Cheap Apartments for Rent in Lake Oswego, OR from $800 (124 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.

property at 15370 Bangy Rd

15370 Bangy Rd

Lake OswegoOR97035

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article
close
View Me
50 Northshore Rd
Studio to 3 Bedroom Apartments

50 Northshore Rd

50 Northshore RdLake Oswego, OR 97034
  • Utilities Included
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 Included
close
View Me
Haven Lake Oswego
1 to 2 Bedroom Apartments

Haven Lake Oswego

15000 Davis LnLake Oswego, OR 97035

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Read Article

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 Lake Village in the Foothills neighborhood priced from $1,100. Quail Ridge Apartments in the Far Southwest Portland neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,175. Here is today’s list of the most affordable Lake Oswego apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lake Village0x1Studio,1BA$1,100
Quail Ridge ApartmentsStudio SmallStudio,1BA$1,175
Miramonte LodgeMorrisonStudio,1BA$1,220
Ridgeview Terrace1x11BR,1BA$1,250
Capital Park1 bed-1 bath1BR,1BA$1,250
Todd Village ApartmentsMt. BakerStudio,1BA$1,295
Holy Cross1 BR. 1 BATH1BR,1BA$1,295
Barbur Heights Apartments1 Bedroom / 1.0 Bath1BR,1BA$1,325
Overlook at the WillametteStudioStudio,1BA$1,325
Rolling Hills ApartmentsSuper Studio1BR,1BA$1,340

Best Value Apartments for Rent in Lake Oswego, OR

As of May 01, 2025 the best value apartment in the Lake Oswego area is the $1.65 price per square foot Plan C Model at Waverley & Stuart Hall in the in the Eastmoreland neighborhood starting from $2,120. The second greatest value Lake Oswego apartment is the 2 Bed 1.5 Bath Townhome 1130SF Model at Larkspur West Linn starting at $2,015 with a $1.78 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.
Waverley & Stuart HallPlan C2BR,2BA$1.65
Larkspur West Linn2 Bed 1.5 Bath Townhome 1130SF2BR,2BA$1.78
Martinazzi Village3 Bed 2 Bath3BR,2BA$1.80
2222 Apartments2BR/2.0BA2BR,2BA$1.67
Tualatin HeightsPlan B2B - Flat2BR,2BA$1.71
Gatehouse Apartments2x22BR,2BA$1.72
Tigard York2x1L2BR,1BA$1.66
Oak GroveTWO BED2BR,1BA$1.76
1919 SW Spring Garden St, Unit 31919 SW Spring Garden St2BR,1BA$1.72
Holly Acres1 BR. 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

Pet Friendly Lifestyle
Lake Oswego, OR

Ranked #9

Among cities in Oregon for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

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 Lake Village listed at $1,100.

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 Ridgeview Terrace.

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 $1,350 at Grace Manor Apartments.

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 $1,545.

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 Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.