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$1,295 - $2,691
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Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,295 - $2,691
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Parkridge Apartments
215 Greenridge DrLake Oswego, OR 97035
Cheap Apartments for Rent in the First Addition Neighborhood of Lake Oswego, OR from $800 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in the First Addition area of Lake Oswego.
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$1,3991 Bedroom Apartments Available Now
667 McVey Ave, Unit 103
667 McVey AveLake Oswego, OR 97034
47 Eagle Crest Dr
Lake OswegoOR97035
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$1,600 - $2,1501 to 2 Bedroom Apartments Available Now
Uptown at Lake Oswego
295 3rd StLake Oswego, OR 97034
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$1,695
Total Monthly Price
1 Bedroom Apartment Available Jul 5Total Monthly Price
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$1,695
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$1,695
27 E Ave, Unit B
27 E AveLake Oswego, OR 97034
14267 Uplands Dr
Lake OswegoOR97034
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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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$1,150 - $1,637Studio to 2 Bedroom Apartments Available Now
Parkside Heights
3097 SE Meek StMilwaukie, 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.
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$1,2951 Bedroom Apartments Available Now
Shorewood Terrace Apartments
11233 SE 27th AveMilwaukie, OR 97222
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$1,325 - $2,165Studio to 3 Bedroom Apartments Available Now
Overlook at the Willamette
12601 SE River RdMilwaukie, OR 97222
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$1,395 - $1,4951 to 2 Bedroom Apartments Available Now
The Milwaukian
11275 SE 27th AveMilwaukie, OR 97222
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$1,420 - $2,360Studio to 2 Bedroom Apartments Available Now
Miramonte Lodge
12200 SE McLoughlin BlvdMilwaukie, OR 97222
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$1,425 - $3,4952 to 3 Bedroom Apartments Available Now
Lake Village
11850 SE 26th AvePortland, OR 97222
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Rent Specials
$1,445 - $3,694
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,445 - $3,694
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$1,445 - $3,694
Henley Place
10306 SE Main StMilwaukie, OR 97222
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$1,450Studio Apartments Available Jul 5
3309 SE Evergreen Ave, Unit 3309 SE Evergreen Ave
3309 SE Evergreen AveMilwaukie, OR 97222
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$1,5591 Bedroom Apartments Available Jul 12
Axletree Apartments
11125 SE 21st StMilwaukie, OR 97222
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$1,625 - $1,7952 Bedroom Apartments Available Jun 19
River Cliff Apartments
12505 SE River RdMilwaukie, OR 97222
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.
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$1,650 - $1,7502 Bedroom Apartments Available Now
Willamette Townhouse
3236 SE Harvey StPortland, OR 97222
1404 SW Dickinson Ln
PortlandOR97219
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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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Studio to 1 Bedroom Apartments
Dutch Village Apartments
11345 SE 27th AvePortland, OR 97222
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Studio to 3 Bedroom Apartments
Driftwood Terrace
13455 SE Oatfield RdMilwaukie, 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
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.
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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
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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
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1 to 3 Bedroom Apartments
Park Hamlin - 2323 SE Harrison
2323 SE Harrison StMilwaukie, 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
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.
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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
15566 SE Lark Ave
MilwaukieOR97267
3025 SE Maple St
PortlandOR97267
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2 Bedroom Apartments
Maple Grove Court
3025 SE Maple StMilwaukie, OR 97267
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1 to 3 Bedroom Apartments
Images Springcreek Apartments
2406 SE Harrison StMilwaukie, OR 97222
2952 SW Huber St
PortlandOR97219
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2 to 3 Bedroom Apartments
Arista Townhomes
14012-14026 SE Arista DrMilwaukie, OR 97267
14020 SE Arista Dr
MilwaukieOR97267
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.
Showing Results 1-45, 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 | $1,406 | $1,150 | $1,699 |
| First Addition 1 Bedroom Apartments | $1,925 | $1,195 | $3,130 |
| First Addition 2 Bedroom Apartments | $2,321 | $1,425 | $5,200 |
| First Addition 3 Bedroom Apartments | $2,812 | $2,525 | $3,495 |
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 45 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. Dutch Village Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,185. 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 |
| Dutch Village Apartments | 0x1 | Studio,1BA | $1,185 |
| Shorewood Terrace Apartments | 1 Bedroom Garden | 1BR,1BA | $1,195 |
| Overlook at the Willamette | Studio | Studio,1BA | $1,320 |
| Axletree Apartments | KELLOGG 1 | Studio,1BA | $1,325 |
| Parkside Heights | One Bedroom | 1BR,1BA | $1,367 |
| Miramonte Lodge | Morrison | Studio,1BA | $1,420 |
| 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 |
Best Value Apartments for Rent in First Addition, OR
As of June 14, 2026 the best value apartment in the First Addition area is the $2.33 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 First Addition apartment is the 2 Bedroom / 1.0 Bath townhome Model at Tara West Apartments starting at $1,600 with a $1.59 price per square foot in the Glenmorrie 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. |
|---|---|---|---|
| Lake Village | 3BR/2.0BA | 3BR,2BA | $2.33 |
| Tara West Apartments | 2 Bedroom / 1.0 Bath townhome | 2BR,1.5BA | $1.59 |
| Arista Townhomes | 2 Beds, 1.5 Baths | 2BR,1.5BA | $1.96 |
| Willamette Townhouse | 2x1 | 2BR,1BA | $1.84 |
| Maple Grove Court | 2x1 | 2BR,1BA | $1.88 |
| Parkridge Apartments | 2x1 | 2BR,1BA | $2.07 |
| 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 |
| Shorewood Terrace Apartments | 1 Bedroom Ground | 1BR,1BA | $1.90 |
| 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.
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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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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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Best Local Schools in First Addition, Lake Oswego, OR
Forest Hills Elementary School
Lake Oswego School District 7j
Public School - Grades K-5 (419)
8 out of 10
Lake Oswego Senior High School
Lake Oswego School District 7j
Public School - Grades 9-12 (1245)
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 Dutch Village Apartments listed at $1,185.
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.
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.
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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.
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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.
From Arts to Eats: A Local Insiders Guide to Living in Portland's Best Spots
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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.
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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.