
Cheap Homes for Rent in Forest Highlands Neighborhood of Lake Oswego, OR from $1,500 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Forest Highlands area of Lake Oswego.


1111 SE Tenino St

1111 SE Tenino St

1111 SE Tenino St
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

1111 SE Tenino St

8313 SE 17th Ave

1680 SE Rex St

714 SE Tacoma 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
Forest Highlands, Lake Oswego, OR Local Guide

How much does it cost to rent a home in Forest Highlands?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Forest Highlands 2 Bedroom Homes for Rent | $1,656 | $1,525 | $1,795 |
Forest Highlands 3 Bedroom Homes for Rent | $2,895 | $2,895 | $2,895 |
Browse Homes for Rent in this Neighborhood
There are currently 8 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 $1,199. 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 | $1,199 |
Miramonte Lodge | Morrison | Studio,1BA | $1,220 |
Best Value Apartments for Rent in Forest Highlands, OR
As of April 27, 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 F | 1BR,1BA | $1.67 |
The Morgan | The Morgan PDX C | 1BR,1BA | $2.15 |
Holm at Sellwood | 1x1A | 1BR,1BA | $2.95 |
Overlook at the Willamette | Studio | Studio ,1BA | $2.33 |
Axletree Apartments | Kellogg | Studio ,1BA | $2.53 |
Seven Acres | Currant - Bldg 1 | Studio ,1BA | $2.95 |
Miramonte Lodge | Morrison | Studio ,1BA | $2.52 |
Sanctuary Apartments | Hamilton A | Studio ,1BA | $2.91 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Forest Highlands
What type of rentals are currently available in Forest Highlands?
There are currently 78 Apartments for Rent in Forest Highlands, OR with pricing that ranges from $1,145 to $5,550. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in Forest Highlands ranging from $1,525 to $2,895.
What is the current price range for Rental Homes in Forest Highlands?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Forest Highlands ranges from $1,525 to $2,895 with an average monthly rent of $2,142.
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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
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.