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$6001 Bedroom Apartments Available Now
612 E 14th Ave
612 E 14th AveAnchorage, AK 99501
Cheap Apartments for Rent in the Downtown Neighborhood of Anchorage, AK from $600 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown area of Anchorage.
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$925 - $1,235Studio to 2 Bedroom Apartments Available Now
Panoramic View
787 Elm StAnchorage, AK 99501
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$1,050 - $1,475Studio to 1 Bedroom Apartments Available Now
McKinley Tower Apartments
337 E 4th AveAnchorage, AK 99501
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$1,125 - $1,250Studio to 1 Bedroom Apartments Available Now
Northwind Apartments
524 E 11th AveAnchorage, AK 99501
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.
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Studio to 3 Bedroom Apartments
North Pointe Apartments
905 Richardson Vista RdAnchorage, AK 99501
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1 Bedroom Apartments
Milepost O Apartments
618 Gambell StAnchorage, AK 99501
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1 Bedroom Apartments
Gill Oscar House
1344 W 10th AveAnchorage, AK 99501
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Studio to 2 Bedroom Apartments
The Outlook Apartments
234 E 15th AveAnchorage, AK 99501
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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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 | $1,630 | $925 | $2,125 |
| Downtown 1 Bedroom Apartments | $1,845 | $600 | $4,518 |
| Downtown 2 Bedroom Apartments | $2,636 | $1,235 | $5,285 |
Browse Apartments in this Neighborhood
There are currently 8 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
- Nearby Anchorage neighborhoods
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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 Panoramic View priced from $925. McKinley Tower Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. Here are the most affordable Downtown apartments for rent in Anchorage, AK:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Panoramic View | Studio | Studio,1BA | $925 |
| McKinley Tower Apartments | Unit B Studio | Studio,1BA | $1,050 |
| Northwind Apartments | 2nd floor Studio | Studio,1BA | $1,125 |
Best Value Apartments for Rent in Downtown, AK
As of January 25, 2026 the best value apartment in the Downtown area is the $2.10 price per square foot 2x2 Model at Century Plaza in the in the Government Hill neighborhood starting from $2,095. The second greatest value Downtown apartment is the 222 W 13th Ave Model at 222 W 13th Ave, Unit 3 starting at $2,195 with a $2.20 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. |
|---|---|---|---|
| Century Plaza | 2x2 | 2BR,2BA | $2.10 |
| 222 W 13th Ave, Unit 3 | 222 W 13th Ave | 2BR,1BA | $2.20 |
| Kings Court | Two Bedroom One Bath | 2BR,1BA | $1.66 |
| Hillcrest Apartments | 2 bed bottom floor | 2BR,1BA | $1.54 |
| The Outlook Apartments | 2 Bedroom Apartment | 2BR,1BA | $2.18 |
| 1521 G St, Unit C | 1521 G St | 1BR,1BA | $2.08 |
| Northwind Apartments | 2nd floor Studio | Studio ,1BA | $1.73 |
| Park Plaza | One Bedroom | 1BR,1BA | $2.01 |
| Susitna Ridge | Studio | Studio ,1BA | $2.49 |
| Panoramic View | Studio | Studio ,1BA | $2.06 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Pet Friendly LifestyleDowntown, Anchorage, AK
Ranked #31
Among cities in Alaska for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Downtown Apartments
What is the Cheapest Studio apartment in Downtown?
Currently the most affordable Cheap Studio Apartment in Downtown is at Panoramic View listed at $925.
How much is rent for a Cheap One Bedroom Downtown Apartment?
The lowest price for a Cheap One Bedroom Downtown Apartment is $1,050 at Panoramic View.
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 $1,235 at Panoramic View.
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
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.