Cheap Apartments for Rent in the McVey Neighborhood of Lake Oswego, OR from $800 (25 Rentals)

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Search the lowest-cost Apartments available for rent right now in the McVey 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.

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Northshore Apartments
Studio to 3 Bedroom Apartments

Northshore Apartments

50 Northshore RdLake Oswego, OR 97034
  • Utilities Included
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ReNew Laurelwood
2 Bedroom Apartments

ReNew Laurelwood

3855 Lake Grove AveLake Oswego, OR 97035
  • Utilities Included

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.

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.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Stanford
2 Bedroom Apartments

Stanford

2013 SE Courtney RdMilwaukie, OR 97222
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Forest Ridge
2 Bedroom Apartments

Forest Ridge

12600 SE River Rd SPortland, OR 97222
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Arrive West Linn
1 to 2 Bedroom Apartments

Arrive West Linn

4001 Robin PlWest Linn, OR 97068

McVey, Lake Oswego, OR Local Guide

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 ListingModel NameBed/BathPriced From
Miramonte LodgeMorrisonStudio,1BA$1,210
Overlook at the WillametteStudioStudio,1BA$1,315
Axletree ApartmentsKelloggStudio,1BA$1,403
Seven AcresCurrant - Bldg 1Studio,1BA$1,460
Henley PlaceThe MapleStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
River Cliff ApartmentsLayout A2BR,1BA$1.59
Oswego Pointe1 Bed 1 Bath1BR,1BA$2.20
Parkridge Apartments1 loft small1BR,1BA$2.11
Larkspur West Linn2 Bed 1 Bath2BR,1BA$2.12
The Ridge at Mountain Park ApartmentsOne Bedroom One Bath1BR,1BA$2.10
Haven Lake Oswego1 Bed 1 Bath1BR,1BA$2.32
Arrive West LinnSpruce1BR,1BA$2.40
Overlook at the WillametteStudioStudio ,1BA$2.33
Axletree ApartmentsKelloggStudio ,1BA$2.67
Miramonte LodgeMorrisonStudio ,1BA$2.52

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Pet Friendly Lifestyle
Mcvey, Lake Oswego, OR

Ranked #23

Among neighborhoods in Lake Oswego, OR for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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.

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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.

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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.

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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.

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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.