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Highlights

  • Pet Friendly
  • Laundry room
  • Fully appointed kitchen
  • Spacious kitchen area
  • Large, bright living room

Location

1425 W 40th Ave, Anchorage, AK 99503, USA
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Contact

Management

Roy Briley Rental Management

Leasing office

(907) 575-9900

Property Overview

1425 W 40th Ave. offers strong overall value with a high Zumper Expert Rating, especially for its price, location, and amenities. It also features a fully appointed, spacious kitchen, a large bright living room, and a laundry room, while nearby conveniences and activity options support fitness, wellness, and social life.

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.

Zumper Expert Rating

8.3
Very Good
With 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.

Things you’ll love

  • More space
  • Less expensive
  • Pet friendly

Great for

  • Wellness
  • Social life

Floor plans

1BR/1.0BA1 bed1 bath700+ sqft$1,100–$1,200 /mo2 units availableNicely updated 1 bedroom, 1 bathroom downtown apartment with heat paid! Updates include flooring, bathroom vanity, cabinets and more ! Features include a large, bright living room, spacious and fully appointed kitchen area and more! This apartment is perfectly located close to transportation, shopping, dining, entertainment and so much more. Laundry room in the building!

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Amenities for 1425 W 40th Ave.

Building

Cats OKDogs 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

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units10
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About 1425 W 40th Ave.

HomeApartments in Anchorage 1425 W 40th Ave.

Nicely updated 1 bedroom, 1 bathroom downtown apartment with heat paid! Updates include flooring, bathroom vanity, cabinets and more ! Features include a large, bright living room, spacious and fully appointed kitchen area and more! This apartment is perfectly located close to transportation, shopping, dining, entertainment and so much more. Laundry room in the building!


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 Good
With 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.
How we rated 1425 W 40th Ave.
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:

Wellness

  • HVAC systems available onsite
  • 34 gyms or yoga centers nearby
  • 21 sports facilities (like tennis courts) nearby
  • There are 30 grocery stores within 1 mile

Social life

  • 175 restaurants within 1 mile of this property
  • Areas nearby are accessible by walking
  • 247 mixed-use spaces nearby
  • Diverse age groups live in this area

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

More space
The 1-bedroom is 250 sqft larger than other listings nearby
Less expensive
The 1-bedrooms are cheaper than other similar 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

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Rent trends in Anchorage

1-bedroom apartments at 1425 W 40th Ave. cost about 15% less than the average rent price for 1-bedroom apartments in Anchorage.

Median rents as of Aug 15 2026.
Anchorage
A table of studio rental data trends in Anchorage
MonthMedian Rent
August 2024$995
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
May 2026$1,154
June 2026$1,116
July 2026$1,114
August 2026$1,136

Affordability calculator

Can I afford to live at 1425 W 40th Ave?

Bedrooms

1 bedroom

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

$44,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $44,000 annually to afford this 1-bedroom monthly rent price of $1,100.
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+

Paideia Cooperative School

616 w 10th ave

anchorage, AK, 99501

K-12Public
A-

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

Explore the area around 1425 W 40th Ave

Island Market
3603 Arctic Blvd
Blue Market AK
1406 W 31st Ave
Daybrooks Food Company
500 W 36th Ave
Anchorage Grocery
4855 Arctic Blvd
Carrs/Safeway
1650 W Northern Lights Blvd

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