Cheap Homes for Rent in Lake Forest Neighborhood of Lake Oswego, OR from $1,200 (5 Rentals)

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

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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 Bonita Villa priced from $1,348. Stonesthrow Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,358. Here are the most affordable Lake Forest apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Bonita Villa1 Bedroom 1 Bath1BR,1BA$1,348
Stonesthrow ApartmentsA11BR,1BA$1,358
Timbers at TualatinPebbleStudio,1BA$1,364

Best Value Apartments for Rent in Lake Forest, OR

As of September 07, 2025 the best value apartment in the Lake Forest area is the $1.58 price per square foot 2 Bedroom & 1.5 Bath Townhome Model at River Lofts Apartments in the in the Childs neighborhood starting from $1,850. The second greatest value Lake Forest apartment is the Mount Adams Model at Main Street Village starting at $2,252 with a $2.09 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.
River Lofts Apartments2 Bedroom & 1.5 Bath Townhome2BR,1.5BA$1.58
Main Street VillageMount Adams2BR,2BA$2.09
Oswego CoveTwo Bedroom Two Bath2BR,2BA$1.99
Gatehouse Apartments2x22BR,2BA$1.67
The York2x1L2BR,1BA$1.55
Parkridge Apartments2x12BR,1BA$2.21
Bonita Villa2 Bedroom 1 Bath2BR,1BA$1.99
The Ridge at Mountain Park ApartmentsOne Bedroom One Bath1BR,1BA$2.10
Creekside Commons Apartments1 Bed 1 Bath1BR,1BA$2.23
Hunt ClubPlan A11BR,1BA$2.22

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Lake Forest, Lake Oswego, OR

Ranked #3

Among cities in Oregon for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Lake Forest, Lake Oswego, OR

School data provided by Great Schools

Frequently Asked Questions about Lake Forest

What type of rentals are currently available in Lake Forest?

There are currently 125 Apartments for Rent in Lake Forest, OR with pricing that ranges from $1,348 to $4,730. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Forest ranging from $1,245 to $5,000.

What is the current price range for Rental Homes in Lake Forest?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Forest ranges from $1,245 to $5,000 with an average monthly rent of $3,174.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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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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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.