The Highlands Luxury Residences
2134 E 56th Ave,
Anchorage, AK 99507
$2,005 - $2,917 | 1-2 Beds
Nestled between the glistening water of Cook Inlet and the immense Chugach Mountains, Anchorage is a one-of-a-kind city, and happens to be the thriving capital city of Alaska. With its abundance of urban amenities, lively streets, and beautiful natural landscapes, Anchorage offers a unique atmosphere with scenic views that can’t be beat. Though Anchorage is a bit far from the rest of the country, the Stevens Anchorage International Airport gets residents and visitors easy travels to and from the city.
Anchorage features entertainment venues, bars, coffee shops, galleries, specialty shops, and local restaurants. Downtown Anchorage is buzzing with a vibrant nightlife scene and various live performances. If you’re in the mood for food and entertainment, check out Moose’s Tooth, Bear Tooth Theatre, Bear Tooth Grill, and Broken Tooth Brewing.
The Alaska Zoo is a wonderful local establishment for family-friendly adventures, and there are plenty of city parks where you can enjoy the city’s beautiful natural terrain like Kincaid Park, a coastal community space with hiking, biking, and skiing trails. There’s nothing quite like the Chugach State Park with its breathtaking coastline, mountains, glaciers, and lakeside views – not to mention the camping and ski areas! Whatever adventure you want to take, Anchorage has it all. And to top it all off, Anchorage boasts surprisingly affordable apartments, houses, condos, and townhomes.
As of March 2025, the average apartment rent in Anchorage, AK is $1,102 for a studio, $1,299 for one bedroom, $1,565 for two bedrooms, and $1,781 for three bedrooms. Apartment rent in Anchorage has increased by 3.4% in the past year.
The cost of living in Anchorage, AK is 24.6% higher than the national average. Generally, housing in Anchorage is 38.3% more expensive than the national average, with rent falling between $1,102 - $1,781. You can expect to pay 25.5% more for groceries, 10.8% more for utilities, and 13.1% more for transportation.
Somewhat Walkable
out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Public
Grades PK-6
397 Students
Northern Lights Abc K-8 School
Public
Grades PK-8
569 Students
Public
Grades PK-6
456 Students
Public
Grades PK-6
443 Students
Public
Grades PK-6
428 Students
Northern Lights Abc K-8 School
Public
Grades PK-8
569 Students
Public
Grades 7-12
240 Students
Public
Grades PK-8
182 Students
Public
Grades K-12
495 Students
Public
Grades 6-8
589 Students
Public
Grades 7-12
240 Students
Public
Grades 9-12
791 Students
Public
Grades K-12
495 Students
Public
Grades 9-12
1,318 Students
Public
Grades 9-12
1,544 Students
† 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 2025.