
Cheap Homes for Rent in Lakewood Neighborhood of Lake Oswego, OR from $700 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Lakewood area of Lake Oswego.

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.

2747 SE Chestnut St
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.

14267 Uplands Dr
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 | $1,595 | $1,595 | $1,595 |
Lakewood 3 Bedroom Homes for Rent | $3,270 | $2,495 | $4,650 |
Lakewood 4 Bedroom Homes for Rent | $7,000 | $7,000 | $7,000 |
Lakewood 5 Bedroom Homes for Rent | $4,800 | $4,800 | $4,800 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Lakewood Neighborhood of Lake Oswego, OR.
Explore Lake Oswego
Lakewood, Lake Oswego, OR Local Guide
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Best Value Apartments for Rent in Lakewood, OR
As of June 21, 2025 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 1 Bed 1 Bath Model at Oswego Pointe starting at $2,015 with a $2.19 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 |
Oswego Pointe | 1 Bed 1 Bath | 1BR,1BA | $2.19 |
Parkridge Apartments | 1 loft small | 1BR,1BA | $2.11 |
Lake Village | 2x1 | 2BR,1BA | $1.96 |
1691 Parrish St, Unit Your home away from home | 1691 Parrish St | 1BR,1BA | $2.71 |
Arrive West Linn | Spruce | 1BR,1BA | $2.40 |
Dutch Village Apartments | 1x1 | 1BR,1BA | $2.24 |
Overlook at the Willamette | Studio | Studio ,1BA | $2.25 |
Axletree Apartments | Kellogg | Studio ,1BA | $2.67 |
Miramonte Lodge | Morrison | Studio ,1BA | $2.61 |
Quick Rent Budget Calculator
How much rent can you afford?
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Frequently Asked Questions about Lakewood
What type of rentals are currently available in Lakewood?
There are currently 99 Apartments for Rent in Lakewood, OR with pricing that ranges from $1,250 to $7,625. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakewood ranging from $750 to $7,000.
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 $750 to $7,000 with an average monthly rent of $3,608.
How much are larger Three and Four Bedroom Rentals in Lakewood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lakewood range from $1,841 to $4,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,495 to $4,650. Four Bedroom Single-Family rentals are also available starting from $7,000 and Four Bedroom Apartments start at $3,900.
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.

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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.