Cheap Homes for Rent in the Downtown Anchorage Neighborhood of Anchorage, AK from $1,100 (26 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown Anchorage area of Anchorage.

property at 1462 W 26th Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

1 Bedroom, 1 Bath Condo for Rent

Available Now

1462 W 26th Ave, Unit 19

1462 W 26th Ave
AnchorageAK99503

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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property at 516 E 10th Ave

$1,525

2 Bedroom Rentals

Available Aug 10

516 E 10th Ave

AnchorageAK99501

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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property at 4003 Garfield St

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550
Total Monthly Price
$1,550

1 Bedroom, 1 Bath Townhome for Rent

Available Now

4003 Garfield St, Unit Downstairs

4003 Garfield St
AnchorageAK99503

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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Showing Results 1-26, Page 1 of 1

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. Panoramic View has the second lowest priced unit, which is a Studio apartment currently listed from $925. Here are the most affordable Downtown Anchorage apartments for rent in Anchorage, AK:

Apartment ListingModel NameBed/BathPriced From
Loussac SognStudio 1Studio,1BA$700
Panoramic ViewStudioStudio,1BA$925
North Pointe Apartments0Studio,1BA$950
The AdelaideStudioStudio,1BA$1,062
Merrill Crossing1 Bed1BR,1BA$1,100
CastleStudio smallStudio,1BA$1,110
Arbor PointeStudioStudio,1BA$1,130
(44) West Midtown Village(44) West Midtown Village - 44-31...1BR,1BA$1,150
College ViewStudioStudio,1BA$1,155

Best Value Apartments for Rent in Downtown Anchorage, AK

As of August 04, 2026 the best value apartment in the Downtown Anchorage area is the $1.66 price per square foot 4000 Harrison St Model at 4000 Harrison St, Unit 2 in the in the Spenard neighborhood starting from $2,500. The second greatest value Downtown Anchorage apartment is the 2B/2B Model at Mariners View starting at $2,200 with a $1.55 price per square foot in the Government Hill neighborhood. Here is today’s list of the best values for Downtown Anchorage apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
4000 Harrison St, Unit 24000 Harrison St3BR,2BA$1.66
Mariners View2B/2B2BR,2BA$1.55
1101 Eagle St3 bed / 1 bath3BR,1BA$1.69
1515 Nelchina St2 Beds, 1 Baths2BR,1BA$1.72
Arctic Sun1x1 9001BR,1BA$1.59
827 E 11th Ave2 Beds, 1 Baths2BR,1BA$1.50
Checkmate Plaza2 Beds, 1 Baths2BR,1BA$1.78
Kings CourtTwo Bedroom One Bath2BR,1BA$1.67
Nicole ApartmentsFlat1BR,1BA$1.77
Northwind Apartments1 bedroom / 1st floor1BR,1BA$1.79

Frequently Asked Questions about Downtown Anchorage

What type of rentals are currently available in Downtown Anchorage?

There are currently 494 Apartments for Rent in Downtown Anchorage, AK with pricing that ranges from $700 to $5,416. There are also 74 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Anchorage ranging from $1,100 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 $1,100 to $3,800 with an average monthly rent of $2,178.

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

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

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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.