Cheap Homes for Rent in Oak Creek Neighborhood of Lake Oswego, OR from $1,200 (9 Rentals)

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

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.

property at 18 Northview Ct

18 Northview Ct

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.

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 Studio apartment currently listed from $1,100. 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 ApartmentsStuidoStudio,1BA$1,100
Village at Washington Square1BDRM/1BATH1BR,1BA$1,248

Best Value Apartments for Rent in Oak Creek, OR

As of July 26, 2025 the best value apartment in the Oak Creek area is the $1.85 price per square foot 2 bed 2 bath Model at Capitol Park in the in the Far Southwest Portland neighborhood starting from $1,850. The second greatest value Oak Creek apartment is the 2x2 Model at Gatehouse Apartments starting at $1,550 with a $1.67 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.
Capitol Park2 bed 2 bath2BR,2BA$1.85
Gatehouse Apartments2x22BR,2BA$1.67
The York2x1L2BR,1BA$1.55
Hallmark Apartments2 Bed 1.5 Bath2BR,1.5BA$1.52
Indian Hills Apartments2 Beds 1 Bath2BR,1BA$1.70
Fairfield Park ApartmentsUpstairs2BR,1BA$1.88
Ridgeview Terrace2x22BR,2BA$1.88
Quail Ridge Apartments2 Bedroom, 1 Bath Large2BR,1BA$1.79
St James on Hall Apartments2BD 1BA2BR,1BA$1.82
Edgewood Manor1BR 1 Bath1BR,1BA$1.89

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Frequently Asked Questions about Oak Creek

What type of rentals are currently available in Oak Creek?

There are currently 151 Apartments for Rent in Oak Creek, OR with pricing that ranges from $1,100 to $9,015. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oak Creek ranging from $1,295 to $5,000.

What is the current price range for Rental Homes in Oak Creek?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Oak Creek ranges from $1,295 to $5,000 with an average monthly rent of $3,097.

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

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.