Stringfellow 540
540 L St,
Anchorage, AK 99501
$2,600 - $4,000
2 Beds
Area Guide
Downtown Anchorage Anchorage, AK
Your home under the midnight sun
Shops
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Restaurants
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Walkable
Like most downtowns, you'll find walkable streets, terrific shops and restaurants, businesses housed in skyscrapers, and a variety museums and theaters. Unlike most downtowns, you'll also discover the occasional Iditarod, the dancing glow of the northern lights, and perhaps a moose lounging in the town square. Because this is Downtown Anchorage, and things are just a little bit different here.
As the city's central business district, Downtown Anchorage is home to some of the tallest buildings in the state -- the Atwood Building, a square structure of glass, is 20 stories tall. The tallest building in Alaska is the Conoco-Phillips Building, a 22-story structure that features an atrium with a food court and fountain that is open to the public. And while you will be able to watch the Iditarod down 4th Street, you'll also discover colorful buildings containing terrific shops and restaurants, many with names like Once in a Blue Moose, the Bear Square, Midnight Sun Café, and Glacier Brewhouse. Be sure to catch a show at the Alaska Center for the Performing Arts, go shopping at the Anchorage 5th Avenue Mall, marvel at the Smithsonian Arctic Studies Center at the Anchorage Museum, hike the Coastal Trail along the bay, and go ice skating in winter at Town Square Park.
Rent Trends
As of July 2026, the average apartment rent in Downtown Anchorage is $1,196 for a studio, $1,336 for one bedroom, $1,654 for two bedrooms, and $1,940 for three bedrooms. Apartment rent in Downtown Anchorage has increased by 1.1% in the past year.
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Studio
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418 sq ft
Average Sq Ft
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$1,196/month
Average Rent
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1 BR
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575 sq ft
Average Sq Ft
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$1,336/month
Average Rent
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2 BR
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857 sq ft
Average Sq Ft
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$1,654/month
Average Rent
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3 BR
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867 sq ft
Average Sq Ft
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$1,940/month
Average Rent
Learn More About Downtown Anchorage
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Downtown Anchorage - Anchorage, AK is for everyday living.
Fairly Walkable
Walkability
50
/ 100
Limited Public Transit
Transit
30
/ 100
Exceptionally Drivable
Drivability
100
/ 100
Moderately Bikeable
Bikeability
60
/ 100
Daily Essentials
Downtown Anchorage - Anchorage, AK offers all daily essentials, but they’re limited to a few main areas.
Supermarket Within a 20 Minute Walk
Groceries
50
/ 100
Good Restaurant Variety Nearby
Restaurants
70
/ 100
Fair Café Variety Nearby
Cafes
50
/ 100
Good Variety of Shops Nearby
Shopping
70
/ 100
Local Vibe
Get a sense of what it’s like to live in Downtown Anchorage - Anchorage, AK from everyday activity to noise and nightlife.
Mostly Calm Atmosphere
Vibrancy
30
/ 100
Good Nightlife Variety Nearby
Nightlife
60
/ 100
Scores provided by
Points of Interest
Shopping Centers
Parks and Recreation
- Alaska Museum of Natural History
- Anchorage Museum
- Anchorage Park Foundation
- Tony Knowles Coastal Trail
- Alaska Botanical Garden
Military Bases
Airports
- Merrill Field
- Ted Stevens Anchorage International
Top Apartments in Downtown Anchorage
Houses for Rent in Downtown Anchorage
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Nearby City Rentals
Nearby Neighborhood Rentals
Nearby House Rentals
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.