
Cheap Homes for Rent in Walluga Neighborhood of Lake Oswego, OR from $1,400 (20 Rentals)
Search the lowest-cost Homes available for rent right now in the Walluga area of Lake Oswego.


11240 SW Barbur Blvd, Unit 24

11240 SW Barbur Blvd, Unit 23

11240 SW Barbur Blvd, Unit 26

47 Eagle Crest Dr

12375 Mt Jefferson Terrace, Unit 1B
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 9B

12375 Mt Jefferson Terrace, Unit 11C

12375 Mt Jefferson Terrace, Unit 10B

12375 Mt Jefferson Terrace, Unit 12D

7060 SW Montauk Cir

14267 Uplands Dr
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.

15938 Quarry Rd

6951 SW Montauk Cir

6765 Montauk Cir, Unit 6765

1404 SW Dickinson Ln

3930 Lake Grove Ave

12375 Mt Jefferson Terrace, Unit 10E
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.

12375 Mt Jefferson Terrace, Unit 7D

4000 Carman Dr
Walluga, Lake Oswego, OR Local Guide

How much does it cost to rent a home in Walluga?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Walluga 2 Bedroom Homes for Rent | $2,019 | $1,735 | $2,550 |
| Walluga 3 Bedroom Homes for Rent | $2,959 | $2,545 | $3,495 |
| Walluga 4 Bedroom Homes for Rent | $3,597 | $2,895 | $4,300 |
| Walluga 5 Bedroom Homes for Rent | $5,995 | $5,995 | $5,995 |
Browse Homes for Rent in this Neighborhood
There are currently 20 rentals with your search options within a 2 mile radius of the Walluga Neighborhood of Lake Oswego, OR.
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Walluga, Lake Oswego, OR Local Guide
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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 |
| 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 |
Best Value Apartments for Rent in Walluga, OR
As of June 12, 2026 the best value apartment in the Walluga area is the $2.09 price per square foot The Pinewood Model at The Bluffs at Mountain Park in the in the Far Southwest Portland neighborhood starting from $2,395. The second greatest value Walluga apartment is the Two Bedroom Two Bath Model at Oswego Cove starting at $2,025 with a $1.99 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. |
|---|---|---|---|
| The Bluffs at Mountain Park | The Pinewood | 2BR,2BA | $2.09 |
| Oswego Cove | Two Bedroom Two Bath | 2BR,2BA | $1.99 |
| 7105 Montauk Cir, Unit 7105 | 7105 Montauk Cir | 2BR,1BA | $1.71 |
| Haven Lake Oswego | 2 bed 2 bath | 2BR,2BA | $1.91 |
| Hampton Ridge Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $1.88 |
| 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 #4
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
Frequently Asked Questions about Walluga
What type of rentals are currently available in Walluga?
There are currently 82 Apartments for Rent in Walluga, OR with pricing that ranges from $1,158 to $10,479. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Walluga ranging from $1,469 to $5,995.
What is the current price range for Rental Homes in Walluga?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Walluga ranges from $1,469 to $5,995 with an average monthly rent of $3,269.
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.