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.

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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ReNew Laurelwood
1 to 3 Bedroom Apartments

ReNew Laurelwood

3855 Lake Grove AveLake Oswego, OR 97035
Corporate Housing
  • Utilities Included

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The Fields Apartments
1 to 3 Bedroom Apartments

The Fields Apartments

7790 SW Hunziker RdTigard, OR 97223
  • Utilities Included
Showing Results 1-19, Page 1 of 1

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 $1,200. Timbers at Tualatin has the second lowest priced unit, which is a Studio apartment currently listed from $1,288. Here are the most affordable Blue Heron apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Rolling Hills ApartmentsSuper Studio1BR,1BA$1,200
Timbers at TualatinPebbleStudio,1BA$1,288
Bonita Villa1 Bedroom 1 Bath1BR,1BA$1,348
Commons on the Tualatin RiverLewis1BR,1BA$1,485
Stonesthrow Apartments1B1BR,1BA$1,511

Best Value Apartments for Rent in Blue Heron, OR

As of December 05, 2025 the best value apartment in the Blue Heron area is the $1.92 price per square foot 2 Bedroom 2 Bath Model at Hampton Ridge Apartments in the in the Far Southwest Portland neighborhood starting from $1,790. The second greatest value Blue Heron apartment is the Plan B2A Model at Hunt Club starting at $1,745 with a $1.92 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.
Hampton Ridge Apartments2 Bedroom 2 Bath2BR,2BA$1.92
Hunt ClubPlan B2A2BR,2BA$1.92
Jackson Square2 Bedroom - 1 Bath2BR,1BA$1.88
Bonita Villa2 Bedroom 1 Bath2BR,1BA$1.99
ReNew LaurelwoodBarberry2BR,1BA$2.12
Stonesthrow Apartments1B1BR,1BA$2.10
Haven Lake Oswego1 Bed 1 Bath1BR,1BA$2.32
Eddyline at BridgeportResidence 21BR,1BA$2.49
Commons on the Tualatin RiverZig Zag1BR,1BA$2.53
Rolling Hills ApartmentsSuper Studio1BR,1BA$2.31

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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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 #14

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Best Local Schools in
Blue Heron, Lake Oswego, OR

School data provided by Great Schools

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

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $1,745.

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 $1,200, while the average apartment in Blue Heron costs $2,481.

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 3 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 $142 which is $2,339 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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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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!