5+ Days Ago
Highlights
- On-site amenities
- Ample parking
- Downtown living
- Controlled security access
- Shared coinless laundry facility
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 |
Appliances
| Dishwasher | Range |
| Refrigerator |
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
Sweet deal!
This listing is 20% below the median price for studio apartments in Downtown Anchorage.
Welcome to Anchorage Grand Apartments — your new home in the heart of Downtown Anchorage, AK. This unfurnished studio apartment offers a comfortable and convenient living experience with a kitchenette equipped with a stove, dishwasher, and refrigerator. The unit features one full bathroom and access to a variety of on-site amenities designed to make everyday living easier. Enjoy the shared coinless laundry facility, ample parking, and vending machines for your refreshment needs. Your safety and peace of mind are a priority, with controlled security access throughout the building. Experience the best of downtown living at Anchorage Grand Apartments — where comfort meets convenience.
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 20% less than the average rent price for studio apartments in Downtown Anchorage.
Median rents as of Jan 24 2026.
Downtown Anchorage
Anchorage
| Month | Median Rent |
|---|---|
| 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 | $1,079 |
| December 2025 | $1,060 |
| January 2026 | $1,008 |
| Month | Median Rent |
|---|---|
| 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 | $1,795 |
| December 2025 | $1,750 |
| January 2026 | $1,800 |
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
$56,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $56,000 annually to afford this studio monthly rent price of $1,400.
For more information on rent affordability, visit our rent calculator.
Schools near 505 W 2nd Ave
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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