6218 SW Garden Home Rd, Unit Upstairs
6218 SW Garden Home Rd
PortlandOR97219
Cheap Homes for Rent in Lake Oswego, OR from $800 (23 Rentals)
Search the lowest-cost Homes available for rent right now in Lake Oswego.
18348 SE River Rd
PortlandOR97267
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$1,2451 Bedroom Apartments Available Now
3200-3236 SW Marigold St
3200-3236 SW Marigold StPortland, OR 97219
5538 Royal Oaks Dr
Lake OswegoOR97035
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12345 SW Hall Blvd
PortlandOR97223
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.
63 Galen St
Lake OswegoOR97035
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47 Eagle Crest Dr, Unit 29
47 Eagle Crest Dr
Lake OswegoOR97035
8332 SW 21st Ave
PortlandOR97219
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7582 SW Hunziker Rd
PortlandOR97223
1926 SW Hume Ct
PortlandOR97219
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.
20070 Larkspur Ln
West LinnOR97068
1924 SW Hume Ct
PortlandOR97219
3334 SW Luradel St
PortlandOR97219
47 Eagle Crest Dr
Lake OswegoOR97035
8312 SW Mohawk St
TualatinOR97062
5037 SW Pasadena St
PortlandOR97219
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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.
13455 SE Oatfield Rd
Oak GroveOR97222
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$1,7502 Bedroom Apartments Available Now
3200-3236 SW Marigold St
3200-3236 SW Marigold StPortland, OR 97219
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Lake Oswego, OR Local Guide
View of Lakewood Bay, Oswego Lake by Wiki User: Esprqii is licensed under CC BY-SA 3.0
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 | $2,139 | $1,395 | $3,500 |
| Lake Oswego 3 Bedroom Homes for Rent | $2,902 | $825 | $5,400 |
| Lake Oswego 4 Bedroom Homes for Rent | $4,006 | $2,950 | $7,500 |
| Lake Oswego 5 Bedroom Homes for Rent | $3,997 | $3,495 | $4,400 |
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: 12/12/2025Current 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 | $1,895 | $1,095 | 98 |
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 $1,125. 2121 Multnomah in the Far Southwest Portland neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,199. 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 | $1,125 |
| 2121 Multnomah | 1x1R | 1BR,1BA | $1,199 |
| Axletree Apartments - City Vibes, Small Town Soul | KELLOGG 1 | Studio,1BA | $1,225 |
| Oak Grove Village Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,225 |
| Miramonte Lodge | Morrison | Studio,1BA | $1,235 |
Best Value Apartments for Rent in Lake Oswego, OR
As of December 12, 2025 the best value apartment in the Lake Oswego area is the $1.39 price per square foot 2BR 2 Bath Model at Spring Terrace Apartments in the in the Far Southwest Portland neighborhood starting from $1,450. The second greatest value Lake Oswego apartment is the 3bd1bth Model at Grace Manor Apartments starting at $1,850 with a $1.80 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. |
|---|---|---|---|
| Spring Terrace Apartments | 2BR 2 Bath | 2BR,2BA | $1.39 |
| Grace Manor Apartments | 3bd1bth | 3BR,1BA | $1.80 |
| Cherry Park Apartments - NK-2717M | 2x1 Top Floor | 2BR,1BA | $1.53 |
| Indian Hills Apartments | 2 Beds 1 Bath | 2BR,1BA | $1.64 |
| Fox Pointe | 2 Bedroom, 1 Bath B | 2BR,1BA | $1.39 |
| Driftwood Terrace | 3x1 | 3BR,1BA | $1.78 |
| Gatehouse Apartments | 2x2 | 2BR,2BA | $1.72 |
| 12331 SE Whitcomb Dr., Unit Unit #2 | 12331 SE Whitcomb Dr. | 2BR,1.5BA | $1.66 |
| The York | 2x1L | 2BR,1BA | $1.61 |
| Timber Terrace | 2X1 | 2BR,1BA | $1.71 |
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!
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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.
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 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
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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 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 School District 7j
Public School - Grades K-5 (470)
9 out of 10
Lake Oswego Senior High School
Lake Oswego School District 7j
Public School - Grades 9-12 (1245)
9 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 $995 to $9,956. There are also 89 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Oswego ranging from $825 to $7,500.
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 $825 to $7,500 with an average monthly rent of $2,879.
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
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.
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.
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
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.
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.