Cheap Apartments for Rent in the Palisades Neighborhood of Lake Oswego, OR from $1,100 (12 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Palisades area of Lake Oswego.

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Palisades, Lake Oswego, OR Local Guide

Cheapest Available Palisades Apartments for Rent

 

The cheapest available apartment rental in the Palisades area of Portland, OR is a 1 Bed unit found at Rolling Hills Apartments priced from $1,195. Timbers at Tualatin has the second lowest priced unit, which is a Studio apartment currently listed from $1,305. Here are the most affordable Palisades apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Rolling Hills ApartmentsSuper Studio1BR,1BA$1,195
Timbers at TualatinPebbleStudio,1BA$1,305
The Ridge at Mountain Park ApartmentsOne Bedroom One Bath1BR,1BA$1,525
Parkridge Apartments1 bed/1 bath1BR,1BA$1,545
Westlake Meadows Apartments1x1 624 sq. ft. The Aspen1BR,1BA$1,590

Best Value Apartments for Rent in Palisades, OR

As of November 14, 2025 the best value apartment in the Palisades area is the $1.29 price per square foot 3900 Canal Rd Model at 3900 Canal Rd, Unit B in the in the Childs neighborhood starting from $1,800. The second greatest value Palisades apartment is the Two Bedroom Two Bath Model at Oswego Cove starting at $1,895 with a $1.86 price per square foot in the Far Southwest Portland neighborhood. Here is today’s list of the best values for Palisades apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3900 Canal Rd, Unit B3900 Canal Rd1BR,1BA$1.29
Oswego CoveTwo Bedroom Two Bath2BR,2BA$1.86
Parkridge Apartments2x12BR,1BA$2.09
The Ridge at Mountain Park ApartmentsOne Bedroom w/ Den1BR,1BA$2.13
The Bluffs at Mountain ParkThe Birchwood1BR,1BA$2.22
4614 Lower Dr, Unit 46144614 Lower Dr1BR,1BA$1.87
Stonesthrow Apartments1B1BR,1BA$2.26
Haven Lake Oswego1 Bed 1 Bath1BR,1BA$2.46
One JeffersonA31BR,1BA$2.47
Rolling Hills ApartmentsSuper Studio1BR,1BA$2.30

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Pet Friendly Lifestyle
Palisades, Lake Oswego, OR

Ranked #8

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 Palisades Neighborhood in Lake Oswego, OR

Walk Score®

26 / 100

Car-Dependent

Most errands require a car

Bike Score®

46 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

13 / 100

Minimal Transit

It may be possible to get on a bus

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 Palisades Apartments

How much is rent for a Cheap One Bedroom Palisades Apartment?

The lowest price for a Cheap One Bedroom Palisades Apartment is $1,195 at Rolling Hills Apartments.

What is the lowest price for a Cheap Two Bedroom Palisades Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Palisades is starting from $1,385 at Rolling Hills Apartments.

What is the most affordable Palisades Three Bedroom Apartment?

The best deal on a cheap Palisades Three Bedroom Apartment rental is at Rolling Hills Apartments and starts from $1,575.

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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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.

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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.