
Cheap Apartments for Rent in the Foothills Neighborhood of Lake Oswego, OR from $800 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in the Foothills area of Lake Oswego.


Uptown at Lake Oswego

477-479 6th St

Northshore Apartments

Mercy Greenbrae

Bay Roc Apartments

Overlook at the Willamette

Driftwood Terrace

Miramonte Lodge
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.

Shorewood Terrace Apartments

Lake Village and Lakewood Apartments

Seven Acres

The Milwaukian

Axletree Apartments

3725-3727 SE Jackson St

Henley Place

River Cliff Apartments

3414-3418 SE Vineyard Rd
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.

Concord Crossing

1404 SW Dickinson Ln

Courtney Square

Stanford

Dutch Village Apartments

Oak Grove Village Apartments

North Main Village

Tara West Apartments

Chestnut Place
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.

Quail Ridge Apartments

Water's Edge Apartments

Forest Ridge

Park Hamlin - 2323 SE Harrison

12578 SE 27th Ave

15540 SE E Ave

Cherry Park Apartments - NK-2717M

14832 SE Cedar Ave

13455 SE Oatfield Rd
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.

3725 SE Jackson St

Village Monroe Apartments

Maple Grove Court

Linden Terrace

Banbury Apartments

Hidden Village Apartment Homes

Images Springcreek Apartments

15566 SE Lark Ave

14020 SE Arista Dr
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

How much does it cost to rent an apartment in Foothills?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Foothills Studio Apartments | $1,414 | $1,235 | $1,629 |
| Foothills 1 Bedroom Apartments | $1,817 | $1,250 | $3,455 |
| Foothills 2 Bedroom Apartments | $2,650 | $1,425 | $7,680 |
| Foothills 3 Bedroom Apartments | $3,299 | $2,350 | $5,955 |
Browse Apartments in this Neighborhood
There are currently 45 rentals with your search options within a 2 mile radius of the Foothills Neighborhood of Lake Oswego, OR.
See all Apartments in Lake OswegoExplore Lake Oswego
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 Studio unit found at Dutch Village Apartments priced from $1,185. Miramonte Lodge has the second lowest priced unit, which is a Studio apartment currently listed from $1,300. Here are the most affordable Foothills apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Dutch Village Apartments | 0x1 | Studio,1BA | $1,185 |
| Miramonte Lodge | Morrison | Studio,1BA | $1,300 |
| Shorewood Terrace Apartments | 1 Bedroom Vaulted | 1BR,1BA | $1,395 |
| Park Hamlin - 2323 SE Harrison | 1BR/1.0BA | 1BR,1BA | $1,395 |
| Lake Village and Lakewood Apartments | 2 X 1 | 2BR,1BA | $1,425 |
| 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 |
| Driftwood Terrace | 2x1 | 2BR,1BA | $1,495 |
| The Milwaukian | 2 Bedroom | 2BR,1BA | $1,495 |
| Axletree Apartments | LEWELLING 2 | 1BR,1BA | $1,499 |
Best Value Apartments for Rent in Foothills, OR
As of April 28, 2026 the best value apartment in the Foothills 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 Foothills 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 Foothills 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 |
| Concord Crossing | One Bedroom & One Bath | 1BR,1BA | $2.24 |
| 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 |
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.
Read ArticleDon'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.
Best Local Schools in Foothills, Lake Oswego, OR
School data provided by Great Schools
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 the price of a cheap apartment in Foothills?
The cheapest apartment in Foothills is Shorewood Terrace Apartments which is listed at $1,395, while the average apartment in Foothills costs $2,899.
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 10 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 $372 which is $2,527 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.

From Arts to Eats: A Local Insiders Guide to Living in Portland's Best Spots
Written by: Chad Deitchley
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.
Articles, How-To's, and Tips

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.

Maximizing Your Refund: Essential Tax Tips for Renters
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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.