
Cheap Homes for Rent in Westlake Neighborhood of Lake Oswego, OR from $1,200 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Westlake area of Lake Oswego.


11102-11130 SW 62nd Ave

11540 SW Hall Blvd

11580 SW Hall Blvd

7582 SW Hunziker Rd

7582 SW Hunziker Rd

3334 SW Luradel St
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
Westlake, Lake Oswego, OR Local Guide

How much does it cost to rent a home in Westlake?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Westlake 2 Bedroom Homes for Rent | $1,996 | $1,395 | $3,950 |
Westlake 3 Bedroom Homes for Rent | $3,636 | $2,450 | $5,600 |
Westlake 4 Bedroom Homes for Rent | $4,929 | $2,995 | $6,850 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Westlake Neighborhood of Lake Oswego, OR.
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Westlake, Lake Oswego, OR Local Guide
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Cheapest Available Westlake Apartments for Rent
 The cheapest available apartment rental in the Westlake area of Portland, OR is a 1 Bed unit found at Ridgeview Terrace priced from $1,200. Village at Washington Square has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,248. Here are the most affordable Westlake apartments for rent in Portland, OR:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Ridgeview Terrace | 1x1 | 1BR,1BA | $1,200 |
Village at Washington Square | 1BDRM/1BATH | 1BR,1BA | $1,248 |
Capital Park | 1 bed-1 bath | 1BR,1BA | $1,250 |
Best Value Apartments for Rent in Westlake, OR
As of April 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 2 bed 2 bath Model at Haven Lake Oswego starting at $1,811 with a $1.93 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 |
Haven Lake Oswego | 2 bed 2 bath | 2BR,2BA | $1.93 |
Gatehouse Apartments | 2x2 | 2BR,2BA | $1.72 |
Capitol Gardens | 2 Bed. Flat | 2BR,1.5BA | $1.98 |
Tigard York | 2x1L | 2BR,1BA | $1.66 |
9500 SW Greenburg Rd | 2x1 | 2BR,1BA | $1.77 |
Fairfield Park Apartments | Upstairs | 2BR,1BA | $1.88 |
Quail Ridge Apartments | 2 Bedroom, 1 Bath Large | 2BR,1BA | $1.86 |
Carleton Terrace Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.84 |
Village at Washington Square | 1BDRM/1BATH | 1BR,1BA | $1.92 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Westlake
What type of rentals are currently available in Westlake?
There are currently 138 Apartments for Rent in Westlake, OR with pricing that ranges from $542 to $10,000. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Westlake ranging from $1,200 to $6,850.
What is the current price range for Rental Homes in Westlake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Westlake ranges from $1,200 to $6,850 with an average monthly rent of $3,036.
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.

Know Your Rights - How Discrimination Laws Impact Landlords & Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.