Castle
915 W 27th Ave,
Anchorage, AK 99503
$1,060 - $1,450
Studio - 2 Beds
Formerly its own city, Spenard is a large Anchorage neighborhood nestled between Hood Canal and Midtown. Spenard combines rugged outdoor adventures with elements of chic city living to create a unique community. If you're into the bohemian lifestyle, poetry jams, bicycle parties, and a diverse range of cultural festivals, start your search for some affordable Spenard housing today. Many choose Spenard for its close proximity to some of Anchorage's biggest natural and cultural attractions, but others choose apartments in Spenard for its world-class international cuisine and down-home Alaskan eateries. Containing part of the city's international airport, this community has grown into one of the most diverse neighborhoods in Anchorage.
As of May 2026, the average apartment rent in Spenard is $1,086 for a studio, $1,204 for one bedroom, $1,557 for two bedrooms, and $1,736 for three bedrooms. Apartment rent in Spenard has decreased by -2.3% in the past year.
Studio
444 sq ft
Average Sq Ft
$1,086/month
Average Rent
1 BR
610 sq ft
Average Sq Ft
$1,204/month
Average Rent
2 BR
699 sq ft
Average Sq Ft
$1,557/month
Average Rent
3 BR
600 sq ft
Average Sq Ft
$1,736/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Spenard - Anchorage, AK is for everyday living.
Fairly Walkable
Walkability
Some Public Transit
Transit
Exceptionally Drivable
Drivability
Very Bikeable
Bikeability
Spenard - Anchorage, AK offers all daily essentials, but they’re limited to a few main areas.
Supermarket Within a 15 Minute Walk
Groceries
Good Restaurant Variety Nearby
Restaurants
Good Café Variety Nearby
Cafes
Fair Variety of Shops Nearby
Shopping
Get a sense of what it’s like to live in Spenard - Anchorage, AK from everyday activity to noise and nightlife.
Mostly Calm Atmosphere
Vibrancy
Limited Nightlife Variety Nearby
Nightlife
Fairly Noisy
Quiet Score
3,498
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† 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 February 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.