Cheap Apartments for Rent in the Lakewood Neighborhood of Lake Oswego, OR from $800 (25 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

$1,125

Total Monthly Price

Total Monthly Price

Base Rent
$1,125

Total Monthly Price
$1,125

Studio, 1 Bath Home for Rent

Available Now

50 Northshore Rd

Lake OswegoOR97034
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Parkridge Apartments
Rent Specials
$1,425 - $2,087
Total Monthly Price

Total Monthly Price

Base Rent
$1,425 - $2,087

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
  • Utilities Included
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Mercy Greenbrae
1 to 3 Bedroom Apartments

Mercy Greenbrae

3190 Furman DrLake Oswego, OR 97034
  • Utilities Included
property at 45 Eagle Crest Dr

$1,350 - $1,775

1 To 2 Bedroom Rentals

Available Now

45 Eagle Crest Dr

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.

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Lake Village
Rent Specials
$1,425 - $1,550
Total Monthly Price

Total Monthly Price

Base Rent
$1,321 - $1,446
Required Monthly Fees
$104

Total Monthly Price
$1,425 - $1,550
2 Bedroom Apartments Available Now

Lake Village

11850 SE 26th AvePortland, OR 97222
Affordability
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  • Utilities Included

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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Courtney Square
Studio to 3 Bedroom Apartments

Courtney Square

2660 SE Courtney RdPortland, OR 97222
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Stanford
1 to 2 Bedroom Apartments

Stanford

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

Dutch Village

11345 SE 27th AvePortland, OR 97222
  • Utilities Included
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Shorewood Terrace
1 to 2 Bedroom Apartments

Shorewood Terrace

11233 SE 27th AveMilwaukie, OR 97222
  • Utilities Included
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Chestnut Place
1 to 2 Bedroom Apartments

Chestnut Place

12106 SE Lake RdMilwaukie, OR 97222
  • Utilities Included

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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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

12600 SE River Rd SPortland, OR 97222
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15540 SE E Ave
2 Bedroom Apartments

15540 SE E Ave

15540 SE E AveMilwaukie, OR 97267

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.

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 $1,250. Miramonte Lodge has the second lowest priced unit, which is a Studio apartment currently listed from $1,345. Here are the most affordable Lakewood apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Dutch Village Apartments0x1Studio,1BA$1,250
Miramonte LodgeMorrisonStudio,1BA$1,345
Parkridge ApartmentsStudioStudio,1BA$1,425
Lake Village2 X 12BR,1BA$1,425
AxletreeKELLOGG 2Studio,1BA$1,449

Best Value Apartments for Rent in Lakewood, OR

As of March 22, 2026 the best value apartment in the Lakewood area is the $2.36 price per square foot 14813 SE Arista Dr Model at 14813 SE Arista Dr, Unit 14813 in the in the Glenmorrie neighborhood starting from $2,495. The second greatest value Lakewood apartment is the Cedar Flat Model at Arrive West Linn starting at $1,900 with a $2.06 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.
14813 SE Arista Dr, Unit 1481314813 SE Arista Dr3BR,2BA$2.36
Arrive West LinnCedar Flat2BR,2BA$2.06
Overlook at the WillametteTwo Bedroom2BR,1BA$2.24
Linden Terrace2 bed 1 bath upper2BR,1BA$2.05
Lake Village2x12BR,1BA$1.99
Uptown at Lake Oswego(258) 1 Bedroom (#51-#1 thru #55-5, #60-10 thru...1BR,1BA$2.59
Parkridge ApartmentsStudioStudio ,1BA$2.59
AxletreeKELLOGG 2Studio ,1BA$2.79
Miramonte LodgeMorrisonStudio ,1BA$2.78
Dutch Village0x1Studio ,1BA$2.78

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.

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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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The 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.

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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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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
Lakewood, Lake Oswego, OR

Ranked #20

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 a cheap apartment in Lakewood?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lakewood is under $2,065.

What is the price of a cheap apartment in Lakewood?

The cheapest apartment in Lakewood is Dutch Village which is listed at $1,275, while the average apartment in Lakewood costs $4,185.

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 11 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

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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.

decorative image for Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland article

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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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.