Cheap Homes for Rent in Downtown Neighborhood of Anchorage, AK from $1,300 (11 Rentals)

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

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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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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property at 310 E 11th Ave

310 E 11th Ave

AnchorageAK99501
Showing Results 1-11, Page 1 of 1

Downtown, Anchorage, AK Local Guide

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. 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 ListingModel NameBed/BathPriced From
Panoramic ViewStudioStudio,1BA$925
Merrill CrossingStudioStudio,1BA$950
McKinley Tower ApartmentsUnit J StudioStudio,1BA$1,010
The Outlook ApartmentsStudio ApartmentStudio,1BA$1,120
Northwind Apartments2nd floor StudioStudio,1BA$1,125

Best Value Apartments for Rent in Downtown, AK

As of December 09, 2025 the best value apartment in the Downtown area is the $1.41 price per square foot 2B/2B Model at Mariners View in the in the Government Hill neighborhood starting from $2,000. The second greatest value Downtown apartment is the 1410 Juneau St Model at 1410 Juneau St, Unit 4 starting at $1,850 with a $1.80 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Mariners View2B/2B2BR,2BA$1.41
1410 Juneau St, Unit 41410 Juneau St2BR,1BA$1.80
Downtown ClassicsA Lower Left2BR,1BA$1.60
222 W 13th Ave, Unit 3222 W 13th Ave2BR,1BA$2.20
Northwind Apartments2nd Floor 1 bedroom1BR,1BA$1.79
Century Plaza1x11BR,1BA$2.45
City View1x11BR,1BA$2.45
The Outlook ApartmentsStudio ApartmentStudio ,1BA$2.39
Panoramic ViewStudioStudio ,1BA$2.06
Merrill CrossingStudioStudio ,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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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.

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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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Pet Friendly Lifestyle
Downtown, Anchorage, AK

Ranked #26

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Downtown

What type of rentals are currently available in Downtown?

There are currently 151 Apartments for Rent in Downtown, AK with pricing that ranges from $925 to $5,909. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $1,300 to $2,600.

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 $1,300 to $2,600 with an average monthly rent of $2,088.

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

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.