
Cheap Homes for Rent in Lake Oswego, OR from $1,000 (21 Rentals)
Search the lowest-cost Homes available for rent right now in Lake Oswego.


12345 SW Hall Blvd

5538 Royal Oaks Dr

11240 SW Barbur Blvd, Unit 27

8417 SW 24th Ave, Unit 207

12578 SE 27th Ave

11240 SW Barbur Blvd, Unit 23
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

11240 SW Barbur Blvd, Unit 26

8332 SW 21st Ave

3200-3236 SW Marigold St, Unit 3210

13455 SE Oatfield Rd

47 Eagle Crest Dr

14832 SE Cedar Ave

3725 SE Jackson St
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.

3334 SW Luradel St

19843 SW Santee Ct

15870 SW 88th Ave

7060 SW Montauk Cir

100 Kerr Pky

1404 SW Dickinson Ln

14020 SE Arista Dr
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.
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 | $2,237 | $1,450 | $4,200 |
| Lake Oswego 3 Bedroom Homes for Rent | $3,086 | $1,995 | $6,500 |
| Lake Oswego 4 Bedroom Homes for Rent | $3,781 | $2,775 | $7,995 |
| Lake Oswego 5 Bedroom Homes for Rent | $3,805 | $1,000 | $6,245 |
| Lake Oswego 6 Bedroom Homes for Rent | $4,200 | $4,200 | $4,200 |
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 Available Lake Oswego Apartments for Rent
 The cheapest available apartment rental in Lake Oswego, OR is a 1 Bed unit found at Asher Park in the Far Southwest Portland neighborhood priced from $1,145. Rolling Hills Apartments in the Childs neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,160. Here is today’s list of the most affordable Lake Oswego apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Asher Park | One Bedroom, One Bath--Remodeled | 1BR,1BA | $1,145 |
| Rolling Hills Apartments | Super Studio | 1BR,1BA | $1,160 |
| Dutch Village Apartments | 0x1 | Studio,1BA | $1,185 |
| Dartmouth Crossing North | One Bedroom | 1BR,1BA | $1,216 |
| Spring Terrace | 1 Bedroom | 1BR,1BA | $1,240 |
Best Value Apartments for Rent in Lake Oswego, OR
As of May 04, 2026 the best value apartment in the Lake Oswego area is the $1.50 price per square foot 2733x1 Model at Churchill Gardens Apartments in the in the Far Southwest Portland neighborhood starting from $1,650. The second greatest value Lake Oswego apartment is the 3bd1bth Model at Grace Manor Apartments starting at $1,550 with a $1.51 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. |
|---|---|---|---|
| Churchill Gardens Apartments | 2733x1 | 3BR,1BA | $1.50 |
| Grace Manor Apartments | 3bd1bth | 3BR,1BA | $1.51 |
| Heritage Crossing Townhome Apartments | 2 Bedroom 1.5 Bathroom | 2BR,1.5BA | $1.66 |
| Tara West Apartments | 2 Bedroom / 1.0 Bath townhome | 2BR,1.5BA | $1.59 |
| 2222 Apartments | 2BR/2.0BA | 2BR,2BA | $1.64 |
| Fox Pointe | 2 Bedroom, 1 Bath B | 2BR,1BA | $1.59 |
| The Fields | TWO BEDROOM | 2BR,1BA | $1.60 |
| Gatehouse Apartments | 2x2 | 2BR,2BA | $1.72 |
| #306 WOODSIDE VISTA | 2x1 | 2BR,1BA | $1.41 |
| LuDon Luradel | 2BR/1.0BA | 2BR,1BA | $1.67 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleThe 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 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 ArticleCash 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.
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 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.
Best Local Schools in Lake Oswego, OR
Westridge Elementary School
Lake Oswego Senior High School
Lake Oswego Junior 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 390 Apartments for Rent in Lake Oswego, OR with pricing that ranges from $1,100 to $10,479. There are also 78 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Oswego ranging from $1,000 to $7,995.
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 $1,000 to $7,995 with an average monthly rent of $3,112.
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.

From Arts to Eats: A Local Insiders 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.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.