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$7001 Bedroom Apartments Available Now
612 E 14th Ave, Unit 07
612 E 14th AveAnchorage, AK 99501
Cheap Homes for Rent in the Downtown Neighborhood of Anchorage, AK from $1,500 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown area of Anchorage.
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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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$1,3001 Bedroom Apartments Available Now
618 Gambell St, Unit 23
618 Gambell StAnchorage, AK 99501
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$1,3501 Bedroom Apartments Available Now
618 Gambell St, Unit 32
618 Gambell StAnchorage, AK 99501
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$1,3501 Bedroom Apartments Available Now
618 Gambell St, Unit 31
618 Gambell StAnchorage, 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.
516 E 10th Ave
AnchorageAK99501
512 E 15th Ave
AnchorageAK99501
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$1,7502 Bedroom Apartments Available Now
1208 Denali St, Unit 4
1208 Denali StAnchorage, AK 99501
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$1,7501 Bedroom Apartments Available Now
523 E 12th Ave, Unit Studio
523 E 12th AveAnchorage, AK 99501
523 E 12th Ave
AnchorageAK99501
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.
1219 W 6th Ave
AnchorageAK99501
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Downtown, Anchorage, AK Local Guide
How much does it cost to rent a home in Downtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown 2 Bedroom Homes for Rent | $2,395 | $1,525 | $3,200 |
| Downtown 3 Bedroom Homes for Rent | $3,133 | $2,400 | $4,400 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 11 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 North Pointe Apartments priced from $950. Merrill Crossing has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here are the most affordable Downtown apartments for rent in Anchorage, AK:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| North Pointe Apartments | 0 | Studio,1BA | $950 |
| Merrill Crossing | Studio | Studio,1BA | $950 |
| The Adelaide | Studio | Studio,1BA | $1,062 |
| Panoramic View | 1 Bed | 1BR,1BA | $1,100 |
| City View | Studio | Studio,1BA | $1,170 |
Best Value Apartments for Rent in Downtown, AK
As of July 23, 2026 the best value apartment in the Downtown area is the $1.55 price per square foot 2B/2B Model at Mariners View in the in the Government Hill neighborhood starting from $2,200. The second greatest value Downtown apartment is the 2BR/2.0BA Model at Stringfellow 540 starting at $2,600 with a $2.48 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. |
|---|---|---|---|
| Mariners View | 2B/2B | 2BR,2BA | $1.55 |
| Stringfellow 540 | 2BR/2.0BA | 2BR,2BA | $2.48 |
| 1101 Eagle St | 3 bed / 1 bath | 3BR,1BA | $1.69 |
| Kings Court | Two Bedroom One Bath | 2BR,1BA | $1.67 |
| 827 E 11th Ave | 2 Beds, 1 Baths | 2BR,1BA | $1.50 |
| Susitna Ridge | 2 BR x 1 BA | 2BR,1BA | $2.10 |
| The Outlook Apartments | 1 Bedroom Apartment | 1BR,1BA | $2.24 |
| Panoramic View | 1 Bed | 1BR,1BA | $2.11 |
| North Pointe Apartments | 1 | 1BR,1BA | $2.19 |
| Merrill Crossing | Studio | Studio ,1BA | $2.21 |
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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Real 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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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 #32
Among cities in Alaska for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Downtown
What type of rentals are currently available in Downtown?
There are currently 148 Apartments for Rent in Downtown, AK with pricing that ranges from $700 to $5,000. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $1,525 to $4,400.
What is the current price range for Rental Homes in Downtown?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown ranges from $1,525 to $4,400 with an average monthly rent of $2,327.
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.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.