
Cheap Apartments for Rent in the Foothills Neighborhood of Lake Oswego, OR from $800 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in the Foothills area of Lake Oswego.


477-479 6th St

Northshore Apartments

Mercy Greenbrae

Driftwood Terrace

Miramonte Lodge
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.

North Main Village

Henley Place

Axletree Apartments - City Vibes, Small Town Soul

Lake Village

12331 SE Whitcomb Dr., Unit Unit #2

3323 SE Maple St
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.

Concord Crossing

Courtney Square

Stanford

Oak Grove Village Apartments

Dutch Village Apartments

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.

Tara West Apartments

Shorewood Terrace

Quail Ridge Apartments

Chestnut Place

Water's Edge Apartments

Forest Ridge
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.

The Milwaukian Apartments

PARG -Risley & East Avenue

Cherry Park Apartments - NK-2717M
Foothills, Lake Oswego, OR Local Guide

How much does it cost to rent an apartment in Foothills?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Foothills Studio Apartments | $1,382 | $1,125 | $1,740 |
| Foothills 1 Bedroom Apartments | $1,815 | $1,250 | $3,565 |
| Foothills 2 Bedroom Apartments | $2,357 | $1,475 | $5,305 |
| Foothills 3 Bedroom Apartments | $3,437 | $2,395 | $6,005 |
Browse Apartments in this Neighborhood
There are currently 27 rentals with your search options within a 2 mile radius of the Foothills Neighborhood of Lake Oswego, OR.
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Foothills, Lake Oswego, OR Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oak Grove Village Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,225 |
| Driftwood Terrace | 1x1 | 1BR,1BA | $1,250 |
| Miramonte Lodge | Morrison | Studio,1BA | $1,255 |
| North Main Village | 1 Bed 1 Bath | 1BR,1BA | $1,291 |
| Henley Place | The Maple | Studio,1BA | $1,295 |
| Park Hamlin - 2323 SE Harrison | 1BR/1.0BA | 1BR,1BA | $1,295 |
| Axletree Apartments - City Vibes, Small Town Soul | KELLOGG 1 | Studio,1BA | $1,395 |
| Lake Village | 2 X 1 No patio | 2BR,1BA | $1,475 |
| Concord Crossing | One Bedroom & One Bath | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Images Springcreek Apartments | 2BR/1.0BA | 2BR,1BA | $1.77 |
| Tara West Apartments | 2 Bedroom / 1.0 Bath townhome | 2BR,1.5BA | $1.59 |
| 12331 SE Whitcomb Dr., Unit Unit #2 | 12331 SE Whitcomb Dr. | 2BR,1.5BA | $1.66 |
| Village Monroe Apartments | 2 X 1 w/laundry in kitchen | 2BR,1BA | $1.80 |
| Oak Grove Terraces | 2 bed 1 bath upper | 2BR,1BA | $2.05 |
| Lake Village | 2x1 | 2BR,1BA | $2.13 |
| Concord Crossing | One Bedroom & One Bath | 1BR,1BA | $2.07 |
| Overlook at the Willamette | One Bedroom | 1BR,1BA | $2.21 |
| Driftwood Terrace | 1x1 | 1BR,1BA | $1.92 |
| North Main Village | 1 Bed 1 Bath | 1BR,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.
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.
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

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.
Articles, How-To's, and Tips

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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!