Downtown Anchorage is the heart of Alaska’s biggest city. It has community-centric parks, plenty of restaurants and entertainment venues. Living in this neighborhood is one of the best and most convenient ways to enjoy the city's top attractions.
Housing in Downtown Anchorage is all over the map. “It offers a primarily renter-oriented market, featuring a strong mix of apartments, condominiums and mixed-use buildings, along with a limited number of historic homes and townhouses,” says long-time Alaskan resident and Associate Broker-in-Charge Gina Pelaia with Berkshire Hathaway HomeServices. “Studio and one-bedroom units are most common and appeal to professionals, singles and couples who value walkability and proximity to work, dining and cultural amenities.”
Though most people rent, you can also buy property. Most condos and townhouses sell in the mid-to-high $100,000s, while larger units may sell in the upper $400,000s to the low $600,000s. Bungalows and cottages are less common, starting around $100,000 and reaching the upper $400,000s.
You can get to shops, restaurants and parks on foot in Downtown Anchorage. “Many residents walk or bike, making downtown one of Anchorage’s most pedestrian-friendly areas,” Pelaia says. When commutes are out of walking range, there are plenty of other options:
• Take a People Mover bus
• Call an Uber, Lyft or local taxi
• Hop on Alaska Route 1 from Fifth or Sixth avenues
Downtown Anchorage is the hub of entertainment in the city. You can catch live shows, from Broadway musicals to operas, at the Alaska Center for Performing Arts. The Anchorage Museum has art and science exhibits, and the Alaska Native Heritage Center features historical exhibits and demonstrations. Some of the area’s biggest events are also downtown, like the Summer Solstice Festival in June and the Anchorage Market on weekends from May through September.
Delaney Park, also known as the Park Strip, is a 13-block green space with athletic fields, an ice-skating rink and a rose garden. Town Square Park also has a seasonal ice-skating rink and hosts a summer concert series. If you want to watch the sunset behind Sleeping Lady Mountain, head to Elderberry Park. It's connected to the Coastal Trail, which runs along the edge of the Cook Inlet mud flats, providing striking views of the water.
Downtown is the place to be for foodies in the city. Options include:
• Japanese noodles at Whisky & Ramen
• Drinks at Tent City Taphouse or Glacier Brewhouse
• Fresh seafood and meat at Orso
• Comfort food at Snow City Cafe
Shopping is also convenient, from boutiques to big-box stores. New Sagaya City Market sells groceries, and Anchorage 5th Avenue Mall has over 100 retailers.
Downtown Anchorage students are in the Anchorage School District. West High School is a top-rated option for kids in the neighborhood. Parents in the district can select magnet programs through a biannual lottery, use open enrollment to attend any ASD school with available slots, or arrange out of district transfers. Holy Rosary Academy is a private prekindergarten through 12th-grade option minutes away.
Downtown Anchorage’s job market is buzzing with opportunities. “The area serves as a major employment hub, with residents commonly working in government, professional services, health care, education, hospitality and nonprofit sectors,” Pelaia says. “Many offices are located downtown or nearby in Midtown, keeping commute times relatively short.” Some top employers in the city include the Providence Alaska Medical Center and Princess Cruises.
Natasha McClanahan
Berkshire Hathaway HomeServices Alaska Realty
(855) 635-2064
45 Total Sales
1 in Downtown Anchorage
$180,000 Price
Paul Lambert
Herrington and Company, LLC
(844) 850-6946
84 Total Sales
1 in Downtown Anchorage
$275,000 Price
Huntley & Associates
Keller Williams Realty Alaska Group
(833) 324-2923
926 Total Sales
2 in Downtown Anchorage
$145K - $490K Price Range
Wendy Bringhurst
Keller Williams Realty Alaska Group of Eagle River
(855) 686-0834
101 Total Sales
1 in Downtown Anchorage
$400,000 Price
Miyun Stogsdill
RE/MAX Dynamic Properties
(888) 589-2111
137 Total Sales
1 in Downtown Anchorage
$189,000 Price
Sean Williams
EXP Realty, LLC - Downtown Anchorage
(877) 618-3544
72 Total Sales
1 in Downtown Anchorage
$467,000 Price
| 1 - Low Crime, 10 - High Crime | Downtown Anchorage | US |
|---|---|---|
| Homicide | 9 | 4 |
| Sexual Assault | 10 | 4 |
| Assault with Weapon | 9 | 4 |
| Robbery | 9 | 4 |
| Burglary | 9 | 4 |
| Motor Vehicle Theft | 9 | 4 |
| Larceny | 9 | 4 |
| Crime Score | 8 | 4 |
Source: WhatIsMyCrimeRisk.com
On average, homes in Downtown Anchorage, Anchorage sell after 37 days on the market compared to the national average of 56 days. The median sale price for homes in Downtown Anchorage, Anchorage over the last 12 months is $209,000, down 7% from the median home sale price over the previous 12 months.
