Zumper
modified
Updated 1 Hour Ago

Highlights

  • Heat included
  • Convenient location
  • Spacious kitchen
  • Living area

Location

5300 Lake Otis Pkwy, Anchorage, AK 99507, USA
Hi! Let’s figure out if this property is right for you.

Powered by Zumper AI

Tour Mellen LO - Lake Otis 5300

Contact

Management

Roy Briley Rental Management

Leasing office

(907) 575-9900

Floor plans

2BR/1.0BA2 bed1 bath816+ sqft$1,750–$1,795 /mo2 units availableThis fantastic first-level unit offers comfort, convenience, and unbeatable value with all utilities included. Located in the highly desirable UMED area, this home provides excellent access to hospitals, universities, shopping, and commuter routes—including an easy drive to JBER. Property Features: All Utilities Included 2 Bedrooms / 1 Bathroom First-Level Unit with abundant natural light Spacious Kitchen opening to the living room Cozy Dining Nook Large Bedrooms with generous closet space Bright, functional layout with great storage Location Highlights: Centrally located near the UMED District (hospitals & universities) Convenient access to JBER, shopping, parks, and major roadways Close to trails, dining, and essential services A well-maintained unit offering exceptional value, a great location, and fully included utilitiesperfect for anyone seeking an easy and comfortable Anchorage living experience.

Let's explore this property.

Amenities for Mellen LO - Lake Otis 5300

Apartment Amenities

Utilities Included
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property
Building details

Property details

Units12

About Mellen LO - Lake Otis 5300

HomeApartments in Anchorage Mellen LO - Lake Otis 5300

This fantastic first-level unit offers comfort, convenience, and unbeatable value with all utilities included. Located in the highly desirable UMED area, this home provides excellent access to hospitals, universities, shopping, and commuter routes—including an easy drive to JBER. Property Features: All Utilities Included 2 Bedrooms / 1 Bathroom First-Level Unit with abundant natural light Spacious Kitchen opening to the living room Cozy Dining Nook Large Bedrooms with generous closet space Bright, functional layout with great storage Location Highlights: Centrally located near the UMED District (hospitals & universities) Convenient access to JBER, shopping, parks, and major roadways Close to trails, dining, and essential services A well-maintained unit offering exceptional value, a great location, and fully included utilitiesperfect for anyone seeking an easy and comfortable Anchorage living experience.


Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How Mellen LO - Lake Otis 5300 compares to other nearby properties.

Considerations

Lacks images
Fewer than 5 photos available for this property
No in-unit dishwasher
Dishwashers aren't available

Get the latest listings anytime, anywhere

Receive similar listings in the area, download our app, and more.
Email*
By clicking submit, I accept Zumper's Terms and Conditions, Privacy Policy, and Community Values.

Rent trends in Anchorage

2-bedroom apartments at Mellen LO - Lake Otis 5300 cost about 3% more than the average rent price for 2-bedroom apartments in Anchorage.

Median rents as of Oct 31 2026.
Anchorage
A table of studio rental data trends in Anchorage
MonthMedian Rent
November 2024$1,075
December 2024$1,148
January 2025$1,130
February 2025$1,189
March 2025$1,156
April 2025$1,227
May 2025$1,189
June 2025$1,161
July 2025$1,201
August 2025$1,384
September 2025$1,152
October 2025$1,023
November 2025$1,079
December 2025$1,060
January 2026$1,013
February 2026$1,026
March 2026$1,124
April 2026$1,062
May 2026$1,154
June 2026$1,116
July 2026$1,114
August 2026$1,115
September 2026$1,159
October 2026$1,119

Affordability calculator

Can I afford to live at 5300 Lake Otis Pkwy?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$70,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $70,000 annually to afford this 2-bedrooms monthly rent price of $1,750.
For more information on rent affordability, visit our rent calculator.

Schools near Mellen LO - Lake Otis 5300

Tudor Elementary School

1666 cache dr

anchorage, AK, 99507

PK, K-6Public
B-

Northern Lights ABC K-8 School

2424 east dowling rd

anchorage, AK, 99507

PK, K-8Public
A-

Whaley School

2220 nichols st

anchorage, AK, 99508

PK, K-12Public

Alaska State School for the Deaf & Hard of Hearing

5530 e northern lights blvd

anchorage, AK, 99504

PK, K-12Public

Paideia Cooperative School

616 w 10th ave

anchorage, AK, 99501

K-12Public
A-
Powered byniche.com

Getting around Anchorage near 5300 Lake Otis Pkwy

Walking

6/10
Some shops and stores are within a few minutes.

