Terrace on the Lake Apartments

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2421 Bentzen Cir, Anchorage, AK 99517
(855) 942-5740
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Terrace on the Lake

2421 Bentzen Cir
Anchorage, AK 99517
(855) 942-5740
Terrace on the Lake in Anchorage, AK - Building Photo
  • Studio–2 Bedrooms
  • $1,360-$1,850Pricing
  • 450–920Square Feet

Rent Specials

Get the Rest of the Month Rent Free on select homes! *Limited time offer. Must move in by December 17th, 2025. Restrictions apply. Specials, pricing and availability subject to change daily. Contact the leasing office for details.

Ask Us About Our Specials

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 the Spenard Neighborhood and 99517 Zip code of Anchorage, AK. This community is professionally managed by Weidner Apartment Homes

Unique Features and Amenities

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

See All Amenities

Property Contact Info

Floorplan Pricing and Availability

Terrace on the Lake offers Studio to 2 Bedroom apartments starting from $1,360 and having 450–920 sq ft. Here is the current pricing and availability:

  • Studio

    Blue Winged Teal

    $1,360

    Studio, 1 Bath, 450 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtDepositView Details
    $1,360Available NowC17450$1,000
    $1,360Available NowA17450$1,000

    Model Amenities and Features

    Features

    • Tub/Shower

    Kitchen

    • Kitchen
    • Microwave
    • Oven
    • Range

    Living Space

    • Carpet
    • Vinyl Flooring
    • Walk-In Closets

    Outdoor Space

    • Grill
    • Lawn

    Unique Features

    • Triple Pane Windows

    Model Rent and Fees

    Model Price

    • $1,360

    Unit C17 Amenities and Features

    Features

    • Tub/Shower

    Kitchen

    • Kitchen
    • Microwave
    • Oven
    • Range

    Living Space

    • Carpet
    • Vinyl Flooring
    • Walk-In Closets

    Outdoor Space

    • Grill
    • Lawn

    Windows

    • Triple Pane Windows

    Unit C17 Rent and Fees

    Unit Price

    • $1,360

    Deposit

    • $1,000 deposit

    Model Rent and Fees

    Price

    • $1,360

    Unit A17 Amenities and Features

    Features

    • Tub/Shower

    Kitchen

    • Kitchen
    • Microwave
    • Oven
    • Range

    Living Space

    • Carpet
    • Vinyl Flooring
    • Walk-In Closets

    Outdoor Space

    • Grill
    • Lawn

    Windows

    • Triple Pane Windows

    Unit A17 Rent and Fees

    Unit Price

    • $1,360

    Deposit

    • $1,000 deposit

    Model Rent and Fees

    Price

    • $1,360
  • 1 Bedroom

    The Mallard

    From $1,450

    1 Bed, 1 Bath, 580 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtDepositView Details
    $1,475Available NowD21580$1,000
    $1,450Available NowB11580$1,000
    $1,490Available NowF30580$1,000

