Cheap Apartments for Rent in the Oak Creek Neighborhood of Lake Oswego, OR from $1,000 (56 Rentals)

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

property at 15370 Bangy Rd

15370 Bangy Rd

Lake OswegoOR97035
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ReNew Laurelwood
2 Bedroom Apartments

ReNew Laurelwood

3855 Lake Grove AveLake Oswego, OR 97035
  • Utilities Included

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Westbrook Village
Studio to 3 Bedroom Apartments

Westbrook Village

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

LuDon Apartments

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

The Fields Apartments

7790 SW Hunziker RdTigard, OR 97223
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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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Oak Creek, Lake Oswego, OR Local Guide

Cheapest Available Oak Creek Apartments for Rent

 

The cheapest available apartment rental in the Oak Creek area of Portland, OR is a Studio unit found at Quail Ridge Apartments priced from $1,100. Hallmark Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,195. Here are the most affordable Oak Creek apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Quail Ridge ApartmentsStudio SmallStudio,1BA$1,100
Hallmark Apartments1 Bed 1 Bath1BR,1BA$1,195
Ridgeview Terrace1x11BR,1BA$1,200
Asher Park ApartmentsOne-Bedroom1BR,1BA$1,200
The OverlandStudioStudio,1BA$1,244
Village at Washington Square1BDRM/1BATH1BR,1BA$1,248
Red Rock Commons1 Bed 1 Bath1BR,1BA$1,260
ShenandoahOne Bedroom1BR,1BA$1,275
Edgewood Manor1BR 1 Bath1BR,1BA$1,325
St James on Hall Apartments2BD 1BA2BR,1BA$1,400

Best Value Apartments for Rent in Oak Creek, OR

As of June 11, 2025 the best value apartment in the Oak Creek area is the $1.72 price per square foot 2x2 Model at Gatehouse Apartments in the in the Far Southwest Portland neighborhood starting from $1,595. The second greatest value Oak Creek apartment is the 2x1L Model at The York starting at $1,595 with a $1.77 price per square foot in the Far Southwest Portland neighborhood. Here is today’s list of the best values for Oak Creek apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Gatehouse Apartments2x22BR,2BA$1.72
The York2x1L2BR,1BA$1.77
Capital Park2 bed-1 bath2BR,1BA$1.83
Silver Creek Apartments2x12BR,1BA$1.66
Hunt ClubPlan B12BR,1BA$1.89
9500 SW Greenburg Rd2x12BR,1BA$1.90
Fairfield Park ApartmentsUpstairs2BR,1BA$1.88
St James on Hall Apartments2BD 1BA2BR,1BA$1.85
Edgewood Manor1BR 1 Bath1BR,1BA$1.89
Red Rock Commons1 Bed 1 Bath1BR,1BA$1.91

Quick Rent Budget Calculator

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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
Oak Creek, Lake Oswego, OR

Ranked #1

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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Best Local Schools in
Oak Creek, Lake Oswego, OR

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals in metropolitan areas across the United States, including Lake Oswego. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, transit availability, pet-friendly communities, family-friendliness, walking, and biking. These search options are in the site filters at the top of this page.

Getting Around the Oak Creek Neighborhood in Lake Oswego, OR

Walk Score®

25 / 100

Car-Dependent

Most errands require a car

Bike Score®

40 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

27 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Oak Creek Apartments

What is the Cheapest Studio apartment in Oak Creek?

Currently the most affordable Cheap Studio Apartment in Oak Creek is at Quail Ridge Apartments listed at $1,100.

How much is rent for a Cheap One Bedroom Oak Creek Apartment?

The lowest price for a Cheap One Bedroom Oak Creek Apartment is $1,195 at Hallmark Apartments.

What is the lowest price for a Cheap Two Bedroom Oak Creek Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Oak Creek is starting from $1,350 at Quail Ridge Apartments.

What is the most affordable Oak Creek Three Bedroom Apartment?

The best deal on a cheap Oak Creek Three Bedroom Apartment rental is at Village at Washington Square and starts from $1,731.

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

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

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