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Cheap Apartments for Rent in the Government Hill Neighborhood of Anchorage, AK from $700 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Government Hill area of Anchorage.
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$925 - $1,290Studio to 2 Bedroom Apartments Available Now
Panoramic View
787 Elm StAnchorage, AK 99501
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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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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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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 | $1,487 | $700 | $2,025 |
| Government Hill 1 Bedroom Apartments | $1,505 | $1,050 | $2,450 |
| Government Hill 2 Bedroom Apartments | $1,674 | $1,175 | $3,200 |
| Government Hill 3 Bedroom Apartments | $1,800 | $1,800 | $1,800 |
| Government Hill 4 Bedroom Apartments | $2,050 | $2,050 | $2,050 |
Browse Apartments in this Neighborhood
There are currently 8 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
- Nearby Anchorage neighborhoods
- Nearby Cities
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- Local Counties
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 Loussac Sogn priced from $700. The Adelaide has the second lowest priced unit, which is a Studio apartment currently listed from $917. Here are the most affordable Government Hill apartments for rent in Anchorage, AK:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Loussac Sogn | Studio 1 | Studio,1BA | $700 |
| The Adelaide | Studio | Studio,1BA | $917 |
| Panoramic View | Studio | Studio,1BA | $925 |
Best Value Apartments for Rent in Government Hill, AK
As of September 27, 2025 the best value apartment in the Government Hill 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 Government Hill 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 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 | $1.48 |
| 540 Eyak Dr, Unit 2A | 540 Eyak Dr | 2BR,1BA | $2.00 |
| 1040 E 11th Ave, Unit #3 | 1040 E 11th Ave | 2BR,1BA | $3.37 |
| Taiga | One Bedroom | 1BR,1BA | $2.03 |
| Merrill Crossing | 2 Beds | 2BR,1BA | $1.74 |
| Chester Park Estate | 1BD/1BA- Floorplan A | 1BR,1BA | $1.83 |
| Northwind Apartments | 2nd floor Studio | Studio ,1BA | $1.73 |
| The Outlook Apartments | 1 Bedroom Apartment | 1BR,1BA | $2.13 |
| Susitna Ridge | Studio | Studio ,1BA | $2.49 |
| Panoramic View | Studio | Studio ,1BA | $2.06 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleGovernment Hill, Anchorage, AK
Ranked #32
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!
Getting Around the Government Hill Neighborhood in Anchorage, AK
Walk Score®
26 / 100
Car-Dependent
Most errands require a car
Bike Score®
55 / 100
Bikeable
Some bike infrastructure
Transit Score®
31 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,400.
What is the price of a cheap apartment in Government Hill?
The cheapest apartment in Government Hill is Panoramic View which is listed at $1,050, while the average apartment in Government Hill costs $2,050.
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 8 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
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.
Kansas Citys Major Employers & the Best Places to Rent Near Them | A Local Expert Guide
Written by: Amber Kanuckel
Hey, there! I’m Amber, your ApartmentHomeLiving.com local expert for Kansas City, and I’m back with my recommendations for top employers in the area.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.
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.