on-site laundry with convenient mobile app access• Professionally managed property• Convenient

    3200 Spenard Rd Unit 1, Anchorage, AK 99503

Why Live in Anchorage

Anchorage in Southcentral Alaska offers a rare blend of urban amenities and easy access to expansive wilderness. The city is Alaska’s largest population center, with most residents living in the low-lying Anchorage Bowl, where neighborhoods are close to shopping, dining, healthcare and attractions. Housing options range from suburban single-family homes and condos near downtown to more secluded properties in the wooded hills of South Anchorage, with styles that commonly include ranch, Craftsman and log cabin-inspired designs. Outdoor recreation is a defining feature, with more than 200 city parks, hundreds of miles of trails and direct access to vast areas like Chugach State Park. Popular spaces offer year-round activities, from hiking and biking to skiing and dog sledding. The Anchorage School District serves tens of thousands of students and offers diverse academic and career-focused programs, while local universities provide higher education options in fields such as health, engineering and business. Shopping and dining are spread throughout the city, from malls and retail centers to a strong downtown scene known for local restaurants, breweries and entertainment venues. Transportation includes an international airport with wide regional connectivity, major highways linking nearby communities and a public bus system serving many neighborhoods.

Frequently Asked Questions

How much does it cost to rent a home in Anchorage, AK?
The median rent for a home in Anchorage, AK is $2,200 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option while condos and townhouses are currently more expensive.
How much do you need to make to afford rent in Anchorage, AK?
To comfortably afford the median rent in Anchorage, AK, a household needs to earn roughly $88,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,200 per month in Anchorage, AK, renters typically need to show $6,600 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Anchorage, AK?
In Anchorage, AK, the price-to-rent ratio is 15.7, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Homes for Rent
17
Median Rent
$2,200
Median Single Family Home Rent
$1,750
Median Townhouse Rent
$2,075
Median Condo Rent
$1,825
How to Rent a Home