
Cheap Homes for Rent in McVey Neighborhood of Lake Oswego, OR from $1,300 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the McVey area of Lake Oswego.


12375 Mt Jefferson Terrace, Unit 9B

12375 Mt Jefferson Terrace, Unit 10B

12375 Mt Jefferson Terrace, Unit 11C
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.

12375 Mt Jefferson Terrace, Unit 12D

3930 Lake Grove Ave

12375 Mt Jefferson Terrace, Unit 10E

14020 SE Arista Dr
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.
McVey, Lake Oswego, OR Local Guide

How much does it cost to rent a home in McVey?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| McVey 2 Bedroom Homes for Rent | $1,998 | $1,395 | $2,800 |
| McVey 3 Bedroom Homes for Rent | $4,749 | $3,000 | $6,500 |
| McVey 4 Bedroom Homes for Rent | $4,858 | $2,775 | $7,500 |
| McVey 5 Bedroom Homes for Rent | $7,000 | $7,000 | $7,000 |
Browse Homes for Rent in this Neighborhood
There are currently 8 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 1 Bed unit found at French Glen Apartments priced from $1,350. The Ridge at Mountain Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,525. Here are the most affordable McVey apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 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 |
Best Value Apartments for Rent in McVey, OR
As of June 22, 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 Layout A Model at River Cliff Apartments starting at $1,625 with a $1.67 price per square foot in the Foothills 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 |
| River Cliff Apartments | Layout A | 2BR,1BA | $1.67 |
| Arista Townhomes | 2 Beds, 1.5 Baths | 2BR,1.5BA | $1.96 |
| Parkridge Apartments | 2x1 | 2BR,1BA | $2.18 |
| ReNew Laurelwood | Barberry | 2BR,1BA | $2.62 |
| 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 |
| Overlook at the Willamette | One Bedroom | 1BR,1BA | $2.26 |
| 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
Frequently Asked Questions about McVey
What type of rentals are currently available in McVey?
There are currently 64 Apartments for Rent in McVey, OR with pricing that ranges from $1,295 to $9,824. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in McVey ranging from $1,395 to $7,500.
What is the current price range for Rental Homes in McVey?
Today's rental pricing for Homes for Rent, Condos and Townhomes in McVey ranges from $1,395 to $7,500 with an average monthly rent of $4,651.
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
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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
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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
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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.
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Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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Pet-Friendly Renting: Everything You Need to Know Before You Move
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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
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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.