Cheap Apartments for Rent in the Forest Highlands Neighborhood of Lake Oswego, OR from $1,100 (30 Rentals)

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

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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Sellwood 13
Studio to 1 Bedroom Apartments

Sellwood 13

8036 SE 13th AvePortland, OR 97202
Furnished
  • Utilities Included
  • Smoke Free
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Magnolia Park
1 to 2 Bedroom Apartments

Magnolia Park

7436 SW 5th AvePortland, OR 97219
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The Sellwood
1 to 2 Bedroom Apartments

The Sellwood

8072 SE 6th AvePortland, OR 97202
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SW Barbur Blvd
2 Bedroom Apartments

SW Barbur Blvd

SW Barbur BlvdPortland, OR 97219
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1645 SE Linn St
Studio Apartments

1645 SE Linn St

1645 SE Linn StPortland, OR 97202
Senior Living

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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The Spokane
1 to 2 Bedroom Apartments

The Spokane

610 SE Spokane StPortland, OR 97202
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Wheelhouse Lofts 2
Studio to 1 Bedroom Apartments

Wheelhouse Lofts 2

8124 SE 6th AvePortland, OR 97202

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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Wheel House Lofts
Studio to 1 Bedroom Apartments

Wheel House Lofts

8130 SE 6th AvePortland, OR 97202
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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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Moreland Terrace
2 Bedroom Apartments

Moreland Terrace

1625 SE Bidwell StPortland, OR 97202
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Lambert Lofts
1 Bedroom Apartments

Lambert Lofts

1311 SE Lambert StPortland, OR 97202

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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Showing Results 1-30, Page 1 of 1

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 The Morgan priced from $1,224. Nehalem 13 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,450. Here are the most affordable Forest Highlands apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
The MorganThe Morgan PDX StudioStudio,1BA$1,224
Nehalem 13One Bedroom1BR,1BA$1,450
Holm at Sellwood1x1F1BR,1BA$1,550
Steeple Townhomes1x11BR,1BA$2,095

Best Value Apartments for Rent in Forest Highlands, OR

As of January 24, 2026 the best value apartment in the Forest Highlands area is the $2.61 price per square foot 2x2.5 with Den Model at Steeple Townhomes in the in the Southeast Portland neighborhood starting from $2,995. The second greatest value Forest Highlands apartment is the 1626 Southeast Lexington Street Model at 1626 Southeast Lexington Street, Unit Unit 3 starting at $1,950 with a $2.40 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.
Steeple Townhomes2x2.5 with Den2BR,2.5BA$2.61
1626 Southeast Lexington Street, Unit Unit 31626 Southeast Lexington Street2BR,1BA$2.40
Nehalem 13One Bedroom1BR,1BA$2.70
Holm at Sellwood1x1A_L1BR,1BA$3.15
The MorganThe Morgan PDX StudioStudio ,1BA$2.78

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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Best Local Schools in
Forest Highlands, Lake Oswego, OR

School data provided by Great Schools

Frequently Asked Questions about Cheap Forest Highlands Apartments

How much is rent for a Cheap One Bedroom Forest Highlands Apartment?

The lowest price for a Cheap One Bedroom Forest Highlands Apartment is $1,450 at Nehalem 13.

What is the lowest price for a Cheap Two Bedroom Forest Highlands Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Forest Highlands is starting from $2,289 at The Morgan.

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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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.

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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.