
Cheap Apartments for Rent in the Downtown Anchorage Neighborhood of Anchorage, AK from $700 (106 Rentals) Page 3 of 3
Search the lowest-cost Apartments available for rent right now in the Downtown Anchorage area of Anchorage.


5644 E 40th Ave

3925 E 9th Ave

1526 Medfra St

Aptel Studio Hotel

4670 Reka Dr
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 | $1,306 | $700 | $2,025 |
| Downtown Anchorage 1 Bedroom Apartments | $1,570 | $1,050 | $3,925 |
| Downtown Anchorage 2 Bedroom Apartments | $1,799 | $1,175 | $4,822 |
| Downtown Anchorage 3 Bedroom Apartments | $2,240 | $1,350 | $2,895 |
| Downtown Anchorage 4 Bedroom Apartments | $3,200 | $3,200 | $3,200 |
Browse Apartments in this Neighborhood
There are currently 106 rentals with your search options within a 2 mile radius of the Downtown Anchorage Neighborhood of Anchorage, AK.
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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 $1,182.
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 $1,050, 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 9 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 $115 which is $4,885 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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.