
Cheap Apartments for Rent in the Evergreen Neighborhood of Lake Oswego, OR from $800 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in the Evergreen area of Lake Oswego.


667 McVey Ave

47 Eagle Crest Dr

Uptown at Lake Oswego

Total Monthly Price
27 E Ave, Unit B

Northshore Apartments

Mercy Greenbrae

Parkside Heights
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.

Shorewood Terrace Apartments

Miramonte Lodge

The Milwaukian

Lake Village

3309 SE Evergreen Ave, Unit 3309 SE Evergreen Ave

Total Monthly Price
Henley Place

3334 SW Luradel St

Overlook at the Willamette
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.

River Cliff Apartments

Axletree Apartments

Hillside Manor

Courtney Square

Stanford

Dutch Village Apartments

Park Hamlin - 2323 SE Harrison

Driftwood Terrace
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.

Tara West Apartments

North Main Village

Quail Ridge Apartments

Chestnut Place

Water's Edge Apartments

Forest Ridge

14832 SE Cedar Ave

15540 SE E Ave
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.

Cherry Park Apartments - NK-2717M

Crystal Lake

Linden Terrace

Banbury Apartments

15566 SE Lark Ave

3025 SE Maple St

Maple Grove Court

Images Springcreek Apartments
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Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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 | $1,422 | $1,150 | $1,699 |
| Evergreen 1 Bedroom Apartments | $1,965 | $1,295 | $3,130 |
| Evergreen 2 Bedroom Apartments | $2,342 | $1,425 | $5,200 |
| Evergreen 3 Bedroom Apartments | $3,628 | $2,525 | $5,803 |
Browse Apartments in this Neighborhood
There are currently 40 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
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Cheapest Available Evergreen Apartments for Rent
 The cheapest available apartment rental in the Evergreen area of Portland, OR is a 1 Bed unit found at Hillside Manor priced from $835. Dutch Village Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,185. Here are the most affordable Evergreen apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hillside Manor | 1x1 | 1BR,1BA | $835 |
| Dutch Village Apartments | 0x1 | Studio,1BA | $1,185 |
| Park Hamlin - 2323 SE Harrison | 1BR/1.0BA | 1BR,1BA | $1,295 |
| Parkside Heights | One Bedroom | 1BR,1BA | $1,367 |
| Lake Village | 2 X 1 | 2BR,1BA | $1,425 |
| The Milwaukian | 2 Bedroom | 2BR,1BA | $1,495 |
| Henley Place | The Maple | Studio,1BA | $1,499 |
| Overlook at the Willamette | One Bedroom | 1BR,1BA | $1,550 |
| Miramonte Lodge | Marquam | 1BR,1BA | $1,595 |
| Uptown at Lake Oswego | (295) 1BR (700sq ft #1, 4, 8, 10, 12) | 1BR,1BA | $1,600 |
Best Value Apartments for Rent in Evergreen, OR
As of June 20, 2026 the best value apartment in the Evergreen area is the $2.19 price per square foot 3BR/2.0BA Model at Lake Village in the in the Foothills neighborhood starting from $3,495. The second greatest value Evergreen apartment is the Layout A Model at River Cliff Apartments starting at $1,625 with a $1.67 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lake Village | 3BR/2.0BA | 3BR,2BA | $2.19 |
| River Cliff Apartments | Layout A | 2BR,1BA | $1.67 |
| Arista Townhomes | 2 Beds, 1.5 Baths | 2BR,1.5BA | $1.96 |
| Maple Grove Court | 2x1 | 2BR,1BA | $1.88 |
| Parkridge Apartments | 2x1 | 2BR,1BA | $2.18 |
| Uptown at Lake Oswego | (295) 1BR (700sq ft #1, 4, 8, 10, 12) | 1BR,1BA | $2.29 |
| Parkside Heights | One Bedroom | 1BR,1BA | $1.98 |
| Overlook at the Willamette | One Bedroom | 1BR,1BA | $2.26 |
| Miramonte Lodge | Marquam | 1BR,1BA | $2.36 |
| The Milwaukian | 2 Bedroom | 2BR,1BA | $2.30 |
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 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!
Frequently Asked Questions about Cheap Evergreen Apartments
How much is rent for a Cheap One Bedroom Evergreen Apartment?
The lowest price for a Cheap One Bedroom Evergreen Apartment is $835 at Hillside Manor.
What is the lowest price for a Cheap Two Bedroom Evergreen Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Evergreen is starting from $1,425 at Lake Village.
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

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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
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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
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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units
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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.