Cheap Apartments for Rent in the Evergreen Neighborhood of Lake Oswego, OR from $600 (33 Rentals)

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

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Northshore Apartments
Studio to 3 Bedroom Apartments

Northshore Apartments

50 Northshore RdLake Oswego, OR 97034
  • Utilities Included

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.

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.

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Courtney Square
1 to 2 Bedroom Apartments

Courtney Square

2660 SE Courtney RdPortland, OR 97222
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Stanford
2 Bedroom Apartments

Stanford

2013 SE Courtney RdMilwaukie, OR 97222
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North Main Village
1 to 2 Bedroom Apartments

North Main Village

10558-10560 SE Main StMilwaukie, OR 97222
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Shorewood Terrace
1 Bedroom Apartments

Shorewood Terrace

11233 SE 27th AveMilwaukie, OR 97222
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Quail Ridge Apartments
1 to 2 Bedroom Apartments

Quail Ridge Apartments

2868 SE Lake RdMilwaukie, OR 97222
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Chestnut Place
1 to 2 Bedroom Apartments

Chestnut Place

12106 SE Lake RdMilwaukie, OR 97222
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Crystal Lake
1 to 2 Bedroom Apartments

Crystal Lake

10500 SE 26th AveMilwaukie, OR 97222
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Forest Ridge
2 Bedroom Apartments

Forest Ridge

12600 SE River Rd SPortland, OR 97222

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Maple Grove Court
2 Bedroom Apartments

Maple Grove Court

3025 SE Maple StMilwaukie, OR 97267

Evergreen, Lake Oswego, OR Local Guide

Cheapest Available Evergreen Apartments for Rent

 

The cheapest available apartment rental in the Evergreen area of Portland, OR is a Studio unit found at Miramonte Lodge priced from $1,220. Overlook at the Willamette has the second lowest priced unit, which is a Studio apartment currently listed from $1,325. Here are the most affordable Evergreen apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Miramonte LodgeMorrisonStudio,1BA$1,220
Overlook at the WillametteStudioStudio,1BA$1,325
Axletree ApartmentsKelloggStudio,1BA$1,403
Holm at SellwoodStudio AStudio,1BA$1,440
Lake Village2x12BR,1BA$1,450
Seven AcresCurrant - Bldg 1Studio,1BA$1,460
Henley PlaceThe MapleStudio,1BA$1,470
Banbury ApartmentsOne Bedroom/A1BR,1BA$1,505
Parkridge Apartments1 bed/1 bath1BR,1BA$1,520
One JeffersonA41BR,1BA$1,542

Best Value Apartments for Rent in Evergreen, OR

As of June 14, 2025 the best value apartment in the Evergreen area is the $2.07 price per square foot 3BR/2.0BA Model at Images Springcreek Apartments in the in the Eastmoreland neighborhood starting from $2,495. The second greatest value Evergreen apartment is the Layout A Model at River Cliff Apartments starting at $1,550 with a $1.59 price per square foot in the Foothills neighborhood. Here is today’s list of the best values for Evergreen apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Images Springcreek Apartments3BR/2.0BA3BR,2BA$2.07
River Cliff ApartmentsLayout A2BR,1BA$1.59
Oswego Pointe1 Bed 1 Bath1BR,1BA$2.20
Parkridge Apartments1 loft small1BR,1BA$2.11
Lake Village2x12BR,1BA$1.96
Banbury ApartmentsOne Bedroom/A1BR,1BA$2.35
Dutch Village Apartments1x11BR,1BA$2.24
Overlook at the WillametteStudioStudio ,1BA$2.32
Axletree ApartmentsKelloggStudio ,1BA$2.67
Miramonte LodgeMorrisonStudio ,1BA$2.50

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
Evergreen, Lake Oswego, OR

Ranked #17

Among neighborhoods in Lake Oswego, OR for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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

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 $1,542.

What is the price of a cheap apartment in Evergreen?

The cheapest apartment in Evergreen is Miramonte Lodge which is listed at $1,445, while the average apartment in Evergreen costs $4,100.

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 16 regular apartments in Evergreen 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 Evergreen?

Cheap apartments in Evergreen have an average cost of $190 which is $3,910 cheaper than the average rent for all rentals in Evergreen.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.