Cheap Apartments for Rent in the Lake Grove Neighborhood of Lake Oswego, OR from $1,200 (29 Rentals)

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

property at 15370 Bangy Rd

15370 Bangy Rd

Lake OswegoOR97035
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Jackson Square
2 Bedroom Apartments

Jackson Square

5318 Lakeview BlvdLake Oswego, OR 97035
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ReNew Laurelwood
2 Bedroom Apartments

ReNew Laurelwood

3855 Lake Grove AveLake Oswego, OR 97035
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ReNew Oakridge
2 Bedroom Apartments

ReNew Oakridge

4628 Oakridge RdLake Oswego, OR 97035
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The Fields Apartments
1 to 2 Bedroom Apartments

The Fields Apartments

7790 SW Hunziker RdTigard, OR 97223
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Showing Results 1-29, Page 1 of 1

Lake Grove, Lake Oswego, OR Local Guide

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 Red Rock Commons priced from $1,260. 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 Grove apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Red Rock Commons1 Bed 1 Bath1BR,1BA$1,260
Commons on the Tualatin RiverRogueStudio,1BA$1,325
The OverlandStudioStudio,1BA$1,358
Timbers at TualatinPebbleStudio,1BA$1,398
Hermoso ViewStudio BStudio,1BA$1,400
Stonesthrow ApartmentsA11BR,1BA$1,441
Hampton Park Apartments1 Bedroom, 1 Bath S1BR,1BA$1,520
The Ridge at Mountain Park ApartmentsOne Bedroom One Bath1BR,1BA$1,525
Hampton Ridge Apartments1 Bedroom 1 Bath1BR,1BA$1,550
Haven Lake Oswego1 Bed 1 Bath1BR,1BA$1,599

Best Value Apartments for Rent in Lake Grove, OR

As of June 27, 2025 the best value apartment in the Lake Grove 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 Grove apartment is the Two Bedroom Two Bath Model at Oswego Cove starting at $2,025 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Milo at Mountain ParkCedar2BR,2BA$2.05
Oswego CoveTwo Bedroom Two Bath2BR,2BA$1.99
Hunt ClubPlan B2B2BR,2BA$1.88
Westlake Meadows Apartments2x1.75 881 sq. ft. The Willow2BR,1.75BA$2.37
The Ridge at Mountain Park ApartmentsOne Bedroom One Bath1BR,1BA$2.10
Hampton Ridge Apartments1 Bedroom 1 Bath1BR,1BA$2.15
Haven Lake Oswego1 Bed 1 Bath1BR,1BA$2.32
Parkridge Apartments1x1 small1BR,1BA$2.45
Red Rock Commons1 Bed 1 Bath1BR,1BA$1.91
Commons on the Tualatin RiverLewis1BR,1BA$2.57

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Pet Friendly Lifestyle
Lake Grove, Lake Oswego, OR

Ranked #6

Among neighborhoods in Lake Oswego, OR for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Lake Grove, Lake Oswego, OR

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!

Getting Around the Lake Grove Neighborhood in Lake Oswego, OR

Walk Score®

74 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

71 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

14 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Lake Grove Apartments

What is the Cheapest Studio apartment in Lake Grove?

Currently the most affordable Cheap Studio Apartment in Lake Grove is at Commons on the Tualatin River listed at $1,325.

How much is rent for a Cheap One Bedroom Lake Grove Apartment?

The lowest price for a Cheap One Bedroom Lake Grove Apartment is $1,260 at Red Rock Commons.

What is the lowest price for a Cheap Two Bedroom Lake Grove Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lake Grove is starting from $1,729 at Hunt Club.

What is the most affordable Lake Grove Three Bedroom Apartment?

The best deal on a cheap Lake Grove Three Bedroom Apartment rental is at Timbers at Tualatin and starts from $2,294.

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.

decorative image for A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

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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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.

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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.

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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.