50 Northshore Rd
Lake OswegoOR97034
Cheap Apartments for Rent in the First Addition Neighborhood of Lake Oswego, OR from $800 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in the First Addition area of Lake Oswego.
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Rent Specials
$1,344 - $3,039
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Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,344 - $3,039
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Parkridge Apartments
215 Greenridge DrLake Oswego, OR 97035
47 Eagle Crest Dr
Lake OswegoOR97035
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$1,600 - $1,9501 Bedroom Apartments Available Now
Uptown at Lake Oswego
295 3rd StLake Oswego, OR 97034
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Studio to 3 Bedroom Apartments
Northshore Apartments
50 Northshore RdLake Oswego, OR 97034
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1 to 3 Bedroom Apartments
Mercy Greenbrae
3190 Furman DrLake Oswego, OR 97034
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Studio to 2 Bedroom Apartments
Bay Roc Apartments
667 McVey AveLake Oswego, OR 97034
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1 to 2 Bedroom Apartments
Peg Tree Apartments
141 Leonard StLake Oswego, OR 97034
Portland’s Best Affordable Neighborhoods
Learn about Portland and the best places to live with original content written by our Portland, OR Local Expert Chad Deitchley
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$1,050 - $1,637Studio to 2 Bedroom Apartments Available Now
Parkside Heights
3097 SE Meek StMilwaukie, OR 97222
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$1,185 - $1,275Studio to 1 Bedroom Apartments Available Now
Dutch Village Apartments
11345 SE 27th AvePortland, OR 97222
15032 SE Arista Dr
PortlandOR97267
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$1,2951 Bedroom Apartments Contact Us For Availability
Shorewood Terrace Apartments
11233 SE 27th AveMilwaukie, OR 97222
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$1,315 - $2,097Studio to 3 Bedroom Apartments Available Now
Overlook at the Willamette
12601 SE River RdMilwaukie, OR 97222
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$1,375 - $2,466Studio to 2 Bedroom Apartments Available Now
Miramonte Lodge
12200 SE McLoughlin BlvdMilwaukie, OR 97222
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$1,395 - $1,4951 to 2 Bedroom Apartments Contact Us For Availability
The Milwaukian
11275 SE 27th AveMilwaukie, OR 97222
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$1,425 - $1,5002 Bedroom Apartments Available Now
Lake Village and Lakewood Apartments
11850 SE 26th AvePortland, OR 97222
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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$1,428 - $1,772Studio to 1 Bedroom Apartments Available Now
Axletree Apartments
11125 SE 21st StMilwaukie, OR 97222
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Rent Specials
$1,445 - $3,014
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,445 - $3,014
Total Monthly Price
$1,445 - $3,014
Henley Place
10306 SE Main StMilwaukie, OR 97222
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$1,4952 Bedroom Apartment Available Sep 1
12331 SE Whitcomb Dr., Unit #2
12331 SE Whitcomb Dr.Milwaukie, OR 97222
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$1,625 - $1,7952 Bedroom Apartments Available Now
River Cliff Apartments
12505 SE River RdMilwaukie, OR 97222
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$1,6502 Bedroom Apartments Contact Us For Availability
Willamette Townhouse
3236 SE Harvey StPortland, OR 97222
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$1,6952 Bedroom Apartments Contact Us For Availability
Maple Grove Court
3025 SE Maple StMilwaukie, OR 97267
1404 SW Dickinson Ln
PortlandOR97219
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$1,7953 Bedroom Apartments Available Now
Driftwood Terrace
13455 SE Oatfield RdMilwaukie, OR 97222
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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1 to 2 Bedroom Apartments
Hillside Manor
10244 SE D StMilwaukie, OR 97222
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Studio to 3 Bedroom Apartments
Courtney Square
2660 SE Courtney RdPortland, OR 97222
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1 to 2 Bedroom Apartments
Stanford
2013 SE Courtney RdMilwaukie, OR 97222
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1 to 3 Bedroom Apartments
Park Hamlin - 2323 SE Harrison
2323 SE Harrison StMilwaukie, OR 97222
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1 to 3 Bedroom Apartments
Tara West Apartments
14303 SE Rupert DrMilwaukie, OR 97267
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1 to 2 Bedroom Apartments
North Main Village
10544 SE Main StMilwaukie, OR 97222
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1 to 2 Bedroom Apartments
Quail Ridge Apartments
2868 SE Lake RdMilwaukie, OR 97222
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1 to 2 Bedroom Apartments
Chestnut Place
12106 SE Lake RdMilwaukie, OR 97222
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
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.
