Apartments for Rent in the Lake Forest Neighborhood of Lake Oswego, OR (152 Rentals)

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Willow Apartments
$1,764 - $5,671

Total Monthly Price

Base Rent$1,764 - $5,671
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Willow Apartments

5600 Meadows RdLake Oswego, OR 97035
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Mercato Grove
Rent Specials
$1,900 - $5,724

Total Monthly Price

Base Rent$1,900 - $5,724
Total Monthly PriceVaries
Studio to 3 Bedroom Apartments Available Now

Mercato Grove

3975-4055 Mercantile DrLake Oswego, OR 97035
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Parkridge Apartments
Rent Specials
$1,482 - $2,918

Total Monthly Price

Base Rent$1,482 - $2,918
Total Monthly PriceVaries
Studio to 3 Bedroom Apartments Available Now

Parkridge Apartments

215 Greenridge DrLake Oswego, OR 97035
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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

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property at 4025 Mercantile Dr
$10,364

Total Monthly Price

Base Rent$10,364
Total Monthly Price$10,364
3 Bedroom, 1 Bath Home for Rent
Available Oct 8
Furnished

4025 Mercantile Dr

Lake OswegoOR97035

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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The Overland
Rent Specials
$1,334 - $3,298

Total Monthly Price

Base Rent$1,334 - $3,298
Total Monthly PriceVaries
Studio to 3 Bedroom Apartments Available Now

The Overland

11974 SW 72nd AveTigard, OR 97223
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Attwell off Main
Rent Specials
$1,341 - $4,091

Total Monthly Price

Base Rent$1,341 - $4,091
Total Monthly PriceVaries
Studio to 3 Bedroom Apartments Available Now

Attwell off Main

12850 SW Ash AveTigard, OR 97223
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Neighborhood & Market Insights: How to Choose the Right Area to Rent

Master your search for the perfect apartment. Location is everything. Discover how to leverage community insights, public data, and personal visits to make a fully informed decision about where to rent.

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Arya at Hedges Creek
Rent Specials
$1,367 - $3,785

Total Monthly Price

Base Rent$1,367 - $3,785
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Arya at Hedges Creek

8900 SW Sweek DrTualatin, OR 97062
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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Lake Forest, Lake Oswego, OR Local Guide

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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Tour smarter and choose with confidence. Get the essential 18 questions that reveal the truth about a rental property's maintenance, utilities, and safety.

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Navigating 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.

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Real 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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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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Best Local Schools in
Lake Forest, Lake Oswego, OR

School data provided by Great Schools

Lifestyle Ratings

This website is proud to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States and customized analysis for Southwest Portland. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for the best proximity to parks and outdoor amenities, luxury housing options, transit availability, pet-friendly communities, places to raise kids, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Family-Friendly Rating

Do you have a family with younger kids? this neighborhood has emerged as a good neighborhood for families, with a score of 4.0 out of 4. Family Friendly ratings are based on community features and environments that help parents and children to thrive. These features include things like green spaces, playgrounds, extra living spaces, features for pets, picnic areas, recreation rooms, walking and biking trails, and access to the finest education.

Outdoors Rating

We think living with parks and greenspace is critically important. Lake Forest has a reputation as providing good access to parks and outdoor amenities, with a score of 4.0 out of 4.

Luxury Living Rating

This submarket is known as one of the best higher-end submarkets in town, with a score of 4.0 out of 4. Luxury Lifestyle Scoring is based on having high-end community amenities like shared social spaces, lounges, pools, maid services, and nice home amenities like granite or quartz countertops and stainless steel appliances. Other luxury items often include tile or hardwood floors, tennis courts, and for some communities, even a doorman to greet residents.

Pet Friendly Rating

Pet owners, listen up! this part of Lake Oswego ranks as one of the finest communities for dog and cat owners, with a score of 4.0 out of 4.

Frequently Asked Questions about Lake Forest

What is the current pricing and availability for apartments for rent in the Lake Forest area of Lake Oswego, OR?

As of today, September 11, 2026, there are currently 152 available Lake Forest apartments priced from $1,216 to $10,364, with an average monthly rent of $2,184.

How much are Studio apartments in Lake Forest?

There are currently 41 Studio Apartments in Lake Forest with rent ranges from $1,334 to $2,794 with an average price of $1,595.

What is the current price range for One Bedroom Lake Forest Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Lake Forest ranges from $1,216 to $3,377 with an average monthly rent of $1,829.

What does renting a Two Bedroom Apartment in Lake Forest cost?

The monthly rent prices of Two Bedroom Apartments currently available in Lake Forest range from $1,240 to $4,400. Today's average rental price for Two Bedrooms here is $2,289.

How expensive are Lake Forest Three Bedroom Apartments?

There are currently 39 Three Bedroom Apartments listings available in Lake Forest on ApartmentHomeLiving.com. The pricing ranges from $1,558 to $10,364 - averaging $3,307 for the location.

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

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From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots

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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.

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

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A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent

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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

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

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Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.