    Model Amenities and Features

    Features

    • Tub/Shower

    Kitchen

    • Kitchen
    • Microwave
    • Oven

    Living Space

    • Carpet
    • Vinyl Flooring

    Outdoor Space

    • Grill
    • Lawn

    Unique Features

    • Triple Pane Windows

    Model Rent and Fees

    Model Price Range

    • $1,450 - $1,490

    Unit D21 Amenities and Features

    Features

    • Tub/Shower

    Kitchen

    • Kitchen
    • Microwave
    • Oven

    Living Space

    • Carpet
    • Vinyl Flooring

    Outdoor Space

    • Grill
    • Lawn

    Windows

    • Triple Pane Windows

    Unit D21 Rent and Fees

    Unit Price

    • $1,475

    Deposit

    • $1,000 deposit

    Model Rent and Fees

    Model Price Range

    • $1,450 - $1,490

    Unit B11 Amenities and Features

    Features

    • Tub/Shower

    Kitchen

    • Kitchen
    • Microwave
    • Oven

    Living Space

    • Carpet
    • Vinyl Flooring

    Outdoor Space

    • Grill
    • Lawn

    Windows

    • Triple Pane Windows

    Unit B11 Rent and Fees

    Unit Price

    • $1,450

    Deposit

    • $1,000 deposit

    Model Rent and Fees

    Model Price Range

    • $1,450 - $1,490

    Unit F30 Amenities and Features

    Features

    • Tub/Shower

    Kitchen

    • Kitchen
    • Microwave
    • Oven

    Living Space

    • Carpet
    • Vinyl Flooring

    Outdoor Space

    • Grill
    • Lawn

    Unique Features

    • Triple Pane Windows

    Unit F30 Rent and Fees

    Unit Price

    • $1,490

    Deposit

    • $1,000 deposit

    Model Rent and Fees

    Model Price Range

    • $1,450 - $1,490

    The Mallard Furnished

    $1,810

    1 Bed, 1 Bath, 580 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $1,810Available NowF27580$1,000

    Model Amenities and Features

    Features

    • Ceiling Fans
    • Fireplace
    • Heating
    • Smoke Free
    • Tub/Shower

    Kitchen

    • Dishwasher
    • Disposal
    • Freezer
    • Kitchen
    • Microwave
    • Oven
    • Range
    • Refrigerator

    Unit F27 Rent and Fees

    Unit Price

    • $1,810

    Deposit

    • $1,000 deposit

    Model Rent and Fees

    Price

    • $1,810
  • 2 Bedrooms

    Arctic Tern

    $1,850

    2 Beds, 2 Baths, 920 sq ft
    Available January 28, 2026

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $1,850 January 28, 2026C35920$1,000

    Unit C35 Amenities and Features

    Features

    • Fireplace
    • Tub/Shower

    Kitchen

    • Freezer
    • Kitchen
    • Microwave
    • Oven
    • Range

    Living Space

    • Carpet
    • Dining Room
    • Vinyl Flooring
    • Walk-In Closets

    Outdoor Space

    • Grill
    • Lawn

    Windows

    • Triple Pane Windows

    Unit C35 Rent and Fees

    Unit Price

    • $1,850

    Deposit

    • $1,000 deposit

    Model Rent and Fees

    Price

    • $1,850

    The Snowgoose

    2 Beds, 2 Baths, 920 sq ft
     

    Availability Details

    Availability DateUnitSq Ft
    Call for AvailabilityThe Snowgoose920 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • Ceiling Fans
    • Washer/Dryer

    Kitchen

    • Dishwasher
    • Disposal
    • Microwave

    Living Space

    • Walk-In Closets
    • Window Coverings
    Show Unavailable Floorplans
Price shown is base rent and may not include non-optional fees and utilities. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Schedule a Tour

Schedule a Tour
Call us at: (855) 942-5740 to schedule a tour.

3D Tours

Property Information

Lease Terms

  • 10 - 15 mo

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.

Required Fees

One-Time Move-In Fees

Due at Application
Application Fee Per ApplicantiCharged per applicant$25

Other Fees

Pet Fees

Cat

Cat FeeiCharged per Pet$300
Cat RentiCharged per Pet$40/mo

Dog

Dog FeeiCharged per Pet$300
Dog RentiCharged per Pet$40/mo

Dogs

  • 2 Pet Limit
Restrictions:

Up to 2 pets per home are welcome.

Cats

  • 2 Pet Limit
Restrictions:

Up to 2 pets per home are welcome.

Parking Fees

Surface Lot

Parking FeeiCharged per vehicle$0/mo

Additional Parking Options

Other

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.

