Cheap Apartments for Rent in 99501
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$1,210 - $1,365/mo
Studio-1 Bed
1 BathThe Outlook Apartments | 234 E 15th Ave #603,
Anchorage, AK 99501
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Average Rent Trends in 99501
Rent in 99501 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in May 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,600 |
| Jul 2025 | $1,706 |
| Aug 2025 | $1,800 |
| Sep 2025 | $1,800 |
| Oct 2025 | $1,800 |
| Nov 2025 | $1,800 |
| Dec 2025 | $1,795 |
| Jan 2026 | $1,800 |
| Feb 2026 | $1,800 |
| Mar 2026 | $1,800 |
| Apr 2026 | $1,921 |
| May 2026 | $1,800 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,351 | $2,200 | $2,200 | — | $1,937 |
| Townhomes | $2,800 | $2,800 | $2,588 | — | $2,800 |
| Apartments and Condos | $1,300 | $2,150 | $2,100 | — | $1,750 |
| Houses | — | $2,200 | $2,995 | — | $2,200 |
Frequently Asked Questions about Rentals in 99501
- What is the average rent of an apartment in 99501?The average rent of an apartment in 99501 is $1,776 per month. This is about 8% lower than the national average.
- What is the average rent of a house in 99501?The average rent of a house in 99501 is $2,200 per month. This is about 14% higher than the national average.
- What is the average rent of a townhome in 99501?The average rent of a townhome in 99501 is $2,800 per month. This is about 45% higher than the national average.
- When is the average rent cheapest in 99501?In the last year, the average rent in 99501 was lowest in Jun 2025 when it was $1,600 per month.
- When is the average rent most expensive in 99501?In the last year, the average rent in 99501 was highest in May 2025 when it was $1,850 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 99501?The average rent of a 1 bedroom apartment in 99501 is $1,351 per month. That is about $131 more than the cost of a studio apartment.
- How many available rental listings are in 99501?There are 70 available rental listings in 99501.
- What are some cities near 99501?Some nearby cities include: Point MacKenzie, Eagle River, Anchorage, Big Lake, Wasilla, Hope. These cities may have more rental options to explore.