47 Eagle Crest Dr, Unit 29
47 Eagle Crest Dr
Lake OswegoOR97035
Cheap Apartments for Rent in the Lakewood Neighborhood of Lake Oswego, OR from $800 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lakewood area of Lake Oswego.
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15030 SE Arista Dr
PortlandOR97267
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Rent Specials
$1,275 - $1,605Studio to 1 Bedroom Apartments Available Now
Axletree Apartments - City Vibes, Small Town Soul
11125 SE 21st StMilwaukie, OR 97222
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Rent Specials
$1,290 - $2,155Studio to 2 Bedroom Apartments Available Now
Miramonte Lodge
12200 SE McLoughlin BlvdMilwaukie, 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.
3327 SE Maple St
PortlandOR97267
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$1,325 - $1,833Studio to 3 Bedroom Apartments Available Now
Overlook at the Willamette
12601 SE River RdMilwaukie, OR 97222
12775 SE 25th Ave
MilwaukieOR97222
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13455 SE Oatfield Rd
Oak GroveOR97222
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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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12576 SE 27th Ave
MilwaukieOR97222
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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.
Showing Results 1-21, Page 1 of 1
Lakewood, Lake Oswego, OR Local Guide
View of Lakewood Bay, Oswego Lake by Wiki User: Esprqii is licensed under CC BY-SA 3.0
How much does it cost to rent an apartment in Lakewood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakewood Studio Apartments | $1,321 | $1,095 | $1,530 |
| Lakewood 1 Bedroom Apartments | $1,774 | $995 | $3,635 |
| Lakewood 2 Bedroom Apartments | $2,332 | $1,295 | $5,400 |
| Lakewood 3 Bedroom Apartments | $4,150 | $2,295 | $6,005 |
Browse Apartments in this Neighborhood
There are currently 21 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
- ZIP codes
- Local Counties
- School Districts
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 Tara West Apartments priced from $1,250. Axletree Apartments - City Vibes, Small Town Soul has the second lowest priced unit, which is a Studio apartment currently listed from $1,275. Here are the most affordable Lakewood apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Tara West Apartments | 1 Bedroom / 1.0 Bath | 1BR,1BA | $1,250 |
| Axletree Apartments - City Vibes, Small Town Soul | KELLOGG 1 | Studio,1BA | $1,275 |
| Miramonte Lodge | Morrison | Studio,1BA | $1,295 |
| Overlook at the Willamette | Studio | Studio,1BA | $1,325 |
| Lake Village | 2x1 | 2BR,1BA | $1,450 |
Best Value Apartments for Rent in Lakewood, OR
As of November 27, 2025 the best value apartment in the Lakewood area is the $3.38 price per square foot One Bedroom One Bath - 960 Model at The Windward Apartments in the in the Glenmorrie neighborhood starting from $3,245. The second greatest value Lakewood apartment is the Cedar Flat Model at Arrive West Linn starting at $1,995 with a $2.16 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. |
|---|---|---|---|
| The Windward Apartments | One Bedroom One Bath - 960 | 1BR,1BA | $3.38 |
| Arrive West Linn | Cedar Flat | 2BR,2BA | $2.16 |
| Lake Village | 2x1 | 2BR,1BA | $1.96 |
| 1691 Parrish St, Unit Your home away from home | 1691 Parrish St | 1BR,1BA | $2.56 |
| Tara West Apartments | 1 Bedroom / 1.0 Bath | 1BR,1BA | $1.84 |
| Parkridge Apartments | 1x1 small | 1BR,1BA | $2.45 |
| Overlook at the Willamette | Studio | Studio ,1BA | $2.33 |
| Miramonte Lodge | Morrison | Studio ,1BA | $2.67 |
| Axletree Apartments - City Vibes, Small Town Soul | KELLOGG 1 | Studio ,1BA | $2.68 |
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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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 LifestyleLakewood, Lake Oswego, OR
Ranked #26
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
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.
Getting Around the Lakewood Neighborhood in Lake Oswego, OR
Walk Score®
88 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
63 / 100
Bikeable
Some bike infrastructure
Transit Score®
31 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $2,165.
What is the price of a cheap apartment in Lakewood?
The cheapest apartment in Lakewood is Tara West Apartments which is listed at $1,250, while the average apartment in Lakewood costs $4,150.
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 12 regular apartments in Lakewood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.