50 Northshore Rd
Lake OswegoOR97034
Cheap Apartments for Rent in the Oldtown Neighborhood of Lake Oswego, OR from $800 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the Oldtown area of Lake Oswego.
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Rent Specials
$1,295 - $2,691
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,295 - $2,691
Total Monthly Price
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Parkridge Apartments
215 Greenridge DrLake Oswego, OR 97035
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$1,300
Total Monthly Price
Studio Apartment Available Aug 15Total Monthly Price
Base Rent
$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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$1,3991 Bedroom Apartments Available Now
667 McVey Ave
667 McVey AveLake Oswego, OR 97034
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Studio to 3 Bedroom Apartments
Northshore Apartments
50 Northshore RdLake Oswego, OR 97034
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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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$1,195 - $1,2951 Bedroom Apartments Available Now
Shorewood Terrace Apartments
11233 SE 27th AveMilwaukie, OR 97222
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Rent Specials
$1,218 - $1,778Studio to 3 Bedroom Apartments Available Now
Fox Pointe
4616 SE Roethe RdMilwaukie, OR 97267
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$1,2951 Bedroom Apartments Contact Us For Availability
Driftwood Terrace
13455 SE Oatfield RdMilwaukie, OR 97222
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$1,350Studio Apartments Available Now
4036 SE Monroe St
4036 SE Monroe StMilwaukie, OR 97222
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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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Rent Specials
$1,353 - $1,399Studio Apartments Available Now
Axletree Apartments
11125 SE 21st StMilwaukie, 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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Rent Specials
$1,390 - $2,669Studio to 2 Bedroom Apartments Available Now
Miramonte Lodge
12200 SE McLoughlin BlvdMilwaukie, OR 97222
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Rent Specials
$1,390 - $1,5301 to 2 Bedroom Apartments Available Now
Oak Grove
4532-4540 SE Roethe RdMilwaukie, OR 97267
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$1,425 - $1,5502 Bedroom Apartments Available Now
Lake Village and Lakewood Apartments
11850 SE 26th AvePortland, OR 97222
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Rent Specials
$1,460 - $2,722Studio to 3 Bedroom Apartments Available Now
Seven Acres
10999 SE 37th AveMilwaukie, OR 97222
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$1,4952 Bedroom Apartments Available Now
The Milwaukian
11275 SE 27th AveMilwaukie, OR 97222
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Rent Specials
$1,499 - $3,394
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,499 - $3,394
Total Monthly Price
$1,499 - $3,394
Henley Place
10306 SE Main StMilwaukie, 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 1-19, 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 | $1,399 | $1,150 | $1,699 |
| Oldtown 1 Bedroom Apartments | $1,705 | $1,195 | $3,028 |
| Oldtown 2 Bedroom Apartments | $2,169 | $1,425 | $4,705 |
| Oldtown 3 Bedroom Apartments | $2,249 | $1,778 | $2,691 |
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 19 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
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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 Parkside Heights priced from $1,150. Shorewood Terrace Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,195. Here are the most affordable Oldtown apartments for rent in Lake Oswego, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parkside Heights | Studio | Studio,1BA | $1,150 |
| Shorewood Terrace Apartments | 1 Bedroom Garden | 1BR,1BA | $1,195 |
| Chesapeake Pointe | 1 Bedroom | 1BR,1BA | $1,350 |
| Oak Grove | ONE BED | 1BR,1BA | $1,390 |
| Axletree Apartments | KELLOGG 2 | Studio,1BA | $1,399 |
Best Value Apartments for Rent in Oldtown, OR
As of May 28, 2026 the best value apartment in the Oldtown area is the $1.73 price per square foot 2bd/1.5Bth Model at Westview Townhomes in the in the Glenmorrie neighborhood starting from $1,750. The second greatest value Oldtown apartment is the 3x1 Model at Jennings Lodge Apartments starting at $1,895 with a $1.92 price per square foot in the Rosemont Summit 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. |
|---|---|---|---|
| Westview Townhomes | 2bd/1.5Bth | 2BR,1.5BA | $1.73 |
| Jennings Lodge Apartments | 3x1 | 3BR,1BA | $1.92 |
| Fox Pointe | 2 Bedroom, 1 Bath B | 2BR,1BA | $1.59 |
| Miramonte Lodge | Sellwood | 2BR,2BA | $2.30 |
| Uptown at Lake Oswego | (250) 1BR Updated (840sq ft #46) | 1BR,1BA | $2.23 |
| Oak Grove | ONE BED | 1BR,1BA | $1.85 |
| Lake Village and Lakewood Apartments | 2x1 | 2BR,1BA | $1.99 |
| Chesapeake Pointe | 1 Bedroom with Fireplace and Carport | 1BR,1BA | $1.95 |
| The Milwaukian | 2 Bedroom | 2BR,1BA | $2.30 |
| Shorewood Terrace Apartments | 1 Bedroom Garden | 1BR,1BA | $2.07 |
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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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 LifestyleOldtown, Lake Oswego, OR
Ranked #13
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Oldtown Apartments
What is the price of a cheap apartment in Oldtown?
The cheapest apartment in Oldtown is Shorewood Terrace Apartments which is listed at $1,195, while the average apartment in Oldtown costs $2,247.
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 8 regular apartments in Oldtown that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Oldtown?
Cheap apartments in Oldtown have an average cost of $218 which is $2,029 cheaper than the average rent for all rentals in Oldtown.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
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.