Cheap Apartments for Rent in the Forest Highlands Neighborhood of Lake Oswego, OR from $1,000 (24 Rentals)

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

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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Wheelhouse Lofts 2
Studio to 1 Bedroom Apartments

Wheelhouse Lofts 2

8124 SE 6th AvePortland, OR 97202
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Vista Manor
1 Bedroom Apartments

Vista Manor

1430 SW Moss StPortland, OR 97219
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Eastbank Quarters
1 to 2 Bedroom Apartments

Eastbank Quarters

686 SE Spokane StPortland, OR 97202
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Waverly Surf
1 to 2 Bedroom Apartments

Waverly Surf

602-764 SE Linn StPortland, OR 97202
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Sellwood 13
1 Bedroom Apartments

Sellwood 13

8036 SE 13th AvePortland, OR 97202
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Showing Results 1-24, Page 1 of 1

Forest Highlands, Lake Oswego, OR Local Guide

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 Sanctuary Apartments priced from $1,215. Terwilliger has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,300. Here are the most affordable Forest Highlands apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Sanctuary ApartmentsHamilton DStudio,1BA$1,215
Terwilliger1 x 11BR,1BA$1,300
Nehalem 130BR/1.0BAStudio,1BA$1,300
Eastbank Quarters1Bed/1Ba1BR,1BA$1,349
Modera WoodstockS01Studio,1BA$1,350

Best Value Apartments for Rent in Forest Highlands, OR

As of March 15, 2025 the best value apartment in the Forest Highlands area is the $2.57 price per square foot 2x2 Model at Steeple Townhomes in the in the Southeast Portland neighborhood starting from $2,895. The second greatest value Forest Highlands apartment is the One Bedroom One and a Half Bath - 998 Model at The Windward Apartments starting at $2,820 with a $2.83 price per square foot in the Glenmorrie neighborhood. Here is today’s list of the best values for Forest Highlands apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Steeple Townhomes2x22BR,2BA$2.57
The Windward ApartmentsOne Bedroom One and a Half Bath - 9981BR,1.5BA$2.83
1919 SW Spring Garden St, Unit 31919 SW Spring Garden St2BR,1BA$1.72
Terwilliger1 x 11BR,1BA$1.73
The MorganThe Morgan PDX C1BR,1BA$2.48
One JeffersonA11BR,1BA$2.67
Seven AcresAzalea - Bldgs 2-51BR,1BA$2.68
Axletree ApartmentsKelloggStudio ,1BA$2.76
Eastbank Quarters1Bed/1Ba1BR,1BA$2.70
Sanctuary ApartmentsHamilton AStudio ,1BA$2.88

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Pet Friendly Lifestyle
Forest Highlands, Lake Oswego, OR

Ranked #22

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Best Local Schools in
Forest Highlands, Lake Oswego, OR

School data provided by Great Schools

Best Local Schools in
Forest Highlands, Lake Oswego, OR

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 Sanctuary Apartments listed at $1,215.

How much is rent for a Cheap One Bedroom Forest Highlands Apartment?

The lowest price for a Cheap One Bedroom Forest Highlands Apartment is $1,300 at Terwilliger.

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 $1,981 at One Jefferson.

What is the most affordable Forest Highlands Three Bedroom Apartment?

The best deal on a cheap Forest Highlands Three Bedroom Apartment rental is at One Jefferson and starts from $2,572.

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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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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.