
Cheap Apartments for Rent in the Evergreen Neighborhood of Lake Oswego, OR from $800 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in the Evergreen area of Lake Oswego.


Parkridge Apartments

Lake Village

15030 SE Arista Dr

15028 SE Arista 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.

Overlook at the Willamette

Axletree Apartments

Henley Place

Miramonte Lodge

12775 SE 25th Ave

3327 SE Maple St

Banbury Apartments
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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.

River Cliff Apartments

3334 SW Luradel St
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.

13455 SE Oatfield Rd
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

13283 SE Oatfield Rd
Evergreen, Lake Oswego, OR Local Guide

How much does it cost to rent an apartment in Evergreen?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Evergreen Studio Apartments | $1,361 | $1,050 | $1,578 |
| Evergreen 1 Bedroom Apartments | $1,873 | $1,195 | $3,700 |
| Evergreen 2 Bedroom Apartments | $2,586 | $1,395 | $5,768 |
| Evergreen 3 Bedroom Apartments | $2,790 | $2,195 | $3,385 |
Browse Apartments in this Neighborhood
There are currently 35 rentals with your search options within a 2 mile radius of the Evergreen Neighborhood of Lake Oswego, OR.
See all Apartments in Lake OswegoExplore Lake Oswego
Evergreen, Lake Oswego, OR Local Guide
- Nearby Lake Oswego neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Evergreen Apartments for Rent
 The cheapest available apartment rental in the Evergreen area of Portland, OR is a Studio unit found at Lake Village priced from $1,050. Park Hamlin - 2323 SE Harrison has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,295. Here are the most affordable Evergreen apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lake Village | 0x1 | Studio,1BA | $1,050 |
| Park Hamlin - 2323 SE Harrison | 1BR/1.0BA | 1BR,1BA | $1,295 |
| Overlook at the Willamette | Studio | Studio,1BA | $1,385 |
| Axletree Apartments | KELLOGG 3 | Studio,1BA | $1,385 |
| Driftwood Terrace | 2x1 | 2BR,1BA | $1,395 |
| Henley Place | The Maple | Studio,1BA | $1,445 |
| PARG -Risley & East Avenue | 2BR/1.5BA | 2BR,1BA | $1,475 |
| Miramonte Lodge | Marquam | 1BR,1BA | $1,490 |
| Banbury Apartments | One Bedroom/A | 1BR,1BA | $1,505 |
| Parkridge Apartments | 1 bed/1 bath | 1BR,1BA | $1,595 |
Best Value Apartments for Rent in Evergreen, OR
As of October 28, 2025 the best value apartment in the Evergreen area is the $1.34 price per square foot 2BR/1.5BA Model at PARG -Risley & East Avenue in the in the Glenmorrie neighborhood starting from $1,475. The second greatest value Evergreen apartment is the 2x1 Model at Parkridge Apartments starting at $1,981 with a $2.21 price per square foot in the Far Southwest Portland neighborhood. Here is today’s list of the best values for Evergreen apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| PARG -Risley & East Avenue | 2BR/1.5BA | 2BR,1.5BA | $1.34 |
| Parkridge Apartments | 2x1 | 2BR,1BA | $2.21 |
| Driftwood Terrace | 2x1 | 2BR,1BA | $1.74 |
| Images Springcreek Apartments | 1BR/1.0BA | 1BR,1BA | $2.39 |
| 1691 Parrish St, Unit Your home away from home | 1691 Parrish St | 1BR,1BA | $2.56 |
| Overlook at the Willamette | One Bedroom | 1BR,1BA | $2.45 |
| Miramonte Lodge | Marquam | 1BR,1BA | $2.20 |
| Banbury Apartments | One Bedroom/A | 1BR,1BA | $2.35 |
| Park Hamlin - 2323 SE Harrison | 1BR/1.0BA | 1BR,1BA | $2.50 |
| Lake Village | 0x1 | Studio ,1BA | $2.80 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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 ArticleThe 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.
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.
Pet Friendly LifestyleEvergreen, Lake Oswego, OR
Ranked #15
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Evergreen, Lake Oswego, OR
Forest Hills Elementary School
Lake Oswego Senior High School
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving.com works hard to bring you Lifestyle Ratings of neighborhoods, cities, and rental properties across Oregon including Evergreen, Lake Oswego, and the greater Portland area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and easy access to the parks, pet-friendly features, apartment communities for the kids, proximity to transit, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Getting Around the Evergreen Neighborhood in Lake Oswego, OR
Walk Score®
92 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
71 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
32 / 100
Some Transit
A few nearby public transportation options
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 Evergreen Apartments
What is a cheap apartment in Evergreen?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Evergreen is under $1,595.
What is the price of a cheap apartment in Evergreen?
The cheapest apartment in Evergreen is Park Hamlin - 2323 SE Harrison which is listed at $1,295, while the average apartment in Evergreen costs $2,790.
What types of apartments are the cheapest in Evergreen?
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 5 regular apartments in Evergreen that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.


















