Cheap Homes for Rent in Downtown Anchorage Neighborhood of Anchorage, AK from $1,100 (17 Rentals)

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

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Downtown Anchorage, Anchorage, AK Local Guide

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. Merrill Crossing has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here are the most affordable Downtown Anchorage apartments for rent in Anchorage, AK:

Apartment ListingModel NameBed/BathPriced From
Loussac SognStudio 1Studio,1BA$700
Merrill CrossingStudioStudio,1BA$900
The AdelaideStudioStudio,1BA$917
Panoramic View1 Bed1BR,1BA$1,050
CastleStudio X smallStudio,1BA$1,115

Best Value Apartments for Rent in Downtown Anchorage, AK

As of September 09, 2025 the best value apartment in the Downtown Anchorage area is the $1.48 price per square foot 2B/2B Model at Mariners View in the in the Government Hill neighborhood starting from $2,100. The second greatest value Downtown Anchorage apartment is the 3 Beds Model at Stephens Park starting at $1,875 with a $1.57 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Mariners View2B/2B2BR,2BA$1.48
Stephens Park3 Beds3BR,2BA$1.57
Brighton Park3x23BR,2BA$1.86
The GreenbriarTwo Bedroom2BR,1BA$1.60
Legacy2x12BR,1BA$1.82
The Mallary2 Bed2BR,1BA$1.59
AlpineOne Bedroom1BR,1BA$1.82
Nicole ApartmentsFlat1BR,1BA$1.74
Chester Park Estate1BD/1BA- Floorplan A1BR,1BA$1.83
Northwind Apartments2nd floor StudioStudio ,1BA$1.73

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Pet Friendly Lifestyle
Downtown Anchorage, Anchorage, AK

Ranked #41

Among cities in Alaska for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Downtown Anchorage, Anchorage, AK

School data provided by Great Schools

Frequently Asked Questions about Downtown Anchorage

What type of rentals are currently available in Downtown Anchorage?

There are currently 477 Apartments for Rent in Downtown Anchorage, AK with pricing that ranges from $700 to $3,200. There are also 76 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Anchorage ranging from $1,150 to $3,750.

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 $3,750 with an average monthly rent of $2,298.

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 $1,600 to $2,860, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,850 to $3,300. Four Bedroom Single-Family rentals are also available starting from $2,800 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.

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.