
Cheap Apartments for Rent in the Evergreen Neighborhood of Lake Oswego, OR from $800 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in the Evergreen area of Lake Oswego.


One Jefferson

Mercy Greenbrae

Overlook at the Willamette

Miramonte Lodge

Axletree Apartments

3321-3327 SE Maple St

Henley Place

Holm at Sellwood
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

Seven Acres

Banbury Apartments
Evergreen, Lake Oswego, OR Local Guide

How much does it cost to rent an apartment in Evergreen?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Evergreen Studio Apartments | $1,529 | $1,190 | $2,340 |
Evergreen 1 Bedroom Apartments | $1,815 | $1,207 | $3,700 |
Evergreen 2 Bedroom Apartments | $2,580 | $1,395 | $7,605 |
Evergreen 3 Bedroom Apartments | $2,675 | $1,841 | $3,229 |
Browse Apartments in this Neighborhood
There are currently 28 rentals with your search options within a 2 mile radius of the Evergreen Neighborhood of Lake Oswego, OR.
See all Apartments in Lake OswegoExplore Lake Oswego
Evergreen, Lake Oswego, OR Local Guide
- Nearby Lake Oswego neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Evergreen Apartments for Rent
 The cheapest available apartment rental in the Evergreen area of Portland, OR is a Studio unit found at Overlook at the Willamette priced from $1,325. Miramonte Lodge has the second lowest priced unit, which is a Studio apartment currently listed from $1,345. Here are the most affordable Evergreen apartments for rent in Portland, OR:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Overlook at the Willamette | Studio | Studio,1BA | $1,325 |
Miramonte Lodge | Morrison | Studio,1BA | $1,345 |
Axletree Apartments | Kellogg | Studio,1BA | $1,353 |
Henley Place | The Maple | Studio,1BA | $1,430 |
Holm at Sellwood | Studio A | Studio,1BA | $1,450 |
One Jefferson | A5 | 1BR,1BA | $1,478 |
Banbury Apartments | One Bedroom/A | 1BR,1BA | $1,505 |
Lake Village | 2x1 | 2BR,1BA | $1,575 |
River Cliff Apartments | Layout B | 2BR,1BA | $1,595 |
Parkridge Apartments | 1x1 small | 1BR,1BA | $1,676 |
Best Value Apartments for Rent in Evergreen, OR
As of April 10, 2025 the best value apartment in the Evergreen 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 Evergreen apartment is the Layout B Model at River Cliff Apartments starting at $1,595 with a $1.45 price per square foot in the Foothills neighborhood. Here is today’s list of the best values for Evergreen apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Waverley & Stuart Hall | Plan C | 2BR,2BA | $1.65 |
River Cliff Apartments | Layout B | 2BR,1BA | $1.45 |
Oswego Cove | Two Bedroom Two Bath | 2BR,2BA | $2.05 |
Images Springcreek Apartments | 2BR/1.0BA | 2BR,1BA | $1.77 |
Oswego Pointe | 1 Bed 1 Bath | 1BR,1BA | $2.12 |
Park Hamlin - 2323 SE Harrison | 2BR/1.0BA | 2BR,1BA | $2.32 |
Lake Village | 2x1 | 2BR,1BA | $2.13 |
Parkridge Apartments | 1x1 small | 1BR,1BA | $2.47 |
Banbury Apartments | One Bedroom/A | 1BR,1BA | $2.35 |
Overlook at the Willamette | Studio | Studio ,1BA | $2.33 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleEvergreen, Lake Oswego, OR
Ranked #17
Among neighborhoods in Lake Oswego, OR for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Evergreen, Lake Oswego, OR
Forest Hills Elementary School
Lake Oswego Senior High School
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving.com works hard to bring you Lifestyle Ratings of neighborhoods, cities, and rental properties across Oregon including Evergreen, Lake Oswego, and the greater Portland area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and easy access to the parks, pet-friendly features, apartment communities for the kids, proximity to transit, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Getting Around the Evergreen Neighborhood in Lake Oswego, OR
Walk Score®
92 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
71 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
32 / 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 Evergreen Apartments
What is a cheap apartment in Evergreen?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Evergreen is under $1,676.
What is the price of a cheap apartment in Evergreen?
The cheapest apartment in Evergreen is One Jefferson which is listed at $1,478, while the average apartment in Evergreen costs $4,500.
What types of apartments are the cheapest in Evergreen?
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 9 regular apartments in Evergreen 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 Evergreen?
Cheap apartments in Evergreen have an average cost of $139 which is $4,361 cheaper than the average rent for all rentals in Evergreen.
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.