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$1,3991 Bedroom Apartments Available Now
667 McVey Ave, Unit 103
667 McVey AveLake Oswego, OR 97034
Cheap Homes for Rent in Lakewood Neighborhood of Lake Oswego, OR from $1,400 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Lakewood area of Lake Oswego.
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$1,450Studio Apartments Available Jul 1
3309 SE Evergreen Ave, Unit 3309 SE Evergreen Ave
3309 SE Evergreen AveMilwaukie, OR 97222
14832 SE Cedar Ave
MilwaukieOR97267
47 Eagle Crest Dr
Lake OswegoOR97035
14267 Uplands Dr
Lake OswegoOR97034
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.
1404 SW Dickinson Ln
PortlandOR97219
14020 SE Arista Dr
MilwaukieOR97267
37 Greenridge Ct
Lake OswegoOR97035
785 2nd St
Lake OswegoOR97034
13822 SE Oatfield Rd
MilwaukieOR97222
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.
12566 SE 27th Ave
MilwaukieOR97222
Showing Results 1-11, Page 1 of 1
Lakewood, Lake Oswego, OR Local Guide
How much does it cost to rent a home in Lakewood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakewood 2 Bedroom Homes for Rent | $3,065 | $1,495 | $5,000 |
| Lakewood 3 Bedroom Homes for Rent | $3,601 | $2,595 | $6,500 |
| Lakewood 4 Bedroom Homes for Rent | $4,091 | $2,775 | $6,995 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Lakewood Neighborhood of Lake Oswego, OR.
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Lakewood, Lake Oswego, OR Local Guide
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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 Dutch Village Apartments priced from $1,185. Shorewood Terrace Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,195. Here are the most affordable Lakewood apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Dutch Village Apartments | 0x1 | Studio,1BA | $1,185 |
| Shorewood Terrace Apartments | 1 Bedroom Garden | 1BR,1BA | $1,195 |
| Lake Village and Lakewood Apartments | 2 X 1 | 2BR,1BA | $1,425 |
| The Milwaukian | 2 Bedroom | 2BR,1BA | $1,495 |
| Arrive West Linn | Spruce | 1BR,1BA | $1,545 |
Best Value Apartments for Rent in Lakewood, OR
As of June 05, 2026 the best value apartment in the Lakewood area is the $1.59 price per square foot 2 Bedroom / 1.0 Bath townhome Model at Tara West Apartments in the in the Glenmorrie neighborhood starting from $1,600. The second greatest value Lakewood apartment is the 2 Beds, 1.5 Baths Model at Arista Townhomes starting at $1,900 with a $1.96 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. |
|---|---|---|---|
| Tara West Apartments | 2 Bedroom / 1.0 Bath townhome | 2BR,1.5BA | $1.59 |
| Arista Townhomes | 2 Beds, 1.5 Baths | 2BR,1.5BA | $1.96 |
| Miramonte Lodge | Sellwood | 2BR,2BA | $2.38 |
| Uptown at Lake Oswego | (250) 1BR Updated (840sq ft #46) | 1BR,1BA | $2.23 |
| Lake Village and Lakewood Apartments | 2x1 | 2BR,1BA | $2.06 |
| Overlook at the Willamette | One Bedroom | 1BR,1BA | $2.26 |
| Parkridge Apartments | 1x1 small | 1BR,1BA | $2.35 |
| The Milwaukian | 2 Bedroom | 2BR,1BA | $2.30 |
| Arrive West Linn | Spruce | 1BR,1BA | $2.44 |
| Shorewood Terrace Apartments | 1 Bedroom Garden | 1BR,1BA | $2.07 |
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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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 #20
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
Frequently Asked Questions about Lakewood
What type of rentals are currently available in Lakewood?
There are currently 89 Apartments for Rent in Lakewood, OR with pricing that ranges from $1,195 to $4,342. There are also 23 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakewood ranging from $1,495 to $6,995.
What is the current price range for Rental Homes in Lakewood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lakewood ranges from $1,495 to $6,995 with an average monthly rent of $3,118.
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
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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
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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.
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Creative Ways Developers Reimagine Retail Spaces as Residential Units
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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
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Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
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.