
Cheap Homes for Rent in Forest Highlands Neighborhood of Lake Oswego, OR from $1,500 (3 Rentals)
Search the lowest-cost Homes 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.
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.

725 SE Tacoma St
Forest Highlands, Lake Oswego, OR Local Guide

How much does it cost to rent a home in Forest Highlands?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Forest Highlands 2 Bedroom Homes for Rent | $2,445 | $1,595 | $3,495 |
Forest Highlands 3 Bedroom Homes for Rent | $3,697 | $3,400 | $3,995 |
Forest Highlands 4 Bedroom Homes for Rent | $3,600 | $3,600 | $3,600 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Forest Highlands Neighborhood of Lake Oswego, OR.
Explore Lake Oswego
Forest Highlands, Lake Oswego, OR Local Guide
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Best Value Apartments for Rent in Forest Highlands, OR
As of October 23, 2025 the best value apartment in the Forest Highlands area is the $2.66 price per square foot 2x2 Model at Steeple Townhomes in the in the Southeast Portland neighborhood starting from $2,995. The second greatest value Forest Highlands apartment is the Plan D Model at Birnam Oaks at Waverley Greens starting at $3,700 with a $3.83 price per square foot in the Eastmoreland neighborhood. Here is today’s list of the best values for Forest Highlands apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Steeple Townhomes | 2x2 | 2BR,2BA | $2.66 |
Birnam Oaks at Waverley Greens | Plan D | 1BR,1BA | $3.83 |
1626 Southeast Lexington Street, Unit 3 | 1626 Southeast Lexington Street | 2BR,1BA | $2.46 |
1610 SW Freeman St, Unit Apt B | 1610 SW Freeman St | 1BR,1BA | $2.00 |
Fulton Park Apartments | Fulton 1 Bedroom Downstairs | 1BR,1BA | $2.08 |
Holm at Sellwood | 1x1A_L | 1BR,1BA | $3.35 |
tenin01 | 1BR/1.0BA | 1BR,1BA | $3.07 |
The Morgan | The Morgan PDX Studio | Studio ,1BA | $2.73 |
Nehalem 13 | Studio | Studio ,1BA | $3.66 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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 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.
Pet Friendly LifestyleForest Highlands, Lake Oswego, OR
Ranked #23
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Forest Highlands, Lake Oswego, OR
Capitol Hill Elementary School
School data provided by Great Schools
Frequently Asked Questions about Forest Highlands
What type of rentals are currently available in Forest Highlands?
There are currently 77 Apartments for Rent in Forest Highlands, OR with pricing that ranges from $1,205 to $5,550. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in Forest Highlands ranging from $1,595 to $3,995.
What is the current price range for Rental Homes in Forest Highlands?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Forest Highlands ranges from $1,595 to $3,995 with an average monthly rent of $3,247.
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.

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.

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!

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.