50 Northshore Rd
Lake OswegoOR97034
Cheap Apartments for Rent in the Lakewood Neighborhood of Lake Oswego, OR from $800 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lakewood area of Lake Oswego.
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from $1,2071 to 5 Bedroom Apartments Available Now
One Jefferson
1 Jefferson PkyLake Oswego, OR 97035
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from $1,3271 to 3 Bedroom Apartments Contact Us For Availability
Mercy Greenbrae
3190 Furman DrLake Oswego, OR 97034
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from $1,230Studio to 3 Bedroom Apartments Available Now
Parkridge Apartments
215 Greenridge DrLake Oswego, OR 97035
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from $1,325Studio to 3 Bedroom Apartments Available Now
Overlook at the Willamette
12601 SE River RdMilwaukie, OR 97222
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from $1,345Studio to 2 Bedroom Apartments Available Now
Miramonte Lodge
12200 SE McLoughlin BlvdMilwaukie, OR 97222
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from $1,353Studio to 2 Bedroom Apartments Available Now
Axletree Apartments
11125 SE 21st StMilwaukie, OR 97222
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from $1,370Studio to 2 Bedroom Apartments Available Now
Henley Place
10306 SE Main StMilwaukie, OR 97222
3321-3327 SE Maple St
MilwaukieOR97267
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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from $1,460Studio to 3 Bedroom Apartments Available Now
Seven Acres
10999 SE 37th AveMilwaukie, OR 97222
14620 SE Woodland Way
MilwaukieOR97267
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from $1,5502 Bedroom Apartments Available Now
River Cliff Apartments
12505 SE River RdMilwaukie, OR 97222
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from $1,6451 to 2 Bedroom Apartments Available Now
Arrive West Linn
4001 Robin PlWest Linn, OR 97068
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Showing Results 1-29, Page 1 of 1
Lakewood, Lake Oswego, OR Local Guide
View of Lakewood Bay, Oswego Lake by Wiki User: Esprqii is licensed under CC BY-SA 3.0
How much does it cost to rent an apartment in Lakewood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakewood Studio Apartments | $1,516 | $1,190 | $2,480 |
| Lakewood 1 Bedroom Apartments | $1,941 | $1,208 | $3,700 |
| Lakewood 2 Bedroom Apartments | $2,802 | $1,395 | $7,605 |
| Lakewood 3 Bedroom Apartments | $3,230 | $1,841 | $5,689 |
Browse Apartments in this Neighborhood
There are currently 29 rentals with your search options within a 2 mile radius of the Lakewood Neighborhood of Lake Oswego, OR.
See all Apartments in Lake OswegoExplore Lake Oswego
Lakewood, Lake Oswego, OR Local Guide
- Nearby Lake Oswego neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Lakewood Apartments for Rent
The cheapest available apartment rental in the Lakewood area of Portland, OR is a Studio unit found at Lake Village priced from $1,100. Overlook at the Willamette has the second lowest priced unit, which is a Studio apartment currently listed from $1,325. Here are the most affordable Lakewood apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lake Village | 0x1 | Studio,1BA | $1,100 |
| Overlook at the Willamette | Studio | Studio,1BA | $1,325 |
| Miramonte Lodge | Morrison | Studio,1BA | $1,345 |
| Axletree Apartments | Kellogg | Studio,1BA | $1,353 |
| Henley Place | The Maple | Studio,1BA | $1,370 |
| One Jefferson | A5 | 1BR,1BA | $1,452 |
| River Cliff Apartments | Layout B | 2BR,1BA | $1,595 |
| Arrive West Linn | Spruce | 1BR,1BA | $1,645 |
| Seven Acres | Goldenrod - Bldg 1 | 1BR,1BA | $1,831 |
| Mercato Grove | 1X1 A | 1BR,1BA | $1,960 |
Best Value Apartments for Rent in Lakewood, OR
As of April 14, 2025 the best value apartment in the Lakewood area is the $1.89 price per square foot 2 Bed 2 Bath Model at Oswego Pointe in the in the Glenmorrie neighborhood starting from $2,438. The second greatest value Lakewood apartment is the Layout B Model at River Cliff Apartments starting at $1,595 with a $1.45 price per square foot in the Foothills neighborhood. Here is today’s list of the best values for Lakewood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Oswego Pointe | 2 Bed 2 Bath | 2BR,2BA | $1.89 |
| River Cliff Apartments | Layout B | 2BR,1BA | $1.45 |
| Oswego Cove | Two Bedroom Two Bath | 2BR,2BA | $2.05 |
| Parkridge Apartments | 2x1 | 2BR,1BA | $2.21 |
| Seven Acres | Goldenrod - Bldg 1 | 1BR,1BA | $2.77 |
| One Jefferson | A1 | 1BR,1BA | $2.57 |
| Arrive West Linn | Spruce | 1BR,1BA | $2.59 |
| Axletree Apartments | Bernard | 1BR,1BA | $2.63 |
| Overlook at the Willamette | Studio | Studio ,1BA | $2.33 |
| Miramonte Lodge | Morrison | Studio ,1BA | $2.78 |
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Pet Friendly LifestyleLakewood, Lake Oswego, OR
Ranked #20
Among neighborhoods in Lake Oswego, OR for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Lakewood, Lake Oswego, OR
School data provided by Great Schools
Lifestyle Ratings
Our team compiles millions of data points to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Portland, Oregon. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, transit availability, pet-friendly communities, family-friendliness, walking, and biking. These search options are in the site filters at the top of this page.
Getting Around the Lakewood Neighborhood in Lake Oswego, OR
Walk Score®
88 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
63 / 100
Bikeable
Some bike infrastructure
Transit Score®
31 / 100
Some Transit
A few nearby public transportation options
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 Lakewood Apartments
What is the Cheapest Studio apartment in Lakewood?
Currently the most affordable Cheap Studio Apartment in Lakewood is at Lake Village listed at $1,100.
How much is rent for a Cheap One Bedroom Lakewood Apartment?
The lowest price for a Cheap One Bedroom Lakewood Apartment is $1,428 at One Jefferson.
What is the lowest price for a Cheap Two Bedroom Lakewood Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lakewood is starting from $1,575 at Lake Village.
What is the most affordable Lakewood Three Bedroom Apartment?
The best deal on a cheap Lakewood Three Bedroom Apartment rental is at Overlook at the Willamette and starts from $2,380.
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.