
Cheap Apartments for Rent in the Walluga Neighborhood of Lake Oswego, OR from $1,100 (52 Rentals)
Search the lowest-cost Apartments available for rent right now in the Walluga area of Lake Oswego.


Total Monthly Price
15315 Twin Fir Rd, Unit LO Garden Apartment

Total Monthly Price
Elevation at Mountain Park

47 Eagle Crest Dr

12375 Mt Jefferson Terrace, Unit 1B

12375 Mt Jefferson Terrace, Unit 9B

Hunt Club

The Ridge at Mountain Park Apartments

12375 Mt Jefferson Terrace, Unit 11C

12375 Mt Jefferson Terrace, Unit 10B
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.

12375 Mt Jefferson Terrace, Unit 12D

Jackson Square

Total Monthly Price
7105 Montauk Cir, Unit 7105

Westlake Meadows Apartments

Total Monthly Price
Willow

14267 Uplands Dr

Kruseway Commons

6765 Montauk Cir, Unit 6765

12375 Mt Jefferson Terrace, Unit 10E

12375 Mt Jefferson Terrace, Unit 7D
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.

Oswego Cove

Total Monthly Price
Mercato Grove

ReNew Laurelwood

Haven Lake Oswego

7060 SW Montauk Cir

15938 Quarry Rd

6951 SW Montauk Cir

3930 Lake Grove Ave

The Bluffs at Mountain Park

4000 Carman Dr
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.

ReNew Oakridge

Bonita Villa

Dartmouth Crossing North

11240 SW Barbur Blvd, Unit 27

11240 SW Barbur Blvd, Unit 24

11240 SW Barbur Blvd, Unit 23

11240 SW Barbur Blvd, Unit 26

Creekside Commons Apartments

Hampton Park Apartments

The Fields
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Total Monthly Price
The Overland

Hampton Ridge Apartments

Eddyline at Bridgeport

Fairfield Park Apartments

Total Monthly Price
6361 SW Southwood Dr, Unit 3

The Steward

Montage

1404 SW Dickinson Ln

11580 SW 47th Ave

Red Rock Commons
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.
Walluga, Lake Oswego, OR Local Guide

How much does it cost to rent an apartment in Walluga?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Walluga Studio Apartments | $1,519 | $1,295 | $2,063 |
| Walluga 1 Bedroom Apartments | $1,865 | $1,216 | $3,637 |
| Walluga 2 Bedroom Apartments | $2,372 | $1,457 | $4,400 |
| Walluga 3 Bedroom Apartments | $3,542 | $1,158 | $9,824 |
Browse Apartments in this Neighborhood
There are currently 52 rentals with your search options within a 2 mile radius of the Walluga Neighborhood of Lake Oswego, OR.
See all Apartments in Lake OswegoExplore Lake Oswego
Walluga, Lake Oswego, OR Local Guide
- Nearby Lake Oswego neighborhoods
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- School Districts
Cheapest Available Walluga Apartments for Rent
 The cheapest available apartment rental in the Walluga area of Portland, OR is a 1 Bed unit found at Dartmouth Crossing North priced from $1,216. The Fields has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,396. Here are the most affordable Walluga apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Dartmouth Crossing North | One Bedroom | 1BR,1BA | $1,216 |
| The Fields | ONE BEDROOM | 1BR,1BA | $1,396 |
| The Overland | Studio | Studio,1BA | $1,418 |
| Fairfield Park Apartments | Upstairs | 2BR,1BA | $1,495 |
| The 72nd Apartments | Studio A | Studio,1BA | $1,495 |
| The Ridge at Mountain Park Apartments | One Bedroom One Bath | 1BR,1BA | $1,525 |
| Eddyline at Bridgeport | Residence 2 | 1BR,1BA | $1,576 |
| Jackson Square | 2 Bedroom - 1 Bath | 2BR,1BA | $1,595 |
| ReNew Laurelwood | Barberry | 2BR,1BA | $1,599 |
Best Value Apartments for Rent in Walluga, OR
As of June 14, 2026 the best value apartment in the Walluga area is the $1.76 price per square foot 2 Bedroom, 2 Bath Model at Hampton Ridge Apartments in the in the Far Southwest Portland neighborhood starting from $1,800. The second greatest value Walluga apartment is the Two Bedroom Two Bath Model at Oswego Cove starting at $1,995 with a $1.96 price per square foot in the Far Southwest Portland neighborhood. Here is today’s list of the best values for Walluga apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Hampton Ridge Apartments | 2 Bedroom, 2 Bath | 2BR,2BA | $1.76 |
| Oswego Cove | Two Bedroom Two Bath | 2BR,2BA | $1.96 |
| 7105 Montauk Cir, Unit 7105 | 7105 Montauk Cir | 2BR,1BA | $1.71 |
| Hampton Park Apartments | 2 Bedroom, 2 Bath | 2BR,2BA | $1.84 |
| Haven Lake Oswego | 2 bed 2 bath | 2BR,2BA | $1.91 |
| Hunt Club | Plan B1 | 2BR,1BA | $2.03 |
| Jackson Square | 2 Bedroom - 1 Bath | 2BR,1BA | $1.88 |
| Fairfield Park Apartments | Upstairs | 2BR,1BA | $1.76 |
| Bonita Villa | 2 Bedroom 1 Bath | 2BR,1BA | $1.99 |
| ReNew Laurelwood | Barberry | 2BR,1BA | $2.00 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleWalluga, Lake Oswego, OR
Ranked #5
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Walluga, Lake Oswego, OR
Oak Creek Elementary School
Lake Oswego Senior High School
Lake Oswego Junior High School
School data provided by Great Schools
Lifestyle Ratings
Our team compiles millions of data points to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, areas, and rental properties across Oregon, including Lake Oswego. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and easy access to the parks, pet-friendly features, places to raise kids, proximity to transit, and much more. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Walluga Apartments
What is a cheap apartment in Walluga?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Walluga is under $1,599.
What is the price of a cheap apartment in Walluga?
The cheapest apartment in Walluga is Dartmouth Crossing North which is listed at $1,216, while the average apartment in Walluga costs $5,052.
What types of apartments are the cheapest in Walluga?
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 18 regular apartments in Walluga 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 Walluga?
Cheap apartments in Walluga have an average cost of $168 which is $4,884 cheaper than the average rent for all rentals in Walluga.
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

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.

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.

The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs
Written by: Chad Deitchley
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.

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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.