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$1,165 - $2,640
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Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,165 - $2,640
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Parkridge Apartments
215 Greenridge DrLake Oswego, OR 97035
Cheap Apartments for Rent in the Lakewood Neighborhood of Lake Oswego, OR from $800 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lakewood area of Lake Oswego.
50 Northshore Rd
Lake OswegoOR97034
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$1,650 - $1,9001 to 2 Bedroom Apartments Available Now
Uptown at Lake Oswego
295 3rd StLake Oswego, OR 97034
477-479 6th St
Lake OswegoOR97034
14267 Uplands Dr
Lake OswegoOR97034
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Studio to 3 Bedroom Apartments
Northshore Apartments
50 Northshore RdLake Oswego, OR 97034
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1 to 3 Bedroom Apartments
Mercy Greenbrae
3190 Furman DrLake Oswego, OR 97034
47 Eagle Crest Dr
Lake OswegoOR97035
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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.
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$1,270 - $2,120Studio to 2 Bedroom Apartments Available Now
Miramonte Lodge
12200 SE McLoughlin BlvdMilwaukie, OR 97222
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$1,295 - $1,4951 to 2 Bedroom Apartments Available Now
Driftwood Terrace
13455 SE Oatfield RdMilwaukie, OR 97222
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$1,3951 Bedroom Apartments Available Now
Shorewood Terrace Apartments
11233 SE 27th AveMilwaukie, OR 97222
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$1,425 - $1,5502 Bedroom Apartments Available Now
Lake Village and Lakewood Apartments
11850 SE 26th AvePortland, OR 97222
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$1,4952 Bedroom Apartments Available Now
The Milwaukian
11275 SE 27th AveMilwaukie, OR 97222
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Rent Specials
$1,499 - $1,6721 Bedroom Apartments Available Now
Axletree Apartments
11125 SE 21st StMilwaukie, OR 97222
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$1,530 - $2,810Studio to 3 Bedroom Apartments Available Now
Overlook at the Willamette
12601 SE River RdMilwaukie, OR 97222
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$1,595 - $1,7952 Bedroom Apartments Contact Us For Availability
River Cliff Apartments
12505 SE River RdMilwaukie, OR 97222
1404 SW Dickinson Ln
PortlandOR97219
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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$2,395
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3 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$2,395
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$2,395
14813 SE Arista Dr, Unit 14813, Unit 14813
14813 SE Arista DrPortland, OR 97267
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Studio to 3 Bedroom Apartments
Courtney Square
2660 SE Courtney RdPortland, OR 97222
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1 to 2 Bedroom Apartments
Stanford
2013 SE Courtney RdMilwaukie, OR 97222
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Studio to 1 Bedroom Apartments
Dutch Village Apartments
11345 SE 27th AvePortland, OR 97222
12578 SE 27th Ave
Oak GroveOR97222
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1 to 3 Bedroom Apartments
Tara West Apartments
14303 SE Rupert DrMilwaukie, OR 97267
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1 to 2 Bedroom Apartments
Quail Ridge Apartments
2868 SE Lake RdMilwaukie, OR 97222
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1 to 2 Bedroom Apartments
Chestnut Place
12106 SE Lake RdMilwaukie, OR 97222
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Studio to 3 Bedroom Apartments
Water's Edge Apartments
12730 SE McLoughlin BlvdMilwaukie, OR 97222
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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1 to 4 Bedroom Apartments
Forest Ridge
12600 SE River Rd SPortland, OR 97222
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2 Bedroom Apartments
15540 SE E Ave
15540 SE E AveMilwaukie, OR 97267
14832 SE Cedar Ave
MilwaukieOR97267
13455 SE Oatfield Rd
Oak GroveOR97222
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2 to 4 Bedroom Apartments
Cherry Park Apartments - NK-2717M
2717 SE Chestnut StPortland, OR 97267
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1 to 2 Bedroom Apartments
Arrive West Linn
4001 Robin PlWest Linn, OR 97068
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2 Bedroom Apartments
Maple Grove Court
3025 SE Maple StMilwaukie, OR 97267
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2 Bedroom Apartments
Linden Terrace
13306 SE Linden LnMilwaukie, OR 97222
14020 SE Arista Dr
MilwaukieOR97267
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.
