Cheap Apartments for Rent in the Foothills Neighborhood of Lake Oswego, OR from $800 (30 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
  • Utilities Included
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Mercy Greenbrae
1 to 3 Bedroom Apartments

Mercy Greenbrae

3190 Furman DrLake Oswego, OR 97034
  • Utilities Included

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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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

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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Shorewood Terrace
1 to 2 Bedroom Apartments

Shorewood Terrace

11233 SE 27th AveMilwaukie, OR 97222
  • Utilities Included
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Chestnut Place
1 to 2 Bedroom Apartments

Chestnut Place

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

Forest Ridge

12600 SE River Rd SPortland, OR 97222

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.

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 Studio unit found at Lake Village priced from $1,100. Park Hamlin - 2323 SE Harrison has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,295. Here are the most affordable Foothills apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Lake Village0x1Studio,1BA$1,100
Park Hamlin - 2323 SE Harrison1BR/1.0BA1BR,1BA$1,295
Overlook at the WillametteStudioStudio,1BA$1,360
Axletree ApartmentsKELLOGG 3Studio,1BA$1,385
Driftwood Terrace2x12BR,1BA$1,395
Henley PlaceThe MapleStudio,1BA$1,435
Concord CrossingOne Bedroom & One Bath1BR,1BA$1,450
Seven AcresCurrant - Bldg 1Studio,1BA$1,460
PARG -Risley & East Avenue2BR/1.5BA2BR,1BA$1,475
Miramonte LodgeMarquam1BR,1BA$1,490

Best Value Apartments for Rent in Foothills, OR

As of October 22, 2025 the best value apartment in the Foothills area is the $1.34 price per square foot 2BR/1.5BA Model at PARG -Risley & East Avenue in the in the Glenmorrie neighborhood starting from $1,475. 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.
PARG -Risley & East Avenue2BR/1.5BA2BR,1.5BA$1.34
Tara West Apartments2 Bedroom / 1.0 Bath townhome2BR,1.5BA$1.59
Village Monroe Apartments2x12BR,1BA$1.89
Oak Grove Village Apartments2 Bedroom 1 Bath Townhome2BR,1BA$1.86
Driftwood Terrace2x12BR,1BA$1.74
Concord CrossingOne Bedroom & One Bath1BR,1BA$2.01
Images Springcreek Apartments1BR/1.0BA1BR,1BA$2.39
Miramonte LodgeMarquam1BR,1BA$2.20
Banbury ApartmentsOne Bedroom/A1BR,1BA$2.35
Overlook at the WillametteStudioStudio ,1BA$2.39

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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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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Pet Friendly Lifestyle
Foothills, Lake Oswego, OR

Ranked #15

Among cities in Oregon for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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!

Getting Around the Foothills Neighborhood in Lake Oswego, OR

Walk Score®

74 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

66 / 100

Bikeable

Some bike infrastructure

Transit Score®

32 / 100

Some Transit

A few nearby public transportation options

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 $1,490.

What is the price of a cheap apartment in Foothills?

The cheapest apartment in Foothills is Park Hamlin - 2323 SE Harrison which is listed at $1,295, 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 6 regular apartments in Foothills that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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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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! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.