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apartments under 1500
Last updated December 5 2019 at 8:02 PM

313 Apartments under $1,500 for rent in Lake Oswego, OR

Verified
Last updated December 5 at 07:19pm
Westlake
8 Units Available
Westlake Meadows
5300 Parkview Dr, Lake Oswego, OR
1 Bedroom
$1,340
685 sqft
2 Bedrooms
$1,500
969 sqft
Yards from Kruse Way and Meadows Road. Attractive community includes a swimming pool, clubhouse and tranquil courtyard. Homes feature a range, refrigerator, fireplace, hardwood floors, and carpeting.
Verified
Last updated December 5 at 07:19pm
Westlake
15 Units Available
Kruseway Commons
4933 Parkview Drive, Lake Oswego, OR
1 Bedroom
$1,297
741 sqft
2 Bedrooms
$1,444
958 sqft
3 Bedrooms
Ask
Live in Metropolitan Portland’s most prestigious suburban landscape.
Verified
Last updated December 5 at 07:19pm
Mt. Park
9 Units Available
Parkridge
200 Greenridge Dr, Lake Oswego, OR
Studio
$975
388 sqft
1 Bedroom
$1,257
764 sqft
2 Bedrooms
$1,600
1089 sqft
Situated in prestigious Mountain Park. One-, two- and three-bedroom residences with expansive patios and generous storage spaces. Select homes feature island kitchens, walk-in pantries and wood-burning fireplaces. Tenants enjoy complimentary Mountain Park Recreation Center membership.
Verified
Last updated December 5 at 07:01pm
Mt. Park
10 Units Available
Milo at Mountain Park
2 Jefferson Pkwy, Lake Oswego, OR
1 Bedroom
$1,487
820 sqft
2 Bedrooms
$1,807
1147 sqft
Well-appointed apartments with thoughtful layouts. Dogs and cats allowed. Enjoy access to a TV lounge, a swimming pool, a sundeck and covered parking. A short drive from Portland Community College Sylvania.
Verified
Last updated December 5 at 07:01pm
Mt. Park
31 Units Available
One Jefferson Parkway
1 Jefferson Pkwy, Lake Oswego, OR
1 Bedroom
$1,250
724 sqft
2 Bedrooms
$1,560
1160 sqft
3 Bedrooms
Ask
Welcome to One Jefferson, located on top of the Mountain Park neighborhood of Lake Oswego. We proudly offer studios, 1 bedrooms, 2 bedrooms and 3 bedrooms, in a variety of floor plans.
Verified
Last updated December 4 at 06:22pm
First Addition
2 Units Available
The Oswegan
199 E Ave, Lake Oswego, OR
1 Bedroom
$1,345
680 sqft
2 Bedrooms
$1,495
920 sqft
Luxury living complex features seasonal pool, clubhouse, fitness center and resident lounge. Located adjacent to Tryon Creek State National Area and within minutes of Millennium Park, Lake View Village and Country Club.
Last updated December 5 at 11:05am
Lakewood
1 Unit Available
218 Ridgeway Rd. - SCOMPH2
218 Ridgeway Road, Lake Oswego, OR
2 Bedrooms
$1,425
914 sqft
Beautiful Lake Oswego Condo - Easy living, convenient, classic ground level unit boasting lrg windows w/glass door to sunny deck w/view of lake & swim park. Peninsula kitchen w/eating bar,Hardwoods in living areas & bdrms .
Last updated December 5 at 11:04am
Lakewood
1 Unit Available
668 MCVEY AVE #47
668 Mcvey Avenue, Lake Oswego, OR
1 Bedroom
$1,295
636 sqft
2 Bedrooms
Ask
Desirable Lake Oswego Condo on Lake Oswego, near local shopping/restaurants! - Beautifully updated condo located near downtown Lake Oswego, local shopping and restaurants and theater. Great walking score.
Last updated December 5 at 11:04am
Walluga
1 Unit Available
15938 Quarry Rd. Apt A4
15938 Quarry Road, Lake Oswego, OR
2 Bedrooms
$1,350
991 sqft
Move-In-Ready Lake Oswego Condo - Great 2 bedroom, 1 bath, ground floor corner unit, with a small yard in front and is move-in ready. The bathroom has recently been remodeled with Travertine tile.
