
Cheap Homes for Rent in Lake Grove Neighborhood of Lake Oswego, OR from $2,000 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Grove area of Lake Oswego.


252 Cervantes Cir
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

How much does it cost to rent a home in Lake Grove?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lake Grove 2 Bedroom Homes for Rent | $2,550 | $2,150 | $2,950 |
Lake Grove 3 Bedroom Homes for Rent | $3,554 | $2,730 | $5,600 |
Lake Grove 4 Bedroom Homes for Rent | $5,921 | $4,790 | $7,200 |
Lake Grove 5 Bedroom Homes for Rent | $4,850 | $4,850 | $4,850 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the Lake Grove Neighborhood of Lake Oswego, OR.
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Lake Grove, Lake Oswego, OR Local Guide
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Best Value Apartments for Rent in Lake Grove, OR
As of April 04, 2025 the best value apartment in the Lake Grove area is the $1.76 price per square foot 2x2 TH Large Model at Parkridge Apartments in the in the Far Southwest Portland neighborhood starting from $2,390. The second greatest value Lake Grove apartment is the Two Bedroom Two Bath Model at Oswego Cove starting at $2,095 with a $2.05 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Parkridge Apartments | 2x2 TH Large | 2BR,2BA | $1.76 |
Oswego Cove | Two Bedroom Two Bath | 2BR,2BA | $2.05 |
Haven Lake Oswego | 2 bed 2 bath | 2BR,2BA | $1.93 |
Hampton Ridge Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $1.88 |
Milo at Mountain Park | Ash Loft | 1BR,1BA | $2.17 |
The Bluffs at Mountain Park | The Birchwood | 1BR,1BA | $2.28 |
Hunt Club | Plan A1 | 1BR,1BA | $2.15 |
One Jefferson | A1 | 1BR,1BA | $2.62 |
Eddyline at Bridgeport | Residence 2 | 1BR,1BA | $2.61 |
100 Kerr Pkwy, Unit 13 | 100 Kerr Pkwy | 1BR,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 $1,237 to $10,000. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Grove ranging from $2,000 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 $2,000 to $7,200 with an average monthly rent of $3,775.
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.