Cheap Homes for Rent in Lake Grove Neighborhood of Lake Oswego, OR from $1,400 (15 Rentals)

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

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.

property at 86 Kingsgate Rd

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

2 Bedroom, 2 Bath Condo for Rent

Available Now

86 Kingsgate Rd, Unit H201

86 Kingsgate Rd
Lake OswegoOR97035
property at 6765 Montauk Cir

$1,795

Total Monthly Price

Total Monthly Price

Base Rent
$1,795

Total Monthly Price
$1,795

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.

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

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.

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. Timbers at Tualatin has the second lowest priced unit, which is a Studio apartment currently listed from $1,379. 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
Timbers at TualatinPebbleStudio,1BA$1,379
The OverlandStudioStudio,1BA$1,399
Stonesthrow Apartments1B1BR,1BA$1,439
The Ridge at Mountain Park ApartmentsOne Bedroom One Bath1BR,1BA$1,525

Best Value Apartments for Rent in Lake Grove, OR

As of June 22, 2026 the best value apartment in the Lake Grove area is the $2.32 price per square foot 2bd 1.5ba Model at Quarry Commons in the in the Childs neighborhood starting from $2,895. The second greatest value Lake Grove apartment is the Two Bedroom Two Bath Model at Oswego Cove starting at $2,050 with a $2.01 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.
Quarry Commons2bd 1.5ba2BR,1.5BA$2.32
Oswego CoveTwo Bedroom Two Bath2BR,2BA$2.01
7105 Montauk Cir, Unit 71057105 Montauk Cir2BR,1BA$1.71
Hampton Ridge Apartments2 Bedroom 2 Bath2BR,2BA$1.88
Hunt ClubPlan B2B2BR,2BA$1.94
Parkridge Apartments2x12BR,1BA$2.18
Jackson Square2 Bedroom - 1 Bath2BR,1BA$1.88
The Bluffs at Mountain ParkThe Birchwood1BR,1BA$2.47
The Ridge at Mountain Park ApartmentsOne Bedroom One Bath1BR,1BA$2.10
The 72nd ApartmentsStudio BStudio ,1BA$2.46

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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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.

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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 #7

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Lake Grove

What type of rentals are currently available in Lake Grove?

There are currently 71 Apartments for Rent in Lake Grove, OR with pricing that ranges from $1,216 to $9,824. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Grove ranging from $1,469 to $7,000.

What is the current price range for Rental Homes in Lake Grove?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Grove ranges from $1,469 to $7,000 with an average monthly rent of $3,344.

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.

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.

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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

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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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.

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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.