50 Northshore Rd
Lake OswegoOR97034
Cheap Apartments for Rent in the Lakewood Neighborhood of Lake Oswego, OR from $800 (28 Rentals)
Cheap Apartments in the Lakewood area of Lake Oswego.
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from $1,235Studio to 3 Bedroom Apartments Available Now
Parkridge Apartments
215 Greenridge DrLake Oswego, OR 97035
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Rent Specials
from $1,3111 to 5 Bedroom Apartments Available Now
One Jefferson
1 Jefferson PkyLake Oswego, OR 97035
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from $1,3271 to 3 Bedroom Apartments Contact Us For Availability
Mercy Greenbrae
3190 Furman DrLake Oswego, OR 97034
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from $1,075Studio to 2 Bedroom Apartments Available Now
Lake Village
11850 SE 26th AvePortland, OR 97222
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from $1,220Studio to 2 Bedroom Apartments Available Now
Miramonte Lodge
12200 SE McLoughlin BlvdMilwaukie, OR 97222
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from $1,295Studio to 3 Bedroom Apartments Available Now
Driftwood Terrace Apartments
13455 SE Oatfield RdMilwaukie, OR 97222
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from $1,325Studio to 3 Bedroom Apartments Available Now
Overlook at the Willamette
12601 SE River RdMilwaukie, OR 97222
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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from $1,353Studio to 2 Bedroom Apartments Available Now
Axletree Apartments
11125 SE 21st StMilwaukie, OR 97222
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from $1,370Studio to 2 Bedroom Apartments Available Now
Henley Place
10306 SE Main StMilwaukie, OR 97222
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from $1,460Studio to 3 Bedroom Apartments Available Now
Seven Acres
10999 SE 37th AveMilwaukie, OR 97222
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from $1,5502 Bedroom Apartments Available May 6
River Cliff Apartments
12505 SE River RdMilwaukie, OR 97222
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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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13455 SE Oatfield Rd
Oak GroveOR97222
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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
13848 SE Linden Ln
Oak GroveOR97222
Showing Results 1-28, 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 | $1,495 | $1,075 | $2,655 |
| Lakewood 1 Bedroom Apartments | $1,923 | $1,275 | $3,700 |
| Lakewood 2 Bedroom Apartments | $2,679 | $1,475 | $7,625 |
| Lakewood 3 Bedroom Apartments | $3,061 | $1,841 | $5,689 |
Browse Apartments in this Neighborhood
There are currently 28 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
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Cheapest Available Lakewood Apartments for Rent
The cheapest available apartment rental in the Lakewood area of Portland, OR is a Studio unit found at Lake Village priced from $1,075. Miramonte Lodge has the second lowest priced unit, which is a Studio apartment currently listed from $1,220. Here are the most affordable Lakewood apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lake Village | 0x1 | Studio,1BA | $1,075 |
| Miramonte Lodge | Morrison | Studio,1BA | $1,220 |
| Driftwood Terrace Apartments | Studio | Studio,1BA | $1,295 |
| Overlook at the Willamette | Studio | Studio,1BA | $1,325 |
| Axletree Apartments | Kellogg | Studio,1BA | $1,353 |
| Henley Place | The Maple | Studio,1BA | $1,370 |
| Seven Acres | Currant - Bldg 1 | Studio,1BA | $1,460 |
| Arrive West Linn | Spruce | 1BR,1BA | $1,645 |
| One Jefferson | A5--Renovated | 1BR,1BA | $1,779 |
| Mercato Grove | 1X1 A | 1BR,1BA | $1,960 |
Best Value Apartments for Rent in Lakewood, OR
As of May 03, 2025 the best value apartment in the Lakewood area is the $2.10 price per square foot 2x2 Model at Parkridge Apartments in the in the Far Southwest Portland neighborhood starting from $2,142. The second greatest value Lakewood apartment is the Plan E Model at Birnam Oaks at Waverley Greens starting at $2,950 with a $3.00 price per square foot in the Eastmoreland 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. |
|---|---|---|---|
| Parkridge Apartments | 2x2 | 2BR,2BA | $2.10 |
| Birnam Oaks at Waverley Greens | Plan E | 1BR,1BA | $3.00 |
| Oswego Pointe | 1 Bed 1 Bath | 1BR,1BA | $2.38 |
| Arrive West Linn | Spruce | 1BR,1BA | $2.59 |
| Overlook at the Willamette | Studio | Studio ,1BA | $2.33 |
| Axletree Apartments | Kellogg | Studio ,1BA | $2.58 |
| Seven Acres | Currant - Bldg 1 | Studio ,1BA | $2.95 |
| Miramonte Lodge | Morrison | Studio ,1BA | $2.52 |
| Driftwood Terrace Apartments | Studio | Studio ,1BA | $3.24 |
| Lake Village | 0x1 | Studio ,1BA | $2.87 |
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Pet Friendly LifestyleLakewood, Lake Oswego, OR
Ranked #19
Among neighborhoods in Lake Oswego, OR for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet 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 $1,960.
What is the price of a cheap apartment in Lakewood?
The cheapest apartment in Lakewood is Lake Village which is listed at $1,275, while the average apartment in Lakewood costs $4,500.
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 8 regular apartments in Lakewood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Lakewood?
Cheap apartments in Lakewood have an average cost of $122 which is $4,378 cheaper than the average rent for all rentals in Lakewood.
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.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.