Cheap Apartments for Rent in the Foothills Neighborhood of Lake Oswego, OR from $800 (29 Rentals)

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

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50 Northshore Rd
Studio to 3 Bedroom Apartments

50 Northshore Rd

50 Northshore RdLake Oswego, OR 97034
  • Utilities Included

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

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Courtney Square
1 to 2 Bedroom Apartments

Courtney Square

2660 SE Courtney RdPortland, OR 97222
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Lake Village
Studio to 2 Bedroom Apartments

Lake Village

11850 SE 26th AvePortland, OR 97222
  • Utilities Included
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North Main Village
1 to 2 Bedroom Apartments

North Main Village

10558-10560 SE Main StMilwaukie, OR 97222
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Stanford
2 Bedroom Apartments

Stanford

2013 SE Courtney RdMilwaukie, OR 97222
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Shorewood Terrace
1 Bedroom Apartments

Shorewood Terrace

11233 SE 27th AveMilwaukie, OR 97222
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Chestnut Place
1 to 2 Bedroom Apartments

Chestnut Place

12106 SE Lake RdMilwaukie, OR 97222
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Quail Ridge Apartments
1 to 2 Bedroom Apartments

Quail Ridge Apartments

2868 SE Lake RdMilwaukie, OR 97222
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Forest Ridge
2 Bedroom Apartments

Forest Ridge

12600 SE River Rd SPortland, OR 97222

Foothills, Lake Oswego, OR Local Guide

Cheapest Available Foothills Apartments for Rent

 

The cheapest available apartment rental in the Foothills 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 Foothills apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Overlook at the WillametteStudioStudio,1BA$1,325
Miramonte LodgeMorrisonStudio,1BA$1,345
Axletree ApartmentsKelloggStudio,1BA$1,353
Henley PlaceThe MapleStudio,1BA$1,430
One JeffersonA51BR,1BA$1,478
Banbury ApartmentsOne Bedroom/A1BR,1BA$1,505
Lake Village2x12BR,1BA$1,575
River Cliff ApartmentsLayout B2BR,1BA$1,595
Images Springcreek Apartments2BR/1.0BA2BR,1BA$1,795
Park Hamlin - 2323 SE Harrison2BR/1.0BA2BR,1BA$1,795

Best Value Apartments for Rent in Foothills, OR

As of April 10, 2025 the best value apartment in the Foothills 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 Foothills 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 Foothills apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Waverley & Stuart HallPlan C2BR,2BA$1.65
River Cliff ApartmentsLayout B2BR,1BA$1.45
Images Springcreek Apartments2BR/1.0BA2BR,1BA$1.77
Oswego Pointe1 Bed 1 Bath1BR,1BA$2.12
Park Hamlin - 2323 SE Harrison2BR/1.0BA2BR,1BA$2.32
Lake Village2x12BR,1BA$2.13
One JeffersonA11BR,1BA$2.57
Banbury ApartmentsOne Bedroom/A1BR,1BA$2.35
Axletree ApartmentsBernard1BR,1BA$2.63
Overlook at the WillametteStudioStudio ,1BA$2.33

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Foothills, Lake Oswego, OR

Ranked #22

Among neighborhoods in Lake Oswego, OR for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com is happy to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Lake Oswego. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, transit availability, pet-friendly communities, family-friendliness, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Foothills Neighborhood in Lake Oswego, OR

Walk Score®

74 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

66 / 100

Bikeable

Some bike infrastructure

Transit Score®

32 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Foothills Apartments

What is a cheap apartment in Foothills?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Foothills is under $1,795.

What is the price of a cheap apartment in Foothills?

The cheapest apartment in Foothills is One Jefferson which is listed at $1,478, while the average apartment in Foothills costs $4,500.

What types of apartments are the cheapest in Foothills?

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 Foothills 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 Foothills?

Cheap apartments in Foothills have an average cost of $143 which is $4,357 cheaper than the average rent for all rentals in Foothills.

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.

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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.

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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.

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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.