6 Best Neighborhoods in Anchorage, AK

The Best Neighborhoods in Anchorage, Alaska

Anchorage, Alaska, is a city with almost 300,000 residents and a thriving economy. With proximity to the Bering Sea and the Gulf of Alaska, the climate remains temperate year-round. Most visitors are surprised by the emerging metropolis, which provides an interesting culture and many amenities. If you're thinking about moving to Anchorage, the following neighborhoods are some of the best that Anchorage has to offer.

South Addition

South Addition Amenities

  • Multiple neighborhood parks
  • Waterfront access
  • Good walkability
  • Close proximity to downtown Anchorage
  • Includes many restaurants and coffee shops

Nearly ninety years old, the South Addition neighborhood was formed by soldiers preparing for war. The military intentionally created many of the lots large enough for people who wanted to grow small farms. However, the remoteness of the location led to the abandonment of the neighborhood due to fears of invasion.

Today, there are nearly 5,000 residents living in the South Addition area. The neighborhood includes many eateries, coffee shops, and public parks. The neighborhood is located between Knik Arm, Westchester Lagoon, and the downtown area.

The area is a good mix of homeowners and renters, with about 53% owning their homes. The median home value in the South Addition neighborhood is approximately $428,000.

South Addition Hotspots

Rogers Park

Rogers Park Amenities

  • Multiple neighborhood parks
  • Multiple lakes
  • Close proximity to several schools
  • Close proximity to downtown Anchorage
  • Plenty of shopping

Slightly smaller in population than South Addition, Rogers Park is an excellent neighborhood for home buyers to consider. Nearly 85% of residents in Rogers Park are homeowners, and the median home value is about $358,000.

The community is bordered by Seward Highway, 36th Avenue, Chester Creek Greenbelt, and Tikishla Park. With a number of restaurant choices to consider and a neighborhood grocery store, shopping in the area is somewhat limited. Exercise enthusiasts can enjoy the Alaska Club gym or nearby Carlson Park. Best of all, many of these amenities are within walking distance with plenty of sidewalks and easy parking.

Rabbit Creek

Rabbit Creek Amenities

  • Multiple neighborhood parks & green areas
  • Oceanfront access
  • HOAs for several neighborhood locations

With over 6,000 residents, Rabbit Creek is considered a larger neighborhood in Anchorage. Nearly every household in the area is occupied by a homeowner and has a median home value of $550,000. Although real estate prices are higher than the Anchorage average, rental prices are a bit lower. Rabbit Creek can be found at the southern edge of the city, resting against Turnagain Arm.

Rabbit Creek Hotspots

Rabbit Creek Shopping

Rabbit Creek Restaurants

Huffman-O'Malley

Huffman-O'Malley Amenities

  • Near the Alaska Zoo
  • Close to Seward Hwy
  • Park with nature trails
  • Largest neighborhood in Anchorage

One of the largest neighborhoods in the city, Huffman-O'Malley is home to more than 10,000 residents. The median home value in the area is $428,000, which is higher than the national average. The community is bordered by Seward Highway and Birch, De Armoun, and O'Malley roads.

There are two restaurants and a few shopping outlets in the Huffman-O'Malley area. Bob and Arlene Cross Park provides an excellent opportunity for walking and horseback riding along the wildlife trail. Additionally, the Alaskan Zoo is located within the northern edge of the community.

Huffman-O'Malley Hotspots

Turnagain

Turnagain Amenities

  • Close to Ted Stevens Airport
  • Several parks within boundaries
  • Close proximity to Fort Elmendorf
  • Access to Lake Hood and the oceanfront
  • Within ten minutes of downtown Anchorage

Another large neighborhood in Anchorage, the Turnagain community has a population of almost 11,000 residents, and nearly 75% are homeowners. The median home value is $362,000, placing it among one of the more affordable communities in Anchorage. The cost of living in this part of Anchorage makes it more accessible to buy a home here.

The neighborhood is located in West Anchorage, situated between Cook Inlet, Lake Hood, Fish Creek, and Minnesota Drive. It is a beautiful area with several state parks and walking trails, offering a wide variety of fresh air activities.

Downtown Anchorage

Downtown Anchorage Amenities

  • Immediate access to the heart of the city
  • Several parks within boundaries
  • Plenty of shopping and things to do
  • Access to the oceanfront

Downtown Anchorage is nearly 90% renter occupied, with only about 1,600 people living in the area. While the median home value is more than the national average, the median rental cost is only slightly above the national average. The community is bordered by W 9th Ave, L Street, and Knik River and boasts an abundance of condos & luxury homes.

The area boasts the largest assortment of restaurants, shops, employers, and nightlife in the city. Those interested in fitness can find a variety of gyms, including Tai Chi and yoga facilities. Downtown is also the place for nightlife, with museums, performance halls, and cinemas, plus many bars and nightclubs.

Anchorage: A Place for Everyone

No matter what kind of living experience is desired, Anchorage has a community for everyone. This is a growing, thriving city that is ready to welcome new arrivals. Contact your local real estate professional to learn more about neighborhoods in the area.

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