Cheap Apartments for Rent in the Blue Heron Neighborhood of Lake Oswego, OR from $1,100 (19 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Blue Heron area of Lake Oswego.

property at 15370 Bangy Rd

15370 Bangy Rd

Lake OswegoOR97035
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ReNew Laurelwood
1 to 3 Bedroom Apartments

ReNew Laurelwood

3855 Lake Grove AveLake Oswego, OR 97035
  • Utilities Included

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.

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Jackson Square
2 Bedroom Apartments

Jackson Square

5318 Lakeview BlvdLake Oswego, OR 97035

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.

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.

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The Fields Apartments
1 to 3 Bedroom Apartments

The Fields Apartments

7790 SW Hunziker RdTigard, OR 97223
  • Utilities Included

Blue Heron, Lake Oswego, OR Local Guide

Cheapest Available Blue Heron Apartments for Rent

 

The cheapest available apartment rental in the Blue Heron area of Portland, OR is a 1 Bed unit found at Rolling Hills Apartments priced from $1,225. Bonita Villa has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,348. Here are the most affordable Blue Heron apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Rolling Hills Apartments1 Bedroom 1 Bath1BR,1BA$1,225
Bonita Villa1 Bedroom 1 Bath1BR,1BA$1,348
Timbers at TualatinPebbleStudio,1BA$1,371
Creekside Commons Apartments1 Bed 1 Bath1BR,1BA$1,395
Stonesthrow Apartments1B1BR,1BA$1,514

Best Value Apartments for Rent in Blue Heron, OR

As of October 21, 2025 the best value apartment in the Blue Heron area is the $1.29 price per square foot 3900 Canal Rd Model at 3900 Canal Rd, Unit B in the in the Childs neighborhood starting from $1,800. The second greatest value Blue Heron apartment is the 15211 Quarry Rd Model at 15211 Quarry Rd, Unit Williams starting at $2,200 with a $2.00 price per square foot in the Far Southwest Portland neighborhood. Here is today’s list of the best values for Blue Heron apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3900 Canal Rd, Unit B3900 Canal Rd1BR,1BA$1.29
15211 Quarry Rd, Unit Williams15211 Quarry Rd1BR,1BA$2.00
Haven Lake Oswego2 bed 2 bath2BR,2BA$1.99
Hunt ClubPlan B12BR,1BA$1.78
ReNew LaurelwoodClover2BR,2BA$2.05
Bonita Villa2 Bedroom 1 Bath2BR,1BA$1.99
Stonesthrow Apartments1B1BR,1BA$2.10
Creekside Commons Apartments1 Bed 1 Bath1BR,1BA$2.15
Eddyline at BridgeportResidence 21BR,1BA$2.56
Rolling Hills ApartmentsSuper Studio1BR,1BA$2.48

Don'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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Quick 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.

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Pet Friendly Lifestyle
Blue Heron, Lake Oswego, OR

Ranked #21

Among cities in Oregon for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Getting Around the Blue Heron Neighborhood in Lake Oswego, OR

Walk Score®

15 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

41 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Blue Heron Apartments

What is a cheap apartment in Blue Heron?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Blue Heron is under $1,703.

What is the price of a cheap apartment in Blue Heron?

The cheapest apartment in Blue Heron is Rolling Hills Apartments which is listed at $1,225, while the average apartment in Blue Heron costs $2,537.

What types of apartments are the cheapest in Blue Heron?

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 2 regular apartments in Blue Heron 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 Blue Heron?

Cheap apartments in Blue Heron have an average cost of $132 which is $2,405 cheaper than the average rent for all rentals in Blue Heron.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.