12345 SW Hall Blvd
PortlandOR97223
Cheap Homes for Rent in Lake Oswego, OR from $1,195 (20 Rentals)
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$1,3651 Bedroom Apartments Available Now
8417 SW 24th Ave, Unit 209
8417 SW 24th AvePortland, OR 97219
6009 SW Taylors Ferry Rd
PortlandOR97219
47 Eagle Crest Dr
Lake OswegoOR97035
20080 Larkspur Ln, Unit 47
20080 Larkspur Ln
West LinnOR97068
11 Crestfield Ct
Lake OswegoOR97035
From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots
Discover the true heart of Portland, Oregon, with this local expert's guide. Explore the city's unique history, from the coin toss that named it to its "Keep Portland Weird" culture, and get an insider look at its most notable neighborhoods and internationally recognized food scene.
44 Crestfield Ct
Lake OswegoOR97035
1404 SW Dickinson Ln
PortlandOR97219
10608 SW 49th Ave, Unit 08
10608 SW 49th Ave
PortlandOR97219
8815 SW Terwilliger Blvd
PortlandOR97219
2952 SW Huber St
PortlandOR97219
14020 SE Arista Dr
MilwaukieOR97267
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
19846 SW 68th Ave, Unit 50
19846 SW 68th Ave
TualatinOR97062
8720 SW Tualatin Rd, Unit 206
8720 SW Tualatin Rd
TualatinOR97062
248 Cervantes Cir
Lake OswegoOR97035
3521 SE Vineyard Rd
PortlandOR97267
3925 SW Multnomah Blvd, Unit 104
3925 SW Multnomah Blvd
PortlandOR97219
6301 White Tail Dr
West LinnOR97068
Portland’s Best Affordable Neighborhoods
Learn about Portland and the best places to live with original content written by our Portland, OR Local Expert Chad Deitchley
4000 Carman Dr
Lake OswegoOR97035
4075 Jefferson Pkwy
Lake OswegoOR97035
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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 | $2,308 | $1,745 | $3,500 |
| Lake Oswego 3 Bedroom Homes for Rent | $3,087 | $1,795 | $4,800 |
| Lake Oswego 4 Bedroom Homes for Rent | $4,288 | $2,895 | $6,995 |
| Lake Oswego 5 Bedroom Homes for Rent | $4,372 | $3,095 | $6,500 |
| Lake Oswego 6 Bedroom Homes for Rent | $5,500 | $5,500 | $5,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Lake Oswego
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Lake Oswego, OR Local Guide
- Lake Oswego Neighborhoods
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Cheapest Neighborhoods for Apartments in Lake Oswego, OR
Pricing Updated: 09/16/2026Current apartment rentals in the Lake Oswego, OR area range in price from $1,245 to $5,200 with an overall median price of $1,685. 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 | $1,685 | $1,245 | 78 |
Cheapest Available Lake Oswego Apartments for Rent
The cheapest available apartment rental in Lake Oswego, OR is a Studio unit found at The Village at Multnomah in the Far Southwest Portland neighborhood priced from $1,090. Todd Village Apartments in the Rosewood neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,165. Here is today’s list of the most affordable Lake Oswego apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Village at Multnomah | 0BR/1.0BA | Studio,1BA | $1,090 |
| Todd Village Apartments | Mt. Bachelor | Studio,1BA | $1,165 |
| Tigard Terrace Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,195 |
| Ridgeview Terrace | 1x1 | 1BR,1BA | $1,195 |
| Grace Manor Apartments | 2bd1bth | 2BR,1BA | $1,250 |
Best Value Apartments for Rent in Lake Oswego, OR
As of September 16, 2026 the best value apartment in the Lake Oswego area is the $1.67 price per square foot 8385 SW Avery St Model at 8385 SW Avery St, Unit 101 in the in the Rosewood neighborhood starting from $2,150. The second greatest value Lake Oswego apartment is the 3 Bed Townhome Model at Capitol Gardens starting at $1,950 with a $1.62 price per square foot in the Far Southwest Portland 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. |
|---|---|---|---|
| 8385 SW Avery St, Unit 101 | 8385 SW Avery St | 2BR,1BA | $1.67 |
| Capitol Gardens | 3 Bed Townhome | 3BR,1.5BA | $1.62 |
| Fox Pointe Apartments | 3 Bedroom, 1 Bath | 3BR,1BA | $1.52 |
| Churchill Gardens Apartments | 2733x1 | 3BR,1BA | $1.50 |
| Grace Manor Apartments | 3bd1bth | 3BR,1BA | $1.51 |
| River Cliff Apartments | The Bluff | 2BR,1BA | $1.67 |
| The Fields | TWO BEDROOM | 2BR,1BA | $1.62 |
| Indian Hills Apartments | 2BR/1.0BA | 2BR,1BA | $1.47 |
| Markee Meadows | 2BR/1.5BA | 2BR,1.5BA | $1.66 |
| LuDon Luradel | Spacious 2-Bedroom at Luradel | ONE MONTH FREE!... | 2BR,1BA | $1.67 |
The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs
Balance work and life in Portland. Explore the neighborhoods for renting that offer great amenities and quick commutes to the city's top major employers. Find your Portland apartment today!
Read Article
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.
Read ArticleA 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
Read ArticleNavigating 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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Best Local Schools in Lake Oswego, OR
Westridge Elementary School
Lake Oswego School District 7j
Public School - Grades K-5 (389)
10 out of 10
Lake Oswego Senior High School
Lake Oswego School District 7j
Public School - Grades 9-12 (1282)
10 out of 10
Lake Oswego Junior High School
Lake Oswego School District 7j
Public School - Grades 6-8 (791)
8 out of 10
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 395 Apartments for Rent in Lake Oswego, OR with pricing that ranges from $1,159 to $10,364. There are also 83 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Oswego ranging from $1,195 to $6,995.
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 $1,195 to $6,995 with an average monthly rent of $3,091.
How much are larger Three and Four Bedroom Rentals in Lake Oswego?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake Oswego range from $1,523 to $10,364, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,795 to $4,800. Four Bedroom Single-Family rentals are also available starting from $2,895 and Four Bedroom Apartments start at $4,995.
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
From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots
Written by: Chad Deitchley
Hello! My name is Chad, and I am your ApartmentHomeLiving.com Local Expert for Portland, Oregon. After living in this one-of-a-kind city for more than 20 years, I have seen it change in many exciting ways.
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.
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.
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.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.