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Welcome to Terrace on the Lake

studio - 2 Bedroom Apartments for Rent in Anchorage, AK

Black-and-white floor plan of an apartment with two bedrooms, kitchen, dining area, and living room.

Spacious Layouts

Choose from our spacious bedroom floor plans.

Exterior sign for Terrace on the Lake community with trees and landscaping.

Picture Yourself Here

See what life at our community is all about.

Outdoor courtyard with people seated at cafe-style tables along a colorful mural wall.

Convenience All Around

Life is easier at our community.

Your Search Ends Here

Welcome to Terrace on the Lake

Welcome to Terrace on the Lake, your ideal living destination in the heart of Anchorage, AK. Our beautifully designed apartment community features a variety of floor plans including one and two-bedroom options, perfect for individuals, couples, and families alike. With numerous amenities tailored to enhance your lifestyle, you'll find everything you need right at your fingertips. At Terrace on the Lake, we prioritize your comfort and convenience. Enjoy 24-hour access and on-site management, ensuring assistance is always nearby. Our furnished units are available for those seeking a hassle-free move, while our pet play area welcomes your furry friends. Experience an engaging community with planned social activities, a fitness center for your active lifestyle, and a sauna for relaxation. Take advantage of our serene courtyard, complete with a pond, picnic area, and barbecue/grill stationsβ€”perfect for weekend gatherings. Families will appreciate the playground, while fitness enthusiasts can enjoy our cardio machines. Our apartment homes are thoughtfully designed with spacious layouts, large closets, and efficient appliances. Select units even feature cozy fireplaces and in-home washers and dryers. Additionally, we provide modern conveniences like online payments, service requests, and 24-hour emergency maintenance, ensuring your living experience is seamless and stress-free. Discover the community that suits your lifestyle at Terrace on the Lake. Ready to find your new home? Browse our availability or schedule a tour today!

  • Fireplace
  • Heating
  • Ceiling Fans
  • Tub/Shower
  • Smoke Free
Terrace on the Lake apartment homes logo with decorative typographySolid lime green color blockOutdoor courtyard with people seated at cafe-style tables along a colorful mural wall.Decorative green and blue brush-stroke banner backgroundLiving room with a light gray sectional sofa, plants, and a large window with blinds.Kitchen in an apartment with wooden cabinets, white countertops, microwave, stove, sink, and fridge.Kitchen with wooden cabinets, white countertops, double sink, microwave, and stoveBedroom in an apartment with a bed, two nightstands, lamps, and a large window.Bathroom with sink, toilet, and tub/shower with a brown shower curtain.Living room with beige carpet, front door, and a large window with vertical blinds.Living room with balcony door and window, a floor lamp, and beige carpet.Galley-style kitchen with light wood cabinets, white countertops, and black appliances.

Studio - 2 Bedroom Layouts

Make Yourself at Home

Please select your desired layout below.

Floor plans will be displayed here.

Neighborhood
Neighborhood
Neighborhood

Experiences Outside Your Doorstep

Explore the neighborhood.

Welcome to Terrace on the Lake in Anchorage, AK, where spacious one and two-bedroom apartments meet vibrant community life. Nestled near esteemed schools like Northwood ABC Elementary and Romig Middle School, our location offers enriching educational experiences for all ages. Connect with nature and discover your new home today.

What Residents Say About Terrace on the Lake

Hear from the people who call Terrace on the Lake home.

β€œAgustin Salas came by to fix our thermostat, he was quick and professional, when the replacement thermostat had a defect he went out of his way to Home Depot to get a new thermostat and immediately came back to finish the job.”

Eric Vredenburgh

2025-12-19

β€œThe main maintenance man is an experienced hand. He understands the job scope , hard-working, dedicated, and committed to his craft. Agustin Salas call on him but be respectful enough to show love and kindness. God Bless πŸ€™πŸΎπŸ€™πŸΎπŸ€™πŸΎ#HAMMAH πŸ”¨πŸ”¨πŸ”¨πŸ”¨β€

Kise Afuola

2025-10-29

β€œGreat place to stay! The office team is super nice and helpful. There's a washer and dryer in the apartment, with quick easy access to both downtown and the airport! Bonus of waking up to the sunrise over the mountains! Disclaimer - I am an employee of Weidner who lives on sight.”

Ryan Mueller

2025-03-06