
Cheap Apartments for Rent in the Blue Heron Neighborhood of Lake Oswego, OR from $1,100 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in the Blue Heron area of Lake Oswego.


Hunt Club

Jackson Square

Total Monthly Price
7105 Montauk Cir, Unit 7105

Kruseway Commons

Total Monthly Price
Willow

14267 Uplands Dr

Westlake Meadows Apartments
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.

6765 Montauk Cir, Unit 6765

ReNew Laurelwood

Haven Lake Oswego

7060 SW Montauk Cir

15938 Quarry Rd

6951 SW Montauk Cir

3930 Lake Grove Ave

4000 Carman Dr
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.

Mercato Grove

ReNew Oakridge

Bonita Villa

Rolling Hills Apartments

Creekside Commons Apartments

Timbers at Tualatin

The Fields

19655 SW 65th Ave, Unit 68
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.

Hampton Ridge Apartments

Total Monthly Price
Stonesthrow Apartments

19655 SW 65th Ave, Unit 29

Commons on the Tualatin River

Eddyline at Bridgeport

14655 SW 76th Ave, Unit 14

Montage

19846 SW 68th Ave, Unit 19852
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.

Meridian Park

Tualatin View Apartments

19684 SW 68th Ave
Blue Heron, Lake Oswego, OR Local Guide

How much does it cost to rent an apartment in Blue Heron?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Blue Heron Studio Apartments | $1,486 | $1,300 | $1,650 |
| Blue Heron 1 Bedroom Apartments | $1,881 | $1,265 | $3,637 |
| Blue Heron 2 Bedroom Apartments | $2,313 | $1,300 | $4,400 |
| Blue Heron 3 Bedroom Apartments | $2,743 | $1,158 | $4,877 |
Browse Apartments in this Neighborhood
There are currently 35 rentals with your search options within a 2 mile radius of the Blue Heron Neighborhood of Lake Oswego, OR.
See all Apartments in Lake OswegoExplore Lake Oswego
Blue Heron, Lake Oswego, OR Local Guide
- Nearby Lake Oswego neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 $1,265. Stonesthrow Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,434. Here are the most affordable Blue Heron apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rolling Hills Apartments | Super Studio | 1BR,1BA | $1,265 |
| Stonesthrow Apartments | A1 | 1BR,1BA | $1,434 |
| Commons on the Tualatin River | Sandy | Studio,1BA | $1,550 |
| The Fields | TWO BEDROOM | 2BR,1BA | $1,575 |
| Eddyline at Bridgeport | Residence 2 | 1BR,1BA | $1,575 |
| Jackson Square | 2 Bedroom - 1 Bath | 2BR,1BA | $1,595 |
| ReNew Laurelwood | Barberry | 2BR,1BA | $1,599 |
| Bonita Villa | 2 Bedroom 1 Bath | 2BR,1BA | $1,614 |
| Haven Lake Oswego | 1 Bed 1 Bath | 1BR,1BA | $1,625 |
| Hunt Club | Plan B2A | 2BR,2BA | $1,693 |
Best Value Apartments for Rent in Blue Heron, OR
As of June 06, 2026 the best value apartment in the Blue Heron area is the $1.91 price per square foot Obsidian Model at Timbers at Tualatin in the in the Childs neighborhood starting from $2,270. The second greatest value Blue Heron apartment is the 2 Bedroom, 2 Bath Model at Hampton Ridge Apartments starting at $1,850 with a $1.80 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Timbers at Tualatin | Obsidian | 3BR,2BA | $1.91 |
| Hampton Ridge Apartments | 2 Bedroom, 2 Bath | 2BR,2BA | $1.80 |
| The Fields | TWO BEDROOM | 2BR,1BA | $1.62 |
| Hunt Club | Plan B1 | 2BR,1BA | $2.00 |
| Jackson Square | 2 Bedroom - 1 Bath | 2BR,1BA | $1.88 |
| Bonita Villa | 2 Bedroom 1 Bath | 2BR,1BA | $1.99 |
| ReNew Laurelwood | Barberry | 2BR,1BA | $2.00 |
| Haven Lake Oswego | 1 Bed 1 Bath | 1BR,1BA | $2.36 |
| Eddyline at Bridgeport | Residence 2 | 1BR,1BA | $2.50 |
| Rolling Hills Apartments | Super Studio | 1BR,1BA | $2.43 |
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.
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 Blue Heron, Lake Oswego, OR
Lake Grove Elementary School
School data provided by Great Schools
Frequently Asked Questions about Cheap Blue Heron Apartments
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 $1,265, while the average apartment in Blue Heron costs $2,425.
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 9 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 $155 which is $2,270 cheaper than the average rent for all rentals in Blue Heron.
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

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.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.