Last updated December 5 at 09:40am
Palisades
1 Unit Available
13407 Hillside Drive
13407 Hillside Drive, Lake Oswego, OR
1 Bedroom
$1,350
550 sqft
Ideally located in a valley rich in the arts and culture, numerous outdoor recreational activities, a growing boutique winery industry and home to the nationally acclaimed Oregon Shakespeare Festival, The Ashland Independent Film Festival and the
Last updated December 5 at 07:28pm
Mt. Park
1 Unit Available
47 Eagle Crest
47 Eagle Crest Drive, Lake Oswego, OR
1 Bedroom
$1,149
665 sqft
2 Bedrooms
Ask
Updated one bedroom, one bathroom condo in Lake Oswego! Fresh paint, new carpet and remodeled bathroom. Kitchen features refrigerator, dishwasher and electric range.
Last updated December 5 at 07:46pm
Evergreen
1 Unit Available
258 Evergreen Road, Unit 57
258 Evergreen Road, Lake Oswego, OR
1 Bedroom
Ask
2 Bedrooms
$1,395
870 sqft
** GROUND FLOOR UNIT ** ** OSWEGO LAKE FRONT, EVERGREEN DISTRICT OF DOWNTOWN LAKE OSWEGO** ** WALK SCORE 95% NEXT TO THE FARMERS MARKET ** * Open Design Floor Plan * Brand New LVT Flooring (Luxury Vinyl Tiles), Water Proof & Scratch Resistant *
Last updated December 5 at 07:46pm
Evergreen
1 Unit Available
250 Evergreen Road, Unit 35
250 Evergreen Road, Lake Oswego, OR
1 Bedroom
$1,495
800 sqft
** Only Half a block away from the Windward Luxury Apartments located at the Corner of A Avenue and 1st Street of Downtown Lake Oswego.
Last updated December 5 at 07:45pm
Lakewood
1 Unit Available
50 Northshore #1
50 Northshore Rd, Lake Oswego, OR
1 Bedroom
$1,120
660 sqft
3 Bedrooms
Ask
hardwood floors, lots of light with windows on east and west side of building You will love our neighborhood! Walk to stores, restaurants, parks, a movie theater, and a terrific farmer's market! We are right on a busline to downtown Portland, or an
Results within 1 mile of Lake Oswego
Verified
Last updated December 5 at 07:35pm
Sherwood - Tualatin South
16 Units Available
Forest Rim
6765 SW Nyberg St, Tualatin, OR
Studio
$1,105
452 sqft
1 Bedroom
$1,290
674 sqft
2 Bedrooms
$1,499
1007 sqft
Quick access to I-5 and I-205 for Portland commuters. Interior amenities include full-sized washers and dryers, walk-in closets, fireplaces, and private patios/balconies. Playground, pool, and basketball court for residents.
Verified
Last updated December 5 at 07:19pm
Sherwood - Tualatin South
9 Units Available
Stonesthrow
6455 SW Nyberg Ln, Tualatin, OR
1 Bedroom
$1,294
612 sqft
2 Bedrooms
$1,643
906 sqft
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Verified
Last updated December 5 at 07:38pm
Tigard Neighborhood Area 7
1 Unit Available
Creekside Commons
7645 Southwest Bonita Road, Tigard, OR
1 Bedroom
$1,025
650 sqft
2 Bedrooms
Ask
Call for our January specials and make your new home at our beautiful creekside property located in Tigard, OR. Assigned parking and on-site laundry facilities make this your ideal Tigard choice! Close to shopping, bus lines and Bonita Park.
Verified
Last updated December 4 at 02:44pm
West Portland Park
1 Unit Available
Lincoln Square
10445 Southwest Capitol Highway, Portland, OR
1 Bedroom
Ask
2 Bedrooms
Ask
3 Bedrooms
$1,495
916 sqft
Holly Farm Park and Capitol Corner are close to this community. Property amenities include off-street parking, on-site laundry facilities and a variety of beautifully landscaped flora. Apartments include heating and the option for in-unit laundry.
Verified
Last updated December 5 at 07:20pm
Robinwood
8 Units Available
