Cheap Apartments for Rent in the Forest Highlands Neighborhood of Lake Oswego, OR from $1,100 (24 Rentals)

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

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.

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.

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Wheelhouse Lofts 2
Studio to 1 Bedroom Apartments

Wheelhouse Lofts 2

8124 SE 6th AvePortland, OR 97202
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Vista Manor
1 Bedroom Apartments

Vista Manor

1430 SW Moss StPortland, OR 97219
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Eastbank Quarters
1 to 2 Bedroom Apartments

Eastbank Quarters

686 SE Spokane StPortland, OR 97202
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Waverly Surf
1 to 2 Bedroom Apartments

Waverly Surf

602-764 SE Linn StPortland, OR 97202
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Sellwood 13
1 Bedroom Apartments

Sellwood 13

8036 SE 13th AvePortland, OR 97202
Furnished
  • Utilities Included
  • Smoke Free

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Forest Highlands, Lake Oswego, OR Local Guide

Cheapest Available Forest Highlands Apartments for Rent

 

The cheapest available apartment rental in the Forest Highlands area of Portland, OR is a Studio unit found at Sanctuary Apartments priced from $1,305. Overlook at the Willamette has the second lowest priced unit, which is a Studio apartment currently listed from $1,325. Here are the most affordable Forest Highlands apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Sanctuary ApartmentsHamilton AStudio,1BA$1,305
Overlook at the WillametteStudioStudio,1BA$1,325
Miramonte LodgeMorrisonStudio,1BA$1,345
tenin010BR/1.0BAStudio,1BA$1,345
Holm at SellwoodStudio AStudio,1BA$1,440

Best Value Apartments for Rent in Forest Highlands, OR

As of June 02, 2025 the best value apartment in the Forest Highlands area is the $3.00 price per square foot Plan E Model at Birnam Oaks at Waverley Greens in the in the Eastmoreland neighborhood starting from $2,950. The second greatest value Forest Highlands apartment is the The Morgan PDX C Model at The Morgan starting at $1,579 with a $2.16 price per square foot in the Southeast Portland neighborhood. Here is today’s list of the best values for Forest Highlands apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Birnam Oaks at Waverley GreensPlan E1BR,1BA$3.00
The MorganThe Morgan PDX C1BR,1BA$2.16
Seven AcresGoldenrod - Bldg 11BR,1BA$2.77
One JeffersonA11BR,1BA$2.85
Holm at Sellwood1x1B_L1BR,1BA$3.16
Overlook at the WillametteStudioStudio ,1BA$2.33
Axletree ApartmentsKelloggStudio ,1BA$2.76
Miramonte LodgeMorrisonStudio ,1BA$2.78
Henley PlaceThe MapleStudio ,1BA$3.11
Sanctuary ApartmentsHamilton AStudio ,1BA$2.98

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Pet Friendly Lifestyle
Forest Highlands, Lake Oswego, OR

Ranked #24

Among neighborhoods in Lake Oswego, OR for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap Forest Highlands Apartments

What is a cheap apartment in Forest Highlands?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Forest Highlands is under $1,684.

What is the price of a cheap apartment in Forest Highlands?

The cheapest apartment in Forest Highlands is Miramonte Lodge which is listed at $1,445, while the average apartment in Forest Highlands costs $4,500.

What types of apartments are the cheapest in Forest Highlands?

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 13 regular apartments in Forest Highlands 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 Forest Highlands?

Cheap apartments in Forest Highlands have an average cost of $235 which is $4,265 cheaper than the average rent for all rentals in Forest Highlands.

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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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.