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505 W 2nd Ave #206K, Anchorage, AK 99501, USA|Downtown Anchorage
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About 505 W 2nd Ave #206K
Sweet deal!
This listing is 39% below the median price for studio apartments in Downtown Anchorage.
The Anchorage Grand Apartments, previously the Grand Hotel, is located in beautiful downtown Anchorage, Alaska, within walking distance of all that downtown has to offer, including attractions, culinary experiences and more. Rent $1100 Utilities $250/month additional includes high speed internet. Security Deposit $800 3-month lease minimum.
Address details
| Neighborhood | Downtown Anchorage |
|---|---|
| Zip code | 99501 |
| Type | House for rent |
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Rent trends in Downtown Anchorage
studio apartments at 505 W 2nd Ave #206K cost about 39% less than the average rent price for studio apartments in Downtown Anchorage.
Median rents as of Nov 8 2025.
Downtown Anchorage
Anchorage
| Month | Median Rent |
|---|---|
| November 2023 | $1,050 |
| 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 |
| November 2025 | $1,074 |
| Month | Median Rent |
|---|---|
| November 2023 | $1,675 |
| December 2023 | $1,680 |
| January 2024 | $1,675 |
| February 2024 | $1,675 |
| March 2024 | $1,690 |
| April 2024 | $1,675 |
| May 2024 | $1,675 |
| June 2024 | $1,667 |
| July 2024 | $1,675 |
| August 2024 | $1,658 |
| September 2024 | $1,583 |
| October 2024 | $1,533 |
| November 2024 | $1,544 |
| December 2024 | $1,525 |
| January 2025 | $1,544 |
| February 2025 | $1,619 |
| March 2025 | $1,710 |
| April 2025 | $1,843 |
| May 2025 | $1,825 |
| June 2025 | $1,825 |
| July 2025 | $1,825 |
| August 2025 | $1,760 |
| September 2025 | $1,817 |
| October 2025 | $1,788 |
| November 2025 | $1,800 |
Affordability calculator
Can I afford to live at 505 W 2nd Ave #206K?
Bedrooms
StudioRent-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 studio monthly rent price of $1,100.
For more information on rent affordability, visit our rent calculator.
Schools near 505 W 2nd Ave #206K
Inlet View Elementary School
1219 n st
anchorage, AK, 99501
PK, K-6Public
A-
Whaley School
2220 nichols st
anchorage, AK, 99508
PK, K-12Public
Northern Lights ABC K-8 School
2424 east dowling rd
anchorage, AK, 99507
PK, K-8Public
A-
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 505 W 2nd Ave #206K
Getting around Anchorage near 505 W 2nd Ave #206K
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
4/10
There are a few mass transit options within the area.
Points of interest for 505 W 2nd Ave #206K, Anchorage
Groceries
8/10
At least one supermarket within a 10-minute walk
Shopping
7/10
Several shops within a few minutes’ walk
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
7/10
Variety of restaurants within a few minutes' walk
Primary schools
7/10
At least one elementary school within a 15-minute walk
High schools
7/10
At least one high school within a 15-minute walk
Nightlife
5/10
Some bars within a few minutes’ walk
Explore the area around 505 W 2nd Ave #206K
Lucky Grocery & Deli
326 W 4th Ave
New Sagaya City Market
900 W 13th Ave
Carrs
1340 Gambell St
Carrs Safeway
1340 Gambell St
Spenard Farmers' Market
831 W 19th Ave
Northwest Sneaker Co
333 W 4th Ave
Big Rays
320 W 4th Ave
JCPenney
406 W 5th Ave
American Eagle Store
320 W 5th Ave
Bottom's Boutique
320 W 5th Ave
Downtown Grind Inc
418 W 4th Ave
Java Joan's
605 W 4th Ave
Drips House of Coffee
320 W 5th Ave
Side Street Espresso
412 G St
Midnight Sun Cafe
245 W 5th Ave
The Broken Blender
535 W 3rd Ave
F Street Station
325 F St
Bear Paw Bar & Grill Downtown
415 E St
Avenue Bar
338 W 4th Ave
Panhandle Bar
312 W 4th Ave
Alaska Cake Studio
320 W 5th Ave
A1 Natural Health Products
Terella's Famous Bakery
Lil' Dipper Baking Co LLC
1127 W 7th Ave
L'aroma Bakery & Deli
900 W 13th Ave
Urban Sushi Spot
509 W 3rd Ave
Hooper Bay Cafe
500 W 3rd Ave
F Street Station
325 F St
Whisky & Ramen
436 W 4th Ave
Bear Paw Bar & Grill Downtown
415 E St
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