Cheap Apartments for Rent in the Westlake Neighborhood of Lake Oswego, OR from $1,000 (72 Rentals)

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

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Parkridge Apartments
Rent Specials
$1,295 - $2,691
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$1,295 - $2,691
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Studio to 3 Bedroom Apartments Available Now

Parkridge Apartments

215 Greenridge DrLake Oswego, OR 97035
Affordability
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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.

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Willow
Rent Specials
$1,692 - $4,877
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$1,692 - $4,877
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1 to 3 Bedroom Apartments Available Now

Willow

5600 Meadows RdLake Oswego, OR 97035
Eco-Friendly
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property at 86 Kingsgate Rd

$1,700

Total Monthly Price

Total Monthly Price

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$1,700
Total Monthly Price
$1,700

2 Bedroom, 2 Bath Condo for Rent

Available Now

86 Kingsgate Rd, Unit H201

86 Kingsgate Rd
Lake OswegoOR97035
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ReNew Laurelwood
1 to 3 Bedroom Apartments

ReNew Laurelwood

3855 Lake Grove AveLake Oswego, OR 97035
Corporate Housing
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Haven Lake Oswego
1 to 2 Bedroom Apartments

Haven Lake Oswego

15000 Davis LnLake Oswego, OR 97035
Corporate Housing

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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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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Attwell off Main
Rent Specials
$1,341 - $6,131
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$1,341 - $6,131
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Studio to 3 Bedroom Apartments Available Jul 6

Attwell off Main

12850 SW Ash AveTigard, OR 97223
Corporate Housing
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The Overland
Rent Specials
$1,399 - $2,433
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$1,399 - $2,433
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Studio to 2 Bedroom Apartments Available Now

The Overland

11974 SW 72nd AveTigard, OR 97223
Pet Friendly
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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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Oak Street Lofts
Rent Specials
$1,516 - $3,253
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$1,516 - $3,253
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Studio to 2 Bedroom Apartments Available Now

Oak Street Lofts

8920 SW Oak StTigard, OR 97223
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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.

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Westlake, Lake Oswego, OR Local Guide

Cheapest Available Westlake Apartments for Rent

 

The cheapest available apartment rental in the Westlake area of Portland, OR is a 2 Beds unit found at #306 WOODSIDE VISTA priced from $1,175. Dartmouth Crossing North has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,216. Here are the most affordable Westlake apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
#306 WOODSIDE VISTA2x12BR,1BA$1,175
Dartmouth Crossing NorthOne Bedroom1BR,1BA$1,216
Greenburg OaksTWO BEDROOM2BR,1BA$1,240
Capitol Park1 bed-1 bath1BR,1BA$1,250
Terrace GlenOne Bed One Bath1BR,1BA$1,250
ShenandoahOne Bedroom1BR,1BA$1,275
Ridgeview Terrace1x11BR,1BA$1,295
Edgewood ManorOne Bedroom, One Bath1BR,1BA$1,325
Tigard Terrace Apartments2 Beds, 1 Baths2BR,1BA$1,345
Quail Ridge Apartments2 Bedroom, 1 Bath Large2BR,1BA$1,350

Best Value Apartments for Rent in Westlake, OR

As of June 22, 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 2BR/2BA (1,087sq ft) Model at Capitola Commons Apartments starting at $1,725 with a $1.59 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Greenburg OaksTHREE BEDROOM3BR,1BA$1.35
Capitola Commons Apartments2BR/2BA (1,087sq ft)2BR,2BA$1.59
LuDon Luradel2BR/1.0BA2BR,1BA$1.67
#306 WOODSIDE VISTA2x12BR,1BA$1.31
Fairfield Park ApartmentsUpstairs2BR,1BA$1.76
Jackson Square2 Bedroom - 1 Bath2BR,1BA$1.88
The Village Apartments2 Beds, 1 Baths2BR,1BA$1.68
Quail Ridge Apartments2 Bedroom, 1 Bath Extra Large2BR,1BA$1.87
Ivy Terrace Apartments2BR/1.0BA2BR,1BA$1.86
Capitol Park1 bed-1 bath1BR,1BA$1.79

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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Real 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.

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Pet Friendly Lifestyle
Westlake, Lake Oswego, OR

Ranked #1

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
Westlake, Lake Oswego, OR

School data provided by Great Schools

Lifestyle Ratings

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!

Frequently Asked Questions about Cheap Westlake Apartments

What is a cheap apartment in Westlake?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Westlake is under $1,350.

What is the price of a cheap apartment in Westlake?

The cheapest apartment in Westlake is Dartmouth Crossing North which is listed at $1,216, while the average apartment in Westlake costs $5,052.

What types of apartments are the cheapest in Westlake?

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 17 regular apartments in Westlake 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 Westlake?

Cheap apartments in Westlake have an average cost of $140 which is $4,912 cheaper than the average rent for all rentals in Westlake.

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.

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