
Cheap Homes for Rent in Lake Forest Neighborhood of Lake Oswego, OR from $1,400 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Forest area of Lake Oswego.


7582 SW Hunziker Rd

4000 Carman Dr, Unit 34
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.

14267 Uplands Dr

290 Cervantes

86 Kingsgate Rd
The Art of the Rental Viewing: What to look for during a property tour
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.

4654 Lower Dr, Unit Lower Dr
Lake Forest, Lake Oswego, OR Local Guide

How much does it cost to rent a home in Lake Forest?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lake Forest 2 Bedroom Homes for Rent | $2,197 | $1,495 | $3,600 |
Lake Forest 3 Bedroom Homes for Rent | $3,158 | $2,500 | $4,950 |
Lake Forest 4 Bedroom Homes for Rent | $3,696 | $2,495 | $5,100 |
Lake Forest 5 Bedroom Homes for Rent | $3,600 | $3,600 | $3,600 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Lake Forest Neighborhood of Lake Oswego, OR.
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Lake Forest, Lake Oswego, OR Local Guide
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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 Edgewood Manor priced from $1,325. Commons on the Tualatin River has the second lowest priced unit, which is a Studio apartment currently listed from $1,325. Here are the most affordable Lake Forest apartments for rent in Portland, OR:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Edgewood Manor | 1BR 1 Bath | 1BR,1BA | $1,325 |
Commons on the Tualatin River | Sandy | Studio,1BA | $1,325 |
Hermoso View | Studio B | Studio,1BA | $1,400 |
Best Value Apartments for Rent in Lake Forest, OR
As of June 23, 2025 the best value apartment in the Lake Forest area is the $2.05 price per square foot Cedar Model at Milo at Mountain Park in the in the Far Southwest Portland neighborhood starting from $2,354. The second greatest value Lake Forest apartment is the 2x2 Model at Gatehouse Apartments starting at $1,595 with a $1.72 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. |
---|---|---|---|
Milo at Mountain Park | Cedar | 2BR,2BA | $2.05 |
Gatehouse Apartments | 2x2 | 2BR,2BA | $1.72 |
The York | 2x1L | 2BR,1BA | $1.66 |
Silver Creek Apartments | 2x1 | 2BR,1BA | $1.66 |
Parkridge Apartments | 1 loft small | 1BR,1BA | $2.11 |
Bonita Villa | 2 Bedroom 1 Bath | 2BR,1BA | $2.07 |
Manchester Square Apartments | Two Bedroom Townhouse | 2BR,1BA | $2.12 |
Main Street Village | Mount Bachelor | 1BR,1BA | $2.19 |
The Ridge at Mountain Park Apartments | One Bedroom One Bath | 1BR,1BA | $2.10 |
Edgewood Manor | 1BR 1 Bath | 1BR,1BA | $1.89 |
Quick Rent Budget Calculator
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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 $1,225 to $10,000. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Forest ranging from $1,495 to $5,100.
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 $1,495 to $5,100 with an average monthly rent of $2,890.
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.