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 5300 Lake Otis Pkwy, Anchorage

Groceries

8/10
At least one grocery store within a few minutes' walk

Shopping

5/10
Some shops within walking distance

Cafes

4/10
Some cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

10/10
At least one elementary school within a 5-minute walk

High schools

3/10
No high schools within a 30-minute walk

Nightlife

3/10
Few or no bars within walking distance

Explore the area around 5300 Lake Otis Pkwy

Alaska Dinner Factory
5905 Lake Otis Pkwy
Alaska Halal International Market
6140 Old Seward Hwy
Sagaya Corp
3700 Old Seward Hwy
Fred Meyer
1000 E Northern Lights Blvd
Alaska International Groceries
401 W Intl Airport Rd

Compare similar properties nearby

featured image of 1019 East 20th Avenue

Chester Park Estates

Our team has verified this company

North Star • 1019 East 20th Avenue

1–4 Beds

$1,225–$1,800

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
dishwasher
Yes
on-site laundry
No
furnished
No
featured image of 1210 W 38th Pl #3

1210 W 38th Pl #3

3 Beds

$1,850

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
dishwasher
Yes
on-site laundry
Yes
furnished
No
featured image of 337 E 4th Ave

Downtown Anchorage • 337 E 4th Ave

1 Bed

$1,525–$1,575

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
dishwasher
Yes
on-site laundry
Yes
furnished
No
featured image of 505 W 2nd Ave

Downtown Anchorage • 505 W 2nd Ave

1 Bed

$1,850

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
dishwasher
Yes
on-site laundry
Yes
furnished
Yes
featured image of 3725 E 43rd Pl

3725 E 43rd Pl

1 Bed

$1,600

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
dishwasher
Yes
on-site laundry
Yes
furnished
Yes
featured image of 7020 Northwood St

The Residences at Northwood

Our team has verified this company

7020 Northwood St

1–3 Beds

N/A

dishwasher
No
on-site laundry
No
furnished
No
featured image of 4660 Reka Dr #D12

Russian Jack Park • 4660 Reka Dr #D12

2 Beds

$2,000

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
dishwasher
Yes
on-site laundry
Yes
furnished
Yes
featured image of 5917 Prosperity Dr #5913

Northeast Anchorage • 5917 Prosperity Dr #5913

2 Beds

$2,000

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
dishwasher
Yes
on-site laundry
No
furnished
Yes
featured image of 1019 East 20th Avenue

Chester Park Estates

Our team has verified this company

North Star • 1019 East 20th Avenue

1–4 Beds

$1,225–$1,800

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
dishwasher
Yes
on-site laundry
No
furnished
No
featured image of 1210 W 38th Pl #3

1210 W 38th Pl #3

3 Beds

$1,850

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
dishwasher
Yes
on-site laundry
Yes
furnished
No
featured image of 337 E 4th Ave

Downtown Anchorage • 337 E 4th Ave

1 Bed

$1,525–$1,575

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
dishwasher
Yes
on-site laundry
Yes
furnished
No
featured image of 505 W 2nd Ave

Downtown Anchorage • 505 W 2nd Ave

1 Bed

$1,850

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
dishwasher
Yes
on-site laundry
Yes
furnished
Yes
featured image of 3725 E 43rd Pl

3725 E 43rd Pl

1 Bed

$1,600

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
dishwasher
Yes
on-site laundry
Yes
furnished
Yes
featured image of 7020 Northwood St

The Residences at Northwood

Our team has verified this company

7020 Northwood St

1–3 Beds

N/A

dishwasher
No
on-site laundry
No
furnished
No
featured image of 4660 Reka Dr #D12

Russian Jack Park • 4660 Reka Dr #D12

2 Beds

$2,000

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
dishwasher
Yes
on-site laundry
Yes
furnished
Yes
featured image of 5917 Prosperity Dr #5913

Northeast Anchorage • 5917 Prosperity Dr #5913

2 Beds

$2,000

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
dishwasher
Yes
on-site laundry
No
furnished
Yes

Check availability

Full name*
Move-in date
Floor plan
By sending this inquiry, I accept Zumper's Terms and Conditions, Privacy Policy, and Community Values. By providing my phone number, I consent (not a condition of purchase) to be called and texted by Mellen LO - Lake Otis 5300.