Cheap Homes for Rent in Lake Forest Neighborhood of Lake Oswego, OR from $1,200 (7 Rentals)

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

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Portland’s Best Affordable Neighborhoods

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Lake Forest, Lake Oswego, OR Local Guide

Cheapest Available Lake Forest Apartments for Rent

 

The cheapest available apartment rental in the Lake Forest area of Portland, OR is a 1 Bed unit found at One Jefferson priced from $1,373. Stonesthrow Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,478. Here are the most affordable Lake Forest apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
One JeffersonA11BR,1BA$1,373
Stonesthrow ApartmentsA11BR,1BA$1,478
Hunt ClubPlan A11BR,1BA$1,492

Best Value Apartments for Rent in Lake Forest, OR

As of April 18, 2025 the best value apartment in the Lake Forest area is the $1.99 price per square foot Two Bedroom Two Bath Model at Oswego Cove in the in the Far Southwest Portland neighborhood starting from $2,025. The second greatest value Lake Forest apartment is the 2 bed 2 bath Model at Haven Lake Oswego starting at $1,804 with a $1.92 price per square foot in the Far Southwest Portland neighborhood. Here is today’s list of the best values for Lake Forest apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Oswego CoveTwo Bedroom Two Bath2BR,2BA$1.99
Haven Lake Oswego2 bed 2 bath2BR,2BA$1.92
Gatehouse Apartments2x22BR,2BA$1.72
Tigard York2x1L2BR,1BA$1.66
Milo at Mountain ParkAsh Loft1BR,1BA$2.26
Manchester Square ApartmentsTwo Bedroom Townhouse2BR,1BA$2.24
The Bluffs at Mountain ParkThe Birchwood1BR,1BA$2.28
Main Street VillageMount Bachelor1BR,1BA$1.99
Attwell Off MainA141BR,1BA$2.30
Hunt ClubPlan A11BR,1BA$2.32

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Frequently Asked Questions about Lake Forest

What type of rentals are currently available in Lake Forest?

There are currently 127 Apartments for Rent in Lake Forest, OR with pricing that ranges from $1,134 to $10,000. There are also 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Forest ranging from $1,200 to $6,850.

What is the current price range for Rental Homes in Lake Forest?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Forest ranges from $1,200 to $6,850 with an average monthly rent of $2,952.

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.

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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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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.

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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.