2739 SE Chestnut St
PortlandOR97267
Cheap Homes for Rent in Lakewood Neighborhood of Lake Oswego, OR from $1,400 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Lakewood area of Lake Oswego.
2721 SE Chestnut St
Oak GroveOR97267
15077 SE East Ave
MilwaukieOR97267
13455 SE Oatfield Rd
Oak GroveOR97222
14267 Uplands Dr
Lake OswegoOR97034
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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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 a home in Lakewood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakewood 2 Bedroom Homes for Rent | $1,472 | $1,450 | $1,495 |
| Lakewood 3 Bedroom Homes for Rent | $2,470 | $2,345 | $2,595 |
| Lakewood 4 Bedroom Homes for Rent | $5,740 | $4,580 | $6,900 |
| Lakewood 5 Bedroom Homes for Rent | $4,850 | $4,850 | $4,850 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Lakewood Neighborhood of Lake Oswego, OR.
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Lakewood, Lake Oswego, OR Local Guide
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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 |
Best Value Apartments for Rent in Lakewood, OR
As of April 13, 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 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Lakewood
What type of rentals are currently available in Lakewood?
There are currently 98 Apartments for Rent in Lakewood, OR with pricing that ranges from $1,190 to $7,605. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakewood ranging from $1,450 to $6,900.
What is the current price range for Rental Homes in Lakewood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lakewood ranges from $1,450 to $6,900 with an average monthly rent of $3,306.
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.