Cheap Apartments for Rent in the Lake Grove Neighborhood of Lake Oswego, OR from $1,200 (45 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Parkridge Apartments
Rent Specials
$1,295 - $2,691
Total Monthly Price

Total Monthly Price

Base Rent
$1,295 - $2,691

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Parkridge Apartments

215 Greenridge DrLake Oswego, OR 97035
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

close
View Me
7105 Montauk Cir, Unit 7105
$1,675
Total Monthly Price

Total Monthly Price

Base Rent
$1,675

Total Monthly Price
$1,675
2 Bedroom Apartment Available Now

7105 Montauk Cir, Unit 7105

7105 Montauk CirLake Oswego, OR 97035
Affordability
  • Smoke Free
close
View Me
Willow
Rent Specials
$1,798 - $4,877
Total Monthly Price

Total Monthly Price

Base Rent
$1,798 - $4,877

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Willow

5600 Meadows RdLake Oswego, OR 97035
Family Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 14267 Uplands Dr

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

1 Bedroom, 1 Bath Home for Rent

Available Now

14267 Uplands Dr

Lake OswegoOR97034
property at 6765 Montauk Cir

$1,835

Total Monthly Price

Total Monthly Price

Base Rent
$1,835

Total Monthly Price
$1,835

2 Bedroom, 1 Bath Condo for Rent

Available Now

6765 Montauk Cir, Unit 6765

6765 Montauk Cir
Lake OswegoOR97035

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.

close
View Me
ReNew Laurelwood
1 to 3 Bedroom Apartments

ReNew Laurelwood

3855 Lake Grove AveLake Oswego, OR 97035
Corporate Housing
  • Utilities Included
close
View Me
Haven Lake Oswego
1 to 2 Bedroom Apartments

Haven Lake Oswego

15000 Davis LnLake Oswego, OR 97035
Corporate Housing

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.

close
View Me
Mercato Grove
Studio to 3 Bedroom Apartments

Mercato Grove

3975-4055 Mercantile DrLake Oswego, OR 97035
close
View Me
ReNew Oakridge
2 to 3 Bedroom Apartments

ReNew Oakridge

4628 Oakridge RdLake Oswego, OR 97035
  • Utilities Included

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.

close
View Me
The Overland
Rent Specials
$1,613 - $2,650
Total Monthly Price

Total Monthly Price

Base Rent
$1,613 - $2,650

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

The Overland

11974 SW 72nd AveTigard, OR 97223
Pet Friendly
  • Verified
  • Customer Reviewed
  • Smoke Free
property at 1404 SW Dickinson Ln

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

1 Bedroom, 1 Bath Home for Rent

Available Now

1404 SW Dickinson Ln

PortlandOR97219
close
View Me
Red Rock Commons
1 Bedroom Apartments

Red Rock Commons

11090 SW 68th PkyTigard, OR 97223
  • Utilities Included
close
View Me
The 72nd Apartments
Studio to 3 Bedroom Apartments

The 72nd Apartments

11740 SW 72nd AveTigard, OR 97223

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.

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 Dartmouth Crossing North priced from $1,216. Stonesthrow Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,447. Here are the most affordable Lake Grove apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Dartmouth Crossing NorthOne Bedroom1BR,1BA$1,216
Stonesthrow ApartmentsA11BR,1BA$1,447
Hunt ClubPlan A11BR,1BA$1,495
The 72nd ApartmentsStudio AStudio,1BA$1,495
The Ridge at Mountain Park ApartmentsOne Bedroom One Bath1BR,1BA$1,525
Commons on the Tualatin RiverSandyStudio,1BA$1,550
Eddyline at BridgeportResidence 21BR,1BA$1,587
Timbers at TualatinNickle1BR,1BA$1,594
Parkridge Apartments1x1 small1BR,1BA$1,596

Best Value Apartments for Rent in Lake Grove, OR

As of June 09, 2026 the best value apartment in the Lake Grove area is the $2.09 price per square foot The Pinewood Model at The Bluffs at Mountain Park in the in the Far Southwest Portland neighborhood starting from $2,395. The second greatest value Lake Grove apartment is the 2 Bedroom, 2 Bath Model at Hampton Ridge Apartments starting at $1,800 with a $1.76 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.
The Bluffs at Mountain ParkThe Pinewood2BR,2BA$2.09
Hampton Ridge Apartments2 Bedroom, 2 Bath2BR,2BA$1.76
Oswego CoveTwo Bedroom Two Bath2BR,2BA$1.99
7105 Montauk Cir, Unit 71057105 Montauk Cir2BR,1BA$1.71
ReNew LaurelwoodBarberry2BR,1BA$2.00
The Ridge at Mountain Park ApartmentsOne Bedroom One Bath1BR,1BA$2.10
6361 SW Southwood Dr, Unit 36361 SW Southwood Dr1BR,1BA$2.14
Parkridge Apartments1x1 small1BR,1BA$2.35
Hunt ClubPlan A11BR,1BA$2.32
Timbers at TualatinNickle1BR,1BA$2.48

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 Article
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

4.0
Pet Friendly

decorative image of woman handing cat to small boy

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 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 $5,052.

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 11 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 $106 which is $4,946 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

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.

decorative image for Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland article

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.

decorative image for The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs article

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.

decorative image for From Arts to Eats: A Local Insiders Guide to Living in Portland's Best Spots article

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

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.