
Cheap 1 Bedroom Apartments for Rent in the Downtown Anchorage Neighborhood of Anchorage, AK from $700 (58 Rentals)


1046 W 26th Ave

College View

Chester Park Estate

Northwind Apartments

2720 Coho Way

The Club at Eagle Point

Tudor Park Apartments

Central Park Apartments

Green Tree Apartments
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Russian Jack

Total Monthly Price
1426 Orca St, Unit 1, Unit 1

Alpine

Town Square Manor Apartments

The Greenbriar

McKinley Tower Apartments

Caswell Court

Loussac Place Apartments

Mountain View Apartments

West Midtown Place
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Northern Lights Manor

West Midtown Gardens

North Pointe Apartments

West Midtown Village

Milepost O Apartments

Eureka Street Apartments

Casablanca Apartments

Smallwood Manor Apartments

Gill Oscar House

Castle
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

The Village at Calais

Conifer Grove

3350 Boniface Pkwy

3230 Boniface Pkwy

1710 Muldoon Cir

Park Plaza

Continental

Susitna Ridge

Ptarmigan Meadows

Rancho Tudor
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Chester Creek Estates

City View

Nicole Apartments

Hillside Chalet

Arctic Sun

The Outlook Apartments

Ladera Villa

Taiga

Terrace on the Lake

Deer Park
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Downtown Anchorage, Anchorage, AK Local Guide

How much does it cost to rent an apartment in Downtown Anchorage?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Anchorage Studio Apartments | $1,474 | $975 | $2,025 |
Downtown Anchorage 1 Bedroom Apartments | $1,689 | $700 | $3,925 |
| Downtown Anchorage 2 Bedroom Apartments | $1,874 | $1,175 | $4,511 |
| Downtown Anchorage 3 Bedroom Apartments | $2,277 | $1,550 | $2,900 |
| Downtown Anchorage 4 Bedroom Apartments | $3,200 | $3,200 | $3,200 |
Explore Anchorage
Frequently Asked Questions about Cheap Downtown Anchorage Apartments
What is a cheap apartment in Downtown Anchorage?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Anchorage is under $1,225.
What is the price of a cheap apartment in Downtown Anchorage?
The cheapest apartment in Downtown Anchorage is Panoramic View which is listed at $1,100, while the average apartment in Downtown Anchorage costs $5,000.
What types of apartments are the cheapest in Downtown Anchorage?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 7 regular apartments in Downtown Anchorage that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Downtown Anchorage?
Cheap apartments in Downtown Anchorage have an average cost of $128 which is $4,872 cheaper than the average rent for all rentals in Downtown Anchorage.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.