
Cheap Homes for Rent in Downtown Anchorage Neighborhood of Anchorage, AK from $1,100 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Anchorage area of Anchorage.


4407 Spenard Rd

3100 Ward Pl

3350 Boniface Pkwy

3230 Boniface Pkwy

618 Gambell St
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.

618 Gambell St

533 Mumford St

3105 W 33rd Ave

3103 W 33rd Ave

825 N Park St

3103 Eide St
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.

627 N Klevin St
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 | $2,003 | $1,350 | $3,200 |
| Downtown Anchorage 3 Bedroom Homes for Rent | $2,657 | $2,150 | $3,200 |
| Downtown Anchorage 4 Bedroom Homes for Rent | $3,550 | $3,200 | $3,900 |
Browse Homes for Rent in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Downtown Anchorage Neighborhood of Anchorage, AK.
Explore Anchorage
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 $975. 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 | $975 |
| Country Lane | Studio | Studio,1BA | $1,025 |
| Castle | Studio X small | Studio,1BA | $1,100 |
| Arbor Pointe | Studio | Studio,1BA | $1,130 |
| Northwind Apartments | Studio 3rd floor | Studio,1BA | $1,145 |
Best Value Apartments for Rent in Downtown Anchorage, AK
As of March 19, 2026 the best value apartment in the Downtown Anchorage area is the $1.90 price per square foot 2x2 Model at Admirals Cove in the in the Downtown Anchorage neighborhood starting from $2,095. The second greatest value Downtown Anchorage apartment is the 8000 E 10th Ave Model at 8000 E 10th Ave, Unit C starting at $1,650 with a $1.56 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. |
|---|---|---|---|
| Admirals Cove | 2x2 | 2BR,2BA | $1.90 |
| 8000 E 10th Ave, Unit C | 8000 E 10th Ave | 3BR,1BA | $1.56 |
| The Glen | Two Bedroom | 2BR,1BA | $1.85 |
| Arctic Sun | 2x1 900 | 2BR,1BA | $1.76 |
| Town Square Manor Apartments | 2x2 924 | 2BR,2BA | $1.94 |
| The Mallary | 2 Bed | 2BR,1BA | $1.75 |
| Quiet Creek | One bedroom | 1BR,1BA | $1.90 |
| Tudor Park Apartments | 1 bedroom bottom | 1BR,1BA | $1.81 |
| Chester Park Estate | 1BD/1BA- Floorplan A | 1BR,1BA | $1.83 |
| Northwind Apartments | Studio 3rd floor | Studio ,1BA | $1.76 |
Frequently Asked Questions about Downtown Anchorage
What type of rentals are currently available in Downtown Anchorage?
There are currently 492 Apartments for Rent in Downtown Anchorage, AK with pricing that ranges from $600 to $5,450. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Anchorage ranging from $1,150 to $3,900.
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 $1,150 to $3,900 with an average monthly rent of $2,322.
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

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.

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.