
Cheap Homes for Rent in Downtown Anchorage Neighborhood of Anchorage, AK from $1,000 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Anchorage area of Anchorage.


1301 Medfra St

5439 E 32nd Ave

7531 Peck Ave

261 McCarrey St

820 Hollywood Dr

5419 E 42nd Ave

350 Flower St
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Downtown Anchorage, Anchorage, AK Local Guide

How much does it cost to rent a home in Downtown Anchorage?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Anchorage 2 Bedroom Homes for Rent | $2,155 | $1,400 | $3,300 |
Downtown Anchorage 3 Bedroom Homes for Rent | $2,333 | $1,400 | $3,600 |
Downtown Anchorage 4 Bedroom Homes for Rent | $3,800 | $3,800 | $3,800 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Downtown Anchorage Neighborhood of Anchorage, AK.
Explore Anchorage
Downtown Anchorage, Anchorage, AK Local Guide
- Nearby Anchorage neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Downtown Anchorage Apartments for Rent
 The cheapest available apartment rental in the Downtown Anchorage 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 Downtown Anchorage 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 | Deluxe 1 Bedroom | 1BR,1BA | $1,075 |
Best Value Apartments for Rent in Downtown Anchorage, AK
As of April 29, 2025 the best value apartment in the Downtown Anchorage 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 Downtown Anchorage apartment is the 1410 W 27th Ave Model at 1410 W 27th Ave, Unit 3 starting at $1,595 with a $1.33 price per square foot in the Spenard neighborhood. Here is today’s list of the best values for Downtown Anchorage 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 |
1410 W 27th Ave, Unit 3 | 1410 W 27th Ave | 3BR,1BA | $1.33 |
8001 E 3rd Ave, Unit 2 | 8001 E 3rd Ave | 3BR,1BA | $1.58 |
525 N Flower St, Unit A | 525 N Flower St | 2BR,1BA | $1.23 |
Brighton Park | 3x2 | 3BR,2BA | $1.81 |
Legacy | 2x1 | 2BR,1BA | $1.78 |
Tudor Park Apartments | 1 bd 3rd floor | 1BR,1BA | $1.67 |
Nicole Apartments | Flat | 1BR,1BA | $1.74 |
Northwind Apartments | 3rd Floor 1 bedroom | 1BR,1BA | $1.69 |
Panoramic View | Deluxe 1 Bedroom | 1BR,1BA | $1.81 |
Quick 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.
Frequently Asked Questions about Downtown Anchorage
What type of rentals are currently available in Downtown Anchorage?
There are currently 480 Apartments for Rent in Downtown Anchorage, AK with pricing that ranges from $700 to $3,230. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Anchorage ranging from $1,075 to $3,800.
What is the current price range for Rental Homes in Downtown Anchorage?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Anchorage ranges from $1,075 to $3,800 with an average monthly rent of $2,405.
How much are larger Three and Four Bedroom Rentals in Downtown Anchorage?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Anchorage range from $1,500 to $2,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $3,600. Four Bedroom Single-Family rentals are also available starting from $3,800 and Four Bedroom Apartments start at $2,050.
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.