5+ Days Ago
Highlights
- Ample parking
- Coinless laundry
- Fully furnished apartments
- Kitchenette
- Security-controlled access
Location
505 W 2nd Ave, Anchorage, AK 99501, USA|Downtown Anchorage
Tour 505 W 2nd Ave
Contact
VAM Property Management
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Amenities for 505 W 2nd Ave, Downtown Anchorage
Apartment Amenities
| Furnished | Furnished Unit |
| Kitchenette |
Building
| Controlled Access | Elevator |
| Onsite Laundry | Security Controlled Access |
| Shared Laundry | Vending Machine |
| Wheelchair Accessible |
Grounds
| Assigned Parking |
Services
| Disabled Access |
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
Parking Policy
Assigned Parking
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
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About 505 W 2nd Ave
Welcome to Anchorage Grand Apartments, your home in the heart of Downtown Anchorage, AK. In this video, we’re giving you a virtual tour of our 1-bedroom, 1-bath apartments so you can explore the layout, features, and amenities designed for comfortable and convenient city living. Each fully furnished apartment features a king bed, a well-equipped kitchenette, and a full bathroom. Residents enjoy practical amenities including a shared coinless laundry facility, ample on-site parking, vending machines, and security-controlled access for added peace of mind. Whether you’re relocating, looking for a long-term home, or exploring rental options in Downtown Anchorage, take a look around and see if Anchorage Grand Apartments is the right fit for you. Location: Downtown Anchorage, AK Units: Fully furnished 1 bed, 1 bath apartments Features: King bed, kitchenette, full bathroom Amenities: Coinless laundry, parking, vending machines, security-controlled access
Address details
| Neighborhood | Downtown Anchorage |
|---|---|
| Zip code | 99501 |
| Type | Apartment for rent |
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Rent trends in Downtown Anchorage
studio apartments at 505 W 2nd Ave cost about 9% less than the average rent price for studio apartments in Downtown Anchorage.
Median rents as of Mar 7 2026.
Downtown Anchorage
Anchorage
| Month | Median Rent |
|---|---|
| March 2024 | $960 |
| 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 | $1,079 |
| December 2025 | $1,060 |
| January 2026 | $1,013 |
| February 2026 | $1,026 |
| March 2026 | $1,100 |
| Month | Median Rent |
|---|---|
| March 2024 | $1,712 |
| 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 | $1,795 |
| December 2025 | $1,750 |
| January 2026 | $1,778 |
| February 2026 | $1,768 |
| March 2026 | $1,750 |
Affordability calculator
Can I afford to live at 505 W 2nd Ave?
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
$64,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $64,000 annually to afford this studio monthly rent price of $1,600.
For more information on rent affordability, visit our rent calculator.
Schools near 505 W 2nd Ave
Paideia Cooperative School
616 w 10th ave
anchorage, AK, 99501
K-12Public
A-
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
Getting around Anchorage near 505 W 2nd Ave
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, 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
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