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 an apartment located in Anchorage Municipality, the 99517 Zip Code, and the Northwood Elementary School, Romig Middle School, and West High School attendance zone.

Pricing and Floor Plans
Studio
Blue Winged Teal
$1,365 - $1,375
Studio, 1 Bath, 450 Sq Ft
https://imagescdn.homes.com/i2/9eemyPYckkmfJQZIzSu2M7pu2qaSUFSA7KO3ZU4auH0/116/terrace-on-the-lake-anchorage-ak-4.jpg?p=1
Unit | Price | Sq Ft | Availability |
---|---|---|---|
C21 | $1,375 | 450 | Oct 14 |
E10 | $1,365 | 450 | Oct 31 |
1 Bedroom
The Mallard
$1,455 - $1,525
1 Bed, 1 Bath, 580 Sq Ft
https://imagescdn.homes.com/i2/rJNsyehESEP5waGlCq3B61ojrbIoEezKrtVUxZlwCrI/116/terrace-on-the-lake-anchorage-ak.jpg?p=1
Unit | Price | Sq Ft | Availability |
---|---|---|---|
F26 | $1,460 | 580 | Now |
C20 | $1,495 | 580 | Now |
F24 | $1,500 | 580 | Now |
The Mallard Furnished
$1,830
1 Bed, 1 Bath, 580 Sq Ft
https://imagescdn.homes.com/i2/OBUEtIdCBIKx0JGjNKfxHNZ-xPtlUfhBP0Av8UStemg/116/terrace-on-the-lake-anchorage-ak-2.jpg?t=p&p=1
Unit | Price | Sq Ft | Availability |
---|---|---|---|
F27 | $1,830 | 580 | Now |
2 Bedrooms
Arctic Tern
$1,850 - $1,860
2 Beds, 2 Baths, 920 Sq Ft
https://imagescdn.homes.com/i2/R9O2ME_vSjV3VyPob53Zx_-YBiu95ePxLUWMjPTCVx0/116/terrace-on-the-lake-anchorage-ak-3.jpg?p=1
Unit | Price | Sq Ft | Availability |
---|---|---|---|
B16 | $1,855 | 920 | Sep 18 |
A14 | $1,850 | 920 | Sep 19 |
E26 | $1,855 | 920 | Oct 1 |
The Snowgoose
Call for Rent
2 Beds, 2 Baths, 920 Sq Ft
https://imagescdn.homes.com/i2/LU8M8I6ihuzca1OEAqKdCFo2js9taxmWiMhClZvpPHo/116/terrace-on-the-lake-anchorage-ak-5.jpg?p=1
Unit | Price | Sq Ft | Availability |
---|---|---|---|
-- | -- | 920 | Soon |
Map
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