
Cheap Apartments for Rent in the Lake Grove Neighborhood of Lake Oswego, OR from $1,100 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Grove area of Lake Oswego.


Total Monthly Price
15315 Twin Fir Rd, Unit LO Garden Apartment, Unit LO Garden Apartment

Total Monthly Price
Elevation at Mountain Park

Hunt Club

The Ridge at Mountain Park Apartments

Quarry Commons

Jackson Square

Kruseway Commons
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.

100 Kerr Pky

Westlake Meadows Apartments

Total Monthly Price
Willow

100 Kerr Pkwy

14267 Uplands Dr

Oswego Cove

ReNew Laurelwood

Haven Lake Oswego
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.

7060 SW Montauk Cir

The Bluffs at Mountain Park

4000 Carman Dr

Mercato Grove

294 Cervantes Cir

ReNew Oakridge

Dartmouth Crossing North

Red Rock Commons
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.

Timbers at Tualatin

Hampton Park Apartments

Total Monthly Price
The Overland

Hampton Ridge Apartments

Total Monthly Price
Stonesthrow Apartments

Eddyline at Bridgeport

Commons on the Tualatin River

The 72nd Apartments
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.

The Steward

Montage

1404 SW Dickinson Ln
Lake Grove, Lake Oswego, OR Local Guide

How much does it cost to rent an apartment in Lake Grove?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Grove Studio Apartments | $1,461 | $1,165 | $1,749 |
| Lake Grove 1 Bedroom Apartments | $1,860 | $1,216 | $3,637 |
| Lake Grove 2 Bedroom Apartments | $2,320 | $1,457 | $3,995 |
| Lake Grove 3 Bedroom Apartments | $3,639 | $1,806 | $10,000+ |
| Lake Grove 4 Bedroom Apartments | $4,300 | $4,300 | $4,300 |
Browse Apartments in this Neighborhood
There are currently 35 rentals with your search options within a 2 mile radius of the Lake Grove Neighborhood of Lake Oswego, OR.
See all Apartments in Lake OswegoExplore Lake Oswego
Lake Grove, Lake Oswego, OR Local Guide
- Nearby Lake Oswego neighborhoods
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Cheapest Available Lake Grove Apartments for Rent
 The cheapest available apartment rental in the Lake Grove area of Portland, OR is a 1 Bed unit found at Dartmouth Crossing North priced from $1,216. Red Rock Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,260. Here are the most affordable Lake Grove apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Dartmouth Crossing North | One Bedroom | 1BR,1BA | $1,216 |
| Red Rock Commons | 1 Bed 1 Bath | 1BR,1BA | $1,260 |
| Hampton Park Apartments | 1 Bedroom, 1 Bath Standard | 1BR,1BA | $1,350 |
| Hunt Club | Plan A1 | 1BR,1BA | $1,370 |
| Parkridge Apartments | Studio | Studio,1BA | $1,430 |
| Stonesthrow Apartments | 1B | 1BR,1BA | $1,474 |
| Timbers at Tualatin | Nickle | 1BR,1BA | $1,504 |
| The Ridge at Mountain Park Apartments | One Bedroom One Bath | 1BR,1BA | $1,525 |
| Quarry Commons | 1bd 1ba | 1BR,1BA | $1,545 |
| Commons on the Tualatin River | Sandy | Studio,1BA | $1,550 |
Best Value Apartments for Rent in Lake Grove, OR
As of April 24, 2026 the best value apartment in the Lake Grove area is the $1.96 price per square foot Two Bedroom Two Bath Model at Oswego Cove in the in the Far Southwest Portland neighborhood starting from $1,995. The second greatest value Lake Grove apartment is the Two Bedroom A Model at The Overland starting at $2,018 with a $1.99 price per square foot in the Far Southwest Portland neighborhood. Here is today’s list of the best values for Lake Grove apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Oswego Cove | Two Bedroom Two Bath | 2BR,2BA | $1.96 |
| The Overland | Two Bedroom A | 2BR,2BA | $1.99 |
| Haven Lake Oswego | 2 bed 2 bath | 2BR,2BA | $1.82 |
| Hampton Ridge Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $1.88 |
| Westlake Meadows Apartments | 2x1.75 881 sq. ft. The Willow | 2BR,1.75BA | $2.15 |
| The Bluffs at Mountain Park | The Birchwood | 1BR,1BA | $2.22 |
| The Ridge at Mountain Park Apartments | One Bedroom One Bath | 1BR,1BA | $2.10 |
| Stonesthrow Apartments | 1B | 1BR,1BA | $2.05 |
| Hunt Club | Plan A1 | 1BR,1BA | $2.13 |
| Timbers at Tualatin | Nickle | 1BR,1BA | $2.34 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick 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 Grove, Lake Oswego, OR
Ranked #6
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Lake Grove, Lake Oswego, OR
Lake Grove Elementary School
Lake Oswego Senior High School
Lake Oswego Junior High School
School data provided by Great Schools
Lifestyle Ratings
Our team works hard to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in areas across the United States including Lake Grove, Lake Oswego, and the greater Portland area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, transit availability, pet-friendly communities, places that make kids happy, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Lake Grove Apartments
What is a cheap apartment in Lake Grove?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lake Grove is under $1,550.
What is the price of a cheap apartment in Lake Grove?
The cheapest apartment in Lake Grove is Dartmouth Crossing North which is listed at $1,216, while the average apartment in Lake Grove costs $5,135.
What types of apartments are the cheapest in Lake Grove?
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 Grove 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 Grove?
Cheap apartments in Lake Grove have an average cost of $120 which is $5,015 cheaper than the average rent for all rentals in Lake Grove.
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.

From Arts to Eats: A Local Insiders Guide to Living in Portland's Best Spots
Written by: Chad Deitchley
Hello! My name is Chad, and I am your ApartmentHomeLiving.com Local Expert for Portland, Oregon. After living in this one-of-a-kind city for more than 20 years, I have seen it change in many exciting ways.
Articles, How-To's, and Tips

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.