Cheap 2 Bedroom Apartments for Rent in the Downtown Anchorage Neighborhood of Anchorage, AK from $1,175 (53 Rentals)

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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Mountain View Apartments
2 Bedroom Apartments

Mountain View Apartments

185 Rideline LoopAnchorage, AK 99508
Senior Living
  • Utilities Included
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Northern Lights Manor
2 Bedroom Apartments

Northern Lights Manor

1353 W 27th AveAnchorage, AK 99503
  • Utilities Included
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2805 W 31st Ave
2 Bedroom Apartments

2805 W 31st Ave

2805 W 31st AveAnchorage, AK 99517
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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5440 E 26th Ave
2 Bedroom Apartments

5440 E 26th Ave

5440 E 26th AveAnchorage, AK 99508
  • Utilities Included
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827 E 11th Ave
2 Bedroom Apartments

827 E 11th Ave

827 E 11th AveAnchorage, AK 99501
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Hillcrest Apartments
2 Bedroom Apartments

Hillcrest Apartments

515 E 12th AveAnchorage, AK 99501
  • Utilities Included
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Park Plaza
2 Bedroom Apartments

Park Plaza

201 E 16th AveAnchorage, AK 99501
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Conifer Grove
2 Bedroom Apartments

Conifer Grove

218 McCarrey StAnchorage, AK 99508
  • Utilities Included
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Kings Court
2 Bedroom Apartments

Kings Court

303 E 15th AveAnchorage, AK 99501

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.

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1515 Nelchina St
2 Bedroom Apartments

1515 Nelchina St

1515 Nelchina StAnchorage, AK 99501
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Chester Creek Estates
2 Bedroom Apartments

Chester Creek Estates

5814 E Northern Lights BlvdAnchorage, AK 99504
  • Utilities Included
property at 516 E 10th Ave

$1,550

2 Bedroom Rentals

Available Aug 10

516 E 10th Ave

AnchorageAK99501
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Hillside Chalet
2 Bedroom Apartments

Hillside Chalet

631 E 22nd AveAnchorage, AK 99503
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Deer Park
2 Bedroom Apartments

Deer Park

4221 Laurel StAnchorage, AK 99508
  • Utilities Included
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Checkmate Plaza
2 Bedroom Apartments

Checkmate Plaza

3410 Boniface PkyAnchorage, AK 99504
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Brighton Woods
2 Bedroom Apartments

Brighton Woods

1204 Norman StAnchorage, AK 99504
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Downtown Classics
2 Bedroom Apartments

Downtown Classics

1111 Barrow StAnchorage, AK 99501
Furnished
  • Utilities Included
  • Smoke Free

Renting with Roommates: Realistic Expectations for Shared Lease

Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

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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 $1,165.

What is the price of a cheap apartment in Downtown Anchorage?

The cheapest apartment in Downtown Anchorage is North Pointe Apartments which is listed at $1,175, while the average apartment in Downtown Anchorage costs $1,600.

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 4 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 $150 which is $1,450 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

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.