
Cheap Homes for Rent in the Oak Creek Neighborhood of Lake Oswego, OR from $1,345 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Oak Creek area of Lake Oswego.


11 Crestfield Ct

5023-5033-5033 SW Pasadena St
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15938 Quarry Rd

1404 SW Dickinson Ln

2952 SW Huber St
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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 | $2,235 | $1,345 | $3,500 |
| Oak Creek 3 Bedroom Homes for Rent | $3,071 | $1,795 | $4,800 |
| Oak Creek 4 Bedroom Homes for Rent | $3,935 | $2,695 | $5,250 |
Browse Homes for Rent in this Neighborhood
There are currently 6 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
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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 Edgewood Manor priced from $1,199. Indian Hills Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,200. Here are the most affordable Oak Creek apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Edgewood Manor | LL 1x1 | 1BR,1BA | $1,199 |
| Indian Hills Apartments | 1BR/1.0BA | 1BR,1BA | $1,200 |
| Greenburg Oaks | TWO BEDROOM | 2BR,1BA | $1,240 |
Best Value Apartments for Rent in Oak Creek, OR
As of August 27, 2026 the best value apartment in the Oak Creek area is the $1.62 price per square foot 3 Bed Townhome Model at Capitol Gardens in the in the Far Southwest Portland neighborhood starting from $1,950. 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. |
|---|---|---|---|
| Capitol Gardens | 3 Bed Townhome | 3BR,1.5BA | $1.62 |
| Greenburg Oaks | THREE BEDROOM | 3BR,1BA | $1.35 |
| Gatehouse Apartments | 2x2 | 2BR,2BA | $1.72 |
| Creekside Commons Apartments | 2 Bed 1 Bath R | 2BR,1BA | $1.73 |
| LuDon Luradel | 2BR/1.0BA | 2BR,1BA | $1.67 |
| Fairfield Park Apartments | Upstairs | 2BR,1BA | $1.76 |
| Ridgeview Terrace | 2x2 | 2BR,2BA | $1.74 |
| The Village Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.68 |
| Carleton Terrace Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.74 |
| Indian Hills Apartments | 1BR/1.0BA | 1BR,1BA | $1.74 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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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.
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.
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 Senior High School
Lake Oswego Junior High School
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 150 Apartments for Rent in Oak Creek, OR with pricing that ranges from $1,160 to $10,364. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oak Creek ranging from $1,345 to $5,250.
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 $1,345 to $5,250 with an average monthly rent of $2,962.
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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