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.

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

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.