
Cheap Homes for Rent in Downtown Anchorage Neighborhood of Anchorage, AK from $1,200 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Anchorage area of Anchorage.


3105 Lakeshore Dr, Unit B223

710 Dogwood St

7726 Duben Ave

355 Donna Dr, Unit #15
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.

3925 E 9th Ave

1605 Sitka St
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.

3310 Boniface Pky

3011 Lois Dr, Unit 109

3031 Lois Dr
Downtown Anchorage, Anchorage, AK Local Guide

How much does it cost to rent a home in Downtown Anchorage?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Anchorage 2 Bedroom Homes for Rent | $2,185 | $1,400 | $3,400 |
Downtown Anchorage 3 Bedroom Homes for Rent | $2,224 | $1,400 | $2,800 |
Downtown Anchorage 4 Bedroom Homes for Rent | $3,125 | $2,700 | $3,800 |
Browse Homes for Rent in this Neighborhood
There are currently 10 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
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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. College View has the second lowest priced unit, which is a Studio apartment currently listed from $1,099. 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 |
College View | Studio | Studio,1BA | $1,099 |
Merrill Crossing | 2 Beds | 2BR,1BA | $1,175 |
Best Value Apartments for Rent in Downtown Anchorage, AK
As of June 06, 2025 the best value apartment in the Downtown Anchorage area is the $1.33 price per square foot 1410 W 27th Ave Model at 1410 W 27th Ave, Unit 3 in the in the Spenard neighborhood starting from $1,595. The second greatest value Downtown Anchorage apartment is the 525 N Flower St Model at 525 N Flower St, Unit A starting at $1,350 with a $1.23 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. |
---|---|---|---|
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 | 3BR,2BA | $1.86 |
Stephens Park | 2 Bed | 2BR,1BA | $1.56 |
The Mallary | 2 Bed | 2BR,1BA | $1.75 |
Nicole Apartments | Flat | 1BR,1BA | $1.74 |
Kings Court | One Bedroom One Bath | 1BR,1BA | $1.70 |
McKinley Tower Apartments | NE Corner - high floor! | 1BR,1BA | $1.92 |
Merrill Crossing | 2 Beds | 2BR,1BA | $1.74 |
Chester Park Estate | 1BD/1BA- Floorplan A | 1BR,1BA | $1.83 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Downtown Anchorage
What type of rentals are currently available in Downtown Anchorage?
There are currently 472 Apartments for Rent in Downtown Anchorage, AK with pricing that ranges from $700 to $3,200. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Anchorage ranging from $1,400 to $3,800.
What is the current price range for Rental Homes in Downtown Anchorage?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Anchorage ranges from $1,400 to $3,800 with an average monthly rent of $2,325.
How much are larger Three and Four Bedroom Rentals in Downtown Anchorage?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Anchorage range from $1,500 to $2,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $2,800. Four Bedroom Single-Family rentals are also available starting from $2,700 and Four Bedroom Apartments start at $2,050.
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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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.