Cheap Apartments for Rent in the Forest Highlands Neighborhood of Lake Oswego, OR from $1,100 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in the Forest Highlands area of Lake Oswego.

1313 SE Lambert St

Terwilliger

Overlook at the Willamette

Sanctuary Apartments

Miramonte Lodge

Axletree Apartments

Henley Place

1919 SW Spring Garden St, Unit 3
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920 SE Nehalem St

1111 SE Tenino St

The Morgan

Nehalem 13

Holm at Sellwood

Seven Acres

8311-8315-8315 SE 17th Ave

1111 SE Tenino St

1111 SE Tenino St
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

8313 SE 17th Ave
Forest Highlands, Lake Oswego, OR Local Guide

How much does it cost to rent an apartment in Forest Highlands?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Forest Highlands Studio Apartments | $1,426 | $1,145 | $1,694 |
Forest Highlands 1 Bedroom Apartments | $1,740 | $1,223 | $3,700 |
Forest Highlands 2 Bedroom Apartments | $2,670 | $1,375 | $5,550 |
Forest Highlands 3 Bedroom Apartments | $2,533 | $1,945 | $2,757 |
Browse Apartments in this Neighborhood
There are currently 27 rentals with your search options within a 2 mile radius of the Forest Highlands Neighborhood of Lake Oswego, OR.
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Forest Highlands, Lake Oswego, OR Local Guide
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Cheapest Available Forest Highlands Apartments for Rent
 The cheapest available apartment rental in the Forest Highlands area of Portland, OR is a Studio unit found at tenin01 priced from $1,145. Terwilliger has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,299. Here are the most affordable Forest Highlands apartments for rent in Portland, OR:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
tenin01 | 0BR/1.0BA | Studio,1BA | $1,145 |
Terwilliger | 1 x 1 | 1BR,1BA | $1,299 |
Overlook at the Willamette | Studio | Studio,1BA | $1,325 |
Sanctuary Apartments | Hamilton A | Studio,1BA | $1,330 |
Miramonte Lodge | Morrison | Studio,1BA | $1,345 |
Axletree Apartments | Kellogg | Studio,1BA | $1,353 |
Henley Place | The Maple | Studio,1BA | $1,370 |
One Jefferson | A1 | 1BR,1BA | $1,373 |
The Morgan | The Morgan PDX B | 1BR,1BA | $1,434 |
Best Value Apartments for Rent in Forest Highlands, OR
As of April 19, 2025 the best value apartment in the Forest Highlands area is the $3.00 price per square foot Plan E Model at Birnam Oaks at Waverley Greens in the in the Eastmoreland neighborhood starting from $2,950. The second greatest value Forest Highlands apartment is the 1919 SW Spring Garden St Model at 1919 SW Spring Garden St, Unit 3 starting at $1,375 with a $1.72 price per square foot in the Far Southwest Portland neighborhood. Here is today’s list of the best values for Forest Highlands apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Birnam Oaks at Waverley Greens | Plan E | 1BR,1BA | $3.00 |
1919 SW Spring Garden St, Unit 3 | 1919 SW Spring Garden St | 2BR,1BA | $1.72 |
Terwilliger | 1 x 1 | 1BR,1BA | $1.73 |
The Morgan | The Morgan PDX C | 1BR,1BA | $2.26 |
One Jefferson | A5--Renovated | 1BR,1BA | $3.01 |
Axletree Apartments | Bernard | 1BR,1BA | $2.63 |
Overlook at the Willamette | Studio | Studio ,1BA | $2.33 |
Seven Acres | Currant - Bldg 1 | Studio ,1BA | $2.95 |
Miramonte Lodge | Morrison | Studio ,1BA | $2.78 |
Sanctuary Apartments | Hamilton A | Studio ,1BA | $3.04 |
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Pet Friendly LifestyleForest Highlands, Lake Oswego, OR
Ranked #24
Among neighborhoods in Lake Oswego, OR for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Forest Highlands, Lake Oswego, OR
Capitol Hill Elementary School
School data provided by Great Schools
Frequently Asked Questions about Cheap Forest Highlands Apartments
What is the Cheapest Studio apartment in Forest Highlands?
Currently the most affordable Cheap Studio Apartment in Forest Highlands is at tenin01 listed at $1,145.
How much is rent for a Cheap One Bedroom Forest Highlands Apartment?
The lowest price for a Cheap One Bedroom Forest Highlands Apartment is $1,225 at tenin01.
What is the lowest price for a Cheap Two Bedroom Forest Highlands Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Forest Highlands is starting from $1,795 at Overlook at the Willamette.
What is the most affordable Forest Highlands Three Bedroom Apartment?
The best deal on a cheap Forest Highlands Three Bedroom Apartment rental is at Overlook at the Willamette and starts from $2,380.
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
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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.

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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.

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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.