Search the lowest-cost Apartments available for rent right now in the Oak Creek area of Lake Oswego.
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| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Oak Creek Studio Apartments | $1,464 | $1,245 | $1,780 |
| Oak Creek 1 Bedroom Apartments | $1,833 | $1,195 | $3,637 |
| Oak Creek 2 Bedroom Apartments | $2,274 | $1,240 | $4,294 |
| Oak Creek 3 Bedroom Apartments | $3,014 | $842 | $9,956 |
| Oak Creek 4 Bedroom Apartments | $3,185 | $2,070 | $4,300 |
There are currently 57 rentals with your search options within a 2 mile radius of the Oak Creek Neighborhood of Lake Oswego, OR.
See all Apartments in Lake OswegoThe cheapest available apartment rental in the Oak Creek area of Portland, OR is a 1 Bed unit found at Ridgeview Terrace priced from $1,200. Dartmouth Crossing North has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,216. Here are the most affordable Oak Creek apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ridgeview Terrace | 1x1 | 1BR,1BA | $1,200 |
| Dartmouth Crossing North | One Bedroom | 1BR,1BA | $1,216 |
| Greenburg Oaks | TWO BEDROOM | 2BR,1BA | $1,240 |
| St James on Hall Apartments | 1BD 1BA | 1BR,1BA | $1,249 |
| Capitol Park | 1 bed-1 bath | 1BR,1BA | $1,250 |
| Indian Hills Apartments | 1BR/1.0BA | 1BR,1BA | $1,250 |
| Red Rock Commons | 1 Bed 1 Bath | 1BR,1BA | $1,260 |
| Fairfield Park Apartments | One Bedroom | 1BR,1BA | $1,295 |
| The York | 1x1 Small | 1BR,1BA | $1,295 |
| Shenandoah | One Bedroom | 1BR,1BA | $1,325 |
As of March 07, 2026 the best value apartment in the Oak Creek area is the $1.88 price per square foot Mount St. Helens Model at Main Street Village in the in the Far Southwest Portland neighborhood starting from $2,382. The second greatest value Oak Creek apartment is the THREE BEDROOM Model at Greenburg Oaks starting at $1,558 with a $1.35 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Main Street Village | Mount St. Helens | 3BR,2BA | $1.88 |
| Greenburg Oaks | THREE BEDROOM | 3BR,1BA | $1.35 |
| Gatehouse Apartments | 2x2 | 2BR,2BA | $1.72 |
| Hampton Ridge Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $1.92 |
| Capitol Gardens | 2 Bed. Townhome | 2BR,1.5BA | $1.60 |
| Hallmark Apartments | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.58 |
| 9500 SW Greenburg Rd | 2x1 | 2BR,1BA | $1.78 |
| Capitol Park | 1 bed-1 bath | 1BR,1BA | $1.79 |
| Indian Hills Apartments | 1BR/1.0BA | 1BR,1BA | $1.85 |
| Red Rock Commons | 1 Bed 1 Bath | 1BR,1BA | $1.91 |
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Read ArticleThe 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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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.
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Oak Creek is under $1,325.
The cheapest apartment in Oak Creek is Ridgeview Terrace which is listed at $1,200, while the average apartment in Oak Creek costs $5,052.
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.
Cheap apartments in Oak Creek have an average cost of $497 which is $4,555 cheaper than the average rent for all rentals in Oak Creek.
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.
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.
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.
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.
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.
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
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