Cheap Homes for Rent in Lake Grove Neighborhood of Lake Oswego, OR from $1,200 (6 Rentals)

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Search the lowest-cost Homes available for rent right now in the Lake Grove 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

Lake Grove, Lake Oswego, OR Local Guide

Cheapest Available Lake Grove Apartments for Rent

 

The cheapest available apartment rental in the Lake Grove area of Portland, OR is a Studio unit found at Parkridge Apartments priced from $1,200. Hermoso View has the second lowest priced unit, which is a Studio apartment currently listed from $1,350. Here are the most affordable Lake Grove apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Parkridge ApartmentsEfficiencyStudio,1BA$1,200
Hermoso ViewStudio GStudio,1BA$1,350
Stonesthrow ApartmentsA11BR,1BA$1,437

Best Value Apartments for Rent in Lake Grove, OR

As of March 25, 2025 the best value apartment in the Lake Grove area is the $2.05 price per square foot Two Bedroom Two Bath Model at Oswego Cove in the in the Far Southwest Portland neighborhood starting from $2,095. The second greatest value Lake Grove apartment is the 2 bed 2 bath Model at Haven Lake Oswego starting at $1,799 with a $1.91 price per square foot in the Far Southwest Portland neighborhood. Here is today’s list of the best values for Lake Grove apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Oswego CoveTwo Bedroom Two Bath2BR,2BA$2.05
Haven Lake Oswego2 bed 2 bath2BR,2BA$1.91
Hampton Ridge Apartments2 Bedroom 2 Bath2BR,2BA$1.88
Eddyline at BridgeportResidence 31BR,1BA$2.57
The Bluffs at Mountain ParkThe Birchwood1BR,1BA$2.28
Milo at Mountain ParkAsh1BR,1BA$1.99
Westlake Meadows Apartments1x1 Loft 745 sq. ft. The Pine1BR,1BA$2.72
One JeffersonA11BR,1BA$2.67
Hunt ClubPlan A11BR,1BA$2.41
100 Kerr Pkwy, Unit 13100 Kerr Pkwy1BR,1BA$2.51

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Frequently Asked Questions about Lake Grove

What type of rentals are currently available in Lake Grove?

There are currently 70 Apartments for Rent in Lake Grove, OR with pricing that ranges from $1,200 to $10,000. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Grove ranging from $1,200 to $7,200.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Grove ranges from $1,200 to $7,200 with an average monthly rent of $3,614.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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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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.

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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.