
Cheap 2 Bedroom Apartments for Rent in Lake Oswego, OR from $1,175 (106 Rentals)


Uptown at Lake Oswego

Total Monthly Price
7105 Montauk Cir, Unit 7105

86 Kingsgate Rd, Unit H201

Hunt Club

Total Monthly Price
Elevation at Mountain Park

6765 Montauk Cir, Unit 6765

12375 Mt Jefferson Terrace, Unit 10E

Northshore Apartments

Mercy Greenbrae
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Bay Roc Apartments

ReNew Laurelwood

7060 SW Montauk Cir

15938 Quarry Rd

6951 SW Montauk Cir

Milo at Mountain Park

Haven Lake Oswego

3930 Lake Grove Ave

#306 WOODSIDE VISTA

Grace Manor Apartments
Renting with Roommates: Realistic Expectations for Shared Lease
Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

Spring Terrace

11102-11130 SW 62nd Ave, Unit 11110

Rolling Hills Apartments

Timber Terrace

Total Monthly Price
2121 Multnomah

Lake Village

Total Monthly Price
The Alden

Capitol Gardens

Edgewood Manor

Capitol Park
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Indian Hills Apartments

Dartmouth Crossing North

19655 SW 65th Ave

8020 SW 19th Ave

Fairfield Park Apartments

The Milwaukian

Ridgeview Terrace

Chelan Apartments

Oak Grove

LuDon Luradel
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Creekside Commons Apartments

Todd Village Apartments

8363 SW Durham Rd

3414-3418 SE Vineyard Rd

Martinazzi Village

Bonita Villa

Total Monthly Price
Attwell off Main

River Cliff Apartments

The Fields
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
Lake Oswego, OR Local Guide

How much does it cost to rent an apartment in Lake Oswego?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Oswego Studio Apartments | $1,475 | $1,218 | $2,063 |
| Lake Oswego 1 Bedroom Apartments | $1,759 | $1,145 | $3,637 |
| Lake Oswego 2 Bedroom Apartments | $2,162 | $1,175 | $5,200 |
| Lake Oswego 3 Bedroom Apartments | $3,004 | $1,158 | $9,824 |
Explore Lake Oswego
Lake Oswego, OR Local Guide
- Lake Oswego Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs
Balance work and life in Portland. Explore the neighborhoods for renting that offer great amenities and quick commutes to the city's top major employers. Find your Portland apartment today!
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleA Local Experts Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland
A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Portland area. Find your perfect Student apartment, condo, or rental home today
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Lake Oswego, OR
Westridge Elementary School
Lake Oswego Senior High School
Lake Oswego Junior High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lake Oswego, OR Rentals by Map
See the most popular apartments and homes in Lake Oswego, OR
Frequently Asked Questions about Cheap Lake Oswego Apartments
What is a cheap apartment in Lake Oswego?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lake Oswego is under $1,295.
What is the price of a cheap apartment in Lake Oswego?
The cheapest apartment in Lake Oswego is #306 WOODSIDE VISTA which is listed at $1,175, while the average apartment in Lake Oswego costs $2,525.
What types of apartments are the cheapest in Lake Oswego?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 4 regular apartments in Lake Oswego that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Lake Oswego?
Cheap apartments in Lake Oswego have an average cost of $210 which is $2,315 cheaper than the average rent for all rentals in Lake Oswego.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides

A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent
Written by: Chad Deitchley
As your ApartmentHomeLiving.com Local Expert for Portland, Oregon, I’d like to briefly introduce myself. My name is Chad, and I come to the ApartmentHomeLiving.com team after living in Portland for decades.

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland
Written by: Chad Deitchley
Hello! My name is Chad, and I joined the ApartmentHomeLiving.com team as a Local Expert after living in Portland, Oregon, for more than 20 years. I have a deep love for this charming and vibrant city.

The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs
Written by: Chad Deitchley
Let me introduce myself as your ApartmentHomeLiving Local Expert for Portland, Oregon. I’m Chad, and I can attest firsthand to the vibrant and funky nature of this one-of-a-kind city.

From Arts to Eats: A Local Insiders Guide to Living in Portland's Best Spots
Written by: Chad Deitchley
Hello! My name is Chad, and I am your ApartmentHomeLiving.com Local Expert for Portland, Oregon. After living in this one-of-a-kind city for more than 20 years, I have seen it change in many exciting ways.
Articles, How-To's, and Tips

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
