
Cheap Apartments for Rent in the Evergreen Neighborhood of Lake Oswego, OR from $800 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in the Evergreen area of Lake Oswego.


50 Northshore Rd

Uptown at Lake Oswego

477-479 6th St

Northshore Apartments

Mercy Greenbrae

47 Eagle Crest Dr

Bay Roc 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.

Miramonte Lodge

Parkside Heights

Driftwood Terrace

Shorewood Terrace Apartments

Lake Village and Lakewood Apartments

The Milwaukian

Axletree Apartments

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.

Total Monthly Price
Henley Place

3334 SW Luradel St

River Cliff Apartments

1404 SW Dickinson Ln

Hillside Manor

Courtney Square

Stanford

Dutch Village Apartments
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.

North Main Village

12578 SE 27th Ave

Tara West Apartments

Quail Ridge Apartments

Chestnut Place

Water's Edge Apartments

Forest Ridge

Park Hamlin - 2323 SE Harrison
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.

15540 SE E Ave

Crystal Lake

Cherry Park Apartments - NK-2717M

13455 SE Oatfield Rd

14832 SE Cedar Ave

3725 SE Jackson St

Maple Grove Court

Linden Terrace
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.

Banbury Apartments

Images Springcreek Apartments

14020 SE Arista Dr
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 | $1,380 | $1,165 | $1,679 |
| Evergreen 1 Bedroom Apartments | $1,827 | $1,250 | $3,285 |
| Evergreen 2 Bedroom Apartments | $2,493 | $1,425 | $7,945 |
| Evergreen 3 Bedroom Apartments | $3,376 | $2,250 | $6,220 |
Browse Apartments in this Neighborhood
There are currently 43 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
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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 |
| Miramonte Lodge | Morrison | Studio,1BA | $1,270 |
| Shorewood Terrace Apartments | 1 Bedroom Vaulted | 1BR,1BA | $1,395 |
| Lake Village and Lakewood Apartments | 2 X 1 | 2BR,1BA | $1,425 |
| Parkridge Apartments | Studio | Studio,1BA | $1,455 |
| Driftwood Terrace | 2x1 | 2BR,1BA | $1,495 |
| The Milwaukian | 2 Bedroom | 2BR,1BA | $1,495 |
| Axletree Apartments | LEWELLING 2 | 1BR,1BA | $1,499 |
| Overlook at the Willamette | One Bedroom | 1BR,1BA | $1,520 |
Best Value Apartments for Rent in Evergreen, OR
As of May 06, 2026 the best value apartment in the Evergreen area is the $2.27 price per square foot 14813 SE Arista Dr Model at 14813 SE Arista Dr, Unit 14813 in the in the Glenmorrie neighborhood starting from $2,395. The second greatest value Evergreen apartment is the (250) 1BR Updated (840sq ft #46) Model at Uptown at Lake Oswego starting at $1,875 with a $2.23 price per square foot in the Glenmorrie 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. |
|---|---|---|---|
| 14813 SE Arista Dr, Unit 14813 | 14813 SE Arista Dr | 3BR,2BA | $2.27 |
| Uptown at Lake Oswego | (250) 1BR Updated (840sq ft #46) | 1BR,1BA | $2.23 |
| Driftwood Terrace | 2x1 | 2BR,1BA | $1.87 |
| Lake Village and Lakewood Apartments | 2x1 | 2BR,1BA | $1.99 |
| Overlook at the Willamette | One Bedroom | 1BR,1BA | $2.22 |
| Shorewood Terrace Apartments | 1 Bedroom Ground | 1BR,1BA | $2.05 |
| Axletree Apartments | SWEETLAND 3 | 1BR,1BA | $2.48 |
| The Milwaukian | 2 Bedroom | 2BR,1BA | $2.30 |
| Miramonte Lodge | Morrison | Studio ,1BA | $2.62 |
| Dutch Village Apartments | 0x1 | Studio ,1BA | $2.63 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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 ArticleCash 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.
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
What is the price of a cheap apartment in Evergreen?
The cheapest apartment in Evergreen is Hillside Manor which is listed at $835, while the average apartment in Evergreen costs $2,395.
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 11 regular apartments in Evergreen that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

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.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.