
Cheap Homes for Rent in Lake Oswego, OR from $1,200 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Lake Oswego.


12345 SW Hall Blvd

3417 SW Moss St

8332 SW 21st Ave

7582 SW Hunziker 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.

13455 SE Oatfield Rd

3334 SW Luradel St

3025 SE Maple St
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.

15515 SE River Forest Dr

8829-8833 SE 16th Ave

2952 SW Huber St

20910 Fawn Ct
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.

4000 Carman Dr

14267 Uplands Dr

44 Eagle Crest Dr, Unit 7
Lake Oswego, OR Local Guide

How much does it cost to rent a home in Lake Oswego?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lake Oswego 2 Bedroom Homes for Rent | $2,268 | $1,245 | $3,500 |
Lake Oswego 3 Bedroom Homes for Rent | $3,174 | $1,895 | $7,200 |
Lake Oswego 4 Bedroom Homes for Rent | $3,805 | $2,700 | $5,800 |
Lake Oswego 5 Bedroom Homes for Rent | $4,117 | $3,619 | $4,550 |
Browse Top Homes for Rent in Lake Oswego
Explore Lake Oswego
Lake Oswego, OR Local Guide
- Lake Oswego Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Lake Oswego, OR
Pricing Updated: 09/09/2025Current apartment rentals in the Lake Oswego, OR area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Lake Oswego Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Oldtown | $2,427 | $1,218 | 78 |
Cheapest Available Lake Oswego Apartments for Rent
 The cheapest available apartment rental in Lake Oswego, OR is a 1 Bed unit found at Rolling Hills Apartments in the Childs neighborhood priced from $1,185. Oak Grove Village Apartments in the Glenmorrie neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,225. Here is today’s list of the most affordable Lake Oswego apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Rolling Hills Apartments | Super Studio | 1BR,1BA | $1,185 |
Oak Grove Village Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,225 |
Capitol Park | 1 bed-1 bath | 1BR,1BA | $1,250 |
Miramonte Lodge | Morrison | Studio,1BA | $1,255 |
Red Rock Commons | 1 Bed 1 Bath | 1BR,1BA | $1,260 |
Best Value Apartments for Rent in Lake Oswego, OR
As of September 09, 2025 the best value apartment in the Lake Oswego area is the $1.19 price per square foot 1055 SW Plum Dr Model at 1055 SW Plum Dr, Unit Basement ADU in the in the Southwest Portland neighborhood starting from $1,900. The second greatest value Lake Oswego apartment is the Plan C Model at Waverley & Stuart Hall starting at $2,120 with a $1.65 price per square foot in the Eastmoreland neighborhood. Here is today’s list of the best values for Lake Oswego apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1055 SW Plum Dr, Unit Basement ADU | 1055 SW Plum Dr | 1BR,1BA | $1.19 |
Waverley & Stuart Hall | Plan C | 2BR,2BA | $1.65 |
Larkspur West Linn | 2 Bed 1.5 Bath Townhome 1130SF | 2BR,2BA | $1.76 |
Tara West Apartments | 2 Bedroom / 1.0 Bath townhome | 2BR,1.5BA | $1.59 |
Fox Pointe | 2 Bedroom, 1 Bath B | 2BR,1BA | $1.59 |
Gatehouse Apartments | 2x2 | 2BR,2BA | $1.67 |
Maple Grove Court | 2x1 | 2BR,1BA | $1.77 |
The York | 2x1L | 2BR,1BA | $1.55 |
ReNew West Tualatin | Saum | 2BR,1BA | $1.73 |
Oak Grove | TWO BED | 2BR,1BA | $1.76 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleLake Oswego, OR
Ranked #9
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Lake Oswego, OR
Westridge Elementary School
Lake Oswego Senior High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lake Oswego, OR Rentals by Map
See the most popular apartments and homes in Lake Oswego, OR
Frequently Asked Questions about Lake Oswego
What type of rentals are currently available in Lake Oswego?
There are currently 393 Apartments for Rent in Lake Oswego, OR with pricing that ranges from $1,195 to $5,550. There are also 89 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Oswego ranging from $1,245 to $7,200.
What is the current price range for Rental Homes in Lake Oswego?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Oswego ranges from $1,245 to $7,200 with an average monthly rent of $2,747.
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.

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.