Cheap Homes for Rent in Downtown Neighborhood of Anchorage, AK from $1,300 (3 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.

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.

Downtown, Anchorage, AK Local Guide

Best Value Apartments for Rent in Downtown, AK

As of September 08, 2025 the best value apartment in the Downtown area is the $1.48 price per square foot 2B/2B Model at Mariners View in the in the Government Hill neighborhood starting from $2,100. The second greatest value Downtown apartment is the 540 Eyak Dr Model at 540 Eyak Dr, Unit 2A 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Mariners View2B/2B2BR,2BA$1.48
540 Eyak Dr, Unit 2A540 Eyak Dr2BR,1BA$2.00
1040 E 11th Ave, Unit #31040 E 11th Ave2BR,1BA$3.37
1032 E 12th Ave, Unit 11032 E 12th Ave3BR,1BA$2.30
Susitna Ridge2 BR x 1 BA2BR,1BA$2.06
Northwind Apartments2nd floor StudioStudio ,1BA$1.73
Panoramic View1 Bed1BR,1BA$2.01
Merrill CrossingStudioStudio ,1BA$2.09
Century PlazaStudioStudio ,1BA$3.68
Loussac SognStudio 1Studio ,1BA$3.55

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Downtown, Anchorage, AK

Ranked #28

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 148 Apartments for Rent in Downtown, AK with pricing that ranges from $700 to $3,200. There are also 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $1,350 to $3,750.

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 $1,350 to $3,750 with an average monthly rent of $2,110.

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.

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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.