Cheap Homes for Rent in Lake Oswego, OR from $1,000 (17 Rentals)

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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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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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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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Showing Results 1-17, Page 1 of 1

Lake Oswego, OR Local Guide

Cheapest Neighborhoods for Apartments in Lake Oswego, OR

Pricing Updated: 10/26/2025

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Oldtown$2,547$1,10078

Cheapest Available Lake Oswego Apartments for Rent

 

The cheapest available apartment rental in Lake Oswego, OR is a Studio unit found at Lake Village in the Foothills neighborhood priced from $1,050. Quail Ridge Apartments in the Far Southwest Portland neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. Here is today’s list of the most affordable Lake Oswego apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lake Village0x1Studio,1BA$1,050
Quail Ridge ApartmentsStudio LargeStudio,1BA$1,050
Indian Hills Apartments1 Bed 1 Bath1BR,1BA$1,100
Rolling Hills Apartments1 Bedroom 1 Bath1BR,1BA$1,225
Todd Village ApartmentsMt. BakerStudio,1BA$1,245

Best Value Apartments for Rent in Lake Oswego, OR

As of October 26, 2025 the best value apartment in the Lake Oswego area is the $1.29 price per square foot 3900 Canal Rd Model at 3900 Canal Rd, Unit B in the in the Childs neighborhood starting from $1,800. The second greatest value Lake Oswego apartment is the 2BR/1.5BA Model at PARG -Risley & East Avenue starting at $1,475 with a $1.34 price per square foot in the Glenmorrie neighborhood. Here is today’s list of the best values for Lake Oswego apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3900 Canal Rd, Unit B3900 Canal Rd1BR,1BA$1.29
PARG -Risley & East Avenue2BR/1.5BA2BR,1.5BA$1.34
Spring Terrace Apartments2BR 2 Bath2BR,2BA$1.39
2222 Apartments2BR/2.0BA2BR,2BA$1.75
Fox Pointe2 Bedroom, 1 Bath B2BR,1BA$1.59
Gatehouse Apartments2x22BR,2BA$1.67
The York2x1L2BR,1BA$1.66
Driftwood Terrace2x12BR,1BA$1.74
Timber Terrace2X12BR,1BA$1.80
Indian Hills Apartments1 Bed 1 Bath1BR,1BA$1.63

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.

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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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A Local Experts Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland

A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Portland area. Find your perfect Student apartment, condo, or rental home today

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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
Lake Oswego, OR

Ranked #9

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Lake Oswego, OR

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lake Oswego, OR Rentals by Map

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See the most popular apartments and homes in Lake Oswego, OR

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Frequently Asked Questions about Lake Oswego

What type of rentals are currently available in Lake Oswego?

There are currently 392 Apartments for Rent in Lake Oswego, OR with pricing that ranges from $1,050 to $9,956. There are also 89 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Oswego ranging from $1,095 to $5,250.

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 $1,095 to $5,250 with an average monthly rent of $2,659.

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.