
Cheap Homes for Rent in Lake Oswego, OR from $1,200 (18 Rentals)
Search the lowest-cost Homes available for rent right now in Lake Oswego.


8332 SW 21st Ave

7582 SW Hunziker Rd

15077 SE East Ave

11540 SW Hall Blvd

11580 SW Hall Blvd

7582 SW Hunziker Rd

3334 SW Luradel St

3925 SW Multnomah Blvd

2739 SE Chestnut 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

2721 SE Chestnut St

20080 Larkspur Ln, Unit 47

20080 Larkspur Ln

3025 SE Maple St

19877 SW Santee Ct

3118 SW Dolph Ct, Unit Dolph Court Townhome 1

7885 SW Fanno Creek Dr

8851 SE 10th Ave
Lake Oswego, OR Local Guide

How much does it cost to rent a home in Lake Oswego?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lake Oswego 2 Bedroom Homes for Rent | $2,142 | $1,495 | $4,000 |
Lake Oswego 3 Bedroom Homes for Rent | $2,993 | $2,150 | $5,600 |
Lake Oswego 4 Bedroom Homes for Rent | $4,701 | $2,995 | $7,200 |
Lake Oswego 5 Bedroom Homes for Rent | $4,850 | $4,850 | $4,850 |
Browse Top Homes for Rent in Lake Oswego
Explore Lake Oswego
Lake Oswego, OR Local Guide
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Cheapest Neighborhoods for Apartments in Lake Oswego, OR
Pricing Updated: 03/25/2025Current apartment rentals in the Lake Oswego, OR area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Lake Oswego Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Oldtown | $1,190 | $1,190 | 25 |
Cheapest Available Lake Oswego Apartments for Rent
 The cheapest available apartment rental in Lake Oswego, OR is a Studio unit found at Parkridge Apartments in the Far Southwest Portland neighborhood priced from $1,200. Churchill Gardens Apartments in the Far Southwest Portland neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,220. Here is today’s list of the most affordable Lake Oswego apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Parkridge Apartments | Efficiency | Studio,1BA | $1,200 |
Churchill Gardens Apartments | 2731x1 | 1BR,1BA | $1,220 |
8417 SW 24th Ave | 1BR/1.0BA | 1BR,1BA | $1,245 |
Capital Park | 1 bed-1 bath | 1BR,1BA | $1,250 |
Todd Village Apartments | Mt. Baker | Studio,1BA | $1,260 |
Best Value Apartments for Rent in Lake Oswego, OR
As of March 25, 2025 the best value apartment in the Lake Oswego area is the $1.71 price per square foot 2 x 1.5 TH Model at River Lofts in the in the Childs neighborhood starting from $1,999. The second greatest value Lake Oswego apartment is the Plan C2A Model at Tualatin Heights starting at $2,036 with a $1.80 price per square foot in the Childs neighborhood. Here is today’s list of the best values for Lake Oswego apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
River Lofts | 2 x 1.5 TH | 2BR,1.5BA | $1.71 |
Tualatin Heights | Plan C2A | 3BR,2BA | $1.80 |
Grace Manor Apartments | 3bd1bth | 3BR,1BA | $1.80 |
Silver Creek Apartments-KL-11580-Y | 2x1 | 2BR,1BA | $1.57 |
Gatehouse Apartments | 2x2 | 2BR,2BA | $1.72 |
Tigard York | 2x1L | 2BR,1BA | $1.66 |
Willamalane | 2 Bed / 1 Bath | 2BR,1BA | $1.57 |
Oak Grove | TWO BED | 2BR,1BA | $1.76 |
fivec01 | 2BR/1.0BA | 2BR,1BA | $1.52 |
Carleton Terrace Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.84 |
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Frequently Asked Questions about Lake Oswego
What type of rentals are currently available in Lake Oswego?
There are currently 382 Apartments for Rent in Lake Oswego, OR with pricing that ranges from $1,134 to $10,000. There are also 65 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Oswego ranging from $1,200 to $7,200.
What is the current price range for Rental Homes in Lake Oswego?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Oswego ranges from $1,200 to $7,200 with an average monthly rent of $3,290.
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.

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.

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.