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$6001 Bedroom Apartments Available Now
612 E 14th Ave
612 E 14th AveAnchorage, AK 99501
Cheap Apartments for Rent in the Downtown Anchorage Neighborhood of Anchorage, AK from $600 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Anchorage area of Anchorage.
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$7501 Bedroom Apartment Available Now
2536 Forest Park Dr, Unit Room1-2
2536 Forest Park DrAnchorage, AK 99517
1140 Cousy Lp
AnchorageAK99504
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$925 - $1,235Studio to 2 Bedroom Apartments Available Now
Panoramic View
787 Elm StAnchorage, AK 99501
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$1,050 - $1,475Studio to 1 Bedroom Apartments Available Now
McKinley Tower Apartments
337 E 4th AveAnchorage, AK 99501
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$1,125 - $1,250Studio to 1 Bedroom Apartments Available Now
Northwind Apartments
524 E 11th AveAnchorage, AK 99501
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$1,160 - $1,460Studio to 2 Bedroom Apartments Available Now
College View
3501 E 42nd AveAnchorage, AK 99508
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.
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Studio to 1 Bedroom Apartments
West Midtown Gardens
1327 W 27th AveAnchorage, AK 99503
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Studio Apartments
West Midtown Pointe
1425 W 27th AveAnchorage, AK 99503
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Studio to 3 Bedroom Apartments
North Pointe Apartments
905 Richardson Vista RdAnchorage, AK 99501
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1 to 2 Bedroom Apartments
Caswell Court
Centennial CirAnchorage, AK 99504
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1 to 4 Bedroom Apartments
Loussac Place Apartments
2067 Fiddlehead PlAnchorage, AK 99503
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1 to 2 Bedroom Apartments
Mountain View Apartments
185 Rideline LoopAnchorage, AK 99508
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1 Bedroom Apartments
West Midtown Place
1023 W 26th AveAnchorage, AK 99503
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.
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1 to 2 Bedroom Apartments
Northern Lights Manor
1353 W 27th AveAnchorage, AK 99503
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Studio to 1 Bedroom Apartments
West Midtown Village
1414 W 26th AveAnchorage, AK 99503
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1 Bedroom Apartments
Milepost O Apartments
618 Gambell StAnchorage, AK 99501
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1 to 3 Bedroom Apartments
Casablanca Apartments
4318-4320 Checkmate DrAnchorage, AK 99508
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1 Bedroom Apartments
Eureka Street Apartments
3405 Eureka StAnchorage, AK 99503
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1 Bedroom Apartments
Smallwood Manor Apartments
3400 Eureka StAnchorage, AK 99503
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2 Bedroom Apartments
2805 W 31st Ave
2805 W 31st AveAnchorage, AK 99517
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.
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Studio to 1 Bedroom Apartments
Country Lane
810 E 42nd AveAnchorage, AK 99503
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1 Bedroom Apartments
Gill Oscar House
1344 W 10th AveAnchorage, AK 99501
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Studio to 1 Bedroom Apartments
Cedarwood Apartments
1336 W 23rd AveAnchorage, AK 99503
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Studio to 2 Bedroom Apartments
5440 E 26th Ave
5440 E 26th AveAnchorage, AK 99508
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Studio to 2 Bedroom Apartments
Castle
915 W 27th AveAnchorage, AK 99503
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Studio to 2 Bedroom Apartments
The Outlook Apartments
234 E 15th AveAnchorage, AK 99501
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Studio to 1 Bedroom Apartments
Arbor Pointe
1473 W 25th AveAnchorage, AK 99503
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.
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Studio to 3 Bedroom Apartments
The Village at Calais
601 W 32nd AveAnchorage, AK 99503
Showing Results 1-29, Page 1 of 1
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 | $1,460 | $925 | $2,125 |
| Downtown Anchorage 1 Bedroom Apartments | $1,717 | $600 | $4,321 |
| Downtown Anchorage 2 Bedroom Apartments | $1,961 | $758 | $5,285 |
| Downtown Anchorage 3 Bedroom Apartments | $2,151 | $1,350 | $2,700 |
| Downtown Anchorage 4 Bedroom Apartments | $2,050 | $2,050 | $2,050 |
Browse Apartments in this Neighborhood
There are currently 29 rentals with your search options within a 2 mile radius of the Downtown Anchorage Neighborhood of Anchorage, AK.
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Downtown Anchorage, Anchorage, AK Local Guide
- Nearby Anchorage neighborhoods
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Cheapest Available Downtown Anchorage Apartments for Rent
The cheapest available apartment rental in the Downtown Anchorage area of Anchorage, AK is a Studio unit found at Panoramic View priced from $925. Country Lane has the second lowest priced unit, which is a Studio apartment currently listed from $1,025. Here are the most affordable Downtown Anchorage apartments for rent in Anchorage, AK:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Panoramic View | Studio | Studio,1BA | $925 |
| Country Lane | Studio | Studio,1BA | $1,025 |
| McKinley Tower Apartments | Unit B Studio | Studio,1BA | $1,050 |
| Castle | Studio X small | Studio,1BA | $1,100 |
| Northwind Apartments | Studio 3rd floor | Studio,1BA | $1,125 |
| College View | Studio | Studio,1BA | $1,160 |
| The Village at Calais | 1x1 | 1BR,1BA | $1,185 |
| Chester Park Estate | 1BD/1BA- Floorplan A | 1BR,1BA | $1,225 |
| Rancho Tudor | Studio | Studio,1BA | $1,225 |
Best Value Apartments for Rent in Downtown Anchorage, AK
As of February 01, 2026 the best value apartment in the Downtown Anchorage area is the $1.38 price per square foot CS - 2 Bedroom Model at Creekside Terrace in the in the Downtown Anchorage neighborhood starting from $1,695. The second greatest value Downtown Anchorage apartment is the 2x1 1100a Model at Arctic Sun starting at $1,640 with a $1.49 price per square foot in the Downtown Anchorage neighborhood. Here is today’s list of the best values for Downtown Anchorage apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Creekside Terrace | CS - 2 Bedroom | 2BR,1BA | $1.38 |
| Arctic Sun | 2x1 1100a | 2BR,1BA | $1.49 |
| 2021 Farmer Pl, Unit 3 | 2021 Farmer Pl | 2BR,1BA | $1.68 |
| The Glen | Two Bedroom | 2BR,1BA | $1.74 |
| 3309 Oregon Dr, Unit A | 3309 Oregon Dr | 2BR,1BA | $1.67 |
| Deer Park | Two Bedroom | 2BR,1BA | $1.74 |
| Kings Court | Two Bedroom One Bath | 2BR,1BA | $1.66 |
| Hillcrest Apartments | 2 bed bottom floor | 2BR,1BA | $1.54 |
| Nicole Apartments | Flat | 1BR,1BA | $1.74 |
| Northwind Apartments | Studio 3rd floor | Studio ,1BA | $1.73 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in cities across the United States, including Anchorage. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, kid and pet-friendly communities, availability of transit options, and other valuable search options. These search options are in the site filters at the top of this page.
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 $1,050, 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 6 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 $762 which is $4,238 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
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.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.