Cheap Apartments for Rent in the Lake Forest Neighborhood of Lake Oswego, OR from $678 (49 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
$1,468 - $2,947

Total Monthly Price

Base Rent$1,468 - $2,947
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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Willow Apartments
$1,764 - $4,830

Total Monthly Price

Base Rent$1,764 - $4,830
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Willow Apartments

5600 Meadows RdLake 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
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property at 9582 SW Jubilee Ct
$800

Total Monthly Price

Base Rent$800
Total Monthly Price$800
1 Bedroom, 1.5 Bath Home for Rent
Available Now
Affordability

9582 SW Jubilee Ct

TigardOR97224

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The Overland
Rent Specials
$1,329 - $3,394

Total Monthly Price

Base Rent$1,329 - $3,394
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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Arya at Hedges Creek
Rent Specials
$1,383 - $3,743

Total Monthly Price

Base Rent$1,383 - $3,743
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Arya at Hedges Creek

8900 SW Sweek DrTualatin, OR 97062
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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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ViewFinder Apartments
1 to 3 Bedroom Apartments

ViewFinder Apartments

11600 SW 72nd AveTigard, OR 97223
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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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Greenburg Townhomes
Studio to 2 Bedroom Apartments

Greenburg Townhomes

11445 SW Greenburg RdTigard, OR 97223

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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Fanno Creek Village
Studio to 3 Bedroom Apartments

Fanno Creek Village

13816 SW Fanno Creek DrTigard, OR 97223
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Tigard York
Studio to 4 Bedroom Apartments

Tigard York

7582 SW Hunziker StTigard, OR 97223
Corporate Housing
Showing Results 1-49, Page 1 of 1

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 2 Beds unit found at Greenburg Oaks priced from $1,240. Tualatin Meadows has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,300. Here are the most affordable Lake Forest apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Greenburg OaksTWO BEDROOM2BR,1BA$1,240
Tualatin Meadows1 bedroom1BR,1BA$1,300
The OverlandStudioStudio,1BA$1,329
Hunt ClubPlan A11BR,1BA$1,332
The FieldsONE BEDROOM1BR,1BA$1,356
Arya at Hedges CreekHawthorne1BR,1BA$1,383
Attwell off MainS1Studio,1BA$1,426
Stonesthrow Apartments1B1BR,1BA$1,464
Parkridge ApartmentsStudioStudio,1BA$1,468
Carriage House ApartmentsOne Bedroom Renovated1BR,1BA$1,480

Best Value Apartments for Rent in Lake Forest, OR

As of September 09, 2026 the best value apartment in the Lake Forest area is the $1.35 price per square foot THREE BEDROOM Model at Greenburg Oaks in the in the Far Southwest Portland neighborhood starting from $1,558. The second greatest value Lake Forest apartment is the 2 Bedroom & 2 Bath Model at River Lofts Apartments starting at $2,100 with a $1.86 price per square foot in the Childs 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.
Greenburg OaksTHREE BEDROOM3BR,1BA$1.35
River Lofts Apartments2 Bedroom & 2 Bath2BR,2BA$1.86
The Bluffs at Mountain ParkThe Cedarwood2BR,1.5BA$1.99
Haven Lake Oswego2 bed 2 bath2BR,2BA$1.91
Gatehouse Apartments2x22BR,2BA$1.72
Hampton Ridge Apartments2 Bedroom 2 Bath2BR,2BA$1.90
Creekside Commons Apartments2 Bed 1 Bath2BR,1BA$1.77
Bonita Villa2 Bedroom 1 Bath2BR,1BA$1.99
Main Street VillageMount Bachelor1BR,1BA$2.05
Hunt ClubPlan A11BR,1BA$2.11

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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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

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 $1,480.

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

The cheapest apartment in Lake Forest is Tualatin Meadows which is listed at $1,300, while the average apartment in Lake Forest costs $2,084.

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 10 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 $168 which is $1,916 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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