Cheap Apartments for Rent in the Oak Creek Neighborhood of Lake Oswego, OR from $1,000 (82 Rentals)

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

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Parkridge Apartments
Rent Specials
$1,225 - $2,691
Total Monthly Price

Total Monthly Price

Base Rent
$1,225 - $2,691
Total Monthly Price
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Studio to 3 Bedroom Apartments Available Now

Parkridge Apartments

215 Greenridge DrLake Oswego, OR 97035
Affordability
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Willow
Rent Specials
$1,798 - $4,877
Total Monthly Price

Total Monthly Price

Base Rent
$1,798 - $4,877
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Willow

5600 Meadows RdLake Oswego, OR 97035
Family Friendly
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  • 3D Tour

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.

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property at 14267 Uplands Dr

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800
Total Monthly Price
$1,800

1 Bedroom, 1 Bath Home for Rent

Available Now

14267 Uplands Dr

Lake OswegoOR97034
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ReNew Laurelwood
1 to 3 Bedroom Apartments

ReNew Laurelwood

3855 Lake Grove AveLake Oswego, OR 97035
Corporate Housing
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Haven Lake Oswego
1 to 2 Bedroom Apartments

Haven Lake Oswego

15000 Davis LnLake Oswego, OR 97035
Corporate Housing

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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Attwell off Main
Rent Specials
$1,341 - $6,455
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Total Monthly Price

Base Rent
$1,341 - $6,455
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Studio to 3 Bedroom Apartments Available Now

Attwell off Main

12850 SW Ash AveTigard, OR 97223
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The Overland
Rent Specials
$1,348 - $2,650
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Total Monthly Price

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$1,348 - $2,650
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Studio to 2 Bedroom Apartments Available Now

The Overland

11974 SW 72nd AveTigard, OR 97223
Pet Friendly
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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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Oak Street Lofts
Rent Specials
$1,477 - $3,114
Total Monthly Price

Total Monthly Price

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$1,477 - $3,114
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Studio to 2 Bedroom Apartments Available Now

Oak Street Lofts

8920 SW Oak StTigard, OR 97223
Eco-Friendly
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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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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 1 Bed unit found at Alongside Senior Apartments priced from $1,096. Indian Hills Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,125. Here are the most affordable Oak Creek apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Alongside Senior Apartments1 Bedroom1BR,1BA$1,096
Indian Hills Apartments1BR/1.0BA1BR,1BA$1,125
Terrace GlenStudioStudio,1BA$1,150
Dartmouth Crossing NorthOne Bedroom1BR,1BA$1,216
Greenburg OaksTWO BEDROOM2BR,1BA$1,240
Hallmark Apartments1 Bed 1 Bath1BR,1BA$1,250
Capitol Park1 bed-1 bath1BR,1BA$1,250
Ridgeview Terrace1x11BR,1BA$1,295
Royal Oaks Apartments1x1 685 SF - A1BR,1BA$1,315
ShenandoahOne Bedroom1BR,1BA$1,325

Best Value Apartments for Rent in Oak Creek, OR

As of June 05, 2026 the best value apartment in the Oak Creek area is the $1.35 price per square foot THREE BEDROOM Model at Greenburg Oaks in the in the Far Southwest Portland neighborhood starting from $1,558. The second greatest value Oak Creek apartment is the 2BR/2BA (1,087sq ft) Model at Capitola Commons starting at $1,725 with a $1.59 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.
Greenburg OaksTHREE BEDROOM3BR,1BA$1.35
Capitola Commons2BR/2BA (1,087sq ft)2BR,2BA$1.59
Hampton Ridge Apartments2 Bedroom, 2 Bath2BR,2BA$1.80
The FieldsTWO BEDROOM2BR,1BA$1.62
Gatehouse Apartments2x22BR,2BA$1.72
LuDon Luradel2BR/1.0BA2BR,1BA$1.67
Fairfield Park ApartmentsUpstairs2BR,1BA$1.76
Capitol Park1 bed-1 bath1BR,1BA$1.79
Indian Hills Apartments1BR/1.0BA1BR,1BA$1.67
Alongside Senior Apartments1 Bedroom1BR,1BA$1.71

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.

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Real 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.

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Pet Friendly Lifestyle
Oak Creek, Lake Oswego, OR

Ranked #1

Among cities in Oregon 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.

Frequently Asked Questions about Cheap Oak Creek Apartments

What is the price of a cheap apartment in Oak Creek?

The cheapest apartment in Oak Creek is Alongside Senior Apartments which is listed at $1,096, while the average apartment in Oak Creek costs $5,052.

What types of apartments are the cheapest in Oak Creek?

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 21 regular apartments in Oak Creek 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 Oak Creek?

Cheap apartments in Oak Creek have an average cost of $178 which is $4,874 cheaper than the average rent for all rentals in Oak Creek.

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.

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