Cheap Apartments for Rent in the Lakeview Summit Neighborhood of Lake Oswego, OR from $800 (17 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lakeview Summit area of Lake Oswego.

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50 Northshore Rd
Studio to 3 Bedroom Apartments

50 Northshore Rd

50 Northshore RdLake Oswego, OR 97034
  • Utilities Included
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ReNew Laurelwood
2 Bedroom Apartments

ReNew Laurelwood

3855 Lake Grove AveLake Oswego, OR 97035
  • Utilities Included

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

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Jackson Square
2 Bedroom Apartments

Jackson Square

5318 Lakeview BlvdLake Oswego, OR 97035
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Lakeview Summit, Lake Oswego, OR Local Guide

Cheapest Available Lakeview Summit Apartments for Rent

 

The cheapest available apartment rental in the Lakeview Summit 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 Lakeview Summit apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Parkridge ApartmentsEfficiencyStudio,1BA$1,200
Hermoso ViewStudio GStudio,1BA$1,350
Henley PlaceThe MapleStudio,1BA$1,430
Stonesthrow ApartmentsA11BR,1BA$1,447
One JeffersonA51BR,1BA$1,540

Best Value Apartments for Rent in Lakeview Summit, OR

As of March 23, 2025 the best value apartment in the Lakeview Summit 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 Lakeview Summit 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 Lakeview Summit apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
River Lofts2 x 1.5 TH2BR,1.5BA$1.71
Oswego CoveTwo Bedroom Two Bath2BR,2BA$2.05
Haven Lake Oswego2 bed 2 bath2BR,2BA$1.91
The Bluffs at Mountain ParkThe Birchwood1BR,1BA$2.28
Westlake Meadows Apartments1x1 Loft 745 sq. ft. The Pine1BR,1BA$2.72
One JeffersonA11BR,1BA$2.67
Hunt ClubPlan A11BR,1BA$2.41
Carriage House ApartmentsOne Bedroom Renovated1BR,1BA$2.47
100 Kerr Pkwy, Unit 13100 Kerr Pkwy1BR,1BA$2.51
Kruseway CommonsBirch1BR,1BA$2.74

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Lakeview Summit, Lake Oswego, OR

Ranked #7

Among neighborhoods in Lake Oswego, OR for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Lakeview Summit, Lake Oswego, OR

School data provided by Great Schools

Best Local Schools in
Lakeview Summit, Lake Oswego, OR

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities, and rental properties across Oregon, including Lake Oswego. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, family-friendly amenities, raising pets, transit options, and much more. These search options are in the site filters at the top of this page.

Getting Around the Lakeview Summit Neighborhood in Lake Oswego, OR

Walk Score®

9 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

18 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

23 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Lakeview Summit Apartments

What is a cheap apartment in Lakeview Summit?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lakeview Summit is under $1,618.

What is the price of a cheap apartment in Lakeview Summit?

The cheapest apartment in Lakeview Summit is Stonesthrow Apartments which is listed at $1,447, while the average apartment in Lakeview Summit costs $4,500.

What types of apartments are the cheapest in Lakeview Summit?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 48 regular apartments in Lakeview Summit that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Lakeview Summit?

Cheap apartments in Lakeview Summit have an average cost of $242 which is $4,258 cheaper than the average rent for all rentals in Lakeview Summit.

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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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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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.