What is the average rent for a 1-bedroom apartment in Downtown Anchorage, Anchorage, AK?

One-bedroom apartments in Downtown Anchorage average around $1,600 per month in 2025. These units declined 6.4% from the previous year and typically measure around 539 sqft.

What is the average rent for a 2-bedroom apartment in Downtown Anchorage, Anchorage, AK?

Two-bedroom apartments in Downtown Anchorage average around $2,100 per month in 2025. Rent for these units dropped 16.1% from 2024, and they typically offer around 928 sqft of living space.

What is the average rent for a 3-bedroom apartment in Downtown Anchorage, Anchorage, AK?

Three-bedroom apartments in Downtown Anchorage average around $2,300 per month in 2025. These larger units fell 11.1% from the previous year and typically provide around 742 sqft of space.

How much does it cost to rent an apartment in Downtown Anchorage, Anchorage, AK?

Downtown Anchorage rental costs averaged around $1,800 per month across all property types in 2025, up 4.1% from 2024. Rent varies by timing, with August seeing the highest prices at about 11% above February rates.

What is the average apartment size in Downtown Anchorage, Anchorage, AK?

Apartments in Downtown Anchorage average around 596 sqft across all unit types. Studios are typically around 491 sqft, while larger two-bedroom units offer the most space at around 928 sqft.

What type of apartment is most common in Downtown Anchorage, Anchorage, AK?

One-bedroom apartments are the most common rental type in Downtown Anchorage, with about 14 listings available monthly. These units make up roughly half of the neighborhood's rental inventory.

What type of apartment is least common in Downtown Anchorage, Anchorage, AK?

Three-bedroom apartments have the lowest availability in Downtown Anchorage, with about 1 listing per month. Two-bedroom units are also relatively scarce, averaging about 4 listings monthly.

Cheap Apartments for Rent in Downtown Anchorage, Anchorage, AK

25 rentals available

5d+ ago

Cheap North Star apartment for rent in Anchorage

Affordable | In-unit laundry | On-site management

Studio

1 bath

$925

Apartment for rent

Available Jun 14

Top amenities

In-Unit Laundry

On-Site Management

905 Richardson Vista Rd #0 - Photo 1 of 1

3D tour

5d+ ago

Cheap apartment for rent in Anchorage

Affordable | On-site laundry | Garage parking

Studio

1 bath

$950

Apartment for rent

Available Apr 17

Top amenities

Dishwasher

On-Site Laundry

On-Site Management

Storage

4d ago

Cheap North Star apartment for rent in Anchorage

Affordable | On-site management | Furnished

1 bed

1 bath

$1,050

Apartment for rent

Available Jun 2

Top amenities

On-Site Management

5d+ ago

Cheap North Star apartment for rent in Anchorage

Affordable | In-unit laundry | On-site management

1 bed

1 bath

$1,050

Apartment for rent

Available Jun 14

Top amenities

In-Unit Laundry

On-Site Management

905 Richardson Vista Rd #1 - Photo 1 of 1

3D tour

5d+ ago

Cheap apartment for rent in Anchorage

Affordable | On-site laundry | Garage parking

1 bed

1 bath

$1,050

Apartment for rent

Available Apr 17

Top amenities

Dishwasher

On-Site Laundry

On-Site Management

Storage

5d+ ago

Cheap Downtown Anchorage apartment for rent in Anchorage

$1,125 - 1 Bedroom 1 Bathroom Apartment In Anchorage With Great Views!

630 W 8th Ave #207, Anchorage, AK 99501

Affordable | In-unit laundry | Assigned parking

1 bed

1 bath

$1,125

Apartment for rent

Available Jun 11

Top amenities

In-Unit Laundry

Nearby rental good for eco-living

$2,000

North Star

Nearby rental good for pet owners

$1,700

North Star

4d ago

Cheap North Star apartment for rent in Anchorage

802 E 10th Ave #10, Anchorage, AK 99501

Affordable

1 bed

1 bath

$1,225

Apartment for rent

Available Jan 9

5d+ ago

Cheap North Star apartment for rent in Anchorage

801 E 11th Ave #13, Anchorage, AK 99501

Affordable

1 bed

1 bath

$1,225

Apartment for rent

Available Jun 5

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5d+ ago

Cheap North Star apartment for rent in Anchorage

Affordable | In-unit laundry | On-site management

2 beds

1 bath

$1,300

Apartment for rent

Available Jun 16

Top amenities

In-Unit Laundry

On-Site Management

Package Service

3d ago

Cheap North Star condo for rent in Anchorage

Affordable | On-site laundry | Dishwasher

2 beds

1 bath

$1,350

Condo for rent

Available May 25

Top amenities

Dishwasher

On-Site Laundry

On-Site Management

Find sweet deals near Downtown Anchorage

These rentals are 10%-30% cheaper than the local average price for similar rentals.

