Cheap Apartments for Rent in the Palisades Neighborhood of Lake Oswego, OR from $1,100 (15 Rentals)

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

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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Parkridge Apartments
Rent Specials
$1,545 - $2,640
Total Monthly Price

Total Monthly Price

Base Rent
$1,545 - $2,640
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Parkridge Apartments

215 Greenridge DrLake Oswego, OR 97035
Pet Friendly
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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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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 1-15, Page 1 of 1

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 $1,170. 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$1,170
Dartmouth Crossing NorthOne Bedroom1BR,1BA$1,216
Hunt ClubPlan A11BR,1BA$1,285
Timbers at TualatinPebbleStudio,1BA$1,333
Parkridge Apartments1 bed/1 bath1BR,1BA$1,500

Best Value Apartments for Rent in Palisades, OR

As of May 15, 2026 the best value apartment in the Palisades area is the $2.05 price per square foot Two Bedroom Two Bath Model at Oswego Cove in the in the Far Southwest Portland neighborhood starting from $2,095. The second greatest value Palisades apartment is the (250) 1BR Updated (840sq ft #46) Model at Uptown at Lake Oswego starting at $1,875 with a $2.23 price per square foot in the Glenmorrie 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$2.05
Uptown at Lake Oswego(250) 1BR Updated (840sq ft #46)1BR,1BA$2.23
The Ridge at Mountain Park ApartmentsOne Bedroom One Bath1BR,1BA$2.10
Stonesthrow Apartments1B1BR,1BA$2.09
MontageOne Bedroom B21BR,1BA$2.62
Parkridge Apartments1x1 small1BR,1BA$2.50
Hunt ClubPlan A11BR,1BA$2.00
Quarry Commons1bd 1ba1BR,1BA$2.78
Rolling Hills ApartmentsSuper Studio1BR,1BA$2.25
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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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
Palisades, Lake Oswego, OR

Ranked #11

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Cheap Palisades Apartments

What is the Cheapest Studio apartment in Palisades?

Currently the most affordable Cheap Studio Apartment in Palisades is at Commons on the Tualatin River listed at $1,550.

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

The lowest price for a Cheap One Bedroom Palisades Apartment is $1,170 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 $1,275 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 $1,480.

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.

Helpful Local Expert Guides

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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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Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland

Written by: Chad Deitchley

Hello! My name is Chad, and I joined the ApartmentHomeLiving.com team as a Local Expert after living in Portland, Oregon, for more than 20 years. I have a deep love for this charming and vibrant city.

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The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs

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Let me introduce myself as your ApartmentHomeLiving Local Expert for Portland, Oregon. I’m Chad, and I can attest firsthand to the vibrant and funky nature of this one-of-a-kind city.

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From Arts to Eats: A Local Insiders Guide to Living in Portland's Best Spots

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Hello! My name is Chad, and I am your ApartmentHomeLiving.com Local Expert for Portland, Oregon. After living in this one-of-a-kind city for more than 20 years, I have seen it change in many exciting ways.

Articles, How-To's, and Tips

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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.

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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.

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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.

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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.