
Cheap Apartments for Rent in the Evergreen Neighborhood of Lake Oswego, OR from $800 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the Evergreen area of Lake Oswego.


One Jefferson

Mercy Greenbrae

Driftwood Terrace Apartments

Overlook at the Willamette

Axletree Apartments

Holm at Sellwood

Henley Place

Seven Acres

14620 SE Woodland Way
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

Banbury Apartments

River Cliff 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 | $1,480 | $1,200 | $2,175 |
Evergreen 1 Bedroom Apartments | $1,865 | $1,267 | $4,110 |
Evergreen 2 Bedroom Apartments | $2,550 | $1,475 | $7,660 |
Evergreen 3 Bedroom Apartments | $2,523 | $1,841 | $3,035 |
Browse Apartments in this Neighborhood
There are currently 29 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 Driftwood Terrace Apartments priced from $1,295. Dutch Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,295. Here are the most affordable Evergreen apartments for rent in Portland, OR:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Driftwood Terrace Apartments | Studio | Studio,1BA | $1,295 |
Dutch Village Apartments | 1x1 | 1BR,1BA | $1,295 |
Overlook at the Willamette | Studio | Studio,1BA | $1,325 |
Holm at Sellwood | Studio A5 | Studio,1BA | $1,399 |
Axletree Apartments | Shindler | 1BR,1BA | $1,420 |
Henley Place | The Maple | Studio,1BA | $1,430 |
Lake Village | 2x1 | 2BR,1BA | $1,500 |
Banbury Apartments | One Bedroom/A | 1BR,1BA | $1,505 |
Oak Grove Terraces | 2 bed 1 bath upper | 2BR,1BA | $1,579 |
Parkridge Apartments | 1 Bed/1 Bath | 1BR,1BA | $1,591 |
Best Value Apartments for Rent in Evergreen, OR
As of March 10, 2025 the best value apartment in the Evergreen area is the $2.03 price per square foot Plan C Model at Waverley & Stuart Hall in the in the Eastmoreland neighborhood starting from $2,620. The second greatest value Evergreen apartment is the 9938 SW Terwilliger Blvd Model at 9938 SW Terwilliger Blvd, Unit Garden Level ADU starting at $1,995 with a $1.74 price per square foot in the Southwest Portland 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 | $2.03 |
9938 SW Terwilliger Blvd, Unit Garden Level ADU | 9938 SW Terwilliger Blvd | 2BR,1BA | $1.74 |
Oswego Cove | Two Bedroom Two Bath | 2BR,2BA | $2.08 |
Images Springcreek Apartments | 2BR/1.0BA | 2BR,1BA | $1.77 |
Tara West Apartments | 2 Bedroom / 1.0 Bath townhome | 2BR,1.5BA | $1.59 |
Oswego Pointe | 1 Bed 1 Bath | 1BR,1BA | $1.90 |
Parkridge Apartments | 1 Bed/1 Bath | 1BR,1BA | $1.99 |
Oak Grove Terraces | 2 bed 1 bath upper | 2BR,1BA | $2.02 |
Lake Village | 2x1 | 2BR,1BA | $2.03 |
Dutch Village Apartments | 1x1 | 1BR,1BA | $2.23 |
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.
Pet Friendly LifestyleEvergreen, Lake Oswego, OR
Ranked #19
Among neighborhoods in Lake Oswego, OR for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Evergreen, Lake Oswego, OR
Forest Hills Elementary School
Lake Oswego Senior High School
School data provided by Great Schools
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 the Cheapest Studio apartment in Evergreen?
Currently the most affordable Cheap Studio Apartment in Evergreen is at Driftwood Terrace Apartments listed at $1,295.
How much is rent for a Cheap One Bedroom Evergreen Apartment?
The lowest price for a Cheap One Bedroom Evergreen Apartment is $1,295 at Dutch Village Apartments.
What is the lowest price for a Cheap Two Bedroom Evergreen Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Evergreen is starting from $1,495 at Driftwood Terrace Apartments.
What is the most affordable Evergreen Three Bedroom Apartment?
The best deal on a cheap Evergreen Three Bedroom Apartment rental is at Lake Village and starts from $1,825.
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.

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.

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.