
Cheap Apartments for Rent in Lake Oswego, OR from $800 (122 Rentals)
Search the lowest-cost Apartments available for rent right now in Lake Oswego.


One Jefferson

Mercy Greenbrae

Parkridge Apartments

The Ridge at Mountain Park Apartments

100 Kerr Pkwy, Unit 13

Kruseway Commons

7167 SW Montauk Cir
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

Bonita Villa

Multnomah Village Apartments

Capital Park

Ridgeview Terrace

Willamalane

Todd Village Apartments

Miramonte Lodge

Driftwood Terrace Apartments

Chelan Apartments

Holly Acres

11102-11130 SW 62nd Ave

Multnomah Station

Overlook at the Willamette

Grace Manor Apartments

Hermoso View

Rolling Hills Apartments

Axletree Apartments

Chesapeake Pointe

1919 SW Spring Garden St, Unit 3

Henley Place

Stonesthrow Apartments

2121 Multnomah

ReNew West Tualatin

14620 SE Woodland Way

2222 Apartments

Timber Terrace Apartments XB-YY21

Banbury Apartments

Silver Creek Apartments-KL-11580-Y

Oak Grove

Hampton Park Apartments

Attwell Off Main

The Overland

Hampton Ridge Apartments
Lake Oswego, OR Local Guide

How much does it cost to rent an apartment in Lake Oswego?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Lake Oswego Studio Apartments | $1,534 | $1,190 | $2,256 |
Cheap Lake Oswego 1 Bedroom Apartments | $2,052 | $1,134 | $6,535 |
Cheap Lake Oswego 2 Bedroom Apartments | $2,533 | $1,274 | $8,016 |
Cheap Lake Oswego 3 Bedroom Apartments | $2,853 | $1,485 | $10,000+ |
Browse Top Apartments in Lake Oswego
See all Apartments in Lake OswegoExplore Lake Oswego
Lake Oswego, OR Local Guide
- Lake Oswego Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Lake Oswego, OR
Pricing Updated: 03/27/2025Current apartment rentals in the Lake Oswego, OR area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Lake Oswego Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Oldtown | $1,190 | $1,190 | 1 |
Cheapest Available Lake Oswego Apartments for Rent
 The cheapest available apartment rental in Lake Oswego, OR is a Studio unit found at Parkridge Apartments in the Far Southwest Portland neighborhood priced from $1,200. Churchill Gardens Apartments in the Far Southwest Portland neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,220. Here is today’s list of the most affordable Lake Oswego apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Parkridge Apartments | Efficiency | Studio,1BA | $1,200 |
Churchill Gardens Apartments | 2731x1 | 1BR,1BA | $1,220 |
8417 SW 24th Ave | 1BR/1.0BA | 1BR,1BA | $1,245 |
Capital Park | 1 bed-1 bath | 1BR,1BA | $1,250 |
Ridgeview Terrace | 1x1 | 1BR,1BA | $1,250 |
Todd Village Apartments | Mt. Baker | Studio,1BA | $1,260 |
Miramonte Lodge | Morrison | Studio,1BA | $1,285 |
Driftwood Terrace Apartments | Studio | Studio,1BA | $1,295 |
fivec01 | 2BR/1.0BA | 2BR,1BA | $1,295 |
Overlook at the Willamette | Studio | Studio,1BA | $1,325 |
Best Value Apartments for Rent in Lake Oswego, OR
As of March 27, 2025 the best value apartment in the Lake Oswego area is the $1.71 price per square foot 2 x 1.5 TH Model at River Lofts in the in the Childs neighborhood starting from $1,999. The second greatest value Lake Oswego apartment is the Plan C2A Model at Tualatin Heights starting at $2,036 with a $1.80 price per square foot in the Childs neighborhood. Here is today’s list of the best values for Lake Oswego apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
River Lofts | 2 x 1.5 TH | 2BR,1.5BA | $1.71 |
Tualatin Heights | Plan C2A | 3BR,2BA | $1.80 |
River Cliff Apartments | Layout B | 2BR,1BA | $1.45 |
Silver Creek Apartments-KL-11580-Y | 2x1 | 2BR,1BA | $1.57 |
Gatehouse Apartments | 2x2 | 2BR,2BA | $1.72 |
Tigard York | 2x1L | 2BR,1BA | $1.66 |
ReNew West Tualatin | Saum | 2BR,1BA | $1.73 |
Willamalane | 2 Bed / 1 Bath | 2BR,1BA | $1.57 |
Oak Grove | TWO BED | 2BR,1BA | $1.76 |
fivec01 | 2BR/1.0BA | 2BR,1BA | $1.52 |
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Pet Friendly LifestyleLake Oswego, OR
Ranked #9
Among cities in Oregon for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Lake Oswego, OR
River Grove Elementary School
Lake Oswego Senior High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lake Oswego, OR Rentals by Map
See the most popular apartments and homes in Lake Oswego, OR
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 Parkridge Apartments listed at $1,200.
How much is rent for a Cheap One Bedroom Lake Oswego Apartment?
The lowest price for a Cheap One Bedroom Lake Oswego Apartment is $1,220 at Churchill Gardens Apartments.
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 $1,485.
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.

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.

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.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.