
Cheap Apartments for Rent in the McVey Neighborhood of Lake Oswego, OR from $800 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the McVey area of Lake Oswego.


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The Windward Apartments

Total Monthly Price
Parkridge Apartments

The Ridge at Mountain Park Apartments

Villas on Lake Oswego

Lake Oswego Apartments

Oswego Terraces
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Sawtooth

Lake View Villas

Georgia Manor

Mercy Greenbrae

Haven Lake Oswego

Mercato Grove

ReNew Laurelwood
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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.

Northshore Apartments

Milo at Mountain Park

Hollyfield Village

Iron House

Overlook at the Willamette

River Cliff Apartments

Rose Villa
Cash 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.

Arista Townhomes

2001 SE Oak Grove Blvd

Stanford

Arrive West Linn

Tara West Apartments

French Glen Apartments

Villas at Oak Point
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.

Larkspur West Linn

The Orient Apartments

Ikoi-so Terrace
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 | $1,494 | $1,295 | $2,063 |
| McVey 1 Bedroom Apartments | $2,026 | $1,399 | $3,130 |
| McVey 2 Bedroom Apartments | $2,394 | $1,625 | $5,200 |
| McVey 3 Bedroom Apartments | $3,901 | $2,525 | $9,824 |
Browse Apartments in this Neighborhood
There are currently 31 rentals with your search options within a 2 mile radius of the McVey Neighborhood of Lake Oswego, OR.
See all Apartments in Lake OswegoExplore Lake Oswego
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 Overlook at the Willamette priced from $1,320. French Glen Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,350. Here are the most affordable McVey apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Overlook at the Willamette | Studio | Studio,1BA | $1,320 |
| French Glen Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,350 |
| The Ridge at Mountain Park Apartments | One Bedroom One Bath | 1BR,1BA | $1,525 |
| Arrive West Linn | Spruce | 1BR,1BA | $1,545 |
| ReNew Laurelwood | Barberry | 2BR,1BA | $1,599 |
| Uptown at Lake Oswego | (295) 1BR (700sq ft #1, 4, 8, 10, 12) | 1BR,1BA | $1,600 |
| Tara West Apartments | 2 Bedroom / 1.0 Bath townhome | 2BR,1BA | $1,600 |
| Larkspur West Linn | 2 Bed 1 Bath | 2BR,1BA | $1,644 |
| Haven Lake Oswego | 2 bed 2 bath | 2BR,2BA | $1,795 |
| Elevation at Mountain Park | A1 | 1BR,1BA | $1,889 |
Best Value Apartments for Rent in McVey, OR
As of June 13, 2026 the best value apartment in the McVey area is the $2.10 price per square foot 3 Bed 2 Bath Model at Larkspur West Linn in the in the Glenmorrie neighborhood starting from $2,540. The second greatest value McVey 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 McVey apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Larkspur West Linn | 3 Bed 2 Bath | 3BR,2BA | $2.10 |
| Tara West Apartments | 2 Bedroom / 1.0 Bath townhome | 2BR,1.5BA | $1.59 |
| Arista Townhomes | 2 Beds, 1.5 Baths | 2BR,1.5BA | $1.96 |
| Haven Lake Oswego | 2 bed 2 bath | 2BR,2BA | $1.91 |
| Overlook at the Willamette | Two Bedroom | 2BR,1BA | $2.42 |
| ReNew Laurelwood | Barberry | 2BR,1BA | $2.00 |
| The Ridge at Mountain Park Apartments | One Bedroom One Bath | 1BR,1BA | $2.10 |
| Uptown at Lake Oswego | (295) 1BR (700sq ft #1, 4, 8, 10, 12) | 1BR,1BA | $2.29 |
| Arrive West Linn | Spruce | 1BR,1BA | $2.44 |
| French Glen Apartments | 1 Bed 1 Bath | 1BR,1BA | $2.34 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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.
Best Local Schools in Mcvey, Lake Oswego, OR
Lake Oswego Junior High School
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
How much is rent for a Cheap One Bedroom McVey Apartment?
The lowest price for a Cheap One Bedroom McVey Apartment is $1,350 at French Glen Apartments.
What is the lowest price for a Cheap Two Bedroom McVey Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in McVey is starting from $1,599 at ReNew Laurelwood.
What is the most affordable McVey Three Bedroom Apartment?
The best deal on a cheap McVey Three Bedroom Apartment rental is at Larkspur West Linn and starts from $2,540.
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.

From Arts to Eats: A Local Insiders Guide to Living in Portland's Best Spots
Written by: Chad Deitchley
Hello! My name is Chad, and I am your ApartmentHomeLiving.com Local Expert for Portland, Oregon. After living in this one-of-a-kind city for more than 20 years, I have seen it change in many exciting ways.
Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.