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Cheap Apartments for Rent in the Downtown Neighborhood of Anchorage, AK from $700 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown area of Anchorage.
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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.
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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.
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Downtown, Anchorage, AK Local Guide
How much does it cost to rent an apartment in Downtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Studio Apartments | $1,569 | $700 | $2,025 |
| Downtown 1 Bedroom Apartments | $1,801 | $1,250 | $2,450 |
| Downtown 2 Bedroom Apartments | $1,801 | $1,175 | $3,200 |
Browse Apartments in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Anchorage, AK.
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Downtown, Anchorage, AK Local Guide
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Cheapest Available Downtown Apartments for Rent
The cheapest available apartment rental in the Downtown area of Anchorage, AK is a Studio unit found at Loussac Sogn priced from $700. The Adelaide has the second lowest priced unit, which is a Studio apartment currently listed from $917. Here are the most affordable Downtown apartments for rent in Anchorage, AK:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Loussac Sogn | Studio 1 | Studio,1BA | $700 |
| The Adelaide | Studio | Studio,1BA | $917 |
| Panoramic View | Studio | Studio,1BA | $925 |
Best Value Apartments for Rent in Downtown, AK
As of June 20, 2025 the best value apartment in the Downtown area is the $2.85 price per square foot 125 Christensen Dr Model at 125 Christensen Dr, Unit 125 in the in the Government Hill neighborhood starting from $2,850. The second greatest value Downtown apartment is the 101 Christensen Dr Model at 101 Christensen Dr, Unit Downtown Anchorage starting at $2,000 with a $2.00 price per square foot in the Government Hill neighborhood. Here is today’s list of the best values for Downtown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 125 Christensen Dr, Unit 125 | 125 Christensen Dr | 2BR,1BA | $2.85 |
| 101 Christensen Dr, Unit Downtown Anchorage | 101 Christensen Dr | 2BR,1BA | $2.00 |
| 1040 E 11th Ave, Unit #3 | 1040 E 11th Ave | 2BR,1BA | $3.37 |
| Kings Court | One Bedroom One Bath | 1BR,1BA | $1.70 |
| Century Plaza | 1x1 | 1BR,1BA | $2.56 |
| 1027 Juneau St, Unit 1027 | 1027 Juneau St | 2BR,1BA | $2.54 |
| The Outlook Apartments | 1 Bedroom Apartment | 1BR,1BA | $2.19 |
| Panoramic View | Studio | Studio ,1BA | $2.06 |
| City View | Studio | Studio ,1BA | $3.51 |
| Loussac Sogn | Studio 1 | Studio ,1BA | $3.55 |
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Pet Friendly LifestyleDowntown, Anchorage, AK
Ranked #33
Among neighborhoods in Anchorage, AK for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Downtown Apartments
What is the lowest price for a Cheap Two Bedroom Downtown Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown is starting from $1,390 at Kings Court.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
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.