
Cheap Apartments for Rent in the Mt Park Neighborhood of Lake Oswego, OR from $678 (52 Rentals)
Search the lowest-cost Apartments available for rent right now in the Mt Park area of Lake Oswego.


Total Monthly Price
1245 Englewood Dr, Unit Barn Studio

Total Monthly Price
Parkridge Apartments

The Ridge at Mountain Park Apartments

Total Monthly Price
Elevation at Mountain Park

Kruseway Commons

Westlake Meadows Apartments

MiLO at Mountain park

Total Monthly Price
Willow Apartments

248-254-254 Cervantes Cir
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

Total Monthly Price
Mercato Grove

47 Eagle Crest Dr

11 Crestfield Ct

ReNew Laurelwood

44 Crestfield Ct

Haven Lake Oswego

248 Cervantes Cir

4000 Carman Dr

4075 Jefferson Pkwy

#306 WOODSIDE VISTA
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Ridgeview Terrace

Dartmouth Crossing North

Capitol Park

Total Monthly Price
The Overland

Hampton Park Apartments

Indian Hills Apartments

Hampton Ridge Apartments

Fairfield Park Apartments

LuDon Luradel

The Steward
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

1404 SW Dickinson Ln

10608 SW 49th Ave, Unit 08

9938 SW Terwilliger Blvd

Montage

Capitol Gardens

8999 SW Herb Way

ViewFinder Apartments

Quail Ridge Apartments

Westbrook Village

fivec01
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Red Rock Commons

Carleton Terrace Apartments

Plum Street Apartments

Piccolo Collina Apartments

#299 JANEWOOD WEST

6009 SW Taylors Ferry Rd

Tigard York

Hermoso View Apartments

Baird street Apartments

The 72nd Apartments
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.
Mt Park, Lake Oswego, OR Local Guide

How much does it cost to rent an apartment in Mt Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mt Park Studio Apartments | $1,502 | $1,340 | $2,063 |
| Mt Park 1 Bedroom Apartments | $1,867 | $1,160 | $3,377 |
| Mt Park 2 Bedroom Apartments | $2,320 | $1,395 | $4,350 |
| Mt Park 3 Bedroom Apartments | $3,415 | $1,806 | $10,000+ |
| Mt Park 4 Bedroom Apartments | $4,995 | $4,995 | $4,995 |
Browse Apartments in this Neighborhood
There are currently 52 rentals with your search options within a 2 mile radius of the Mt Park Neighborhood of Lake Oswego, OR.
See all Apartments in Lake OswegoExplore Lake Oswego
Mt Park, Lake Oswego, OR Local Guide
- Nearby Lake Oswego neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Mt Park Apartments for Rent
 The cheapest available apartment rental in the Mt Park area of Portland, OR is a 1 Bed unit found at Ridgeview Terrace priced from $1,195. Capitol Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,250. Here are the most affordable Mt Park apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ridgeview Terrace | 1x1 | 1BR,1BA | $1,195 |
| Capitol Park | 1 bed-1 bath | 1BR,1BA | $1,250 |
| Plum Street Apartments | 1BR/1.0BA | 1BR,1BA | $1,295 |
| Carleton Terrace Apartments | 2 Bed 1 Bath | 2BR,1BA | $1,325 |
| The Overland | Studio | Studio,1BA | $1,340 |
| Hunt Club | Plan A1 | 1BR,1BA | $1,347 |
| Quail Ridge Apartments | 2 Bedroom, 1 Bath Large | 2BR,1BA | $1,400 |
| #299 JANEWOOD WEST | 1 Bed Loft | 1BR,1BA | $1,425 |
| Indian Hills Apartments | 2BR/1.0BA | 2BR,1BA | $1,425 |
| Fairfield Park Apartments | Upstairs | 2BR,1BA | $1,495 |
Best Value Apartments for Rent in Mt Park, OR
As of September 16, 2026 the best value apartment in the Mt Park area is the $1.62 price per square foot 3 Bed Townhome Model at Capitol Gardens in the in the Far Southwest Portland neighborhood starting from $1,950. The second greatest value Mt Park apartment is the The Cedarwood Model at The Bluffs at Mountain Park starting at $2,250 with a $2.04 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Capitol Gardens | 3 Bed Townhome | 3BR,1.5BA | $1.62 |
| The Bluffs at Mountain Park | The Cedarwood | 2BR,1.5BA | $2.04 |
| Indian Hills Apartments | 2BR/1.0BA | 2BR,1BA | $1.47 |
| Haven Lake Oswego | 2 bed 2 bath | 2BR,2BA | $1.91 |
| Hampton Ridge Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $1.85 |
| LuDon Luradel | Spacious 2-Bedroom at Luradel | ONE MONTH FREE!... | 2BR,1BA | $1.67 |
| Fairfield Park Apartments | Upstairs | 2BR,1BA | $1.76 |
| Quail Ridge Apartments | 2 Bedroom, 1 Bath Large | 2BR,1BA | $1.79 |
| Carleton Terrace Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.74 |
| Capitol Park | 1 bed-1 bath | 1BR,1BA | $1.79 |
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 ArticleNavigating 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.
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.
Pet Friendly LifestyleMt Park, Lake Oswego, OR
Ranked #10
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Mt Park, Lake Oswego, OR
Oak Creek Elementary School
Lake Oswego Senior High School
Lake Oswego Junior High School
School data provided by Great Schools
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.
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 The Overland listed at $1,340.
How much is rent for a Cheap One Bedroom Mt Park Apartment?
The lowest price for a Cheap One Bedroom Mt Park Apartment is $1,195 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 $1,325 at Carleton Terrace 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 $1,950.
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

From Arts to Eats: A Local Insider's 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.

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.

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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.