Search the lowest-cost Apartments available for rent right now in the Westlake area of Lake Oswego.
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.
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.
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.
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Westlake Studio Apartments | $1,535 | $1,265 | $2,464 |
| Westlake 1 Bedroom Apartments | $1,801 | $1,160 | $3,637 |
| Westlake 2 Bedroom Apartments | $2,233 | $1,240 | $4,248 |
| Westlake 3 Bedroom Apartments | $3,010 | $842 | $10,000+ |
| Westlake 4 Bedroom Apartments | $3,185 | $2,070 | $4,300 |
There are currently 55 rentals with your search options within a 2 mile radius of the Westlake Neighborhood of Lake Oswego, OR.
See all Apartments in Lake OswegoThe cheapest available apartment rental in the Westlake area of Portland, OR is a 1 Bed unit found at #306 WOODSIDE VISTA priced from $1,160. Ridgeview Terrace has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,200. Here are the most affordable Westlake apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| #306 WOODSIDE VISTA | 1x1 | 1BR,1BA | $1,160 |
| Ridgeview Terrace | 1x1 | 1BR,1BA | $1,200 |
| Dartmouth Crossing North | One Bedroom | 1BR,1BA | $1,216 |
| Greenburg Oaks | TWO BEDROOM | 2BR,1BA | $1,240 |
| Capitol Park | 1 bed-1 bath | 1BR,1BA | $1,250 |
| Red Rock Commons | 1 Bed 1 Bath | 1BR,1BA | $1,260 |
| Terrace Glen | Studio | Studio,1BA | $1,265 |
| Shenandoah | One Bedroom | 1BR,1BA | $1,275 |
| The York | 1x1 Small | 1BR,1BA | $1,295 |
| Fairfield Park Apartments | One Bedroom | 1BR,1BA | $1,295 |
As of March 23, 2026 the best value apartment in the Westlake area is the $1.35 price per square foot THREE BEDROOM Model at Greenburg Oaks in the in the Far Southwest Portland neighborhood starting from $1,558. The second greatest value Westlake apartment is the TWO BEDROOM Model at The Fields starting at $1,575 with a $1.62 price per square foot in the Far Southwest Portland neighborhood. Here is today’s list of the best values for Westlake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Greenburg Oaks | THREE BEDROOM | 3BR,1BA | $1.35 |
| The Fields | TWO BEDROOM | 2BR,1BA | $1.62 |
| Haven Lake Oswego | 2 bed 2 bath | 2BR,2BA | $1.82 |
| Gatehouse Apartments | 2x2 | 2BR,2BA | $1.72 |
| Capitol Gardens | 2 Bed. Townhome | 2BR,1.5BA | $1.60 |
| 9500 SW Greenburg Rd | 2x1 | 2BR,1BA | $1.78 |
| #304 EDGEWOOD MANOR | Two Bedroom, One and a Half Bath | 2BR,1.5BA | $1.81 |
| Capitol Park | 1 bed-1 bath | 1BR,1BA | $1.79 |
| Red Rock Commons | 1 Bed 1 Bath | 1BR,1BA | $1.91 |
| #306 WOODSIDE VISTA | 1x1 | 1BR,1BA | $1.93 |
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDiscover 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 ArticleMoving 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.
Read ArticleDiscover 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.
Read ArticleThe 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.
If you’re an expert on all things Westlake, tell us what you love (and don't) by rating it and writing a review.
Write a ReviewAmong cities in Oregon for Apartment listings with Pet Friendly Amenities.
School data provided by Great Schools
ApartmentHomeLiving brings you Lifestyle Ratings of rentals in cities across the United States and customized analysis for Southwestern Portland. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, transit availability, pet-friendly communities, places to raise kids, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!
Currently the most affordable Cheap Studio Apartment in Westlake is at Terrace Glen listed at $1,265.
The lowest price for a Cheap One Bedroom Westlake Apartment is $1,160 at #306 WOODSIDE VISTA.
Today's best deal for a Cheap Two Bedroom Apartment in Westlake is starting from $1,240 at Greenburg Oaks.
The best deal on a cheap Westlake Three Bedroom Apartment rental is at Greenburg Oaks and starts from $1,558.
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.
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.
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.
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.
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.
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.
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
We'll check your Westlake review to ensure it meets our Review Guidelines.
Thank you!
