
Cheap Apartments for Rent in the Westlake Neighborhood of Lake Oswego, OR from $500 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in the Westlake area of Lake Oswego.


One Jefferson

The Ridge at Mountain Park Apartments

100 Kerr Pkwy, Unit 13

Bonita Villa

Village at Washington Square
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

Capital Park

The Overland

11102-11130 SW 62nd Ave

St James on Hall Apartments

Ridgeview Terrace

Hermoso View

Attwell Off Main

Hampton Park Apartments

Silver Creek Apartments-KL-11580-Y

Hampton Ridge Apartments

Urban Living at Fanno Creek

9500 SW Greenburg Rd

Oak Street Lofts

Main Street Village

Carriage House Apartments

Fairfield Park Apartments

The 72nd Apartments

3350 SW Arnold St
Westlake, Lake Oswego, OR Local Guide

How much does it cost to rent an apartment in Westlake?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Westlake Studio Apartments | $1,727 | $1,200 | $3,996 |
Westlake 1 Bedroom Apartments | $2,010 | $1,095 | $6,399 |
Westlake 2 Bedroom Apartments | $2,434 | $1,274 | $8,101 |
Westlake 3 Bedroom Apartments | $3,246 | $1,566 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 46 rentals with your search options within a 2 mile radius of the Westlake Neighborhood of Lake Oswego, OR.
See all Apartments in Lake OswegoExplore Lake Oswego
Westlake, Lake Oswego, OR Local Guide
- Nearby Lake Oswego neighborhoods
- Nearby Cities
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Cheapest Available Westlake Apartments for Rent
 The cheapest available apartment rental in the Westlake area of Portland, OR is a Studio unit found at Quail Ridge Apartments priced from $1,050. Parkridge Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,200. Here are the most affordable Westlake apartments for rent in Portland, OR:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Quail Ridge Apartments | Studio Large | Studio,1BA | $1,050 |
Parkridge Apartments | Efficiency | Studio,1BA | $1,200 |
Village at Washington Square | 1BDRM/1BATH | 1BR,1BA | $1,248 |
Shenandoah | One Bedroom | 1BR,1BA | $1,275 |
fivec01 | 2BR/1.0BA | 2BR,1BA | $1,295 |
The Overland | Studio | Studio,1BA | $1,295 |
St James on Hall Apartments | 1BD 1BA | 1BR,1BA | $1,300 |
Hermoso View | Studio G | Studio,1BA | $1,350 |
Ridgeview Terrace | 1x1 | 1BR,1BA | $1,350 |
Carleton Terrace Apartments | 2 Bed 1 Bath | 2BR,1BA | $1,400 |
Best Value Apartments for Rent in Westlake, OR
As of March 16, 2025 the best value apartment in the Westlake area is the $1.85 price per square foot 2 bed 2 bath Model at Capital Park in the in the Far Southwest Portland neighborhood starting from $1,850. The second greatest value Westlake apartment is the 2x1 Model at Silver Creek Apartments-KL-11580-Y starting at $1,495 with a $1.57 price per square foot in the Far Southwest Portland neighborhood. Here is today’s list of the best values for Westlake apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Capital Park | 2 bed 2 bath | 2BR,2BA | $1.85 |
Silver Creek Apartments-KL-11580-Y | 2x1 | 2BR,1BA | $1.57 |
Hampton Ridge Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $1.88 |
Gatehouse Apartments | 2x2 | 2BR,2BA | $1.72 |
Capitol Gardens | 2 Bed. Flat | 2BR,1.5BA | $1.87 |
Tigard York | 2x1L | 2BR,1BA | $1.77 |
9500 SW Greenburg Rd | 2x1 | 2BR,1BA | $1.77 |
Fairfield Park Apartments | Upstairs | 2BR,1BA | $1.88 |
fivec01 | 2BR/1.0BA | 2BR,1BA | $1.52 |
Carleton Terrace Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.84 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleWestlake, Lake Oswego, OR
Ranked #1
Among neighborhoods in Lake Oswego, OR for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Westlake, Lake Oswego, OR
Oak Creek Elementary School
Lake Oswego Senior High School
School data provided by Great Schools
Best Local Schools in Westlake, Lake Oswego, OR
Oak Creek Elementary School
Lake Oswego Senior High School
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals in cities across the United States and customized analysis for Southwestern Portland. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, transit availability, pet-friendly communities, places to raise kids, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!
Getting Around the Westlake Neighborhood in Lake Oswego, OR
Walk Score®
57 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
73 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
22 / 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 Westlake Apartments
What is the Cheapest Studio apartment in Westlake?
Currently the most affordable Cheap Studio Apartment in Westlake is at Quail Ridge Apartments listed at $1,050.
How much is rent for a Cheap One Bedroom Westlake Apartment?
The lowest price for a Cheap One Bedroom Westlake Apartment is $1,248 at Village at Washington Square.
What is the lowest price for a Cheap Two Bedroom Westlake Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Westlake is starting from $1,295 at fivec01.
What is the most affordable Westlake Three Bedroom Apartment?
The best deal on a cheap Westlake Three Bedroom Apartment rental is at Village at Washington Square and starts from $1,731.
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.