
Cheap Apartments for Rent in the Lake Grove Neighborhood of Lake Oswego, OR from $1,200 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Grove area of Lake Oswego.


47 Eagle Crest Dr, Unit 29

Total Monthly Price
Elevation at Mountain Park

Hunt Club

15370 Bangy Rd

4685 Galewood St

The Ridge at Mountain Park Apartments
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.

Kruseway Commons

Westlake Meadows Apartments

Total Monthly Price
Willow

ReNew Laurelwood

45 Eagle Crest Dr

Haven Lake Oswego

Milo at Mountain Park
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.

Jackson Square

The Bluffs at Mountain Park

3433 McNary Pkwy

315 Cervantes Cir

Dartmouth Crossing North

Red Rock Commons

Timbers at Tualatin
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.

Hampton Park Apartments

Total Monthly Price
The Overland

Commons on the Tualatin River

Stonesthrow Apartments

Eddyline at Bridgeport

Hampton Ridge Apartments

The Steward
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.

The 72nd Apartments

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 | $1,455 | $1,245 | $1,749 |
| Lake Grove 1 Bedroom Apartments | $1,869 | $1,216 | $3,311 |
| Lake Grove 2 Bedroom Apartments | $2,394 | $1,457 | $3,995 |
| Lake Grove 3 Bedroom Apartments | $3,472 | $1,681 | $9,956 |
| Lake Grove 4 Bedroom Apartments | $4,300 | $4,300 | $4,300 |
Browse Apartments in this Neighborhood
There are currently 31 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
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 |
| Timbers at Tualatin | Pebble | Studio,1BA | $1,273 |
| The Overland | Studio | Studio,1BA | $1,358 |
| Hunt Club | Plan A1 | 1BR,1BA | $1,378 |
| Commons on the Tualatin River | Sandy | Studio,1BA | $1,400 |
| Parkridge Apartments | Studio | Studio,1BA | $1,480 |
| Stonesthrow Apartments | 1B | 1BR,1BA | $1,494 |
| The Ridge at Mountain Park Apartments | One Bedroom One Bath | 1BR,1BA | $1,525 |
| Elevation at Mountain Park | A1 | 1BR,1BA | $1,541 |
Best Value Apartments for Rent in Lake Grove, OR
As of March 10, 2026 the best value apartment in the Lake Grove area is the $2.00 price per square foot Two Bedroom Two Bath Model at Oswego Cove in the in the Far Southwest Portland neighborhood starting from $2,045. The second greatest value Lake Grove apartment is the 2 Bedroom 2 Bath Model at Hampton Ridge Apartments starting at $1,790 with a $1.92 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 | $2.00 |
| Hampton Ridge Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $1.92 |
| Milo at Mountain Park | Ash Loft | 1BR,1BA | $2.15 |
| Jackson Square | 2 Bedroom - 1 Bath | 2BR,1BA | $1.99 |
| 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 | $2.08 |
| Red Rock Commons | 1 Bed 1 Bath | 1BR,1BA | $1.91 |
| Hunt Club | Plan A1 | 1BR,1BA | $2.14 |
| Elevation at Mountain Park | A1 | 1BR,1BA | $2.39 |
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.
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
Westridge Elementary School
Lake Oswego Senior 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 the Cheapest Studio apartment in Lake Grove?
Currently the most affordable Cheap Studio Apartment in Lake Grove is at Timbers at Tualatin listed at $1,273.
How much is rent for a Cheap One Bedroom Lake Grove Apartment?
The lowest price for a Cheap One Bedroom Lake Grove Apartment is $1,216 at Dartmouth Crossing North.
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 $1,457 at Dartmouth Crossing North.
What is the most affordable Lake Grove Three Bedroom Apartment?
The best deal on a cheap Lake Grove Three Bedroom Apartment rental is at Dartmouth Crossing North and starts from $1,681.
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

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.

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.