Search the lowest-cost Apartments available for rent right now in the Lake Forest area of Lake Oswego.
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.
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.
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.
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Forest Studio Apartments | $1,489 | $1,236 | $1,853 |
| Lake Forest 1 Bedroom Apartments | $1,695 | $1,295 | $3,275 |
| Lake Forest 2 Bedroom Apartments | $1,985 | $1,240 | $4,106 |
| Lake Forest 3 Bedroom Apartments | $2,895 | $1,558 | $9,956 |
There are currently 45 rentals with your search options within a 2 mile radius of the Lake Forest Neighborhood of Lake Oswego, OR.
See all Apartments in Lake OswegoThe cheapest available apartment rental in the Lake Forest area of Portland, OR is a Studio unit found at Timbers at Tualatin priced from $1,236. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Timbers at Tualatin | Pebble | Studio,1BA | $1,236 |
| Greenburg Oaks | TWO BEDROOM | 2BR,1BA | $1,240 |
| Silver Creek Apartments | 1x1 | 1BR,1BA | $1,295 |
| The Fields | ONE BEDROOM | 1BR,1BA | $1,299 |
| Bonita Villa | 1 Bedroom 1 Bath | 1BR,1BA | $1,348 |
| Arya at Hedges Creek | Hawthorne | 1BR,1BA | $1,381 |
| Attwell off Main | S | Studio,1BA | $1,386 |
| Parkridge Apartments | 1 bed/1 bath | 1BR,1BA | $1,399 |
| Hampton Ridge Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1,400 |
| Commons on the Tualatin River | Sandy | Studio,1BA | $1,400 |
As of January 30, 2026 the best value apartment in the Lake Forest area is the $1.97 price per square foot Mount St. Helens Model at Main Street Village in the in the Far Southwest Portland neighborhood starting from $2,494. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Main Street Village | Mount St. Helens | 3BR,2BA | $1.97 |
| Greenburg Oaks | THREE BEDROOM | 3BR,1BA | $1.35 |
| Oswego Cove | Two Bedroom Two Bath | 2BR,2BA | $1.94 |
| Hampton Park Apartments | 2 Bedroom, 2 Bath | 2BR,2BA | $1.84 |
| Gatehouse Apartments | 2x2 | 2BR,2BA | $1.72 |
| River Lofts Apartments | 2 Bedroom & 1 Bath | 2BR,1BA | $1.97 |
| The York | 2x1L | 2BR,1BA | $1.61 |
| Bonita Villa | 2 Bedroom 1 Bath | 2BR,1BA | $1.99 |
| Silver Creek Apartments | 1x1 | 1BR,1BA | $1.73 |
| Stonesthrow Apartments | 1B | 1BR,1BA | $1.94 |
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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Read ArticleDiscover 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 ArticleThe 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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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.
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lake Forest is under $1,400.
The cheapest apartment in Lake Forest is Silver Creek Apartments which is listed at $1,295, while the average apartment in Lake Forest costs $5,193.
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 12 regular apartments in Lake Forest that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Cheap apartments in Lake Forest have an average cost of $161 which is $5,032 cheaper than the average rent for all rentals in Lake Forest.
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.
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.
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.
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.
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
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.
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.
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Total Monthly Price combines base rent and required monthly fees into one amount, so you can know what to expect before you apply.
