
Cheap Apartments for Rent in the Government Hill Neighborhood of Anchorage, AK from $600 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Government Hill area of Anchorage.


Panoramic View

Northwind Apartments

North Pointe Apartments

Loussac Place Apartments
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.

Mountain View Apartments

Milepost O Apartments

The Adelaide

Gill Oscar House

The Outlook Apartments
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.
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 | $1,703 | $975 | $2,125 |
| Government Hill 1 Bedroom Apartments | $1,816 | $600 | $3,964 |
| Government Hill 2 Bedroom Apartments | $2,645 | $1,250 | $4,910 |
| Government Hill 3 Bedroom Apartments | $2,000 | $1,800 | $2,200 |
Browse Apartments in this Neighborhood
There are currently 10 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 The Adelaide priced from $917. Panoramic View has the second lowest priced unit, which is a Studio apartment currently listed from $975. Here are the most affordable Government Hill apartments for rent in Anchorage, AK:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Adelaide | Studio | Studio,1BA | $917 |
| Panoramic View | Studio | Studio,1BA | $975 |
| Northwind Apartments | Studio 3rd floor | Studio,1BA | $1,145 |
Best Value Apartments for Rent in Government Hill, AK
As of February 26, 2026 the best value apartment in the Government Hill area is the $2.20 price per square foot 222 W 13th Ave Model at 222 W 13th Ave in the in the Government Hill neighborhood starting from $2,195. The second greatest value Government Hill apartment is the 2x2 924 Model at Town Square Manor Apartments starting at $1,725 with a $1.92 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. |
|---|---|---|---|
| 222 W 13th Ave | 222 W 13th Ave | 2BR,1BA | $2.20 |
| Town Square Manor Apartments | 2x2 924 | 2BR,2BA | $1.92 |
| The Alaskan | Two Bedroom | 2BR,1BA | $2.24 |
| The Outlook Apartments | 2 Bedroom Apartment | 2BR,1BA | $2.00 |
| Taiga | One Bedroom | 1BR,1BA | $2.03 |
| Chester Park Estate | 1BD/1BA- Floorplan A | 1BR,1BA | $1.83 |
| Northwind Apartments | Studio 3rd floor | Studio ,1BA | $1.76 |
| Park Plaza | One Bedroom | 1BR,1BA | $2.02 |
| Susitna Ridge | 1 BR | 1BR,1BA | $2.41 |
| 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.
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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 #33
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 $1,440.
What is the price of a cheap apartment in Government Hill?
The cheapest apartment in Government Hill is Panoramic View which is listed at $1,100, 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 5 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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.