Cheap Apartments for Rent in the Lakeview Summit Neighborhood of Lake Oswego, OR from $800 (21 Rentals)

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

property at 15370 Bangy Rd

15370 Bangy Rd

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.

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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Northshore Apartments
Studio to 3 Bedroom Apartments

Northshore Apartments

50 Northshore RdLake Oswego, OR 97034
  • Utilities Included
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ReNew Laurelwood
2 Bedroom Apartments

ReNew Laurelwood

3855 Lake Grove AveLake Oswego, OR 97035
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Jackson Square
2 Bedroom Apartments

Jackson Square

5318 Lakeview BlvdLake Oswego, OR 97035

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Lakeview Summit, Lake Oswego, OR Local Guide

Cheapest Available Lakeview Summit Apartments for Rent

 

The cheapest available apartment rental in the Lakeview Summit area of Portland, OR is a Studio unit found at The Overland priced from $1,280. Stonesthrow Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,410. Here are the most affordable Lakeview Summit apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
The OverlandStudioStudio,1BA$1,280
Stonesthrow ApartmentsA11BR,1BA$1,410
The Ridge at Mountain Park ApartmentsOne Bedroom One Bath1BR,1BA$1,525
One JeffersonA41BR,1BA$1,577
Hermoso View1x1 L (Top Floor)1BR,1BA$1,595

Best Value Apartments for Rent in Lakeview Summit, OR

As of June 04, 2025 the best value apartment in the Lakeview Summit area is the $1.33 price per square foot 3900 Canal Rd Model at 3900 Canal Rd in the in the Childs neighborhood starting from $1,799. The second greatest value Lakeview Summit apartment is the 2x2 Model at Parkridge Apartments starting at $2,142 with a $2.10 price per square foot in the Far Southwest Portland neighborhood. Here is today’s list of the best values for Lakeview Summit apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3900 Canal Rd3900 Canal Rd1BR,1BA$1.33
Parkridge Apartments2x22BR,2BA$2.10
Boardwalk PlaceC units2BR,2BA$2.75
Haven Lake Oswego2 bed 2 bath2BR,2BA$1.86
Hunt ClubPlan B12BR,1BA$1.96
Westlake Meadows Apartments2x1.75 881 sq. ft. The Willow2BR,1.75BA$2.66
Milo at Mountain ParkAsh1BR,1BA$2.05
The Ridge at Mountain Park ApartmentsOne Bedroom One Bath1BR,1BA$2.10
River Lofts Apartments1 Bedroom & 1 Bath1BR,1BA$2.40
100 Kerr Pkwy, Unit 13100 Kerr Pkwy1BR,1BA$2.51

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Lakeview Summit, Lake Oswego, OR

Ranked #11

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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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities, and rental properties across Oregon, including Lake Oswego. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, family-friendly amenities, raising pets, transit options, and much more. These search options are in the site filters at the top of this page.

Getting Around the Lakeview Summit Neighborhood in Lake Oswego, OR

Walk Score®

9 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

18 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

23 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Lakeview Summit Apartments

What is a cheap apartment in Lakeview Summit?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lakeview Summit is under $1,702.

What is the price of a cheap apartment in Lakeview Summit?

The cheapest apartment in Lakeview Summit is Stonesthrow Apartments which is listed at $1,410, while the average apartment in Lakeview Summit costs $4,500.

What types of apartments are the cheapest in Lakeview Summit?

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 7 regular apartments in Lakeview Summit 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 Lakeview Summit?

Cheap apartments in Lakeview Summit have an average cost of $161 which is $4,339 cheaper than the average rent for all rentals in Lakeview Summit.

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.

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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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The Art of the Rental Viewing: What to look for during a property tour

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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

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If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.