2500 SE Tarbell Ave
MilwaukieOR97267
Cheap Homes for Rent in Lakewood Neighborhood of Lake Oswego, OR from $1,300 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Lakewood area of Lake Oswego.
13455 SE Oatfield Rd
Oak GroveOR97222
13283 SE Oatfield Rd
MilwaukieOR97222
47 Eagle Crest Dr
Lake OswegoOR97035
45 Eagle Crest Dr
Lake OswegoOR97035
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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 | $1,588 | $1,395 | $1,795 |
| Lakewood 3 Bedroom Homes for Rent | $3,264 | $2,450 | $5,250 |
| Lakewood 4 Bedroom Homes for Rent | $3,747 | $2,695 | $5,495 |
| Lakewood 5 Bedroom Homes for Rent | $3,950 | $3,950 | $3,950 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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 Lake Village priced from $1,100. Miramonte Lodge has the second lowest priced unit, which is a Studio apartment currently listed from $1,285. 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 | $1,100 |
| Miramonte Lodge | Morrison | Studio,1BA | $1,285 |
| Axletree Apartments | KELLOGG 1 | Studio,1BA | $1,325 |
Best Value Apartments for Rent in Lakewood, OR
As of October 13, 2025 the best value apartment in the Lakewood area is the $1.34 price per square foot 2BR/1.5BA Model at PARG -Risley & East Avenue in the in the Glenmorrie neighborhood starting from $1,475. The second greatest value Lakewood apartment is the 2x1 Model at Parkridge Apartments starting at $1,981 with a $2.21 price per square foot in the Far Southwest Portland 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. |
|---|---|---|---|
| PARG -Risley & East Avenue | 2BR/1.5BA | 2BR,1.5BA | $1.34 |
| Parkridge Apartments | 2x1 | 2BR,1BA | $2.21 |
| Overlook at the Willamette | Two Bedroom | 2BR,1BA | $2.15 |
| Driftwood Terrace | 2x1 | 2BR,1BA | $1.74 |
| 1691 Parrish St, Unit Your home away from home | 1691 Parrish St | 1BR,1BA | $2.71 |
| The Windward Apartments | One Bedroom One Bath - 652 | 1BR,1BA | $3.73 |
| Arrive West Linn | Spruce | 1BR,1BA | $2.37 |
| Miramonte Lodge | Morrison | Studio ,1BA | $2.65 |
| Axletree Apartments | KELLOGG 1 | Studio ,1BA | $2.79 |
| Lake Village | 0x1 | Studio ,1BA | $2.93 |
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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 $1,100 to $5,705. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakewood ranging from $1,395 to $5,495.
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 $1,395 to $5,495 with an average monthly rent of $2,894.
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.
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.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.