
Cheap Apartments for Rent in the Government Hill Neighborhood of Anchorage, AK from $700 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in the Government Hill area of Anchorage.


Total Monthly Price
North Pointe Apartments

Merrill Crossing

Panoramic View

City View

Chester Park Estate

Susitna Ridge

Northwind Apartments
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618 Gambell St, Unit 23

618 Gambell St, Unit 32

618 Gambell St, Unit 31

1441 E 12th Ave

McKinley Tower Apartments

1101 Eagle St

Loussac Place Apartments

Mountain View Apartments
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The Adelaide

Gill Oscar House

The Alaskan

Park Plaza

The Outlook Apartments

Hillcrest Apartments

Taiga

827 E 11th Ave
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3162 Tarwater Ave

Century Plaza

Kings Court

1515 Nelchina St

516 E 10th Ave

Downtown Classics

505 W 2nd Ave

The Glen
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Government Hill, Anchorage, AK Local Guide

How much does it cost to rent an apartment in Government Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Government Hill Studio Apartments | $1,484 | $700 | $2,175 |
| Government Hill 1 Bedroom Apartments | $1,746 | $1,000 | $4,740 |
| Government Hill 2 Bedroom Apartments | $2,475 | $1,250 | $5,465 |
| Government Hill 3 Bedroom Apartments | $1,800 | $1,800 | $1,800 |
Browse Apartments in this Neighborhood
There are currently 32 rentals with your search options within a 2 mile radius of the Government Hill Neighborhood of Anchorage, AK.
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Government Hill, Anchorage, AK Local Guide
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Cheapest Available Government Hill Apartments for Rent
 The cheapest available apartment rental in the Government Hill 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 Government Hill 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 |
| Panoramic View | Studio | Studio,1BA | $975 |
| The Adelaide | Studio | Studio,1BA | $1,062 |
| Chester Park Estate | 1BD/1BA- Floorplan A | 1BR,1BA | $1,225 |
| The Outlook Apartments | 1 Bedroom Apartment | 1BR,1BA | $1,310 |
| Taiga | One Bedroom | 1BR,1BA | $1,350 |
| 827 E 11th Ave | 2 Beds, 1 Baths | 2BR,1BA | $1,350 |
| Susitna Ridge | 2 BR x 1 BA | 2BR,1BA | $1,350 |
| City View | 1x1 | 1BR,1BA | $1,395 |
Best Value Apartments for Rent in Government Hill, AK
As of July 13, 2026 the best value apartment in the Government Hill 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 Government Hill apartment is the 726 O Pl Model at 726 O Pl, Unit 104 starting at $2,600 with a $1.88 price per square foot in the Government Hill neighborhood. Here is today’s list of the best values for Government Hill 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 |
| 726 O Pl, Unit 104 | 726 O Pl | 2BR,2BA | $1.88 |
| 1101 Eagle St | 3 bed / 1 bath | 3BR,1BA | $1.69 |
| 1515 Nelchina St | 2 Beds, 1 Baths | 2BR,1BA | $1.67 |
| Kings Court | Two Bedroom One Bath | 2BR,1BA | $1.67 |
| 827 E 11th Ave | 2 Beds, 1 Baths | 2BR,1BA | $1.50 |
| Taiga | One Bedroom | 1BR,1BA | $1.96 |
| Susitna Ridge | 2 BR x 1 BA | 2BR,1BA | $1.99 |
| Chester Park Estate | 1BD/1BA- Floorplan A | 1BR,1BA | $1.83 |
| Panoramic View | Studio | Studio ,1BA | $2.17 |
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 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.
Read ArticleQuick 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.
Pet Friendly LifestyleGovernment Hill, Anchorage, AK
Ranked #38
Among cities in Alaska for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, including Anchorage. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and easy access to the parks, pet-friendly features, features that make it easier to raise kids, proximity to transit, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Government Hill Apartments
What is a cheap apartment in Government Hill?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Government Hill is under $1,395.
What is the price of a cheap apartment in Government Hill?
The cheapest apartment in Government Hill is Merrill Crossing which is listed at $1,000, while the average apartment in Government Hill costs $5,000.
What types of apartments are the cheapest in Government Hill?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3 regular apartments in Government Hill that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.