4 Days Ago
Highlights
Pet Friendly
- Centrally located
- Near shopping
Location
1425 W 40th Ave, Anchorage, AK 99503, USA
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Property Overview
1425 W 40th Ave. features a strong overall Zumper rating of 8.3, characterized by a price rating of 10, reflecting a competitive balance of affordability and value. It offers impressive amenities rated at 8 and an excellent location at 9, ensuring residents enjoy unparalleled access to shopping, dining, and transportation. The property is also noted for its vibrant social life, with numerous restaurants and mixed-use spaces nearby, making it an appealing choice for diverse residents seeking an active community.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive- More space
- Pet friendly
Great for
Social life
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 800 sqft | $1,200 /mo | 1 unit available | Centrally located 1 bedroom/1 bathroom apartment in midtown. This apartment is ideally located and just moments away from downtown Anchorage! Living here you will be near trails, parks, dining, shopping, entertainment and more! Unit is photo similar, not exact** |
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Amenities for 1425 W 40th Ave.
Building
| Cats OK | Dogs OK |
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
Dog Policy
Allowed
Limit1
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
Building details
Property details
| Units | 10 |
|---|
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About 1425 W 40th Ave.
Centrally located 1 bedroom/1 bathroom apartment in midtown. This apartment is ideally located and just moments away from downtown Anchorage! Living here you will be near trails, parks, dining, shopping, entertainment and more! Unit is photo similar, not exact**
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.
8.3
/10
Very GoodWith a solid 8.3 out of 10 overall, 1425 W 40th Ave. is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 1425 W 40th Ave. has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
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.
1425 W 40th Ave. 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, 1425 W 40th Ave. 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.
1425 W 40th Ave. 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 1425 W 40th Ave. does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A 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.
1425 W 40th Ave. provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
1425 W 40th Ave. is great for:
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 1425 W 40th Ave. compares to other nearby properties.
Positives
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
- More space
- The 1-bedroom is 800 sqft larger than other listings nearby
- More space
- The 3-bedroom is 500 sqft larger than other listings nearby
- Pet friendly
- This property allows pets
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
- Lacks images
- Fewer than 10 photos available for this location
- No laundry facilities available
- This property doesn't offer on-site or in-unit washers and dryers
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Rent trends in Anchorage
1-bedroom apartments at 1425 W 40th Ave. cost about 13% less than the average rent price for 1-bedroom apartments in Anchorage.
Median rents as of Oct 25 2025.
Anchorage
| Month | Median Rent |
|---|---|
| November 2023 | $1,058 |
| December 2023 | $1,077 |
| January 2024 | $1,125 |
| February 2024 | $950 |
| March 2024 | $926 |
| April 2024 | $1,102 |
| 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 |
Affordability calculator
Can I afford to live at 1425 W 40th Ave?
Bedrooms
1 bedroomRent-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
$48,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $48,000 annually to afford this 1-bedroom monthly rent price of $1,200.
For more information on rent affordability, visit our rent calculator.
Schools near 1425 W 40th Ave.
Willow Crest Elementary School
1004 w tudor rd
anchorage, AK, 99503
PK, K-6Public
C+
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
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Internet available near 1425 W 40th Ave.
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Anchorage near 1425 W 40th Ave
Walking
5/10
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 1425 W 40th Ave, Anchorage
Groceries
7/10
At least one grocery store within a 15-minute walk
Shopping
5/10
Variety of shops within walking distance
Cafes
6/10
Some cafés within walking distance
Restaurants
6/10
Variety of restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
4/10
No high schools within a 30-minute walk
Nightlife
4/10
Few or no bars within walking distance
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