1912 SE Waldron Rd
MilwaukieOR97222
Cheap Homes for Rent in Lakewood Neighborhood of Lake Oswego, OR from $1,400 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Lakewood area of Lake Oswego.
13455 SE Oatfield Rd
Oak GroveOR97222
3025 SE Maple St
PortlandOR97267
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14267 Uplands Dr
Lake OswegoOR97034
44 Eagle Crest Dr, Unit 7
44 Eagle Crest Dr
Lake OswegoOR97035
1587 SE Oak Grove Blvd
MilwaukieOR97267
45 Eagle Crest Dr
Lake OswegoOR97035
13822 SE Oatfield Rd
MilwaukieOR97222
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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 a home in Lakewood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakewood 2 Bedroom Homes for Rent | $2,222 | $1,495 | $3,000 |
| Lakewood 3 Bedroom Homes for Rent | $3,761 | $2,180 | $7,200 |
| Lakewood 4 Bedroom Homes for Rent | $4,534 | $3,499 | $6,500 |
| Lakewood 5 Bedroom Homes for Rent | $4,027 | $3,789 | $4,550 |
Browse Homes for Rent in this Neighborhood
There are currently 9 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 Overlook at the Willamette priced from $1,310. Miramonte Lodge has the second lowest priced unit, which is a Studio apartment currently listed from $1,340. Here are the most affordable Lakewood apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Overlook at the Willamette | Studio | Studio,1BA | $1,310 |
| Miramonte Lodge | Morrison | Studio,1BA | $1,340 |
| Axletree Apartments - City Vibes, Small To... | KELLOGG 2 | Studio,1BA | $1,399 |
Best Value Apartments for Rent in Lakewood, OR
As of August 27, 2025 the best value apartment in the Lakewood area is the $1.85 price per square foot 13235 SE Oatfield Rd Model at 13235 SE Oatfield Rd in the in the Glenmorrie neighborhood starting from $2,595. The second greatest value Lakewood apartment is the 2 Bedroom / 1.0 Bath townhome Model at Tara West Apartments starting at $1,600 with a $1.59 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. |
|---|---|---|---|
| 13235 SE Oatfield Rd | 13235 SE Oatfield Rd | 3BR,1.5BA | $1.85 |
| Tara West Apartments | 2 Bedroom / 1.0 Bath townhome | 2BR,1.5BA | $1.59 |
| Oswego Pointe | 1 Bed 1 Bath | 1BR,1BA | $2.23 |
| Maple Grove Court | 2x1 | 2BR,1BA | $1.77 |
| Parkridge Apartments | 2x1 | 2BR,1BA | $2.24 |
| Driftwood Terrace | 2x1 | 2BR,1BA | $1.87 |
| Lake Village | 2x1 | 2BR,1BA | $1.96 |
| Overlook at the Willamette | One Bedroom | 1BR,1BA | $2.28 |
| Arrive West Linn | Spruce | 1BR,1BA | $2.44 |
| Axletree Apartments - City Vibes, Small To... | KELLOGG 2 | Studio ,1BA | $2.69 |
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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
Frequently Asked Questions about Lakewood
What type of rentals are currently available in Lakewood?
There are currently 95 Apartments for Rent in Lakewood, OR with pricing that ranges from $1,195 to $4,530. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakewood ranging from $1,450 to $7,200.
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 $1,450 to $7,200 with an average monthly rent of $3,253.
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.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.