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$1,165 - $2,076
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$1,165 - $2,076
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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.
50 Northshore Rd
Lake OswegoOR97034
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$1,450 - $1,8751 to 2 Bedroom Apartments Available Now
Uptown at Lake Oswego
295 3rd StLake Oswego, OR 97034
477-479 6th St
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
47 Eagle Crest Dr
Lake OswegoOR97035
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Studio to 2 Bedroom Apartments
Bay Roc Apartments
667 McVey AveLake Oswego, OR 97034
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$1,215 - $2,837Studio to 3 Bedroom Apartments Available Now
Overlook at the Willamette
12601 SE River RdMilwaukie, 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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$1,278 - $1,637Studio to 3 Bedroom Apartments Contact Us For Availability
Parkside Heights
3097 SE Meek StMilwaukie, OR 97222
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$1,295
Total Monthly Price
1 Bedroom Apartment Available NowTotal Monthly Price
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$1,295
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$1,295
3220 SE Rockwood St, Unit 3220, Unit 3220
3220 SE Rockwood StMilwaukie, OR 97222
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$1,295 - $1,4951 to 2 Bedroom Apartments Available Now
Driftwood Terrace
13455 SE Oatfield RdMilwaukie, OR 97222
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$1,300 - $2,164Studio to 2 Bedroom Apartments Available Now
Miramonte Lodge
12200 SE McLoughlin BlvdMilwaukie, OR 97222
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$1,3951 Bedroom Apartments Available Now
Shorewood Terrace Apartments
11233 SE 27th AveMilwaukie, OR 97222
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$1,425 - $1,5502 Bedroom Apartments Available Now
Lake Village and Lakewood Apartments
11850 SE 26th AvePortland, OR 97222
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$1,4952 Bedroom Apartments Available Now
The Milwaukian
11275 SE 27th AveMilwaukie, OR 97222
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$1,499 - $1,6721 Bedroom Apartments Available Now
Axletree Apartments
11125 SE 21st StMilwaukie, OR 97222
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$1,544 - $2,724Studio to 2 Bedroom Apartments Available Now
Henley Place
10306 SE Main StMilwaukie, 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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$1,595 - $1,7952 Bedroom Apartments Contact Us For Availability
River Cliff Apartments
12505 SE River RdMilwaukie, OR 97222
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$1,6952 Bedroom Apartments Available May 7
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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1 to 2 Bedroom Apartments
North Main Village
10544 SE Main StMilwaukie, OR 97222
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1 to 3 Bedroom Apartments
Tara West Apartments
14303 SE Rupert DrMilwaukie, OR 97267
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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1 to 2 Bedroom Apartments
Chestnut Place
12106 SE Lake RdMilwaukie, OR 97222
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1 to 2 Bedroom Apartments
Quail Ridge Apartments
2868 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
12600 SE River Rd SPortland, OR 97222
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1 to 3 Bedroom Apartments
Park Hamlin - 2323 SE Harrison
2323 SE Harrison StMilwaukie, OR 97222
12578 SE 27th Ave
Oak GroveOR97222
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2 Bedroom Apartments
15540 SE E Ave
15540 SE E AveMilwaukie, OR 97267
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1 to 2 Bedroom Apartments
Crystal Lake
10500 SE 26th AveMilwaukie, OR 97222
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2 to 4 Bedroom Apartments
Cherry Park Apartments - NK-2717M
2717 SE Chestnut StPortland, OR 97267
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.
14832 SE Cedar Ave
MilwaukieOR97267
13455 SE Oatfield Rd
Oak GroveOR97222
3725 SE Jackson St
MilwaukieOR97222
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2 Bedroom Apartments
Maple Grove Court
3025 SE Maple StMilwaukie, OR 97267
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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
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1 to 3 Bedroom Apartments
Images Springcreek Apartments
2406 SE Harrison StMilwaukie, OR 97222
15566 SE Lark Ave
MilwaukieOR97267
14020 SE Arista Dr
MilwaukieOR97267
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.
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 | $1,387 | $1,165 | $1,629 |
| First Addition 1 Bedroom Apartments | $1,791 | $1,250 | $3,455 |
| First Addition 2 Bedroom Apartments | $2,635 | $1,425 | $7,680 |
| First Addition 3 Bedroom Apartments | $3,566 | $2,350 | $5,955 |
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
- Nearby Cities
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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 |
| Miramonte Lodge | Morrison | Studio,1BA | $1,300 |
| Park Hamlin - 2323 SE Harrison | 1BR/1.0BA | 1BR,1BA | $1,395 |
| 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 | $1,430 |
| Uptown at Lake Oswego | (258) 1BR (#51-#1 thru #55-5, #60-10 thru #62-1... | 1BR,1BA | $1,450 |
| Overlook at the Willamette | One Bedroom | 1BR,1BA | $1,475 |
Best Value Apartments for Rent in First Addition, OR
As of April 29, 2026 the best value apartment in the First Addition area is the $2.07 price per square foot 3BR Model at Images Springcreek Apartments in the in the Eastmoreland neighborhood starting from $2,495. The second greatest value First Addition apartment is the 14813 SE Arista Dr Model at 14813 SE Arista Dr, Unit 14813 starting at $2,395 with a $2.27 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. |
|---|---|---|---|
| Images Springcreek Apartments | 3BR | 3BR,2BA | $2.07 |
| 14813 SE Arista Dr, Unit 14813 | 14813 SE Arista Dr | 3BR,2BA | $2.27 |
| Overlook at the Willamette | Three Bedroom | 3BR,2BA | $2.24 |
| Tara West Apartments | 2 Bedroom / 1.0 Bath townhome | 2BR,1.5BA | $1.59 |
| Driftwood Terrace | 2x1 | 2BR,1BA | $1.87 |
| Lake Village and Lakewood Apartments | 2x1 | 2BR,1BA | $1.99 |
| 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 |
| Uptown at Lake Oswego | (258) 1BR (#51-#1 thru #55-5, #60-10 thru #62-1... | 1BR,1BA | $2.59 |
10 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.
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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 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.
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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 price of a cheap apartment in First Addition?
The cheapest apartment in First Addition is Hillside Manor which is listed at $835, while the average apartment in First Addition costs $2,395.
What types of apartments are the cheapest in First Addition?
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 10 regular apartments in First Addition 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 First Addition?
Cheap apartments in First Addition have an average cost of $399 which is $1,996 cheaper than the average rent for all rentals in First Addition.
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
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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.
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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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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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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.
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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.
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Renting your next home can feel thrilling and overwhelming at the same time.