Cheap Apartments for Rent in the Lake Grove Neighborhood of Lake Oswego, OR from $1,200 (33 Rentals)

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

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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.

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ReNew Laurelwood
1 to 3 Bedroom Apartments

ReNew Laurelwood

3855 Lake Grove AveLake Oswego, OR 97035
Corporate Housing
  • Utilities Included
property at 45 Eagle Crest Dr

$1,650 - $1,950

1 To 2 Bedroom Rentals

Available Now

45 Eagle Crest Dr

Lake OswegoOR97035

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.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Hermoso View
Studio to 2 Bedroom Apartments

Hermoso View

7460 SW Hermoso WayTigard, OR 97223
Showing Results 1-33, 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 Studio unit found at Timbers at Tualatin priced from $1,218. 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 ListingModel NameBed/BathPriced From
Timbers at TualatinPebbleStudio,1BA$1,218
Red Rock Commons1 Bed 1 Bath1BR,1BA$1,260
Commons on the Tualatin RiverSandyStudio,1BA$1,400
Hampton Ridge Apartments1 Bedroom 1 Bath1BR,1BA$1,450
Parkridge ApartmentsStudioStudio,1BA$1,480
One JeffersonA21BR,1BA$1,515
The Ridge at Mountain Park ApartmentsOne Bedroom One Bath1BR,1BA$1,525
72nd ApartmentsStudio AStudio,1BA$1,545
Stonesthrow Apartments1B1BR,1BA$1,567
Eddyline at BridgeportResidence 21BR,1BA$1,595

Best Value Apartments for Rent in Lake Grove, OR

As of January 23, 2026 the best value apartment in the Lake Grove area is the $1.86 price per square foot Two Bedroom Two Bath Model at Oswego Cove in the in the Far Southwest Portland neighborhood starting from $1,895. The second greatest value Lake Grove apartment is the 2 Bedroom, 2 Bath Model at Hampton Park Apartments starting at $1,750 with a $1.84 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.
Oswego CoveTwo Bedroom Two Bath2BR,2BA$1.86
Hampton Park Apartments2 Bedroom, 2 Bath2BR,2BA$1.84
Kruseway CommonsChestnut1BR,1BA$2.33
The Bluffs at Mountain ParkThe Birchwood1BR,1BA$2.24
Milo at Mountain ParkAsh1BR,1BA$2.14
The Ridge at Mountain Park ApartmentsOne Bedroom One Bath1BR,1BA$2.10
Stonesthrow Apartments1B1BR,1BA$2.18
Hampton Ridge Apartments1 Bedroom 1 Bath1BR,1BA$1.94
Haven Lake Oswego1 Bed 1 Bath1BR,1BA$2.32
Red Rock Commons1 Bed 1 Bath1BR,1BA$1.91

Don'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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash 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.

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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.

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Pet Friendly Lifestyle
Lake Grove, Lake Oswego, OR

Ranked #6

Among cities in Oregon for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
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!

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 Timbers at Tualatin listed at $1,193.

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 $1,641 at Stonesthrow Apartments.

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 $2,195.

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

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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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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.

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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

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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.

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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.

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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.

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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.