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Studio to 3 Bedroom Apartments
Water's Edge Apartments
12730 SE McLoughlin BlvdMilwaukie, OR 97222
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1 to 4 Bedroom Apartments
Forest Ridge
12500-12600 SE River RdPortland, OR 97222
14832 SE Cedar Ave
MilwaukieOR97267
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2 Bedroom Apartments
15540 SE E Ave
15540 SE E AveMilwaukie, OR 97267
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2 to 4 Bedroom Apartments
Cherry Park Apartments - NK-2717M
2717 SE Chestnut StPortland, OR 97267
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1 to 2 Bedroom Apartments
Crystal Lake
10500 SE 26th AveMilwaukie, OR 97222
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2 Bedroom Apartments
Linden Terrace
13306 SE Linden LnMilwaukie, OR 97222
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Studio to 2 Bedroom Apartments
Banbury Apartments
1651 SE Lava DrMilwaukie, OR 97222
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.
3287 SE Maple St
PortlandOR97267
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1 to 3 Bedroom Apartments
Images Springcreek Apartments
2406 SE Harrison StMilwaukie, OR 97222
Showing Results 1-42, Page 1 of 1
First Addition, Lake Oswego, OR Local Guide
How much does it cost to rent an apartment in First Addition?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| First Addition Studio Apartments | $1,446 | $1,185 | $1,689 |
| First Addition 1 Bedroom Apartments | $1,906 | $1,275 | $3,130 |
| First Addition 2 Bedroom Apartments | $2,240 | $1,425 | $5,200 |
| First Addition 3 Bedroom Apartments | $2,285 | $1,795 | $2,555 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 42 rentals with your search options within a 2 mile radius of the First Addition Neighborhood of Lake Oswego, OR.
See all Apartments in Lake OswegoExplore Lake Oswego
First Addition, Lake Oswego, OR Local Guide
- Nearby Lake Oswego neighborhoods
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Cheapest Available First Addition Apartments for Rent
The cheapest available apartment rental in the First Addition area of Portland, OR is a 1 Bed unit found at Hillside Manor priced from $835. Parkside Heights has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. Here are the most affordable First Addition apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hillside Manor | 1x1 | 1BR,1BA | $835 |
| Parkside Heights | Studio | Studio,1BA | $1,050 |
| Dutch Village Apartments | 0BR/1.0BA | Studio,1BA | $1,185 |
| Park Hamlin - 2323 SE Harrison | 1BR/1.0BA | 1BR,1BA | $1,295 |
| Overlook at the Willamette | One Bedroom | 1BR,1BA | $1,425 |
| Lake Village and Lakewood Apartments | 2 X 1 no patio | 2BR,1BA | $1,425 |
| Axletree Apartments | KELLOGG 1 | Studio,1BA | $1,428 |
| Henley Place | The Maple | Studio,1BA | $1,445 |
| Miramonte Lodge | Marquam | 1BR,1BA | $1,555 |
| Linden Terrace | 2 bed 1 bath upper | 2BR,1BA | $1,599 |
Best Value Apartments for Rent in First Addition, OR
As of July 29, 2026 the best value apartment in the First Addition area is the $2.26 price per square foot 3 bed/2 bath Model at Parkridge Apartments in the in the Far Southwest Portland neighborhood starting from $2,859. The second greatest value First Addition apartment is the The Bluff 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 First Addition apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Parkridge Apartments | 3 bed/2 bath | 3BR,2BA | $2.26 |
| River Cliff Apartments | The Bluff | 2BR,1BA | $1.67 |
| Driftwood Terrace | 3x1 | 3BR,1BA | $1.89 |
| Linden Terrace | 2 bed 1 bath upper | 2BR,1BA | $2.05 |
| Lake Village and Lakewood Apartments | Fireplace units 2 X 1 | 2BR,1BA | $2.03 |
| Images Springcreek Apartments | 1BR | 1BR,1BA | $2.46 |
| Overlook at the Willamette | One Bedroom | 1BR,1BA | $2.08 |
| Miramonte Lodge | Marquam | 1BR,1BA | $2.30 |
| Park Hamlin - 2323 SE Harrison | 1BR/1.0BA | 1BR,1BA | $2.50 |
| Parkside Heights | Studio | Studio ,1BA | $2.24 |
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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Real 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.
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Best Local Schools in First Addition, Lake Oswego, OR
Forest Hills Elementary School
Lake Oswego School District 7j
Public School - Grades K-5 (389)
9 out of 10
Lake Oswego Senior High School
Lake Oswego School District 7j
Public School - Grades 9-12 (1282)
10 out of 10
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Southern Portland. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, transit availability, pet-friendly communities, family-friendliness, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap First Addition Apartments
What is the Cheapest Studio apartment in First Addition?
Currently the most affordable Cheap Studio Apartment in First Addition is at Parkside Heights listed at $1,050.
How much is rent for a Cheap One Bedroom First Addition Apartment?
The lowest price for a Cheap One Bedroom First Addition Apartment is $835 at Hillside Manor.
What is the lowest price for a Cheap Two Bedroom First Addition Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in First Addition is starting from $1,425 at Lake Village and Lakewood Apartments.
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.
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