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$700Studio Apartments Available Now
Loussac Sogn
345 W 5th AveAnchorage, AK 99501
Cheap Apartments for Rent in the Downtown Neighborhood of Anchorage, AK from $700 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown area of Anchorage.
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$7001 Bedroom Apartments Available Now
612 E 14th Ave, Unit 07
612 E 14th AveAnchorage, AK 99501
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$7501 Bedroom Apartments Available Now
612 E 14th Ave, Unit 30
612 E 14th AveAnchorage, AK 99501
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$900 - $1,100Studio to 2 Bedroom Apartments Available Now
Merrill Crossing
1275 E 9th AveAnchorage, AK 99501
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$925 - $1,250Studio to 2 Bedroom Apartments Available Now
Panoramic View
787 Elm StAnchorage, AK 99501
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$950 - $1,175
Total Monthly Price
Base Rent$950 - $1,175
Total Monthly Price$950 - $1,175
North Pointe Apartments
905 Richardson Vista RdAnchorage, AK 99501
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$1,050 - $1,100Studio Apartments Available Sep 11
McKinley Tower Apartments
337 E 4th AveAnchorage, AK 99501
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$1,145 - $1,480Studio to 2 Bedroom Apartments Available Now
City View
230 W 14th AveAnchorage, AK 99501
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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$1,265 - $1,460Studio to 2 Bedroom Apartments Available Now
Susitna Ridge
1601 Medfra StAnchorage, AK 99501
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$1,325 - $1,3501 Bedroom Apartments Contact Us For Availability
Northwind Apartments
524 E 11th AveAnchorage, AK 99501
1025 E 10th Ave
AnchorageAK99501
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$1,4751 Bedroom Apartments Available Now
523 E 12th Ave, Unit Studio
523 E 12th AveAnchorage, AK 99501
1555 Latouche St
AnchorageAK99501
1618 E St
AnchorageAK99501
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$1,600 - $1,6852 Bedroom Apartment Available Now
1024 E 12th Ave
1024 E 12th AveAnchorage, AK 99501
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$1,650 - $1,8003 Bedroom Apartments Available Sep 10
1101 Eagle St
1101 Eagle StAnchorage, AK 99501
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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$1,750 - $2,600Studio to 1 Bedroom Apartments Available Oct 8
Block 96
1000 W 8th AveAnchorage, AK 99501
1208 Denali St
AnchorageAK99501
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$1,795
Total Monthly Price
Base Rent$1,795
Total Monthly Price$1,795
818 E 10th Ave, Unit 3
818 E 10th AveAnchorage, AK 99501
1225 Karluk St
AnchorageAK99501
540 Eyak Dr
AnchorageAK99501
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$2,275 - $3,2002 Bedroom Apartment Available Now
1040 E 11th Ave
1040 E 11th AveAnchorage, AK 99501
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$2,295 - $2,395
Total Monthly Price
Base Rent$2,295 - $2,395
Total Monthly Price$2,295 - $2,395
222 W 13th Ave
222 W 13th AveAnchorage, AK 99501
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1 Bedroom Apartments
Milepost O Apartments
618 Gambell StAnchorage, AK 99501
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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Studio to 1 Bedroom Apartments
1335 Hyder Street
1335 Hyder StAnchorage, AK 99501
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Studio to 1 Bedroom Apartments
The Adelaide
201 E 9th AveAnchorage, 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 Alaskan
102-110 E 11th AveAnchorage, AK 99501
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Studio to 2 Bedroom Apartments
Park Plaza
201 E 16th AveAnchorage, AK 99501
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Studio to 2 Bedroom Apartments
The Outlook Apartments
234 E 15th AveAnchorage, AK 99501
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2 Bedroom Apartments
Hillcrest Apartments
515 E 12th AveAnchorage, AK 99501
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2 Bedroom Apartments
827 E 11th Ave
