Low Income Apartments and Affordable Housing For Rent in Anchorage, AK

Discover affordable housing in Anchorage where there are 82+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Chester Creek Estates

5814 East Northern Lights , Anchorage, Alaska 99504

bed 1-4
payment $965-1460/mo.
switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible

Turnagain Place Townhomes

2708 Coho Way, Anchorage, Alaska 99517

bed 2
switch_access_shortcut Short Wait
accessibility Accessible

3600 Spenard

3600 Spenard, Anchorage, Alaska 99503

bed 1
payment $850-925/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Coronado Park Apartments

16820 Coronado Street, Anchorage, Alaska 99577

bed Studio-2
payment $750-950/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Chester Park Estates

1019 East 20th Avenue, Anchorage, Alaska 99501

bed 1-4
switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible

Commodore Park Plaza

10415 Jamestown Dr, Anchorage, Alaska 99507

bed 1
payment Subsidized
elderly Senior
accessibility Accessible

Trailside Heights

2773 Trailside Loop, Anchorage, Alaska 99507

bed 2-3
switch_access_shortcut Short Wait
accessibility Accessible

Trail Point Apartments

10450 Methow Pl, Anchorage, Alaska 99577

bed 1-3
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

ThirteenTen West 32nd

1310 W. 32nd St., Anchorage, Alaska 99503

bed Studio-2
payment $495-1050/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Regency Place

12130 Regency Dr., Anchorage, Alaska 99577

bed 2-3
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Qevu Village

13600 Old Seward Hwy, Anchorage, Alaska 99515

bed Studio-2
payment $735-1100/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Ch'anikna Commons

425 Price St., Anchorage, Alaska 99508

bed 1-3
payment $750-1000/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Qanchi Place

630 W 8th Ave, Anchorage, Alaska 99501

bed 1-2
payment $750-875/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Elizabeth Place

925 W. 7th Ave., Anchorage, Alaska 99501

bed Studio-2
payment $735-1125/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Creekview Plaza II

7905 Creekside Center Drive, Anchorage, Alaska 99504

bed 1
payment $800/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Muldoon Garden

207 Muldoon Rd., Anchorage, Alaska 99504

bed 1-2
payment $825-1000/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Grass Creek North

7861 Betnu Circle, Anchorage, Alaska 99504

bed 1
payment $775/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Creekview Plaza 49

1400 Muldoon, Anchorage, Alaska 99504

bed 1-2
payment $815-1150/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Creekside Alyeska

353 Hightower Rd, Anchorage, Alaska 99587

bed 1-2
switch_access_shortcut Short Wait
accessibility Accessible

400 N Lane St

400 N Lane St, Anchorage, Alaska 99508

bed 1
payment $823/mo.

How To Identify Affordable Housing in Anchorage, Alaska

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
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Reported On February 23rd, 2024 by Lorena Bentley

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Reported On February 23rd, 2024 by Lorena Bentley

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Reported On February 23rd, 2024 by Lorena Bentley

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Reported On February 23rd, 2024 by Lorena Bentley

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Reported On February 23rd, 2024 by Lorena Bentley

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Reported On February 23rd, 2024 by Lorena Bentley

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Reported On February 23rd, 2024 by Lorena Bentley

calendar_today Opened: Feb 1
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Reported On February 23rd, 2024 by Lorena Bentley

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Reported On February 23rd, 2024 by Lorena Bentley

calendar_today Opened: Oct 5
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Reported On February 23rd, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Anchorage, Alaska
$27.54/hour
$15.81 (+135%) more than Alaska minimum wage and $20.29 (+280%) more than the Federal minimum wage.
Learn More About Anchorage, Alaska Affordable Housing ↓

What HUD offices serve Anchorage, Alaska?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Moving to Work, Section 8 Project-Based Rental Assistance (PBRA) programs for Anchorage, Alaska.
Operates the Public Housing, Moving to Work programs for Anchorage, Alaska.

Go to the Alaska Public Housing and Low-Income Apartments Waiting Lists page for openings near Anchorage.

How many renters live in Anchorage, Alaska?

The City of Anchorage has people living in households.

There are renters living in renter households in this City. Renters make up 30.84 percent of the population living in Anchorage.

What is the rental market like in Anchorage, Alaska?

There are an estimated housing units in the Anchorage area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Anchorage, Alaska, there are 1.1 rental units.

What is the vacancy rate for rentals in Anchorage?

The rental vacancy rate in Anchorage is 7 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Anchorage for each bedroom size?

Occupied Rental Units by Size in Anchorage
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
4,001 6,107 16,572 9,464 1,926
Occupied Rental Units by Size in Anchorage

A large number of apartments in Anchorage have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Anchorage

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $996 to $2,467. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $996
One BR $1,107
Two BR $1,454
Three BR $2,049
Four BR $2,467
2024 Fair Market Rents in Anchorage, Alaska

How many units are rented at Fair Market Rent (FMR) in Anchorage?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 2,650 66 percent
One BR 3,728 61 percent
Two BR 9,919 60 percent
Rental Units Below FMR in Anchorage, Alaska

How many affordable rental units are in Anchorage?

There are a variety of federal affordable housing programs serving households in Anchorage, Alaska including the following:

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Mod Rehab Project-Based Rental Assistance
Section 202 Supportive Housing for the Elderly
Section 811 Supportive Housing for Persons with Disabilities
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Anchorage, Alaska

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Anchorage, Alaska

Anchorage features 1,200 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Anchorage, Alaska

There are 1,928 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Anchorage.

Housing Choice Vouchers in Anchorage, Alaska

On average, Section 8 Housing Choice vouchers pay Anchorage landlords $600 per month towards rent. The average voucher holder contributes $600 towards rent in Anchorage.

The maximum amount a voucher would pay on behalf of a low-income tenant in Anchorage, Alaska for a two-bedroom apartment is between $1,309 and $1,599.

Sourced from federal housing data and AffordableHousingOnline.com research.