$525,000
Stylish & Modern Downtown Condo With A Great Urban Flair! Sophisticated custom finishes throughout this 2 bedroom suite, 2.5 bath, 3rd floor corner condo w/views. Featuring LVP floors, gas FP, gourmet kitchen w/36'' maple cabinets, quartz tops & subway tile backsplash. Primary Suite w/luxurious bath. Secondary Bedroom Suite. Balcony off main living & bedrooms. Near restaurants, shops, the Museum..
Jamie Harvey Jack White Real Estate
$395,000
6,500 SF downtown Anchorage parcel on 5th Ave between C & D Streets, directly across from 5th Avenue Mall. High visibility and strong traffic counts. Adjacent to Club Paris and Whiskey & Ramen. Site is graded and ready for development. Package forthcoming. Contact Listing Licensee for more information.
Marc Dunne Jack White Commercial
$550,000
Rare opportunity in downtown Anchorage! This prime 7,000 sqft vacant lot at 810 W 8th Ave, zoned B2C, is nestled between Skinny Raven and CU1 Bank perfect for retail, office, or mixed-use development. With no structures, it's a blank canvas in a bustling urban hub with easy access to amenities and thoroughfares. Don't miss this investment gem!
Justin McGhee Cornerstone Realty
$209,000
This home is in Anchorage's central Fairview neighborhood, offering strong rental and value-add potential. The property features a spacious layout, providing flexibility for a variety of uses and investment strategies. While some updates would enhance the home, it is fully functional and ready for occupancy or rental. Conveniently located near Downtown Anchorage, major employment centers, public
Rick Davids Sun Properties, LLC
$565,000
Beautifully upgraded 1,740 sq ft townhouse offering 3 bds & 2.5 bths in a prime downtown Anchorage location. The home features remodeled kitchen & bathrooms with modern finishes, creating a stylish living space. Thoughtful updates throughout enhance comfort & functionality, while a 2 gar adds convenience & storage. Enjoy easy access to dining, shopping, & local amenities in the heart of the city.
Hutton Brown Jack White Real Estate
$699,000
Beautiful vintage downtown Alaskan home. Great for a personal residence, AirBnB, or boutique law firm/business office. Corner lot with a great presence. 3 Bds, 2 full bths, and gorgeous turn-of-the- century aesthic. Off street parking. Close to everything downtown. stucco exterior. 1 1/2 story home plus basement, arctic entry, deck, All appliances included. 1464 sqft + 702 basement = 2166 sqft
Hutton Brown Jack White Real Estate
$1,500,000
Great downtown property including total of 3 properties. 811 K St - 2 bed 2 bath 2220SF Res 7000SF Lot, 932 W 8th Ave 2bed 2 bath 1300SF Res 7000 SF Lot, & 934 W 8th Ave 480 SF Res
Myong Yi Jack White Real Estate
$850,000
Custom Mediterranean condo with Italian marble, granite counter tops, with height adjustable bar. Heated floors and driveway. Powered safety shutters.
Brandon Spoerhase BSI Commercial Real Estate, LLC
$889,900
Presale for stats
Jonathon Wagner Herrington and Company, LLC
$3,500,000
Property is zoned RORO: Residential Office District 1. 2. 3. Purpose The RO district is intended to provide areas for professional, business, and medical service (outpatient) office uses, or areas with a compatible mix of office and residential uses. The district provides for small- to medium-sized office buildings, often in transition locations between residential areas andRO: Residential Office
Paul Schilling Schilling Commercial R.E. LLC
$3,000 per month
Amazing fully furnished rental available the first of May . Open concept w/ custom Turkish wood accents- mantle, posts & ensuite doors. Kitchen overlooks living room & dining area. Granite countertops w/ cabinets throughout. Bathroom on each side of condo with office and living space between. Ensuite w/ custom mosaic tiled walk in shower & walk in closet. Patio with multi access points, gas grill
Carrie Jaime Alaska Property Managers
Bike Score®
Walk Score®
Transit Score®
Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
Walkable coastal community with extensive nature trails and scenic vistas
Historic up-and-coming neighborhood between downtown and Merrill Field Airport
Scenic parks and local restaurants in the shadow of Merrill Field Airport
An isolated community with historic character and picturesque views
Central neighborhood between downtown and Midtown along a greenbelt of parks
Natural beauty and scenic parks with plenty of amenities nearby
