Terrace on the Lake
2421 Bentzen Cir,
Anchorage, AK 99517
$1,360 - $1,850
Studio - 2 Beds
Featuring beautiful lakes, an oceanfront along the western boundary, and a rolling forest park, Sand Lake embodies the beauty Alaska is known for. With stellar views of the Chugach Mountains, this wooded area blends the pleasantries of rural and suburban living. Residents enjoy access to excellent schools, a wide variety of rentals, and an abundance of amenities. There is something for every renter in Sand Lake since the neighborhood has rentals available for every style and budget including single-family houses and modern apartments. When locals aren’t fishing at Sand Lake’s half of dozen lakes, you’ll find them at Kincaid Park skiing, hiking, or biking. Although there are several stores and mom-and-pop restaurants in Sand Lake, residents can also head into Downtown Anchorage, which is only eight miles north. The neighborhood also lies just south of Ted Stevens Anchorage International Airport.
As of December 2025, the average apartment rent in Sand Lake is $929 for a studio, $1,603 for one bedroom, $1,608 for two bedrooms, and $2,650 for three bedrooms. Apartment rent in Sand Lake has increased by 7.7% in the past year.
Studio
350 sq ft
Average Sq Ft
$929/month
Average Rent
1 BR
700 sq ft
Average Sq Ft
$1,603/month
Average Rent
2 BR
756 sq ft
Average Sq Ft
$1,608/month
Average Rent
3 BR
1,446 sq ft
Average Sq Ft
$2,650/month
Average Rent
Car-Dependent
out of 100 WalkScore® Rating
This area is considered a car-dependent area and most errands will require a car.
Minimal Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Somewhat Bikeable
out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.
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† 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 November 2025.