3641 SW Evelyn St
PortlandOR97219
Cheap Homes for Rent in Oak Creek Neighborhood of Lake Oswego, OR from $800 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Oak Creek area of Lake Oswego.
12345 SW Hall Blvd
PortlandOR97223
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$1,2952 Bedroom Apartments Available Now
11102-11130 SW 62nd Ave, Unit 11106
11102-11130 SW 62nd AvePortland, OR 97219
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$1,3491 Bedroom Apartments Available Now
11240 SW Barbur Blvd, Unit 27
11240 SW Barbur BlvdPortland, OR 97219
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$1,4491 Bedroom Apartments Available Now
11240 SW Barbur Blvd, Unit 23
11240 SW Barbur BlvdPortland, OR 97219
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.
10634 SW 49th Ave
PortlandOR97219
3334 SW Luradel St
PortlandOR97219
7582 SW Hunziker Rd
PortlandOR97223
45 Eagle Crest Dr
Lake OswegoOR97035
7905 SW Fanno Creek Dr
TigardOR97224
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.
Showing Results 1-10, Page 1 of 1
Oak Creek, Lake Oswego, OR Local Guide
How much does it cost to rent a home in Oak Creek?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Oak Creek 2 Bedroom Homes for Rent | $2,520 | $1,545 | $3,650 |
| Oak Creek 3 Bedroom Homes for Rent | $2,767 | $2,000 | $3,800 |
| Oak Creek 4 Bedroom Homes for Rent | $3,298 | $3,195 | $3,500 |
| Oak Creek 5 Bedroom Homes for Rent | $800 | $800 | $800 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Oak Creek Neighborhood of Lake Oswego, OR.
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Oak Creek, Lake Oswego, OR Local Guide
- Nearby Lake Oswego neighborhoods
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- Local Counties
- School Districts
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 Indian Hills Apartments priced from $1,125. #305 ASHER PARK has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,145. Here are the most affordable Oak Creek apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Indian Hills Apartments | 1BR/1.0BA | 1BR,1BA | $1,125 |
| #305 ASHER PARK | One Bedroom, One Bath | 1BR,1BA | $1,145 |
| #306 WOODSIDE VISTA | 1x1 | 1BR,1BA | $1,160 |
Best Value Apartments for Rent in Oak Creek, OR
As of April 12, 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 TWO BEDROOM Model at The Fields starting at $1,599 with a $1.65 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. |
|---|---|---|---|
| Greenburg Oaks | THREE BEDROOM | 3BR,1BA | $1.35 |
| The Fields | TWO BEDROOM | 2BR,1BA | $1.65 |
| Haven Lake Oswego | 2 bed 2 bath | 2BR,2BA | $1.82 |
| Gatehouse Apartments | 2x2 | 2BR,2BA | $1.72 |
| Capitol Gardens | 2 Bed. Townhome | 2BR,1.5BA | $1.60 |
| 9500 SW Greenburg Rd | 2x1 | 2BR,1BA | $1.78 |
| Village at Washington Square | 2BDRM/1BATH | 2BR,1BA | $1.65 |
| St James on Hall Apartments | 2BD 1BA | 2BR,1BA | $1.85 |
| Capitol Park | 1 bed-1 bath | 1BR,1BA | $1.79 |
| Indian Hills Apartments | 1BR/1.0BA | 1BR,1BA | $1.67 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read Article
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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.
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Pet Friendly LifestyleOak Creek, Lake Oswego, OR
Ranked #2
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Oak Creek, Lake Oswego, OR
Oak Creek Elementary School
Lake Oswego School District 7j
Public School - Grades K-5 (445)
8 out of 10
Lake Oswego Senior High School
Lake Oswego School District 7j
Public School - Grades 9-12 (1245)
10 out of 10
Lake Oswego Junior High School
Lake Oswego School District 7j
Public School - Grades 6-8 (824)
6 out of 10
School data provided by Great Schools
Frequently Asked Questions about Oak Creek
What type of rentals are currently available in Oak Creek?
There are currently 152 Apartments for Rent in Oak Creek, OR with pricing that ranges from $842 to $10,479. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oak Creek ranging from $800 to $3,800.
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 $800 to $3,800 with an average monthly rent of $2,204.
How much are larger Three and Four Bedroom Rentals in Oak Creek?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Oak Creek range from $842 to $10,479, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $3,800. Four Bedroom Single-Family rentals are also available starting from $3,195 and Four Bedroom Apartments start at $2,070.
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
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.
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.
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.
From Arts to Eats: A Local Insiders 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.
Articles, How-To's, and Tips
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
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.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
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.