Cheap Apartments for Rent in Lake Oswego, OR from $800 (103 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Northshore Apartments
Studio to 3 Bedroom Apartments

Northshore Apartments

50 Northshore RdLake Oswego, OR 97034
Utilities inc.
close
View Me
Jackson Square
2 Bedroom Apartments

Jackson Square

5318 Lakeview BlvdLake Oswego, OR 97035
close
View Me
ReNew Laurelwood
2 Bedroom Apartments

ReNew Laurelwood

3855 Lake Grove AveLake Oswego, OR 97035
Utilities inc.

Portland’s Best Affordable Neighborhoods

Learn about Portland and the best places to live with original content written by our Portland, OR Local Expert Chad Deitchley

Read Article
Showing Results 1-50, Page 1 of 3

Lake Oswego, OR Local Guide

Cheapest Available Lake Oswego Apartments for Rent

 

The cheapest available apartment rental in Lake Oswego, OR is a Studio unit found at Quail Ridge Apartments in the Far Southwest Portland neighborhood priced from $1,050. Rolling Hills Apartments in the Childs neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,240. Here is today’s list of the most affordable Lake Oswego apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Quail Ridge ApartmentsStudio LargeStudio,1BA$1,050
Rolling Hills Apartments2 Bedroom 1 Bath2BR,1BA$1,240
Edgewood Manor1BR 1 Bath1BR,1BA$1,250
The OverlandStudioStudio,1BA$1,252
Todd Village ApartmentsMt. BakerStudio,1BA$1,260
The Fields Apartments1 Bed, 1 bath1BR,1BA$1,279
Driftwood Terrace ApartmentsStudioStudio,1BA$1,295
Churchill Gardens Apartments2731x11BR,1BA$1,295
fivec012BR/1.0BA2BR,1BA$1,295

Best Value Apartments for Rent in Lake Oswego, OR

As of February 26, 2025 the best value apartment in the Lake Oswego area is the $1.78 price per square foot 3 x 2 Model at River Lofts in the in the Childs neighborhood starting from $2,000. The second greatest value Lake Oswego apartment is the 3bd/1.5Bth Model at Westview Townhomes starting at $1,995 with a $1.79 price per square foot in the Glenmorrie neighborhood. Here is today’s list of the best values for Lake Oswego apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
River Lofts3 x 23BR,2BA$1.78
Westview Townhomes3bd/1.5Bth3BR,1.5BA$1.79
Grace Manor Apartments3bd1bth3BR,1BA$1.80
Tara West Apartments2 Bedroom / 1.0 Bath townhome2BR,1.5BA$1.59
Gatehouse Apartments2x22BR,2BA$1.72
Tigard York2x1L2BR,1BA$1.77
Willamalane2 Bed / 1 Bath2BR,1BA$1.57
fivec012BR/1.0BA2BR,1BA$1.52
3327 SE Maple St, Unit #33273327 SE Maple St2BR,1BA$1.62
Edgewood Manor1BR 1 Bath1BR,1BA$1.79

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.

decorative image of people with a giant lease agreement

Best Local Schools in
Lake Oswego, OR

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lake Oswego, OR Rentals by Map

Decorative image of map

See the most popular apartments and homes in Lake Oswego, OR

View MapLake Oswego, OR Apartments MapView MapLake Oswego, OR Rental Homes Map

Getting Around Lake Oswego, OR

Walk Score®

63 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

65 / 100

Bikeable

Some bike infrastructure

Transit Score®

25 / 100

Some Transit

A few nearby public transportation options

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 Lake Oswego Apartments

What is the Cheapest Studio apartment in Lake Oswego?

Currently the most affordable Cheap Studio Apartment in Lake Oswego is at Quail Ridge Apartments listed at $1,050.

How much is rent for a Cheap One Bedroom Lake Oswego Apartment?

The lowest price for a Cheap One Bedroom Lake Oswego Apartment is $1,250 at Edgewood Manor.

What is the lowest price for a Cheap Two Bedroom Lake Oswego Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lake Oswego is starting from $1,295 at fivec01.

What is the most affordable Lake Oswego Three Bedroom Apartment?

The best deal on a cheap Lake Oswego Three Bedroom Apartment rental is at Rolling Hills Apartments and starts from $1,495.

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.

decorative image for A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.