Cheap Apartments for Rent in the Foothills Neighborhood of Lake Oswego, OR from $800 (27 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Foothills area of Lake Oswego.

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Northshore Apartments
Studio to 3 Bedroom Apartments

Northshore Apartments

50 Northshore RdLake Oswego, OR 97034
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Mercy Greenbrae
1 to 3 Bedroom Apartments

Mercy Greenbrae

3190 Furman DrLake Oswego, OR 97034
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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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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Courtney Square
Studio to 3 Bedroom Apartments

Courtney Square

2660 SE Courtney RdPortland, OR 97222
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Stanford
1 to 2 Bedroom Apartments

Stanford

2013 SE Courtney RdMilwaukie, OR 97222
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Dutch Village Apartments
Studio to 1 Bedroom Apartments

Dutch Village Apartments

11345 SE 27th AvePortland, OR 97222
  • Utilities Included

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.

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Shorewood Terrace
1 to 2 Bedroom Apartments

Shorewood Terrace

11233 SE 27th AveMilwaukie, OR 97222
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Quail Ridge Apartments
1 to 2 Bedroom Apartments

Quail Ridge Apartments

2868 SE Lake RdMilwaukie, OR 97222
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Chestnut Place
1 to 2 Bedroom Apartments

Chestnut Place

12106 SE Lake RdMilwaukie, OR 97222
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Forest Ridge
1 to 4 Bedroom Apartments

Forest Ridge

12600 SE River Rd SPortland, OR 97222

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.

Foothills, Lake Oswego, OR Local Guide

Cheapest Available Foothills Apartments for Rent

 

The cheapest available apartment rental in the Foothills area of Portland, OR is a 1 Bed unit found at Oak Grove Village Apartments priced from $1,225. Driftwood Terrace has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,250. Here are the most affordable Foothills apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Oak Grove Village Apartments1 Bed 1 Bath1BR,1BA$1,225
Driftwood Terrace1x11BR,1BA$1,250
Miramonte LodgeMorrisonStudio,1BA$1,255
North Main Village1 Bed 1 Bath1BR,1BA$1,291
Henley PlaceThe MapleStudio,1BA$1,295
Park Hamlin - 2323 SE Harrison1BR/1.0BA1BR,1BA$1,295
Axletree Apartments - City Vibes, Small Town SoulKELLOGG 1Studio,1BA$1,395
Lake Village2 X 1 No patio2BR,1BA$1,475
Concord CrossingOne Bedroom & One Bath1BR,1BA$1,495

Best Value Apartments for Rent in Foothills, OR

As of January 20, 2026 the best value apartment in the Foothills area is the $1.77 price per square foot 2BR/1.0BA Model at Images Springcreek Apartments in the in the Eastmoreland neighborhood starting from $1,795. The second greatest value Foothills 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 Foothills apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Images Springcreek Apartments2BR/1.0BA2BR,1BA$1.77
Tara West Apartments2 Bedroom / 1.0 Bath townhome2BR,1.5BA$1.59
12331 SE Whitcomb Dr., Unit Unit #212331 SE Whitcomb Dr.2BR,1.5BA$1.66
Village Monroe Apartments2 X 1 w/laundry in kitchen2BR,1BA$1.80
Oak Grove Terraces2 bed 1 bath upper2BR,1BA$2.05
Lake Village2x12BR,1BA$2.13
Concord CrossingOne Bedroom & One Bath1BR,1BA$2.07
Overlook at the WillametteOne Bedroom1BR,1BA$2.21
Driftwood Terrace1x11BR,1BA$1.92
North Main Village1 Bed 1 Bath1BR,1BA$2.08

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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The 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.

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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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Quick 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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Lifestyle Ratings

ApartmentHomeLiving.com is happy to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Lake Oswego. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, transit availability, pet-friendly communities, family-friendliness, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Foothills Apartments

What is a cheap apartment in Foothills?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Foothills is under $1,495.

What is the price of a cheap apartment in Foothills?

The cheapest apartment in Foothills is Oak Grove Village Apartments which is listed at $1,225, while the average apartment in Foothills costs $2,674.

What types of apartments are the cheapest in Foothills?

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 12 regular apartments in Foothills 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 Foothills?

Cheap apartments in Foothills have an average cost of $278 which is $2,396 cheaper than the average rent for all rentals in Foothills.

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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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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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.

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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.

Articles, How-To's, and Tips

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!