Cheap Apartments for Rent in the Lakewood Neighborhood of Lake Oswego, OR from $800 (34 Rentals)

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

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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
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Northshore Apartments
Studio to 3 Bedroom Apartments

Northshore Apartments

50 Northshore RdLake Oswego, OR 97034
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Mercy Greenbrae
1 to 3 Bedroom Apartments

Mercy Greenbrae

3190 Furman DrLake Oswego, OR 97034
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Bay Roc Apartments
Studio to 2 Bedroom Apartments

Bay Roc Apartments

667 McVey AveLake Oswego, OR 97034

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 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
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Courtney Square
Studio to 3 Bedroom Apartments

Courtney Square

2660 SE Courtney RdPortland, OR 97222

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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Stanford
1 to 2 Bedroom Apartments

Stanford

2013 SE Courtney RdMilwaukie, OR 97222
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Dutch Village Apartments
Studio to 1 Bedroom Apartments

Dutch Village Apartments

11345 SE 27th AvePortland, OR 97222
  • Utilities Included
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Driftwood Terrace
Studio to 3 Bedroom Apartments

Driftwood Terrace

13455 SE Oatfield RdMilwaukie, OR 97222
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Chestnut Place
1 to 2 Bedroom Apartments

Chestnut Place

12106 SE Lake RdMilwaukie, OR 97222
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Quail Ridge Apartments
1 to 2 Bedroom Apartments

Quail Ridge Apartments

2868 SE Lake RdMilwaukie, OR 97222
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Forest Ridge
1 to 4 Bedroom Apartments

Forest Ridge

12500-12600 SE River RdPortland, OR 97222

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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15540 SE E Ave
2 Bedroom Apartments

15540 SE E Ave

15540 SE E AveMilwaukie, OR 97267
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Arrive West Linn
1 to 2 Bedroom Apartments

Arrive West Linn

4001 Robin PlWest Linn, OR 97068
Corporate Housing
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Linden Terrace
2 Bedroom Apartments

Linden Terrace

13306 SE Linden LnMilwaukie, OR 97222
  • Utilities Included
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Maple Grove Court
2 Bedroom Apartments

Maple Grove Court

3025 SE Maple StMilwaukie, OR 97267

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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Arista Townhomes
2 to 3 Bedroom Apartments

Arista Townhomes

14012-14026 SE Arista DrMilwaukie, OR 97267

Lakewood, Lake Oswego, OR Local Guide

Cheapest Available Lakewood Apartments for Rent

 

The cheapest available apartment rental in the Lakewood area of Portland, OR is a Studio unit found at Dutch Village Apartments priced from $1,185. Overlook at the Willamette has the second lowest priced unit, which is a Studio apartment currently listed from $1,329. Here are the most affordable Lakewood apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Dutch Village Apartments0x1Studio,1BA$1,185
Overlook at the WillametteStudioStudio,1BA$1,329
Lake Village2 X 12BR,1BA$1,425
The Milwaukian2 Bedroom2BR,1BA$1,495
Arrive West LinnSpruce1BR,1BA$1,545
Uptown at Lake Oswego(295) 1BR (700sq ft #1, 4, 8, 10, 12)1BR,1BA$1,600
Miramonte LodgeMarquam1BR,1BA$1,605
River Cliff ApartmentsLayout A2BR,1BA$1,625
Maple Grove Court2x12BR,1BA$1,695
Axletree ApartmentsSWEETLAND 11BR,1BA$1,772

Best Value Apartments for Rent in Lakewood, OR

As of June 25, 2026 the best value apartment in the Lakewood area is the $2.19 price per square foot 3BR/2.0BA Model at Lake Village in the in the Foothills neighborhood starting from $3,495. The second greatest value Lakewood apartment is the Layout A Model at River Cliff Apartments starting at $1,625 with a $1.67 price per square foot in the Foothills neighborhood. Here is today’s list of the best values for Lakewood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lake Village3BR/2.0BA3BR,2BA$2.19
River Cliff ApartmentsLayout A2BR,1BA$1.67
Arista Townhomes2 Beds, 1.5 Baths2BR,1.5BA$1.96
Maple Grove Court2x12BR,1BA$1.88
Parkridge Apartments2x12BR,1BA$2.18
Uptown at Lake Oswego(295) 1BR (700sq ft #1, 4, 8, 10, 12)1BR,1BA$2.29
Overlook at the WillametteOne Bedroom1BR,1BA$2.26
Miramonte LodgeMarquam1BR,1BA$2.37
The Milwaukian2 Bedroom2BR,1BA$2.30
Arrive West LinnSpruce1BR,1BA$2.44

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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Pet Friendly Lifestyle
Lakewood, Lake Oswego, OR

Ranked #24

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Lifestyle Ratings

Our team compiles millions of data points to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Portland, Oregon. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, transit availability, pet-friendly communities, family-friendliness, walking, and biking. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Lakewood Apartments

How much is rent for a Cheap One Bedroom Lakewood Apartment?

The lowest price for a Cheap One Bedroom Lakewood Apartment is $1,300 at Dutch Village Apartments.

What is the lowest price for a Cheap Two Bedroom Lakewood Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lakewood is starting from $1,425 at Lake Village.

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.

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