Features and Amenities

On-Site Services

  • Maintenance On Site
  • Planned Social Activities
  • Property Manager On Site
  • Pet Play Area
  • 24 Hour Access

Community Features

  • Walk Up
  • Corporate Housing

Outdoor Features

  • Grill
  • Pond
  • Courtyard
  • Picnic Area
  • Lawn

Recreation and Fitness

  • Fitness Center
  • Sauna
  • Playground

Interior Features

  • Ceiling Fans
  • Fireplace
  • Heating
  • Tub/Shower
  • Smoke Free

Kitchen Amenities

  • Disposal
  • Freezer
  • Kitchen
  • Range
  • Refrigerator
  • Dishwasher
  • Microwave
  • Oven

Living Area Features

  • Walk In Closets
  • Vinyl Flooring
  • Carpet
  • Dining Room
  • Linen Closet
Google Map

Map

2421 Bentzen Cir, Anchorage, AK 99517

Hours and Contact Info

Call Us - Open Now!
Currently Closed
By Appointment
Monday10:00 am–6:00 pm
Tuesday10:00 am–6:00 pm
Wednesday10:00 am–6:00 pm
Thursday10:00 am–6:00 pm
Friday10:00 am–6:00 pm
SaturdayClosed
SundayClosed

Frequently Asked Questions about Terrace on the Lake

Where is Terrace on the Lake located?

Terrace on the Lake is located at 2421 Bentzen Cir near the Spenard area of Anchorage, AK

What is the current rent range at Terrace on the Lake?

Studio to 2 Bedroom Apartments at Terrace on the Lake currently range from $1,360 to $1,850

When is the leasing office open?

  • The office Hours for Terrace on the Lake are
  • Monday 10:00 am–6:00 pm
  • Tuesday 10:00 am–6:00 pm
  • Wednesday 10:00 am–6:00 pm
  • Thursday 10:00 am–6:00 pm
  • Friday 10:00 am–6:00 pm
  • Saturday Closed
  • Sunday Closed

Are pets allowed?

Call us today to find out our pet policy and if we allow pets

Are there any rent specials?

The current rent special at Terrace on the Lake is: Get the Rest of the Month Rent Free on select homes! *Limited time offer. Must move in by December 17th, 2025. Restrictions apply. Specials, pricing and availability subject to change daily. Contact the leasing office for details..

Lifestyle Ratings

  • Affordability Nice Value3.0

    The Terrace on the Lake Apartments are 5.67% more expensive than the average apartment in the Spenard area, and 6.57% cheaper than the average apartment city-wide.

    Rent Comparison to the Spenard Neighborhood

    FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
    Studio$1,360$1,360+$0-0.0%
    1 Bedroom$1,450$1,343+$1078.0%
    2 Bedroom$1,850$1,697+$1539.0%

    Rent Comparison to the city of Anchorage

    FloorplanLowest Price HereCity Average RentCost Difference%
    Studio$1,360$1,444-$84-5.8%
    1 Bedroom$1,450$1,657-$207-12.5%
    2 Bedroom$1,850$1,876-$26-1.4%

    Methodology: On 12/22/2025, ApartmentHomeLiving.com compared current rents by floorplan to 210 other apartment communities in the immediate area around Terrace on the Lake (Spenard), and 783 other apartment communities in Anchorage using today’s up-to-date pricing using the sum/count averaging formula. This data will be updated in real-time as prices fluctuate.

    Rent Pricing Data as of 12/22/2025

  • Active Lifestyle 3.8

    From fitness centers to pools to putting greens, Active Lifestyle apartments feature local listings with the most amenities that support an always active lifestyle.

    Rating Factors

    This 3.8-star Active Lifestyle rating is based on the following features:

    • Sauna
    • Fitness Center
    • Planned Social Activities
    • Pet Play Area
    • Picnic Area
    • Playground(s)
  • Family Friendly 3.6

    Family Friendly apartments feature the best community amenities for larger families like larger floorplans, playgrounds and day care options.

    Rating Factors

    This 3.6-star Family Friendly rating is based on the following features:

    • Fireplaces
    • Fitness Center
    • Playground(s)
    • Smoke Free Options
    • Maintenance on site
    • Pet Play Area
    • Dishwashers
    • Planned Social Activities
    • Property Manager on Site
    • 24 Hour Access
    • Grill(s)
    • Courtyard
    • Picnic Area
    • Sauna
    • Ceiling Fans
    • Heating
    • Tub/Showers
    • Disposals
    • Freezers
    • Kitchens
    • Vinyl Flooring
    • Dining Rooms
    • Lawns
    See more
    See less
  • Student Living 3.0

    Rentals that are highly rated for the Student Living Lifestyle rating have top features and amenities that benefit students and others who enjoy living the student lifestyle.

