Cheap Apartments for Rent in the Mt Park Neighborhood of Lake Oswego, OR from $1,000 (38 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Mt Park area of Lake Oswego.

property at 15370 Bangy Rd

15370 Bangy Rd

Lake OswegoOR97035

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.

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ReNew Laurelwood
2 Bedroom Apartments

ReNew Laurelwood

3855 Lake Grove AveLake Oswego, OR 97035
  • Utilities Included

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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Westbrook Village
Studio to 3 Bedroom Apartments

Westbrook Village

9863 SW 35th DrPortland, OR 97219
  • Utilities Included
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LuDon Apartments
2 to 3 Bedroom Apartments

LuDon Apartments

4501-4537 SW Luradel StPortland, OR 97219
  • Utilities Included
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The Fields Apartments
1 to 2 Bedroom Apartments

The Fields Apartments

7790 SW Hunziker RdTigard, OR 97223
  • Utilities Included

Portland’s Best Affordable Neighborhoods

Learn about Portland and the best places to live with original content written by our Portland, OR Local Expert Chad Deitchley

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JANEWOOD WEST
2 Bedroom Apartments

JANEWOOD WEST

10800 SW Barbur BlvdPortland, OR 97219
  • Utilities Included

Mt Park, Lake Oswego, OR Local Guide

Cheapest Available Mt Park Apartments for Rent

 

The cheapest available apartment rental in the Mt Park area of Portland, OR is a Studio unit found at Quail Ridge Apartments priced from $1,175. Ridgeview Terrace has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,200. Here are the most affordable Mt Park apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Quail Ridge ApartmentsStudio SmallStudio,1BA$1,175
Ridgeview Terrace1x11BR,1BA$1,200
Capital Park1 bed-1 bath1BR,1BA$1,250
Red Rock Commons1 Bed 1 Bath1BR,1BA$1,260
The OverlandStudioStudio,1BA$1,419
Hampton Park Apartments1 Bedroom, 1 Bath S1BR,1BA$1,520
The Ridge at Mountain Park ApartmentsOne Bedroom One Bath1BR,1BA$1,525
One JeffersonA41BR,1BA$1,577
Milo at Mountain ParkAsh1BR,1BA$1,595

Best Value Apartments for Rent in Mt Park, OR

As of June 03, 2025 the best value apartment in the Mt Park area is the $2.10 price per square foot 2x2 Model at Parkridge Apartments in the in the Far Southwest Portland neighborhood starting from $2,142. The second greatest value Mt Park apartment is the 2 bed 2 bath Model at Capital Park starting at $1,850 with a $1.85 price per square foot in the Far Southwest Portland neighborhood. Here is today’s list of the best values for Mt Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Parkridge Apartments2x22BR,2BA$2.10
Capital Park2 bed 2 bath2BR,2BA$1.85
Haven Lake Oswego2 bed 2 bath2BR,2BA$1.86
Capitol Gardens2 Bed. Flat2BR,1.5BA$1.98
The York2x1L2BR,1BA$1.77
Hunt ClubPlan B12BR,1BA$1.96
Fairfield Park ApartmentsUpstairs2BR,1BA$1.88
Milo at Mountain ParkAsh1BR,1BA$2.05
The Ridge at Mountain Park ApartmentsOne Bedroom One Bath1BR,1BA$2.10
Red Rock Commons1 Bed 1 Bath1BR,1BA$1.91

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.

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Pet Friendly Lifestyle
Mt Park, Lake Oswego, OR

Ranked #8

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com compiles millions of data points to bring you Lifestyle Ratings of rentals in metropolitan areas across the United States including Mt Park, Lake Oswego, and the greater Portland area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.

Getting Around the Mt Park Neighborhood in Lake Oswego, OR

Walk Score®

45 / 100

Car-Dependent

Most errands require a car

Bike Score®

43 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

28 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Mt Park Apartments

What is the Cheapest Studio apartment in Mt Park?

Currently the most affordable Cheap Studio Apartment in Mt Park is at Quail Ridge Apartments listed at $1,175.

How much is rent for a Cheap One Bedroom Mt Park Apartment?

The lowest price for a Cheap One Bedroom Mt Park Apartment is $1,200 at Ridgeview Terrace.

What is the lowest price for a Cheap Two Bedroom Mt Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Mt Park is starting from $1,400 at Quail Ridge Apartments.

What is the most affordable Mt Park Three Bedroom Apartment?

The best deal on a cheap Mt Park Three Bedroom Apartment rental is at Capitol Gardens and starts from $1,895.

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.

decorative image for A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

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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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.