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3 to 4 Bedroom Apartments
Villas at Oak Point
18399 Shady Hollow WayWest Linn, OR 97068
Showing Results 1-37, Page 1 of 1
Lakewood, Lake Oswego, OR Local Guide
How much does it cost to rent an apartment in Lakewood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakewood Studio Apartments | $1,286 | $1,165 | $1,455 |
| Lakewood 1 Bedroom Apartments | $1,815 | $1,250 | $3,285 |
| Lakewood 2 Bedroom Apartments | $2,511 | $1,425 | $7,945 |
| Lakewood 3 Bedroom Apartments | $3,376 | $2,250 | $6,220 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 37 rentals with your search options within a 2 mile radius of the Lakewood Neighborhood of Lake Oswego, OR.
See all Apartments in Lake OswegoExplore Lake Oswego
Lakewood, Lake Oswego, OR Local Guide
- Nearby Lake Oswego neighborhoods
- Nearby Cities
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- Local Counties
- School Districts
Cheapest Available Lakewood Apartments for Rent
The cheapest available apartment rental in the Lakewood area of Portland, OR is a Studio unit found at Miramonte Lodge priced from $1,270. Shorewood Terrace Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,395. Here are the most affordable Lakewood apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Miramonte Lodge | Morrison | Studio,1BA | $1,270 |
| Shorewood Terrace Apartments | 1 Bedroom Vaulted | 1BR,1BA | $1,395 |
| Lake Village and Lakewood Apartments | 2 X 1 | 2BR,1BA | $1,425 |
| Parkridge Apartments | Studio | Studio,1BA | $1,455 |
| Driftwood Terrace | 2x1 | 2BR,1BA | $1,495 |
| The Milwaukian | 2 Bedroom | 2BR,1BA | $1,495 |
| Axletree Apartments | LEWELLING 2 | 1BR,1BA | $1,499 |
| Overlook at the Willamette | One Bedroom | 1BR,1BA | $1,530 |
| Arrive West Linn | Spruce | 1BR,1BA | $1,545 |
| Uptown at Lake Oswego | (295) 2BR (910sq ft #2-3, 5, 7, 9, 11) | 2BR,1BA | $1,675 |
Best Value Apartments for Rent in Lakewood, OR
As of May 06, 2026 the best value apartment in the Lakewood area is the $2.27 price per square foot 14813 SE Arista Dr Model at 14813 SE Arista Dr, Unit 14813 in the in the Glenmorrie neighborhood starting from $2,395. The second greatest value Lakewood apartment is the (250) 1BR Updated (840sq ft #46) Model at Uptown at Lake Oswego starting at $1,875 with a $2.23 price per square foot in the Glenmorrie neighborhood. Here is today’s list of the best values for Lakewood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 14813 SE Arista Dr, Unit 14813 | 14813 SE Arista Dr | 3BR,2BA | $2.27 |
| Uptown at Lake Oswego | (250) 1BR Updated (840sq ft #46) | 1BR,1BA | $2.23 |
| Driftwood Terrace | 2x1 | 2BR,1BA | $1.87 |
| Lake Village and Lakewood Apartments | 2x1 | 2BR,1BA | $1.99 |
| Overlook at the Willamette | One Bedroom | 1BR,1BA | $2.23 |
| Shorewood Terrace Apartments | 1 Bedroom Ground | 1BR,1BA | $2.05 |
| Axletree Apartments | SWEETLAND 3 | 1BR,1BA | $2.48 |
| The Milwaukian | 2 Bedroom | 2BR,1BA | $2.30 |
| Arrive West Linn | Spruce | 1BR,1BA | $2.44 |
| Miramonte Lodge | Morrison | Studio ,1BA | $2.62 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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.
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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 LifestyleLakewood, Lake Oswego, OR
Ranked #22
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Lakewood, Lake Oswego, OR
Lake Oswego Junior High School
Lake Oswego School District 7j
Public School - Grades 6-8 (824)
6 out of 10
School data provided by Great Schools
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
What is the price of a cheap apartment in Lakewood?
The cheapest apartment in Lakewood is Shorewood Terrace Apartments which is listed at $1,395, while the average apartment in Lakewood costs $2,517.
What types of apartments are the cheapest in Lakewood?
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 10 regular apartments in Lakewood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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
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.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.