Cheap Apartments for Rent in the Lake Forest Neighborhood of Lake Oswego, OR from $1,000 (57 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
$1,343 - $2,670
Total Monthly Price

Total Monthly Price

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$1,343 - $2,670
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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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Willow Apartments
$1,792 - $4,830
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$1,792 - $4,830
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1 to 3 Bedroom Apartments Available Now

Willow Apartments

5600 Meadows RdLake Oswego, OR 97035
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Mercato Grove
Rent Specials
$1,928 - $5,724
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$1,928 - $5,724
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Studio to 3 Bedroom Apartments Available Now

Mercato Grove

3975-4055 Mercantile DrLake Oswego, OR 97035
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ReNew Laurelwood
1 to 3 Bedroom Apartments

ReNew Laurelwood

3855 Lake Grove AveLake Oswego, OR 97035
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Haven Lake Oswego
1 to 2 Bedroom Apartments

Haven Lake Oswego

15000 Davis LnLake Oswego, OR 97035
Corporate Housing

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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property at 9582 SW Jubilee Ct

$800

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Total Monthly Price

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$800
Total Monthly Price
$800

1 Bedroom, 1.5 Bath Home for Rent

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9582 SW Jubilee Ct

TigardOR97224
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Attwell off Main
Rent Specials
$1,341 - $5,642
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$1,341 - $5,642
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Studio to 3 Bedroom Apartments Available Now

Attwell off Main

12850 SW Ash AveTigard, OR 97223
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The Overland
Rent Specials
$1,383 - $4,819
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$1,383 - $4,819
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Studio to 3 Bedroom Apartments Available Now

The Overland

11974 SW 72nd AveTigard, OR 97223
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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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Villas on the Lake
1 to 2 Bedroom Apartments

Villas on the Lake

18880 SW 84th AveTualatin, OR 97062
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Silver Creek Apartments
1 to 2 Bedroom Apartments

Silver Creek Apartments

11580 SW Hall BlvdPortland, OR 97223
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Tualatin Meadows
1 to 2 Bedroom Apartments

Tualatin Meadows

18755 SW 90th AveTualatin, OR 97062
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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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Showing Results 1-50, Page 1 of 2

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
Edgewood ManorOne Bedroom, One Bath1BR,1BA$1,325
The OverlandStudioStudio,1BA$1,383
Tigard Terrace Apartments1 Beds, 1 Baths1BR,1BA$1,395
Timbers at TualatinPebbleStudio,1BA$1,397
Hunt ClubPlan A11BR,1BA$1,440
Hampton Ridge Apartments1 Bedroom 1 Bath1BR,1BA$1,450
The 72nd ApartmentsStudio BStudio,1BA$1,495
Greenburg Townhomes2 Bedrooms, 1.5 Bathrooms2BR,1BA$1,499

Best Value Apartments for Rent in Lake Forest, OR

As of July 26, 2026 the best value apartment in the Lake Forest area is the $1.97 price per square foot 2bd 1.5ba Model at Quarry Commons in the in the Childs neighborhood starting from $2,450. 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.
Quarry Commons2bd 1.5ba2BR,1.5BA$1.97
Greenburg OaksTHREE BEDROOM3BR,1BA$1.35
Greenburg Townhomes2 Bedrooms, 1.5 Bathrooms2BR,1.5BA$1.43
The FieldsTWO BEDROOM2BR,1BA$1.72
7022 SW Montauk Cir, Unit 7022 Montauk CIR7022 SW Montauk Cir2BR,1BA$1.99
Gatehouse Apartments2x22BR,2BA$1.72
Carriage House ApartmentsTwo Bedroom Renovated2BR,2BA$1.99
Bonita Villa2 Bedroom 1 Bath2BR,1BA$1.99
Hampton Ridge Apartments1 Bedroom 1 Bath1BR,1BA$2.01
Edgewood ManorOne Bedroom, One Bath1BR,1BA$1.89

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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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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Best Local Schools in
Lake Forest, Lake Oswego, OR

School data provided by Great Schools

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 $1,499.

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 $5,098.

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 $194 which is $4,904 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.

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