
Cheap Homes for Rent in Lake Forest Neighborhood of Lake Oswego, OR from $1,200 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Forest area of Lake Oswego.


7582 SW Hunziker Rd

34 Oswego Smt, Unit 34 Oswego Smt

47 Eagle Crest Dr

45 Eagle Crest Dr

14267 Uplands 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 | $2,572 | $1,495 | $4,250 |
| Lake Forest 3 Bedroom Homes for Rent | $3,014 | $2,295 | $3,750 |
| Lake Forest 4 Bedroom Homes for Rent | $3,619 | $3,250 | $4,350 |
| Lake Forest 5 Bedroom Homes for Rent | $3,890 | $3,495 | $4,300 |
Browse Homes for Rent in this Neighborhood
There are currently 6 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 Greenburg Oaks priced from $1,215. Bonita Villa has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,348. Here are the most affordable Lake Forest apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Greenburg Oaks | ONE BEDROOM | 1BR,1BA | $1,215 |
| Bonita Villa | 1 Bedroom 1 Bath | 1BR,1BA | $1,348 |
| Creekside Commons Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,395 |
Best Value Apartments for Rent in Lake Forest, OR
As of October 24, 2025 the best value apartment in the Lake Forest area is the $1.29 price per square foot 3900 Canal Rd Model at 3900 Canal Rd, Unit B in the in the Childs neighborhood starting from $1,800. The second greatest value Lake Forest apartment is the Mount Hood Model at Main Street Village starting at $2,235 with a $2.02 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. |
|---|---|---|---|
| 3900 Canal Rd, Unit B | 3900 Canal Rd | 1BR,1BA | $1.29 |
| Main Street Village | Mount Hood | 2BR,2BA | $2.02 |
| Oswego Cove | Two Bedroom Two Bath | 2BR,2BA | $1.96 |
| Milo at Mountain Park | Dogwood | 2BR,2BA | $2.05 |
| Haven Lake Oswego | 2 bed 2 bath | 2BR,2BA | $2.02 |
| Gatehouse Apartments | 2x2 | 2BR,2BA | $1.67 |
| The York | 2x1L | 2BR,1BA | $1.66 |
| ReNew Laurelwood | Clover | 2BR,2BA | $2.05 |
| Bonita Villa | 2 Bedroom 1 Bath | 2BR,1BA | $1.99 |
| Greenburg Oaks | ONE BEDROOM | 1BR,1BA | $1.74 |
Quick Rent Budget Calculator
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.
Pet Friendly LifestyleLake Forest, Lake Oswego, OR
Ranked #3
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Lake Forest, Lake Oswego, OR
Lake Grove Elementary School
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 124 Apartments for Rent in Lake Forest, OR with pricing that ranges from $1,215 to $9,956. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Forest ranging from $1,295 to $4,350.
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 $1,295 to $4,350 with an average monthly rent of $2,958.
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.

Apartment Common Area Rules: What Renters Need to Know
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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.