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Anchored by the University of Alaska Anchorage and Alaska Pacific University, University Area is a vibrant and diverse neighborhood that attracts an energetic population. Known for its abundance of forested park land and its tree-lined streets, University Area features an enticing mix of urban life and outdoor access. Many residents live in the area for its proximity to the universities and the Providence Alaska Medical Center.

University Area sits southeast of downtown Anchorage, offering a quieter alternative to the bustling city streets. The university grounds cover the western half of the neighborhood, while the eastern half is largely residential. East Northern Lights Boulevard forms University Area's northern boundary, and East Tudor Road forms the southern edge. The east and west edges are marked by Lake Otis Parkway and Baxter Road, respectively.

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Rent Trends

As of August 2017, the average apartment rent in Anchorage, AK is $756 for a studio, $882 for one bedroom, $1,040 for two bedrooms, and $1,821 for three bedrooms. Apartment rent in Anchorage has decreased by -0.4% in the past year.

Beds
Avg Sq Ft
Avg Rent
Studio
352
$756
1 BR
504
$882
2 BR
737
$1,040
3 BR
247
$1,821
Beds
Avg Sq Ft
Avg Rent

Ratings

42 Walk Score® Car-Dependent
37 Transit Score® Some Transit
0 Bike Score® Somewhat Bikeable

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Shopping

Shopping options are few and far between in the University Area, but a few small stores sit along Tudor Road. If you need a tough winter jacket or a pair of leather cowboy boots, stop at Silva Saddle Western Wear & Work Clothing. For high-end stores, head downtown because you won't find them in University Area.

A few small grocery stores serve the University Area community. The neighborhood does not host farmers' markets, although there are several in greater Anchorage, including South Anchorage Farmers Market.

Cost

Living in University Area is less expensive than living in the downtown area. The average cost of living is lower than the averages for both Anchorage and Alaska. The low-cost food options in the area contribute to a bargain-friendly lifestyle. A one-bedroom rental in University Area averages $815 per month.

Transportation

The easiest way to get around University Area is on the Anchorage People Mover bus. Six different bus lines run near the universities and the medical center, connecting residents to all parts of the city. Bus 13 runs north and south through the eastern side of the neighborhood. Cabs are available, as long as you call ahead to schedule a pickup. Hailing a cab can be difficult to impossible, and Uber is not an option. Many residents opt to drive, particularly when traveling through non-campus areas. If you own a car, Highway 1 is easily accessible via 36th Avenue.

Free public street parking is readily available in the residential parts of University Area. If you are parking during the winter, pay attention to posted information about snow removal requirements. The areas around the universities are exceptionally friendly to walkers and cyclists. Exercise caution on main thoroughfares such as Tudor Road, as bike lanes are not always available and drivers may be unprepared for cyclists. Residential streets are generally safe for bikers and walkers, though the city's cold winter weather can be an impediment.

Parks

University Area is home to wide expanses of green space that give residents opportunities for biking, running, walking and dog-walking. Goose Lake Park in the northwestern corner of the neighborhood is a local favorite due to its hiking trails, playground and picnic area. Take a kayak or a canoe on the lake in the summer, or cheer on your favorite team at the softball field. In the winter, the lake freezes over, and residents take to the ice on ice skates.

University Area residents also frequent the area around the two neighborhood universities, which is heavily wooded and lined with paved paths. The exerciser-friendly area draws runners, bikers and walkers year round. Let your dogs off of their leashes in the dog-friendly area at University Lake Park. Though none of the parks in University Area host annual events, they are free of charge for residents and visitors.

Restaurants

Restaurants in University Area cater largely to the wallet-conscious student population, and cheap eats are readily available at the neighborhood's Mexican, American and Thai establishments. Most restaurants cluster along either side of East Tudor Road, just south of the universities.

When you're not in the mood to go out, order delivery from Amore's Pizza. This mom-and-pop joint, which also offers a dine-in option, specializes in stone-baked pizza and traditional toppings. Indulge your inner carnivore with the four-topping meat lover's pizza or a Philly cheesesteak hot sub.

For an international evening, enjoy the crispy tofu and garlic chicken from Thai Kitchen. Come in at lunch for one of the daily lunch combos, which often include vegetable pad Thai and asparagus pork.

Many University Area residents head downtown for nightlife, but a few bars operate in the neighborhood. Visit the Blue Fox Cocktail Lounge on a cold Anchorage night to warm up with a cheap beer and a game of pool. This dive bar hosts local bands on the weekends and the occasional karaoke night. The only other live music option in the area is the university, which hosts touring artists.

History

University Area is a relatively new part of the young city of Anchorage. Before the University of Alaska Anchorage was established in 1954, the spot was sparsely populated. As the campus grew, so did the neighborhood. In 1964, the area was rocked by a 9.2-magnitude earthquake. Given the immigrant nature of Anchorage as a whole, the population of University Area has always been diverse. Two-time All-American cross-country skier Nicole DeYong lived in the area as a student.

The universities form the University Area arts and cultural scene. Although there are no museums in the neighborhood, you can watch a performance of the UAA Dance Ensemble or catch the University Wind Ensemble in concert. Don't miss the lineup of free concerts at the Anchorage Folk Festival each January.

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University Area Apartments for Rent

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The Greenbriar Apartment Homes
4318 Vance Dr, Anchorage, AK 99508
1 / 56
5 hrs
$925 - 1,260 Studio - 2 Bed Available Now
888-639-3126
Rancho Tudor Apartment Homes
3531 E 42nd Ave, Anchorage, AK 99508
5 hrs
$925 - 1,585 Studio - 2 Bed Available Now
877-250-3098
College View Apartment Homes
3501 E 42nd Ave, Anchorage, AK 99508
5 hrs
$800 - 1,275 Studio - 2 Bed Available Now
844-235-5867
1 day
4511 Folker St Unit 31A
Anchorage, AK 99507
$800 Condo for Rent Available 09/01/17
907-885-2605
4 days
3315 Glenn-Don Dr
Anchorage, AK 99504
$1,475 2 Bed Available Now
907-290-7294
Colonial Plaza
5419-5421 E 42nd Ave, Anchorage, AK 99508
No Availability 2 wks

Apartments for Rent in University Area, Anchorage, AK

Anchored by the University of Alaska Anchorage and Alaska Pacific University, University Area is a vibrant and diverse neighborhood that attracts an energetic population. Known for its abundance of forested park land and its tree-lined streets, University Area features an enticing mix of urban life and outdoor access. Many residents live in the area for its proximity to the universities and the Providence Alaska Medical Center.

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