Cheap Apartments for Rent in the Lake Forest Neighborhood of Lake Oswego, OR from $1,000 (61 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lake Forest area of Lake Oswego.

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Parkridge Apartments
Rent Specials
$1,295 - $2,691
Total Monthly Price

Total Monthly Price

Base Rent
$1,295 - $2,691
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Parkridge Apartments

215 Greenridge DrLake Oswego, OR 97035
Affordability
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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.

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7105 Montauk Cir, Unit 7105
$1,675
Total Monthly Price

Total Monthly Price

Base Rent
$1,675
Total Monthly Price
$1,675
2 Bedroom Apartment Available Now

7105 Montauk Cir, Unit 7105

7105 Montauk CirLake Oswego, OR 97035
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Willow
Rent Specials
$1,798 - $4,877
Total Monthly Price

Total Monthly Price

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$1,798 - $4,877
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Willow

5600 Meadows RdLake Oswego, OR 97035
Family Friendly
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property at 14267 Uplands Dr

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800
Total Monthly Price
$1,800

1 Bedroom, 1 Bath Home for Rent

Available Now

14267 Uplands Dr

Lake OswegoOR97034
property at 6765 Montauk Cir

$1,835

Total Monthly Price

Total Monthly Price

Base Rent
$1,835
Total Monthly Price
$1,835

2 Bedroom, 1 Bath Condo for Rent

Available Now

6765 Montauk Cir, Unit 6765

6765 Montauk Cir
Lake OswegoOR97035
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ReNew Laurelwood
1 to 3 Bedroom Apartments

ReNew Laurelwood

3855 Lake Grove AveLake Oswego, OR 97035
Corporate Housing
  • Utilities Included

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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Haven Lake Oswego
1 to 2 Bedroom Apartments

Haven Lake Oswego

15000 Davis LnLake Oswego, OR 97035
Corporate Housing

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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Attwell off Main
Rent Specials
$1,341 - $6,131
Total Monthly Price

Total Monthly Price

Base Rent
$1,341 - $6,131
Total Monthly Price
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Studio to 3 Bedroom Apartments Available Now

Attwell off Main

12850 SW Ash AveTigard, OR 97223
Corporate Housing
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The Overland
Rent Specials
$1,418 - $2,650
Total Monthly Price

Total Monthly Price

Base Rent
$1,418 - $2,650
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Overland

11974 SW 72nd AveTigard, OR 97223
Pet Friendly
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  • Smoke Free

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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Villas on the Lake
1 to 2 Bedroom Apartments

Villas on the Lake

18880 SW 84th AveTualatin, OR 97062

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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Lake Forest, Lake Oswego, OR Local Guide

Cheapest Available Lake Forest Apartments for Rent

 

The cheapest available apartment rental in the Lake Forest area of Portland, OR is a 1 Bed unit found at Dartmouth Crossing North priced from $1,216. Greenburg Oaks has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,240. Here are the most affordable Lake Forest apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Dartmouth Crossing NorthOne Bedroom1BR,1BA$1,216
Greenburg OaksTWO BEDROOM2BR,1BA$1,240
Tigard Terrace Apartments2 Beds, 1 Baths2BR,1BA$1,345
The FieldsONE BEDROOM1BR,1BA$1,396
Hermoso View Apartments0BR/1.0BAStudio,1BA$1,399
Carriage House ApartmentsOne Bedroom1BR,1BA$1,445
Stonesthrow ApartmentsA11BR,1BA$1,447
Edgewood ManorTwo Bedroom, One and a Half Bath2BR,1BA$1,450
The 72nd ApartmentsStudio AStudio,1BA$1,495

Best Value Apartments for Rent in Lake Forest, OR

As of June 10, 2026 the best value apartment in the Lake Forest area is the $1.96 price per square foot Mount St. Helens Model at Main Street Village in the in the Far Southwest Portland neighborhood starting from $2,478. The second greatest value Lake Forest apartment is the THREE BEDROOM Model at Greenburg Oaks starting at $1,558 with a $1.35 price per square foot in the Far Southwest Portland neighborhood. Here is today’s list of the best values for Lake Forest apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Main Street VillageMount St. Helens3BR,2BA$1.96
Greenburg OaksTHREE BEDROOM3BR,1BA$1.35
Hampton Ridge Apartments2 Bedroom, 2 Bath2BR,2BA$1.76
Oswego CoveTwo Bedroom Two Bath2BR,2BA$1.99
7105 Montauk Cir, Unit 71057105 Montauk Cir2BR,1BA$1.71
Gatehouse Apartments2x22BR,2BA$1.72
River Lofts Apartments2 Bedroom & 1 Bath2BR,1BA$1.93
Jackson Square2 Bedroom - 1 Bath2BR,1BA$1.88
Bonita Villa2 Bedroom 1 Bath2BR,1BA$1.99
Edgewood ManorTwo Bedroom, One and a Half Bath2BR,1.5BA$1.81

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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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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Best Local Schools in
Lake Forest, Lake Oswego, OR

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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of neighborhoods, areas, and rental properties across Oregon including Lake Forest, Lake Oswego, and the greater Portland area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, places to raise kids, raising pets, transit options, and more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Lake Forest Apartments

What is a cheap apartment in Lake Forest?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lake Forest is under $1,495.

What is the price of a cheap apartment in Lake Forest?

The cheapest apartment in Lake Forest is Dartmouth Crossing North which is listed at $1,216, while the average apartment in Lake Forest costs $5,052.

What types of apartments are the cheapest in Lake Forest?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 21 regular apartments in Lake Forest that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Lake Forest?

Cheap apartments in Lake Forest have an average cost of $174 which is $4,878 cheaper than the average rent for all rentals in Lake Forest.

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

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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.

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The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs

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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.

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Articles, How-To's, and Tips

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

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Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.