Cheap Apartments for Rent in the Walluga Neighborhood of Lake Oswego, OR from $1,200 (32 Rentals)

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

property at 15370 Bangy Rd

15370 Bangy Rd

Lake OswegoOR97035

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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ReNew Laurelwood
1 to 3 Bedroom Apartments

ReNew Laurelwood

3855 Lake Grove AveLake Oswego, OR 97035
  • Utilities Included
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Jackson Square
2 Bedroom Apartments

Jackson Square

5318 Lakeview BlvdLake Oswego, OR 97035

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.

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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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The Fields Apartments
1 to 3 Bedroom Apartments

The Fields Apartments

7790 SW Hunziker RdTigard, OR 97223
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-32, Page 1 of 1

Walluga, Lake Oswego, OR Local Guide

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 Red Rock Commons priced from $1,260. Fairfield Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,345. Here are the most affordable Walluga apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Red Rock Commons1 Bed 1 Bath1BR,1BA$1,260
Fairfield Park ApartmentsOne Bedroom1BR,1BA$1,345
Bonita Villa1 Bedroom 1 Bath1BR,1BA$1,348
Creekside Commons Apartments1 Bed 1 Bath1BR,1BA$1,395
Hampton Park Apartments1 Bedroom, 1 Bath Medium1BR,1BA$1,475
The York2x1L2BR,1BA$1,495
The Ridge at Mountain Park ApartmentsOne Bedroom One Bath1BR,1BA$1,525
The OverlandOne Bedroom A1BR,1BA$1,547
Hampton Ridge Apartments1 Bedroom 1 Bath1BR,1BA$1,550

Best Value Apartments for Rent in Walluga, OR

As of October 29, 2025 the best value apartment in the Walluga 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 Walluga apartment is the Cedar Model at Milo at Mountain Park starting at $2,156 with a $1.88 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 ListingModel NameBed/BathPrice Per Sq.Ft.
3900 Canal Rd, Unit B3900 Canal Rd1BR,1BA$1.29
Milo at Mountain ParkCedar2BR,2BA$1.88
Oswego CoveTwo Bedroom Two Bath2BR,2BA$1.96
Haven Lake Oswego2 bed 2 bath2BR,2BA$2.02
The York2x1L2BR,1BA$1.66
ReNew LaurelwoodClover2BR,2BA$2.05
Bonita Villa2 Bedroom 1 Bath2BR,1BA$1.99
4614 Lower Dr, Unit 46144614 Lower Dr1BR,1BA$1.87
Red Rock Commons1 Bed 1 Bath1BR,1BA$1.91
Fairfield Park ApartmentsOne Bedroom1BR,1BA$2.07

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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
Walluga, Lake Oswego, OR

Ranked #4

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Walluga, Lake Oswego, OR

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.

Getting Around the Walluga Neighborhood in Lake Oswego, OR

Walk Score®

76 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

75 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

21 / 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 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 $1,550.

What is the price of a cheap apartment in Walluga?

The cheapest apartment in Walluga is Red Rock Commons which is listed at $1,260, while the average apartment in Walluga costs $4,500.

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 3 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 $103 which is $4,397 cheaper than the average rent for all rentals in Walluga.

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.