McKinley Tower Apartments - Photo 1 of 1

Highly rated

5d+ ago

9.4

Excellent

McKinley Tower Apartments

337 E 4th Ave, Anchorage, AK 99501

Affordable | In-unit laundry | Dishwasher

1 bed

1 bath

$1,500

Apartment for rent

Top amenities

Dishwasher

In-Unit Laundry

On-Site Laundry

On-Site Management

Oven

Package Service

5d+ ago

Cheap Downtown Anchorage apartment for rent in Anchorage

Affordable | On-site laundry | Assigned parking

1 bed

1 bath

$1,600

Apartment for rent

Top amenities

Assigned Parking

Central Heat

Elevator

Furnished

On-Site Laundry

5d+ ago

Cheap Downtown Anchorage apartment for rent in Anchorage

Affordable | On-site laundry | Assigned parking

Studio

1 bath

$1,600

Apartment for rent

Top amenities

Controlled Access

Dishwasher

Furnished

Microwave

On-Site Laundry

Highly rated

3D tour

16h ago

8.7

Very good

Block 96

1000 W 8th Ave, Anchorage, AK 99501

Affordable | In-unit laundry | Garage parking

Studio–1 bed

1 bath

$1,675–$2,600

Apartment for rent

Available Oct 15

Top amenities

Dishwasher

Elevator

High Ceilings

In-Unit Laundry

Residents Lounge

Wheelchair Accessible

5d+ ago

Cheap North Star townhouse for rent in Anchorage

315 E 12th #248 - 1

315 E 12th Ave #1, Anchorage, AK 99501

Affordable | In-unit laundry | Dishwasher

Studio

1 bath

$1,700

House for rent

Available Oct 3

Top amenities

Controlled Access

Fireplace

Furnished

In-Unit Laundry

5d+ ago

Cheap North Star apartment for rent in Anchorage

6plex

1208 Denali St #2, Anchorage, AK 99501

Affordable | Assigned parking | Dishwasher

2 beds

1 bath

$1,800

Apartment for rent

Available Mar 20

Top amenities

Air Conditioning

Assigned Parking

Carpet

Dishwasher

Fireplace

5d+ ago

Cheap North Star townhouse for rent in Anchorage

1295 Elegante Ln, Anchorage, AK 99501

Affordable | In-unit laundry | Fireplace

3 beds

1.5 baths

$1,850

House for rent

Top amenities

In-Unit Laundry

5d+ ago

Cheap North Star townhouse for rent in Anchorage

1509 Karluk St #B, Anchorage, AK 99501

Affordable | In-unit laundry | Garage parking

2 beds

1 bath

$1,875

House for rent

Top amenities

Carpet

In-Unit Laundry

5d+ ago

Cheap North Star townhouse for rent in Anchorage

1509 Karluk St #A, Anchorage, AK 99501

Affordable | In-unit laundry | Garage parking

2 beds

2 baths

$1,975

House for rent

Top amenities

Garage Parking

In-Unit Laundry

5d+ ago

Cheap North Star condo for rent in Anchorage

310 E 11th Ave #112 - 1

310 E 11th Ave #1, Anchorage, AK 99501

Affordable | In-unit laundry | Garage parking

1 bed

1 bath

$2,000

Condo for rent

Available Jun 4

Top amenities

Controlled Access

Garage Parking

In-Unit Laundry

Microwave

Roof Deck

5d+ ago

Cheap North Star condo for rent in Anchorage

380 E 11th Ave #B421, Anchorage, AK 99501

Affordable | In-unit laundry | Garage parking

2 beds

1 bath

$2,500

$2,350

Price drop

Condo for rent

Top amenities

Elevator

In-Unit Laundry

5d+ ago

Cheap condo for rent in Anchorage

705 O St #D, Anchorage, AK 99501

Affordable | Garage parking | Dishwasher

2 beds

2 baths

$3,200

Condo for rent

5d+ ago

Cheap condo for rent in Anchorage

1300 W 7th Ave, Anchorage, AK 99501

Affordable | On-site laundry | Garage parking

2 beds

1.5 baths

$3,200

Condo for rent

Top amenities

Dishwasher

Garage Parking

Microwave

On-Site Laundry

Oven

5d+ ago

Cheap condo for rent in Anchorage

1541 G St #1, Anchorage, AK 99501

Affordable

3 beds

2 baths

$4,000

Condo for rent

5d+ ago

Cheap apartment for rent in Anchorage

324 E Manor Ave, Anchorage, AK 99501

Affordable | Wi-fi

5 beds

3 baths

$5,000

Apartment for rent

Top amenities

Wi-Fi

Showing 1 - 25 of 25 results

Home > Apartments in Anchorage > Downtown Anchorage > Downtown Anchorage Cheap Apartments For Rent

Updated: June 23, 2026

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🔑Available apartment rentals	25
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