
Cheap Homes for Rent in Lake Forest Neighborhood of Lake Oswego, OR from $900 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Forest area of Lake Oswego.


11695 SW Greenburg Rd

5538 Royal Oaks Dr

12345 SW Hall Blvd
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

7582 SW Hunziker Rd

47 Eagle Crest Dr

45 Eagle Crest Dr

7905 SW Fanno Creek Dr
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.

11530 SW Lomita Ave
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 | $2,161 | $1,450 | $3,000 |
| Lake Forest 3 Bedroom Homes for Rent | $3,136 | $2,790 | $3,750 |
| Lake Forest 4 Bedroom Homes for Rent | $3,303 | $2,895 | $4,195 |
| Lake Forest 5 Bedroom Homes for Rent | $4,200 | $4,000 | $4,400 |
Browse Homes for Rent in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Lake Forest Neighborhood of Lake Oswego, OR.
Explore Lake Oswego
Cheapest Available Lake Forest Apartments for Rent
 The cheapest available apartment rental in the Lake Forest area of Portland, OR is a Studio unit found at Timbers at Tualatin priced from $1,193. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Timbers at Tualatin | Pebble | Studio,1BA | $1,193 |
| Greenburg Oaks | TWO BEDROOM | 2BR,1BA | $1,240 |
| Silver Creek Apartments | 1x1 | 1BR,1BA | $1,295 |
Best Value Apartments for Rent in Lake Forest, OR
As of January 23, 2026 the best value apartment in the Lake Forest area is the $1.94 price per square foot Mount St. Helens Model at Main Street Village in the in the Far Southwest Portland neighborhood starting from $2,454. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Main Street Village | Mount St. Helens | 3BR,2BA | $1.94 |
| Greenburg Oaks | THREE BEDROOM | 3BR,1BA | $1.35 |
| Oswego Cove | Two Bedroom Two Bath | 2BR,2BA | $1.86 |
| Hampton Park Apartments | 2 Bedroom, 2 Bath | 2BR,2BA | $1.84 |
| Haven Lake Oswego | 2 bed 2 bath | 2BR,2BA | $1.65 |
| Gatehouse Apartments | 2x2 | 2BR,2BA | $1.72 |
| The York | 2x1L | 2BR,1BA | $1.61 |
| Bonita Villa | 2 Bedroom 1 Bath | 2BR,1BA | $1.99 |
| Silver Creek Apartments | 1x1 | 1BR,1BA | $1.73 |
| Hampton Ridge Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $2.01 |
Frequently Asked Questions about Lake Forest
What type of rentals are currently available in Lake Forest?
There are currently 126 Apartments for Rent in Lake Forest, OR with pricing that ranges from $1,193 to $7,891. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Forest ranging from $950 to $4,400.
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 $950 to $4,400 with an average monthly rent of $2,813.
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.
Helpful Local Expert Guides

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.

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland
Written by: Chad Deitchley
Hello! My name is Chad, and I joined the ApartmentHomeLiving.com team as a Local Expert after living in Portland, Oregon, for more than 20 years. I have a deep love for this charming and vibrant city.

The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs
Written by: Chad Deitchley
Let me introduce myself as your ApartmentHomeLiving Local Expert for Portland, Oregon. I’m Chad, and I can attest firsthand to the vibrant and funky nature of this one-of-a-kind city.
Articles, How-To's, and Tips

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.