Cheap Apartments for Rent in the Palisades Neighborhood of Lake Oswego, OR from $1,200 (26 Rentals)

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

Portland’s Best Affordable Neighborhoods

Learn about Portland and the best places to live with original content written by our Portland, OR Local Expert Chad Deitchley

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Parkridge Apartments
Rent Specials
$1,619 - $3,233
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$1,619 - $3,233

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Studio to 3 Bedroom Apartments Available Now

Parkridge Apartments

215 Greenridge DrLake Oswego, OR 97035
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Willow Apartments
$1,792 - $4,830
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$1,792 - $4,830

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$1,792 - $4,830
1 to 3 Bedroom Apartments Available Now

Willow Apartments

5600 Meadows RdLake Oswego, OR 97035
Eco-Friendly
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Mercato Grove
Rent Specials
$1,837 - $5,724
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$1,837 - $5,724

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Studio to 3 Bedroom Apartments Available Now

Mercato Grove

3975-4055 Mercantile DrLake Oswego, OR 97035
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Stonesthrow Apartments
Rent Specials
$1,629 - $7,731
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$1,629 - $7,731

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$1,629 - $7,731
1 to 2 Bedroom Apartments Available Now

Stonesthrow Apartments

6455 SW Nyberg LnTualatin, OR 97062
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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 $1,205. Dartmouth Crossing North has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,216. Here are the most affordable Palisades apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Rolling Hills ApartmentsSuper Studio1BR,1BA$1,205
Dartmouth Crossing NorthOne Bedroom1BR,1BA$1,216
Terrace View ApartmentsOne-Bedroom1BR,1BA$1,275
Timbers at TualatinPebbleStudio,1BA$1,342
Hunt ClubPlan A11BR,1BA$1,363
The Ridge at Mountain Park ApartmentsOne Bedroom One Bath1BR,1BA$1,525
Commons on the Tualatin RiverZig Zag1BR,1BA$1,550
Westlake Meadows Apartments1x1 624 sq. ft. The Aspen1BR,1BA$1,595
Parkridge Apartments1 Bed/1 Bath1BR,1BA$1,619
Stonesthrow Apartments1B1BR,1BA$1,629

Best Value Apartments for Rent in Palisades, OR

As of August 15, 2026 the best value apartment in the Palisades area is the $2.23 price per square foot Two Bedroom Two Bath Model at Oswego Cove in the in the Far Southwest Portland neighborhood starting from $2,275. The second greatest value Palisades apartment is the Dogwood Model at MiLO at Mountain park starting at $2,018 with a $1.98 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.
Oswego CoveTwo Bedroom Two Bath2BR,2BA$2.23
MiLO at Mountain parkDogwood2BR,2BA$1.98
7022 SW Montauk Cir, Unit 7022 Montauk CIR7022 SW Montauk Cir2BR,1BA$1.99
Parkridge Apartments2x12BR,1BA$2.25
Stonesthrow Apartments2A2BR,1BA$2.27
The Ridge at Mountain Park ApartmentsOne Bedroom w/ Den1BR,1BA$2.22
Terrace View ApartmentsOne-Bedroom1BR,1BA$1.85
Hunt ClubPlan A11BR,1BA$2.02
Rolling Hills ApartmentsSuper Studio1BR,1BA$2.32
Dartmouth Crossing NorthOne Bedroom1BR,1BA$2.51

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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Pet Friendly Lifestyle
Palisades, Lake Oswego, OR

Ranked #7

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $1,205 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 $1,360 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 Terrace View Apartments and starts from $1,599.

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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