    Rating Factors

    This 3.0-star Student Living rating is based on the following features:

    • Property Manager on Site
    • 24 Hour Access
    • Fitness Center
    • Smoke Free Options
    • Maintenance on site
    • Planned Social Activities
    • Pet Play Area
    • Grill(s)
    • Pond(s)
    • Picnic Area
    • Sauna
    • Fireplaces
    • Heating
    • Tub/Showers
    • Disposals
    • Kitchens
    • Ranges
    • Refrigerators
    • Dishwashers
    • Ovens
    • Dining Rooms
    • Lawns
    • Courtyard
    • Ceiling Fans
    See more
    See less
Learn more about Lifestyle Search

Renters Reviews and Ratings

5.0
0 Renters Reviews
ⓘ How is this Rating Determined?The property ratings on ApartmentHomeLiving.com are created using a 5-star scale that includes average renter review scores combined with building ratings to determine an overall blended property score.

Building ratings are based on a community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.

Nearby Schools

Romig Middle School

Anchorage
2500 Minnesota Drive
Public School - Grades 7-8 (720 Students)
In Attendance Zone5 minute drive / 1.7 miles away
8/10

West High School

Anchorage
1700 Hillcrest Dr
Public School - Grades 9-12 (1763 Students)
In Attendance Zone5 minute drive / 1.9 miles away
5/10

Northwood Abc Elementary School

Anchorage
4807 Northwood Drive
Public School - Grades PK-6 (281 Students)
In Attendance Zone1 minute drive / 0.3 miles away
4/10
School data provided by GreatSchools.
details
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on scale of 1 (below average) and to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider needs as part of the school selection process.

About GreatSchools Data on ApartmentHomeLiving.com.

Points of Interest

Time and distance from Terrace on the Lake.

Big Box and Retail

Lowe's

333 E Tudor Rd
5 minute drive / 1.91 miles away

Walgreens

2197 W Dimond Blvd
4 minute drive / 2.22 miles away

Jcpenney

406 W 5th Ave
7 minute drive / 3.51 miles away

Colleges and Universities

Charter College-Anchorage - Anchorage Campus

2221 E Northern Lights Boulevard Ste 120
7 minute drive / 3.5 miles away

University of Alaska Anchorage

3211 Providence Drive
8 minute drive / 4.02 miles away

Alaska Pacific University

4101 University Dr
9 minute drive / 4.47 miles away

Groceries

Fred Meyer

1000 E Northern Lights Blvd
5 minute drive / 2.78 miles away

Hospitals

Alaska Psychiatric Institute

3700 Piper Street
7 minute drive / 3.59 miles away

Providence Alaska Medical Center

3200 Providence Drive
8 minute drive / 3.99 miles away

North Star Hospital

2530 Debarr Rd
8 minute drive / 4.13 miles away

Military Bases

Kulis Air Guard Base

4 minute drive / 1.48 miles away

Shopping Centers

Z Plaza 3

5121 Arctic Blvd
3 minute drive / 1.14 miles away

Choi's Plaza

3020 Minnesota Dr
4 minute drive / 1.64 miles away

Olympic Center

3545-3565 Arctic Blvd
5 minute drive / 1.67 miles away

Terrace on the Lake has 5 shopping centers within 1.7 miles.

Nearby Neighborhoods

Studio to 3 Bedroom Apartments from $750
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Studio to 3 Bedroom Apartments from $750
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Studio to 4 Bedroom Apartments from $750
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Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Anchorage Studio Apartments $1,444$970$2,025
Anchorage 1 Bedroom Apartments $1,657$750$3,502
Anchorage 2 Bedroom Apartments $1,876$758$4,414
Anchorage 3 Bedroom Apartments $2,386$1,650$5,374
Anchorage 4 Bedroom Apartments $2,050$2,050$2,050

Browse Top Apartments in Anchorage

Viewing: Terrace on the Lake | Desktop Version | Listing Updated: 12/23/2025 | AHLGLD