
Cheap Apartments for Rent in the McVey South Shore Neighborhood of Lake Oswego, OR from $1,200 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the McVey South Shore area of Lake Oswego.


Parkridge Apartments

The Ridge at Mountain Park Apartments

Jackson Square

Haven Lake Oswego
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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.

Kruseway Commons

Westlake Meadows Apartments

1691 Parrish St, Unit Your home away from home

Miramonte Lodge

Driftwood Terrace
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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Axletree Apartments - City Vibes, Small Town Soul

Lake Village and Lakewood Apartments

12331 SE Whitcomb Dr., Unit Unit #2

Overlook at the Willamette

River Cliff Apartments
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McVey South Shore, Lake Oswego, OR Local Guide

How much does it cost to rent an apartment in McVey South Shore?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| McVey South Shore Studio Apartments | $1,380 | $1,250 | $1,525 |
| McVey South Shore 1 Bedroom Apartments | $1,760 | $1,250 | $3,295 |
| McVey South Shore 2 Bedroom Apartments | $2,167 | $1,475 | $5,305 |
| McVey South Shore 3 Bedroom Apartments | $2,985 | $2,333 | $6,005 |
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 2 mile radius of the McVey South Shore Neighborhood of Lake Oswego, OR.
See all Apartments in Lake OswegoExplore Lake Oswego
McVey South Shore, Lake Oswego, OR Local Guide
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Cheapest Available McVey South Shore Apartments for Rent
 The cheapest available apartment rental in the McVey South Shore area of Portland, OR is a 1 Bed unit found at Driftwood Terrace priced from $1,250. Miramonte Lodge has the second lowest priced unit, which is a Studio apartment currently listed from $1,255. Here are the most affordable McVey South Shore apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Driftwood Terrace | 1x1 | 1BR,1BA | $1,250 |
| Miramonte Lodge | Morrison | Studio,1BA | $1,255 |
| Axletree Apartments - City Vibes, Small Town Soul | KELLOGG 1 | Studio,1BA | $1,395 |
| Parkridge Apartments | 1 bed/1 bath | 1BR,1BA | $1,399 |
| Lake Village and Lakewood Apartments | 2 X 1 No patio | 2BR,1BA | $1,475 |
Best Value Apartments for Rent in McVey South Shore, OR
As of January 29, 2026 the best value apartment in the McVey South Shore area is the $1.94 price per square foot Two Bedroom Two Bath Model at Oswego Cove in the in the Far Southwest Portland neighborhood starting from $1,975. The second greatest value McVey South Shore apartment is the 12331 SE Whitcomb Dr. Model at 12331 SE Whitcomb Dr., Unit #2 starting at $1,495 with a $1.66 price per square foot in the Foothills neighborhood. Here is today’s list of the best values for McVey South Shore apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Oswego Cove | Two Bedroom Two Bath | 2BR,2BA | $1.94 |
| 12331 SE Whitcomb Dr., Unit #2 | 12331 SE Whitcomb Dr. | 2BR,1.5BA | $1.66 |
| Kruseway Commons | Juniper | 2BR,1BA | $2.41 |
| Lake Village and Lakewood Apartments | 2x1 | 2BR,1BA | $2.13 |
| The Ridge at Mountain Park Apartments | One Bedroom One Bath | 1BR,1BA | $2.10 |
| 1691 Parrish St, Unit Your home away from home | 1691 Parrish St | 1BR,1BA | $2.56 |
| Haven Lake Oswego | 1 Bed 1 Bath | 1BR,1BA | $2.32 |
| Overlook at the Willamette | One Bedroom | 1BR,1BA | $2.26 |
| Driftwood Terrace | 1x1 | 1BR,1BA | $1.92 |
| Miramonte Lodge | Morrison | Studio ,1BA | $2.58 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
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.
Pet Friendly LifestyleMcvey South Shore, Lake Oswego, OR
Ranked #14
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap McVey South Shore Apartments
What is the Cheapest Studio apartment in McVey South Shore?
Currently the most affordable Cheap Studio Apartment in McVey South Shore is at Miramonte Lodge listed at $1,250.
How much is rent for a Cheap One Bedroom McVey South Shore Apartment?
The lowest price for a Cheap One Bedroom McVey South Shore Apartment is $1,250 at Driftwood Terrace.
What is the lowest price for a Cheap Two Bedroom McVey South Shore Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in McVey South Shore is starting from $1,475 at Lake Village and Lakewood Apartments.
What is the most affordable McVey South Shore Three Bedroom Apartment?
The best deal on a cheap McVey South Shore Three Bedroom Apartment rental is at Kruseway Commons and starts from $2,333.
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
Written by: Chad Deitchley
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.
Articles, How-To's, and Tips

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.