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Cheap Apartments for Rent in the Government Hill Neighborhood of Anchorage, AK from $700 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in the Government Hill area of Anchorage.
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$950 - $1,250Studio to 2 Bedroom Apartments Available Now
Merrill Crossing
1275 E 9th AveAnchorage, AK 99501
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$970 - $1,290Studio to 2 Bedroom Apartments Available Now
Panoramic View
787 Elm StAnchorage, AK 99501
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$1,025 - $1,450Studio to 1 Bedroom Apartments Available Now
McKinley Tower Apartments
337 E 4th AveAnchorage, AK 99501
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$1,125 - $1,250Studio to 1 Bedroom Apartments Available Now
Northwind Apartments
524 E 11th AveAnchorage, AK 99501
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$1,225 - $2,0501 to 4 Bedroom Apartments Available Now
Chester Park Estate
1019 E 20th AveAnchorage, AK 99501
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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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.
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Cash 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.
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Showing Results 1-22, Page 1 of 1
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 | $1,488 | $900 | $2,025 |
| Government Hill 1 Bedroom Apartments | $1,614 | $1,050 | $3,508 |
| Government Hill 2 Bedroom Apartments | $2,036 | $1,235 | $4,166 |
| Government Hill 3 Bedroom Apartments | $1,843 | $1,650 | $2,100 |
| Government Hill 4 Bedroom Apartments | $2,050 | $2,050 | $2,050 |
Browse Apartments in this Neighborhood
There are currently 22 rentals with your search options within a 2 mile radius of the Government Hill Neighborhood of Anchorage, AK.
See all Apartments in AnchorageExplore Anchorage
Government Hill, Anchorage, AK Local Guide
- Nearby Anchorage neighborhoods
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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 $865. 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 |
|---|---|---|---|
| The Adelaide | Studio | Studio,1BA | $865 |
| Merrill Crossing | Studio | Studio,1BA | $950 |
| Panoramic View | Studio | Studio,1BA | $970 |
| Northwind Apartments | 2nd floor Studio | Studio,1BA | $1,125 |
| Chester Park Estate | 1BD/1BA- Floorplan A | 1BR,1BA | $1,225 |
Best Value Apartments for Rent in Government Hill, AK
As of December 22, 2025 the best value apartment in the Government Hill area is the $1.41 price per square foot 2B/2B Model at Mariners View in the in the Government Hill neighborhood starting from $2,000. The second greatest value Government Hill apartment is the 1410 Juneau St Model at 1410 Juneau St, Unit 4 starting at $1,850 with a $1.80 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 | $1.41 |
| 1410 Juneau St, Unit 4 | 1410 Juneau St | 2BR,1BA | $1.80 |
| Century Plaza | 2x2 | 2BR,2BA | $2.10 |
| The Glen | Two Bedroom | 2BR,1BA | $1.74 |
| Town Square Manor Apartments | 2x2 924 | 2BR,2BA | $1.92 |
| 1024 E 12th Ave, Unit 1024 E 12 ave unit 4 | 1024 E 12th Ave | 2BR,1BA | $1.98 |
| The Outlook Apartments | 2 Bedroom Apartment | 2BR,1BA | $2.14 |
| Chester Park Estate | 1BD/1BA- Floorplan A | 1BR,1BA | $1.83 |
| Northwind Apartments | 2nd floor Studio | Studio ,1BA | $1.73 |
| Park Plaza | One Bedroom | 1BR,1BA | $2.01 |
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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The 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.
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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.
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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!
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 $1,545.
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 $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 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
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
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
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.