1131 W  5th Ave, Anchorage, AK 99501
Property image
Property image
OFF MARKET
  • 2 Beds
  • 1 Bath
  • 1,500 sqft

1131 W 5th Ave, Anchorage, AK 99501

South Addition

Home Highlights

Apartment
1,500 sqft
Attached Garage

Local Information

  • Map ViewExplore the area around 1131 W 5th Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Here you will enjoy AMAZING views of Cook Inlet and be within walking distance of Simon & Seaforts, Snow City Cafe, and all that downtown has to offer.

Situated above Elderberry Park and adjacent to the entrance of the Coastal Trail for walking, running biking, and winter skiing.

This rental has two bedrooms and one bathroom. Kitchen with butcher block countertop, pantry, and newer appliances. Living room with New Carpet, New Paint, New Blinds, Fireplace, and charming wood built ins.

A shared full-size washer and dryer is in the common area between the upper and lower living spaces.

You will get use of the single-car garage that goes with the upper space.

$1900 a month plus electric (reasonable gas, water, and refuse included in the rent). Application and credit check are required, there is a $35 credit check fee per adult. A small dog is allowed with an additional pet deposit.

We anticipate having a long-term tenant. We will sign a month to month rental agreement.
1131 W 5th Ave, Anchorage, AK 99501 is a 2 bedroom, 1 bathroom, 1,500 sqft apartment in South Addition. More recently, it was listed as a rental in January 2025 with an asking price of $1,900 per month. That rental listing was removed on February 12, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $2,359/month.

Home Details for 1131 W 5th Ave

Interior Features

Heating & Cooling
Heating: BaseboardAir ConditioningCooling System: Window UnitHeating Fuel: Baseboard
Appliances & Utilities
DishwasherDryerRefrigeratorWasher
Levels, Entrance, & Accessibility
Floors: Carpet

Property Information

Property Type / Style
Property Type: Apartment

Rental Terms, Policies & Fees

Lease Term: 1 MonthAvailable: now

Exterior Features

Parking & Garage
Parking: Attached Off Street, On Site

Comparable Sales for 1131 W 5th Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1.94
Apartment
-
08/10/26
4
1
1,344 sqft
1.31
Apartment
-
09/16/26
2
1
890 sqft
0.83
Apartment
-
08/18/26
1
1
600 sqft
4.70
Apartment
-
05/26/26
2
1.5
1,000 sqft
Home facts updated by county records

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Rental Market Trends in South Addition

Last updated Sep 2026
Trulia Rent Estimate$2,359/mo
Average rent
$2.75K
$600
MoM
Available listings
34
View rental market trends in Anchorage, AK

Around this home

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about South Addition

At least 41 Trulia users voted on each feature.
  • 92 % Say parking is easy

  • 89 % Say there are sidewalks

  • 88 % Say it's dog friendly

  • 82 % Say it's walkable to restaurants

  • 79 % Say it's walkable to grocery stores

  • 78 % Say yards are well-kept

  • 72 % Say car is needed

  • 72 % Say streets are well-lit

  • 67 % Say there's holiday spirit

  • 67 % Say there's wildlife

  • 66 % Say kids play outside

  • 60 % Say people would walk alone at night

  • 57 % Say neighbors are friendly

  • 50 % Say they plan to stay for at least 5 years

  • 43 % Say it's quiet

  • 41 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Pizzablanket
    "South addition is a fairly safe neighborhood with a good school"
  • Trulia User
    "it was once called the red light district. lol but as time has past the community clean it up quite nicely."
  • Trulia User
    "this is a great neighborhood. my father in law used to live in this area and it was quite amazing. he loved the area."
  • Caio P. R.
    "Friendly and calm. It is very close to parks and the downtown. Good neighborhood for families. But don’t leave things in the yard that they can disappear. "
  • Abbyak
    "Good area to live, very quiet and peaceful. Unlike the rest of downtown lol. It is a great neighborhood "
  • Jdb4100
    "It’s very dog friendly. People even put water bowls out front of their yards for those passing by. Great trails and a dog park nearby too! "
  • Richard M.
    "Great location, great people, good for walking or biking to almost anything you need. Close to downtown, access to Coastal Trail. Friendly. "
  • Gbgq y. c.
    "I feellike our neighbors look out for each other. I walk my little dog every day and night and we often see other dogs and owners. The neighbors are friendly and helpful. The proximity to the museum, mall, and restaurants, the Fire Island Bakery and Sagaya makes it a wonderful location."
  • Jean C.
    "This is a great place to live with City Markets regular crowd of characters. The coastal trail at the end of the street leading to Westchester lagoon, hiking, biking, running, or walking. All friendly locals who love to walk everywhere. And then they put in Fire Island bakery around the corner....what a treat!"

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Feb 12, 2025
Source: Zillow Rentals
ListingRemoved
$1,900
Jan 18, 2025
Source: Zillow Rentals
Listed For Rent
$1,900
Nov 23, 2024
Source: Zillow Rentals
ListingRemoved
$2,600
Nov 22, 2024
Source: Zillow Rentals
Listed For Rent
$2,600

Frequently asked questions about 1131 W 5th Ave

  • Is Anchorage a buyer's or seller's market?
    Anchorage is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Anchorage?
    The median sale price in Anchorage is $435K. That is up $18.33K from the prior month.
  • What do residents say about the South Addition neighborhood?
    Residents describe the South Addition neighborhood in Anchorage, AK as easy to park in, pedestrian-friendly, and dog-friendly. See recently sold homes in South Addition, Anchorage.
  • What are the closest schools to 1131 W 5th Ave?
    The closest schools to 1131 W 5th Ave in Anchorage, AK are Central Middle School Of Science, Inlet View Elementary School (Pre-K, rated 8/10), West High School (rated 5/10).
  • Does 1131 W 5th Ave have air conditioning?
    Yes, 1131 W 5th Ave in Anchorage, AK has air conditioning.
  • Does 1131 W 5th Ave have laundry facilities?
    Yes, 1131 W 5th Ave in Anchorage, AK has in-unit laundry.

Homes for rent near 1131 W 5th Ave

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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