15077 SE East Ave
MilwaukieOR97267
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.
3025 SE Maple St
PortlandOR97267
14997 SE East Ave
Oak GroveOR97267
14267 Uplands Dr
Lake OswegoOR97034
15482 SE East Ave
Oak GroveOR97267
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 | $2,380 | $1,495 | $4,650 |
| Lakewood 3 Bedroom Homes for Rent | $2,864 | $2,345 | $3,450 |
| 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 Parkridge Apartments priced from $1,200. Miramonte Lodge has the second lowest priced unit, which is a Studio apartment currently listed from $1,285. Here are the most affordable Lakewood apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parkridge Apartments | Efficiency | Studio,1BA | $1,200 |
| Miramonte Lodge | Morrison | Studio,1BA | $1,285 |
| Driftwood Terrace Apartments | Studio | Studio,1BA | $1,295 |
Best Value Apartments for Rent in Lakewood, OR
As of March 24, 2025 the best value apartment in the Lakewood 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 Lakewood apartment is the 1 Bed 1 Bath Model at Oswego Pointe starting at $1,837 with a $1.99 price per square foot in the Glenmorrie 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 Cove | Two Bedroom Two Bath | 2BR,2BA | $2.05 |
| Oswego Pointe | 1 Bed 1 Bath | 1BR,1BA | $1.99 |
| 3117 SE Chestnut St, Unit 3117 SE Chestnut St | 3117 SE Chestnut St | 2BR,1BA | $2.38 |
| Lake Village | 2x1 | 2BR,1BA | $2.03 |
| One Jefferson | A1 | 1BR,1BA | $2.67 |
| Arrive West Linn | Spruce | 1BR,1BA | $2.59 |
| Seven Acres | Azalea - Bldgs 2-5 | 1BR,1BA | $2.72 |
| Overlook at the Willamette | Studio | Studio ,1BA | $2.33 |
| Axletree Apartments | Kellogg | Studio ,1BA | $2.76 |
| Miramonte Lodge | Morrison | Studio ,1BA | $2.65 |
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 99 Apartments for Rent in Lakewood, OR with pricing that ranges from $1,190 to $7,660. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakewood ranging from $1,495 to $4,850.
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 $1,495 to $4,850 with an average monthly rent of $3,023.
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.
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.
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.