Last Updated: 1 Day Ago

Monthly Rent

No Availability

Beds

Studio - 2

Baths

1 - 2

* Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice. Note: Price and availability subject to change without notice. Note: Based on community-supplied data and independent market research. Subject to change without notice.

Lease Terms

10 - 15 Month Leases

Fees and Policies

The fees below are based on community-supplied data and may exclude additional fees and utilities. Use the calculator to add these fees to the base rent.

  • One-Time Basics
    • Due at Application
      • Application Fee Per Applicant
        $25

Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

About Terrace on the Lake

Terrace on the Lake Apartment Homes offers comfortable, pet-friendly apartments in Anchorage, AK.Choose from studio, 1, or 2-bedroom apartments featuring modern kitchens with a full suite of appliances and ample counter space. Youll have convenient features, like in-unit laundry, ceiling fans, and large closets. Select apartments have dining areas, walk-in closets, and fireplaces. Our community amenities include on-site tennis courts, a fitness center, a soothing sauna, and a dog park. Our 24-hour emergency maintenance services and courtesy security patrol will give you peace of mind.Terrace on The Lake is near the Walter J. Hickel Parkway, offering an easy commute to anywhere in Anchorage. Youll live near Providence Hospital, Alaska Native Medical Center, Joint Base Elmendorf-Richardson, and the University of Alaska Anchorage. Outdoor attractions, like Bentzen Lake and the Chugach Mountains, are close to home. You belong at Terrace on the Lake Apartments in Anchorage, AK!

Terrace on the Lake is located in Anchorage, Alaska in the 99517 zip code. This apartment community was built in 1977 and has 3 stories with 146 units.

Special Features

  • *In select homes
  • Efficient Appliances
  • Garbage Disposal*
  • In-home Washer/Dryer
  • On-Site Maintenance
  • Night Patrol
  • Online Payments & Service Requests
  • Planned Social Activities/ Resident Events
  • Package Receiving
  • * Select Apartments
  • 24-Hour Emergency Maintenance
  • Carpeting
  • Ceiling Fans*
  • Furnished Apartments Available*
  • Microwave*
  • Washer & Dryer In Each Home
  • Energy Efficient Windows (Triple Paned)
  • Fitness Center
  • Large Closets
  • Sauna
  • Triple Pane Windows
  • Walk-in Closets*
  • Barbecue/Grill Station
  • Cardio Machines
  • Complete Kitchen Appliance Package
  • Fireplace*
  • On-Site Management

Community Features

  • Maintenance on site
  • 24 Hour Access
  • Furnished Units Available
  • Planned Social Activities
  • Pet Play Area
  • Corporate Suites
  • Walk-Up
  • Courtyard
  • Grill
  • Picnic Area
  • Pond
  • Fitness Center
  • Sauna
  • Playground

Floorplan Amenities

  • Heating
  • Ceiling Fans
  • Smoke Free
  • Tub/Shower
  • Fireplace
  • Dishwasher
  • Disposal
  • Kitchen
  • Microwave
  • Oven
  • Range
  • Refrigerator
  • Freezer
  • Carpet
  • Vinyl Flooring
  • Dining Room
  • Walk-In Closets
  • Linen Closet
  • Lawn

Parking

Surface Lot

Assigned Parking

Security

  • Property Manager on Site

Pet Policy

Dogs Allowed

Breed restrictions apply

Up to 2 pets per home are welcome.

  • $40 Monthly Pet Rent
  • $300 Fee
  • 2 Pet Limit

Cats Allowed

None

Up to 2 pets per home are welcome.

  • $40 Monthly Pet Rent
  • $300 Fee
  • 2 Pet Limit

Airport

  • Ted Stevens Anchorage International

    Drive: 6 min 2.4 mi
  • Merrill Field

    Drive: 14 min 6.2 mi

Universities

Parks & Recreation

  • Anchorage Park Foundation

    Drive: 8 min 3.9 mi
  • Tony Knowles Coastal Trail

    Drive: 8 min 4.1 mi
  • Anchorage Museum

    Drive: 8 min 4.2 mi
  • BLM Campbell Creek Science Center

    Drive: 14 min 7.4 mi
  • Alaska Museum of Natural History

    Drive: 14 min 7.5 mi

Shopping Centers & Malls

Military Bases

Schools

GreatSchools Rating

Private Middle & High School

(907) 245-9231
Grades 6-12

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

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