827 E 11th AveAnchorage, AK 99501
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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Studio to 2 Bedroom Apartments
Century Plaza
124 E 3rd AveAnchorage, AK 99501
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1 to 2 Bedroom Apartments
1515 Nelchina St
1515 Nelchina StAnchorage, AK 99501
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1 Bedroom Apartments
505 W 2nd Ave
505 W 2nd AveAnchorage, AK 99501
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2 Bedroom Apartments
Downtown Classics
1111 Barrow StAnchorage, AK 99501
1126 E 16th Ave
AnchorageAK99501
221 E 7th Ave
AnchorageAK99501
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Studio to 2 Bedroom Apartments
Park Plaza II
1553 A StAnchorage, AK 99501
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2 Bedroom Apartments
221-243 W 13th Avenue
227 W 13th 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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2 Bedroom Apartments
Mariners View
726 O PlAnchorage, AK 99501
310 E 11th Ave
AnchorageAK99501
Showing Results 1-42, Page 1 of 1
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 | $1,399 | $700 | $2,175 |
| Downtown 1 Bedroom Apartments | $1,443 | $700 | $2,600 |
| Downtown 2 Bedroom Apartments | $1,913 | $1,175 | $3,500 |
| Downtown 3 Bedroom Apartments | $1,800 | $1,800 | $1,800 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 42 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Anchorage, AK.
See all Apartments in AnchorageExplore Anchorage
Downtown, Anchorage, AK Local Guide
- Nearby Anchorage neighborhoods
- Nearby Cities
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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. Merrill Crossing has the second lowest priced unit, which is a Studio apartment currently listed from $900. 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 |
| Merrill Crossing | Studio | Studio,1BA | $900 |
| Panoramic View | Studio | Studio,1BA | $925 |
| North Pointe Apartments | 0 | Studio,1BA | $950 |
| The Adelaide | Studio | Studio,1BA | $1,062 |
| City View | Studio | Studio,1BA | $1,145 |
| The Alaskan | Studio | Studio,1BA | $1,150 |
| The Outlook Apartments | 1 Bedroom Apartment | 1BR,1BA | $1,330 |
| Susitna Ridge | 2 BR x 1 BA | 2BR,1BA | $1,440 |
Best Value Apartments for Rent in Downtown, AK
As of September 08, 2026 the best value apartment in the Downtown area is the $2.10 price per square foot 2BR/1.5BA Model at 221-243 W 13th Avenue in the in the Government Hill neighborhood starting from $2,100. The second greatest value Downtown apartment is the 2BR/1.0BA Model at Baker Apartments starting at $2,600 with a $2.74 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. |
|---|---|---|---|
| 221-243 W 13th Avenue | 2BR/1.5BA | 2BR,1.5BA | $2.10 |
| Baker Apartments | 2BR/1.0BA | 2BR,1BA | $2.74 |
| 1024 E 12th Ave | 1024 E 12th Ave | 2BR,1BA | $2.29 |
| Susitna Ridge | 2 BR x 1 BA | 2BR,1BA | $2.12 |
| The Outlook Apartments | 1 Bedroom Apartment | 1BR,1BA | $2.27 |
| Panoramic View | 1 Bed | 1BR,1BA | $2.11 |
| North Pointe Apartments | 1 | 1BR,1BA | $2.19 |
| Merrill Crossing | Studio | Studio ,1BA | $2.09 |
| The Alaskan | Studio | Studio ,1BA | $2.88 |
| City View | Studio | Studio ,1BA | $3.29 |
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.
Read Article
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Quick Rent Budget Calculator
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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Do you know the Downtown area?
If you’re an expert on all things Downtown, tell us what you love (and don't) by rating it and writing a review.
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Pet Friendly LifestyleDowntown, Anchorage, AK
Ranked #29
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 Loussac Sogn listed at $700.
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 North Pointe 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 $1,175 at North Pointe Apartments.
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
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.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
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.