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$1,206 - $2,741
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Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,206 - $2,741
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Parkridge Apartments
215 Greenridge DrLake Oswego, OR 97035
Cheap Apartments for Rent in the Oldtown Neighborhood of Lake Oswego, OR from $800 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Oldtown area of Lake Oswego.
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$1,300
Total Monthly Price
Studio Apartment Available Aug 15Total Monthly Price
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$1,300
Total Monthly Price
$1,300
15315 Twin Fir Rd, Unit LO Garden Apartment
15315 Twin Fir RdLake Oswego, OR 97035
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Studio to 3 Bedroom Apartments
Northshore Apartments
50 Northshore RdLake Oswego, OR 97034
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$1,075 - $3,495Studio to 3 Bedroom Apartments Available Now
Lake Village and Lakewood Apartments
11850 SE 26th AvePortland, OR 97222
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$1,150 - $1,637Studio to 2 Bedroom Apartments Available Now
Parkside Heights
3097 SE Meek StMilwaukie, OR 97222
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.
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Rent Specials
$1,218 - $1,822Studio to 3 Bedroom Apartments Available Now
Fox Pointe Apartments
4616 SE Roethe RdMilwaukie, OR 97267
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$1,2951 Bedroom Apartments Contact Us For Availability
Shorewood Terrace Apartments
11233 SE 27th AveMilwaukie, OR 97222
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$1,295 - $1,7951 to 3 Bedroom Apartments Available Now
Driftwood Terrace
13455 SE Oatfield RdMilwaukie, OR 97222
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Rent Specials
$1,329 - $1,772Studio to 1 Bedroom Apartments Available Now
Axletree Apartments
11125 SE 21st StMilwaukie, OR 97222
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$1,330 - $1,647Studio to 3 Bedroom Apartments Available Now
Overlook at the Willamette
12601 SE River RdMilwaukie, OR 97222
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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$1,350 - $1,6351 to 2 Bedroom Apartments Available Now
Chesapeake Pointe
4400 SE Naef RdMilwaukie, OR 97267
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$1,395 - $1,4951 to 2 Bedroom Apartments Contact Us For Availability
The Milwaukian
11275 SE 27th AveMilwaukie, OR 97222
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Rent Specials
$1,445 - $3,204
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,445 - $3,204
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$1,445 - $3,204
Henley Place
10306 SE Main StMilwaukie, OR 97222
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$1,460 - $2,692Studio to 2 Bedroom Apartments Available Now
Miramonte Lodge
12200 SE McLoughlin BlvdMilwaukie, OR 97222
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Rent Specials
$1,460 - $2,628Studio to 3 Bedroom Apartments Available Now
Seven Acres
10999 SE 37th AveMilwaukie, OR 97222
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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2 Bedroom Apartments
15540 SE E Ave
15540 SE E AveMilwaukie, OR 97267
Showing Results 1-16, Page 1 of 1
Oldtown, Lake Oswego, OR Local Guide
How much does it cost to rent an apartment in Oldtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Oldtown Studio Apartments | $1,417 | $1,075 | $1,699 |
| Oldtown 1 Bedroom Apartments | $1,759 | $1,250 | $3,130 |
| Oldtown 2 Bedroom Apartments | $2,092 | $1,425 | $5,200 |
| Oldtown 3 Bedroom Apartments | $2,365 | $1,795 | $3,495 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Oldtown Neighborhood of Lake Oswego, OR.
See all Apartments in Lake OswegoExplore Lake Oswego
Oldtown, Lake Oswego, OR Local Guide
- Nearby Lake Oswego neighborhoods
- Nearby Cities
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- School Districts
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 Lake Village and Lakewood Apartments priced from $1,075. Parkside Heights has the second lowest priced unit, which is a Studio apartment currently listed from $1,150. Here are the most affordable Oldtown apartments for rent in Lake Oswego, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lake Village and Lakewood Apartments | 0x1 | Studio,1BA | $1,075 |
| Parkside Heights | Studio | Studio,1BA | $1,150 |
| Driftwood Terrace | 1x1 | 1BR,1BA | $1,295 |
| Axletree Apartments | FELLOWS | Studio,1BA | $1,329 |
| Chesapeake Pointe | 1 Bedroom | 1BR,1BA | $1,350 |
Best Value Apartments for Rent in Oldtown, OR
As of July 12, 2026 the best value apartment in the Oldtown area is the $2.43 price per square foot 3x2 Model at Parkridge Apartments in the in the Far Southwest Portland neighborhood starting from $2,586. The second greatest value Oldtown apartment is the 2bd/1.5Bth Model at Westview Townhomes starting at $1,750 with a $1.73 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Parkridge Apartments | 3x2 | 3BR,2BA | $2.43 |
| Westview Townhomes | 2bd/1.5Bth | 2BR,1.5BA | $1.73 |
| River Cliff Apartments | The Bluff | 2BR,1BA | $1.67 |
| Fox Pointe Apartments | 2 Bedroom, 1 Bath B | 2BR,1BA | $1.63 |
| Arista Townhomes | 2 Beds, 1.5 Baths | 2BR,1.5BA | $1.96 |
| Concord Crossing | Two Bedroom & One Bath | 2BR,1BA | $1.94 |
| Oak Grove | TWO BED | 2BR,1BA | $1.82 |
| Chesapeake Pointe | 1 Bedroom with Fireplace and Carport | 1BR,1BA | $1.95 |
| Overlook at the Willamette | One Bedroom | 1BR,1BA | $2.20 |
| Driftwood Terrace | 1x1 | 1BR,1BA | $1.99 |
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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
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.
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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 LifestyleOldtown, Lake Oswego, OR
Ranked #17
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
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 $1,585.
What is the price of a cheap apartment in Oldtown?
The cheapest apartment in Oldtown is Lake Village and Lakewood Apartments which is listed at $1,250, while the average apartment in Oldtown costs $2,466.
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 4 regular apartments in Oldtown that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.
Articles, How-To's, and Tips
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.