Cheap Apartments for Rent in the Oak Creek Neighborhood of Lake Oswego, OR from $500 (45 Rentals)

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

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ReNew Laurelwood
2 Bedroom Apartments

ReNew Laurelwood

3855 Lake Grove AveLake Oswego, OR 97035

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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Red Rock Commons
1 Bedroom Apartments

Red Rock Commons

11090 SW 68th PkyTigard, OR 97223
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Westbrook Village
Studio to 3 Bedroom Apartments

Westbrook Village

9863 SW 35th DrPortland, OR 97219
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LuDon Apartments
2 to 3 Bedroom Apartments

LuDon Apartments

4501-4537 SW Luradel StPortland, OR 97219
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Edgewood Manor
1 to 2 Bedroom Apartments

Edgewood Manor

14500 SW Hall BlvdTigard, OR 97224
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JANEWOOD WEST
1 Bedroom Apartments

JANEWOOD WEST

10800 SW Barbur BlvdPortland, OR 97219
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Fanno Creek Village
1 to 2 Bedroom Apartments

Fanno Creek Village

13816 SW Fanno Creek DrTigard, OR 97223
Showing Results 1-45, Page 1 of 1

Oak Creek, Lake Oswego, OR Local Guide

Cheapest Available Oak Creek Apartments for Rent

 

The cheapest available apartment rental in the Oak Creek area of Portland, OR is a 1 Bed unit found at Edgewood Manor priced from $1,250. Shenandoah has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,275. Here are the most affordable Oak Creek apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Edgewood Manor1BR 1 Bath1BR,1BA$1,250
ShenandoahOne Bedroom1BR,1BA$1,275
The Fields Apartments1 Bed, 1 bath1BR,1BA$1,279
fivec012BR/1.0BA2BR,1BA$1,295
Royal Oaks Apartments1x1 685 SF - A1BR,1BA$1,326
The OverlandStudioStudio,1BA$1,343
Hermoso ViewStudio GStudio,1BA$1,350
Ridgeview Terrace1x11BR,1BA$1,350
Quail Ridge Apartments2 Bedroom, 1 Bath Large2BR,1BA$1,450
Hunt ClubPlan A11BR,1BA$1,460

Best Value Apartments for Rent in Oak Creek, OR

As of February 15, 2025 the best value apartment in the Oak Creek area is the $1.81 price per square foot 3 bed/2 bath Model at Parkridge Apartments in the in the Far Southwest Portland neighborhood starting from $2,295. The second greatest value Oak Creek apartment is the 2 bed 2 bath Model at Capital Park starting at $1,850 with a $1.85 price per square foot in the Far Southwest Portland neighborhood. Here is today’s list of the best values for Oak Creek apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Parkridge Apartments3 bed/2 bath3BR,2BA$1.81
Capital Park2 bed 2 bath2BR,2BA$1.85
Gatehouse Apartments2x22BR,2BA$1.72
Capitol Gardens2 Bed. Flat2BR,1.5BA$1.87
Tigard York2x1L2BR,1BA$1.77
Fairfield Park ApartmentsUpstairs2BR,1BA$1.88
fivec012BR/1.0BA2BR,1BA$1.52
The Fields Apartments2 Beds, 1 bath2BR,1BA$1.92
Quail Ridge Apartments2 Bedroom, 1 Bath Large2BR,1BA$1.86
Edgewood Manor1BR 1 Bath1BR,1BA$1.79

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Pet Friendly Lifestyle
Oak Creek, Lake Oswego, OR

Ranked #1

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
Oak Creek, Lake Oswego, OR

School data provided by Great Schools

Best Local Schools in
Oak Creek, Lake Oswego, OR

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals in metropolitan areas across the United States, including Lake Oswego. Lifestyle Ratings show you the best fit for your needs and interests. 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 Oak Creek Neighborhood in Lake Oswego, OR

Walk Score®

25 / 100

Car-Dependent

Most errands require a car

Bike Score®

40 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

27 / 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 Oak Creek Apartments

What is the Cheapest Studio apartment in Oak Creek?

Currently the most affordable Cheap Studio Apartment in Oak Creek is at The Overland listed at $1,343.

How much is rent for a Cheap One Bedroom Oak Creek Apartment?

The lowest price for a Cheap One Bedroom Oak Creek Apartment is $1,250 at Edgewood Manor.

What is the lowest price for a Cheap Two Bedroom Oak Creek Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Oak Creek is starting from $1,295 at fivec01.

What is the most affordable Oak Creek Three Bedroom Apartment?

The best deal on a cheap Oak Creek Three Bedroom Apartment rental is at Parkridge Apartments and starts from $2,295.

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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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.