Cheap Apartments for Rent in the Lakewood Neighborhood of Lake Oswego, OR from $860 (41 Rentals)

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

property at 50 Northshore Rd

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

Studio, 1 Bath Home for Rent

Available Now

50 Northshore Rd

Lake OswegoOR97034
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Parkridge Apartments
Rent Specials
$1,516 - $3,286
Total Monthly Price

Total Monthly Price

Base Rent
$1,516 - $3,286

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Parkridge Apartments

215 Greenridge DrLake Oswego, OR 97035
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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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Mercy Greenbrae
1 to 3 Bedroom Apartments

Mercy Greenbrae

3190 Furman DrLake Oswego, OR 97034
  • Utilities Included

Portland’s Best Affordable Neighborhoods

Learn about Portland and the best places to live with original content written by our Portland, OR Local Expert Chad Deitchley

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Bay Roc Apartments
Studio to 2 Bedroom Apartments

Bay Roc Apartments

667 McVey AveLake Oswego, OR 97034

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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12331 SE Whitcomb Dr., Unit #2
$1,495
Total Monthly Price

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495
2 Bedroom Apartment Available Sep 1

12331 SE Whitcomb Dr., Unit #2

12331 SE Whitcomb Dr.Milwaukie, OR 97222
Cost Per Sq.Ft.
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property at 1404 SW Dickinson Ln

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Stanford
1 to 2 Bedroom Apartments

Stanford

2013 SE Courtney RdMilwaukie, OR 97222
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Chestnut Place
1 to 2 Bedroom Apartments

Chestnut Place

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

Quail Ridge Apartments

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

Forest Ridge

12500-12600 SE River RdPortland, OR 97222

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Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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
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Arista Townhomes
2 to 3 Bedroom Apartments

Arista Townhomes

14012-14026 SE Arista DrMilwaukie, OR 97267
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Villas at Oak Point
3 to 4 Bedroom Apartments

Villas at Oak Point

18399 Shady Hollow WayWest Linn, OR 97068

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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.

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 1 Bed unit found at Dutch Village Apartments priced from $1,275. Overlook at the Willamette has the second lowest priced unit, which is a Studio apartment currently listed from $1,290. Here are the most affordable Lakewood apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Dutch Village Apartments1x11BR,1BA$1,275
Overlook at the WillametteStudioStudio,1BA$1,290
Axletree ApartmentsKELLOGG 1Studio,1BA$1,428
Parkridge Apartments1 Bed/1 Bath1BR,1BA$1,516
Arrive West LinnSpruce1BR,1BA$1,529
Linden Terrace2 bed 1 bath upper2BR,1BA$1,599
Uptown at Lake Oswego(295) 1BR (700sq ft #1, 4, 8, 10, 12)1BR,1BA$1,600
River Cliff ApartmentsThe Bluff2BR,1BA$1,625
Miramonte LodgeMarquam1BR,1BA$1,675
Driftwood Terrace3x13BR,1BA$1,795

Best Value Apartments for Rent in Lakewood, OR

As of August 26, 2026 the best value apartment in the Lakewood area is the $1.67 price per square foot The Bluff Model at River Cliff Apartments in the in the Foothills neighborhood starting from $1,625. The second greatest value Lakewood apartment is the 3x1 Model at Driftwood Terrace starting at $1,795 with a $1.89 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 ListingModel NameBed/BathPrice Per Sq.Ft.
River Cliff ApartmentsThe Bluff2BR,1BA$1.67
Driftwood Terrace3x13BR,1BA$1.89
Parkridge Apartments2x12BR,1BA$2.17
Linden Terrace2 bed 1 bath upper2BR,1BA$2.05
Miramonte LodgeMarquam1BR,1BA$2.47
Arrive West LinnSpruce1BR,1BA$2.41
Dutch Village Apartments1x11BR,1BA$2.20
Overlook at the WillametteStudioStudio ,1BA$2.27
Uptown at Lake Oswego(258) 1BR POOL UPPER, Fully renovated, balcony ...1BR,1BA$3.57
Axletree ApartmentsKELLOGG 1Studio ,1BA$3.01

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 #25

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

What is the Cheapest Studio apartment in Lakewood?

Currently the most affordable Cheap Studio Apartment in Lakewood is at Overlook at the Willamette listed at $1,290.

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

The lowest price for a Cheap One Bedroom Lakewood Apartment is $1,275 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 $1,599 at Linden Terrace.

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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