Cheap Apartments for Rent in the Oldtown Neighborhood of Lake Oswego, OR from $800 (17 Rentals)

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Northshore Apartments
Studio to 3 Bedroom Apartments

Northshore Apartments

50 Northshore RdLake Oswego, OR 97034
  • Utilities Included

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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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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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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Showing Results 1-17, Page 1 of 1

Oldtown, Lake Oswego, OR Local Guide

Cheapest Available Oldtown Apartments for Rent

 

The cheapest available apartment rental in the Oldtown area of Lake Oswego, OR is a Studio unit found at Axletree Apartments - City Vibes, Small Town Soul priced from $1,275. Miramonte Lodge has the second lowest priced unit, which is a Studio apartment currently listed from $1,290. Here are the most affordable Oldtown apartments for rent in Lake Oswego, OR:

Apartment ListingModel NameBed/BathPriced From
Axletree Apartments - City Vibes, Small Town SoulKELLOGG 1Studio,1BA$1,275
Miramonte LodgeMorrisonStudio,1BA$1,290
Henley PlaceThe MapleStudio,1BA$1,320
Overlook at the WillametteStudioStudio,1BA$1,325
Concord CrossingOne Bedroom & One Bath1BR,1BA$1,350

Best Value Apartments for Rent in Oldtown, OR

As of November 27, 2025 the best value apartment in the Oldtown area is the $1.44 price per square foot 2 Bedroom, 1 Bath B Model at Fox Pointe in the in the Hidden Springs neighborhood starting from $1,399. The second greatest value Oldtown apartment is the Cedar Flat Model at Arrive West Linn starting at $1,995 with a $2.16 price per square foot in the Glenmorrie neighborhood. Here is today’s list of the best values for Oldtown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fox Pointe2 Bedroom, 1 Bath B2BR,1BA$1.44
Arrive West LinnCedar Flat2BR,2BA$2.16
Oak GroveONE BED1BR,1BA$1.86
Lake Village2x12BR,1BA$1.96
Concord CrossingOne Bedroom & One Bath1BR,1BA$1.87
Chesapeake Pointe1 Bedroom with Fireplace and Carport1BR,1BA$1.95
1691 Parrish St, Unit Your home away from home1691 Parrish St1BR,1BA$2.56
Parkridge Apartments1x1 small1BR,1BA$2.45
Seven AcresAzalea - Bldgs 2-51BR,1BA$2.58
Overlook at the WillametteStudioStudio ,1BA$2.33

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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The 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.

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Quick 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 Lifestyle
Oldtown, Lake Oswego, OR

Ranked #18

Among cities in Oregon for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the Oldtown Neighborhood in Lake Oswego, OR

Walk Score®

83 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

57 / 100

Bikeable

Some bike infrastructure

Transit Score®

32 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Oldtown Apartments

What is a cheap apartment in Oldtown?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Oldtown is under $1,494.

What is the price of a cheap apartment in Oldtown?

The cheapest apartment in Oldtown is Concord Crossing which is listed at $1,350, while the average apartment in Oldtown costs $2,599.

What types of apartments are the cheapest in Oldtown?

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 19 regular apartments in Oldtown that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.