
Cheap Apartments for Rent in the McVey Neighborhood of Lake Oswego, OR from $800 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the McVey area of Lake Oswego.


Mercy Greenbrae

Parkridge Apartments
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.

The Ridge at Mountain Park Apartments

Haven Lake Oswego

18650 Stafford Rd, Unit Stafford Road ADU

1500 SE Eastwood Ct

Miramonte Lodge

15028 SE Arista Dr

15030 SE Arista Dr
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.

Overlook at the Willamette

Axletree Apartments

Seven Acres

Henley Place

15038 SE Arista Dr

River Cliff Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

12805 SE 25th Ave

1500 SE Eastwood Ct
Navigating the Rental Market: Tips for First-Time Renters
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McVey, Lake Oswego, OR Local Guide

How much does it cost to rent an apartment in McVey?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
McVey Studio Apartments | $1,506 | $1,220 | $2,690 |
McVey 1 Bedroom Apartments | $1,903 | $1,250 | $3,700 |
McVey 2 Bedroom Apartments | $2,647 | $1,495 | $7,625 |
McVey 3 Bedroom Apartments | $3,683 | $1,841 | $5,624 |
McVey 4 Bedroom Apartments | $4,100 | $4,100 | $4,100 |
Browse Apartments in this Neighborhood
There are currently 25 rentals with your search options within a 2 mile radius of the McVey Neighborhood of Lake Oswego, OR.
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McVey, Lake Oswego, OR Local Guide
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Cheapest Available McVey Apartments for Rent
 The cheapest available apartment rental in the McVey area of Portland, OR is a Studio unit found at Miramonte Lodge priced from $1,210. Overlook at the Willamette has the second lowest priced unit, which is a Studio apartment currently listed from $1,315. Here are the most affordable McVey apartments for rent in Portland, OR:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Miramonte Lodge | Morrison | Studio,1BA | $1,210 |
Overlook at the Willamette | Studio | Studio,1BA | $1,315 |
Axletree Apartments | Kellogg | Studio,1BA | $1,403 |
Seven Acres | Currant - Bldg 1 | Studio,1BA | $1,460 |
Henley Place | The Maple | Studio,1BA | $1,470 |
Best Value Apartments for Rent in McVey, OR
As of June 14, 2025 the best value apartment in the McVey area is the $1.59 price per square foot Layout A Model at River Cliff Apartments in the in the Foothills neighborhood starting from $1,550. The second greatest value McVey apartment is the 1 Bed 1 Bath Model at Oswego Pointe starting at $2,032 with a $2.20 price per square foot in the Glenmorrie neighborhood. Here is today’s list of the best values for McVey apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
River Cliff Apartments | Layout A | 2BR,1BA | $1.59 |
Oswego Pointe | 1 Bed 1 Bath | 1BR,1BA | $2.20 |
Parkridge Apartments | 1 loft small | 1BR,1BA | $2.11 |
Larkspur West Linn | 2 Bed 1 Bath | 2BR,1BA | $2.12 |
The Ridge at Mountain Park Apartments | One Bedroom One Bath | 1BR,1BA | $2.10 |
Haven Lake Oswego | 1 Bed 1 Bath | 1BR,1BA | $2.32 |
Arrive West Linn | Spruce | 1BR,1BA | $2.40 |
Overlook at the Willamette | Studio | Studio ,1BA | $2.33 |
Axletree Apartments | Kellogg | Studio ,1BA | $2.67 |
Miramonte Lodge | Morrison | Studio ,1BA | $2.52 |
Quick 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, Lake Oswego, OR
Ranked #23
Among neighborhoods in Lake Oswego, OR for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Mcvey, Lake Oswego, OR
School data provided by Great Schools
Lifestyle Ratings
Our team compares millions of points of data to bring you comprehensive Lifestyle Ratings of rentals in metropolitan areas across the United States and customized analysis for South Portland, OR. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, transit availability, pet-friendly communities, family-friendly amenities, and other valuable search options. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap McVey Apartments
What is a cheap apartment in McVey?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in McVey is under $1,550.
What is the price of a cheap apartment in McVey?
The cheapest apartment in McVey is Miramonte Lodge which is listed at $1,445, while the average apartment in McVey costs $4,500.
What types of apartments are the cheapest in McVey?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 16 regular apartments in McVey that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in McVey?
Cheap apartments in McVey have an average cost of $190 which is $4,310 cheaper than the average rent for all rentals in McVey.
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.