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Cheap Apartments for Rent in the Downtown Anchorage Neighborhood of Anchorage, AK from $700 (28 Rentals)
Cheap Apartments in the Downtown Anchorage area of Anchorage.
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from $900Studio to 2 Bedroom Apartments Available Jun 30
Merrill Crossing
1275 E 9th AveAnchorage, AK 99501
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from $950Studio to 1 Bedroom Apartments Available Now
McKinley Tower Apartments
337 E 4th AveAnchorage, AK 99501
311 E 46th Ave
AnchorageAK99503
5150 Taku Dr
AnchorageAK99508
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433 E Dowling Rd
AnchorageAK99518
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from $1,120Studio to 2 Bedroom Apartments Available Now
College View
3501 E 42nd AveAnchorage, AK 99508
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
533 Price
AnchorageAK99508
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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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Showing Results 1-28, 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 | $1,178 | $700 | $2,025 |
| Downtown Anchorage 1 Bedroom Apartments | $1,535 | $950 | $2,917 |
| Downtown Anchorage 2 Bedroom Apartments | $1,643 | $1,175 | $3,230 |
| Downtown Anchorage 3 Bedroom Apartments | $1,974 | $1,500 | $2,660 |
| Downtown Anchorage 4 Bedroom Apartments | $2,050 | $2,050 | $2,050 |
Browse Apartments in this Neighborhood
There are currently 28 rentals with your search options within a 2 mile radius of the Downtown Anchorage Neighborhood of Anchorage, AK.
See all Apartments in AnchorageExplore Anchorage
Downtown Anchorage, Anchorage, AK Local Guide
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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 Loussac Sogn priced from $700. The Adelaide has the second lowest priced unit, which is a Studio apartment currently listed from $917. Here are the most affordable Downtown Anchorage apartments for rent in Anchorage, AK:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Loussac Sogn | Studio 1 | Studio,1BA | $700 |
| The Adelaide | Studio | Studio,1BA | $917 |
| Panoramic View | Studio | Studio,1BA | $925 |
| College View | Studio | Studio,1BA | $1,120 |
| Castle | Studio X small | Studio,1BA | $1,125 |
| The Mallary | 1 Bed | 1BR,1BA | $1,150 |
| Terrace on the Lake | Blue Winged Teal | Studio,1BA | $1,210 |
| The Greenbriar | Studio | Studio,1BA | $1,225 |
| Chester Park Estate | 1BD/1BA- Floorplan A | 1BR,1BA | $1,225 |
| The Outlook Apartments | 1 Bedroom McGrath | 1BR,1BA | $1,250 |
Best Value Apartments for Rent in Downtown Anchorage, AK
As of May 01, 2025 the best value apartment in the Downtown Anchorage area is the $1.55 price per square foot 2B/2B Model at Mariners View in the in the Government Hill neighborhood starting from $2,200. The second greatest value Downtown Anchorage apartment is the 1410 W 27th Ave Model at 1410 W 27th Ave, Unit 3 starting at $1,595 with a $1.33 price per square foot in the Spenard 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. |
|---|---|---|---|
| Mariners View | 2B/2B | 2BR,2BA | $1.55 |
| 1410 W 27th Ave, Unit 3 | 1410 W 27th Ave | 3BR,1BA | $1.33 |
| 525 N Flower St, Unit A | 525 N Flower St | 2BR,1BA | $1.23 |
| Brighton Park | 3x2 Accessible | 3BR,2BA | $1.83 |
| 5657 Gate Keeper Ave, Unit Duplex | 5657 Gate Keeper Ave | 2BR,1BA | $1.95 |
| Legacy | 2x1 | 2BR,1BA | $1.78 |
| Nicole Apartments | Flat | 1BR,1BA | $1.74 |
| McKinley Tower Apartments | NE Corner - high floor! | 1BR,1BA | $1.92 |
| Chester Park Estate | 1BD/1BA- Floorplan A | 1BR,1BA | $1.83 |
| The Mallary | 1 Bed | 1BR,1BA | $1.94 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleDowntown Anchorage, Anchorage, AK
Ranked #41
Among neighborhoods in Anchorage, AK for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown Anchorage, Anchorage, AK
Central Middle School Of Science
Anchorage School District
Public School - Grades 7-8 (371)
2 out of 10
School data provided by Great Schools
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 $1,250.
What is the price of a cheap apartment in Downtown Anchorage?
The cheapest apartment in Downtown Anchorage is Panoramic View which is listed at $1,075, while the average apartment in Downtown Anchorage costs $2,050.
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 15 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 $1,144 which is $906 cheaper than the average rent for all rentals in Downtown Anchorage.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.