
Cheap Homes for Rent in Government Hill Neighborhood of Anchorage, AK from $1,200 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Government Hill area of Anchorage.


618 Gambell St, Unit 23

618 Gambell St, Unit 33

618 Gambell St, Unit 11
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

1238 G St

1337 Hyder St

1526 Medfra St

1631 Eastridge Dr, Unit Apt 302
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.
Government Hill, Anchorage, AK Local Guide

How much does it cost to rent a home in Government Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Government Hill 2 Bedroom Homes for Rent | $2,353 | $1,725 | $3,200 |
| Government Hill 3 Bedroom Homes for Rent | $2,766 | $2,500 | $3,000 |
Browse Homes for Rent 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
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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 Loussac Sogn priced from $700. Merrill Crossing has the second lowest priced unit, which is a Studio apartment currently listed from $900. 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 |
| Merrill Crossing | Studio | Studio,1BA | $900 |
| Panoramic View | Studio | Studio,1BA | $975 |
Best Value Apartments for Rent in Government Hill, AK
As of April 28, 2026 the best value apartment in the Government Hill area is the $1.60 price per square foot 1009 E 9th Ave Model at 1009 E 9th Ave, Unit B in the in the Government Hill neighborhood starting from $1,600. The second greatest value Government Hill apartment is the 3 bed / 1 bath Model at 1101 Eagle St starting at $1,550 with a $1.59 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. |
|---|---|---|---|
| 1009 E 9th Ave, Unit B | 1009 E 9th Ave | 2BR,1BA | $1.60 |
| 1101 Eagle St | 3 bed / 1 bath | 3BR,1BA | $1.59 |
| Town Square Manor Apartments | 2x2 924 | 2BR,2BA | $1.94 |
| Chester Park Estate | 2BD/1BA- Floorplan B | 2BR,1BA | $1.74 |
| 1024 E 12th Ave, Unit unit 4 | 1024 E 12th Ave | 2BR,1BA | $2.04 |
| The Alaskan | Two Bedroom | 2BR,1BA | $2.24 |
| Taiga | One Bedroom | 1BR,1BA | $2.03 |
| Park Plaza | One Bedroom | 1BR,1BA | $2.05 |
| Panoramic View | Studio | Studio ,1BA | $2.17 |
| Merrill Crossing | Studio | Studio ,1BA | $2.09 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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
Frequently Asked Questions about Government Hill
What type of rentals are currently available in Government Hill?
There are currently 178 Apartments for Rent in Government Hill, AK with pricing that ranges from $700 to $5,000. There are also 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in Government Hill ranging from $1,200 to $3,200.
What is the current price range for Rental Homes in Government Hill?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Government Hill ranges from $1,200 to $3,200 with an average monthly rent of $2,204.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.