Zumper

Alert me when this rental is available.

modified
5+ Days Ago

Highlights

  • Prime location
  • Spacious kitchen
  • Living room
  • Brand-new carpet

Location

5350 Lake Otis Pkwy, Anchorage, AK 99507, USA
Hi! Let’s figure out if this property is right for you.

Powered by Zumper AI

Property Overview

Mellen LO - Lake Otis 5350 presents an excellent rental opportunity, highlighted by its prime location and comprehensive amenities, earning high ratings across various criteria. With a top-notch expert rating of 8.4, it showcases a perfect blend of competitive pricing and exceptional value, complemented by a spacious kitchen and living room. Additionally, its proximity to a highly rated high school enhances its attractiveness, ensuring an elevated quality of life for residents.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.4
Very Good
With a solid 8.4 out of 10 overall, Mellen LO - Lake Otis 5350 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Mellen LO - Lake Otis 5350 has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • High school nearby

Floor plans

2BR/1.0BA2 bed1 bath850 sqftHEAT PAID! This beautifully updated top-floor unit offers comfort and convenience, making for truly worry-free living. Featuring brand-new carpet and fresh interior paint throughout, the home feels bright, clean, and inviting, enhanced by abundant natural light that flows through the well-designed layout. The spacious kitchen opens seamlessly to the living room, creating an ideal space for everyday living and entertaining, while a cozy dining nook adds charm and functionality. Both bedrooms are generously sized with ample closet space, and the unit provides excellent storage throughout. Located in the highly desirable UMED area, this centrally positioned home offers outstanding access to hospitals, universities, shopping, parks, trails, dining, and essential services, as well as major roadways and an easy commute to JBER. Thoughtfully maintained and move-in ready, this top-floor residence delivers a comfortable Anchorage living experience in a prime location with unbeatable value.

Let's explore this property.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property
Building details

Property details

Units12
Advertisement

About Mellen LO - Lake Otis 5350

HomeApartments in Anchorage Mellen LO - Lake Otis 5350

HEAT PAID! This beautifully updated top-floor unit offers comfort and convenience, making for truly worry-free living. Featuring brand-new carpet and fresh interior paint throughout, the home feels bright, clean, and inviting, enhanced by abundant natural light that flows through the well-designed layout. The spacious kitchen opens seamlessly to the living room, creating an ideal space for everyday living and entertaining, while a cozy dining nook adds charm and functionality. Both bedrooms are generously sized with ample closet space, and the unit provides excellent storage throughout. Located in the highly desirable UMED area, this centrally positioned home offers outstanding access to hospitals, universities, shopping, parks, trails, dining, and essential services, as well as major roadways and an easy commute to JBER. Thoughtfully maintained and move-in ready, this top-floor residence delivers a comfortable Anchorage living experience in a prime location with unbeatable value.


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.4
/10
Very Good
With a solid 8.4 out of 10 overall, Mellen LO - Lake Otis 5350 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Mellen LO - Lake Otis 5350 has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Mellen LO - Lake Otis 5350
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Mellen LO - Lake Otis 5350 offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, Mellen LO - Lake Otis 5350 is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Mellen LO - Lake Otis 5350 is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Mellen LO - Lake Otis 5350 does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

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 5350 compares to other nearby properties.

Positives

High school nearby
There is a high school 0.5 mile away

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.
Advertisement

Available rentals nearby

featured image of 7020 Northwood St

The Residences at Northwood LLC

Our team has verified this company

7020 Northwood St

2 Beds

N/A

featured image of 1019 East 20th Avenue

Chester Park Estates

Our team has verified this company

North Star • 1019 East 20th Avenue

2 Beds

$1,450

featured image of 415 N Bragaw St

Mountain View • 415 N Bragaw St

2 Beds

$1,695

featured image of 2116 Fairbanks Street

North Star • 2116 Fairbanks Street

2 Beds

$1,450

featured image of 3404 Thompson Ave

Mountain View • 3404 Thompson Ave

2 Beds

$1,600

featured image of 541 Irwin St

Mountain View • 541 Irwin St

2 Beds

$1,350

featured image of 7313 Peck Ave

Northeast Anchorage • 7313 Peck Ave

2 Beds

$1,600

featured image of Chugach Meadows Loop

Chugach Meadows Loop

2 Beds

$2,475

featured image of 7020 Northwood St

The Residences at Northwood LLC

Our team has verified this company

7020 Northwood St

2 Beds

N/A

featured image of 1019 East 20th Avenue

Chester Park Estates

Our team has verified this company

North Star • 1019 East 20th Avenue

2 Beds

$1,450

featured image of 415 N Bragaw St

Mountain View • 415 N Bragaw St

2 Beds

$1,695

featured image of 2116 Fairbanks Street

North Star • 2116 Fairbanks Street

2 Beds

$1,450

featured image of 3404 Thompson Ave

Mountain View • 3404 Thompson Ave

2 Beds

$1,600

featured image of 541 Irwin St

Mountain View • 541 Irwin St

2 Beds

$1,350

featured image of 7313 Peck Ave

Northeast Anchorage • 7313 Peck Ave

2 Beds

$1,600

featured image of Chugach Meadows Loop

Chugach Meadows Loop

2 Beds

$2,475

Rent trends in Anchorage

Median rents as of Apr 25 2026.
Anchorage
A table of studio rental data trends in Anchorage
MonthMedian Rent
May 2024$1,310
June 2024$1,460
July 2024$1,522
August 2024$1,010
September 2024$1,033
October 2024$1,167
November 2024$1,158
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

Schools near Mellen LO - Lake Otis 5350

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
Advertisement

Internet available near Mellen LO - Lake Otis 5350

Getting around Anchorage near 5350 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 5350 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

Notify me

We’ll let you know when this property is available and send you similar listings.

Full name*
Move-in date*
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 5350.