Larkspur West Linn
19500 Hidden Springs Road, West Linn, OR
Studio
Ask
2 Bedrooms
$1,495
1052 sqft
3 Bedrooms
$2,100
1208 sqft
A beautiful community overlooking a natural area with park-like courtyard. Pet-friendly. Homes feature hardwood-style plank flooring, vaulted ceilings, and a washer and dryer. Larger floor plans. Smart features.
Verified
Last updated December 5 at 06:20pm
West Portland Park
1 Unit Available
Quail Ridge Apartments
4735 SW Luradel St, Portland, OR
Studio
Ask
1 Bedroom
Ask
2 Bedrooms
$1,115
780 sqft
Whether you are moving down the street, across town, or from another state, we offer well maintained apartments that are professionally managed. We are conveniently located minutes from I-5 and Hwy 217, shopping, dining, and more.
Last updated December 5 at 07:28pm
Sherwood - Tualatin South
1 Unit Available
19787 South West 67th Avenue
19787 SW 67th Ave, Tualatin, OR
2 Bedrooms
$1,250
850 sqft
FOR MORE INFORMATION OR TO SCHEDULE A VIEWING, PLEASE CONTACT OUR LEASING TEAM AT 971-291-9013 OR GO TO app.tenantturner.com/listings/performancepropertiesinc Website: http://ppirentals.com/ Application Form: http://ppirentals.
Results within 5 miles of Lake Oswego
Verified
Last updated December 5 at 07:20pm
Clackamette Park
12 Units Available
Edgewater at the Cove
1937 Main Street, Oregon City, OR
Studio
Ask
1 Bedroom
$1,415
793 sqft
2 Bedrooms
$1,620
1056 sqft
NOW OPEN! STOP IN TO RESERVE YOUR NEW APT HOME! Inspired by what matters most; we’ve created modern, comfortable spaces to live, work, relax, entertain and most importantly, enjoy.
Verified
Last updated December 5 at 07:20pm
Raleigh Hills
12 Units Available
Montclair Terrace
4835 SW Oleson Rd, Portland, OR
1 Bedroom
$1,175
765 sqft
2 Bedrooms
$1,460
963 sqft
3 Bedrooms
$1,860
1200 sqft
Apartments feature custom finishes and ceiling fans. Lots of community features, including a pool, sauna, and laundry center. Enjoy a show at nearby Alpenrose Opera House. Near SW Beaverton Hillsdale Highway.
Verified
Last updated December 5 at 07:20pm
Westmoreland
35 Units Available
Meetinghouse
1630 Southeast Rural Street, Portland, OR
Studio
$1,367
544 sqft
1 Bedroom
$1,525
634 sqft
2 Bedrooms
$2,024
957 sqft
Nestled on the East bank of the Willamette river just south of Downtown Portland, Sellwood Moreland offers an at-ease “anything goes, all are welcome’ type of feeling.

December 2019 Lake Oswego Rent Report

Welcome to the December 2019 Lake Oswego Rent Report. Lake Oswego rents increased over the past month. In this report, we'll evaluate trends in the Lake Oswego rental market, including comparisons to cities throughout the metro, state, and nation.

View full Rent Report

December 2019 Lake Oswego Rent Report

Welcome to the December 2019 Lake Oswego Rent Report. Lake Oswego rents increased over the past month. In this report, we'll evaluate trends in the Lake Oswego rental market, including comparisons to cities throughout the metro, state, and nation.

Lake Oswego rents increase sharply over the past month

Lake Oswego rents have increased 0.8% over the past month, and are up marginally by 0.6% in comparison to the same time last year. Currently, median rents in Lake Oswego stand at $1,517 for a one-bedroom apartment and $1,790 for a two-bedroom. This is the second straight month that the city has seen rent increases after a decline in September. Lake Oswego's year-over-year rent growth lags the state average of 1.5%, as well as the national average of 1.4%.

    Rents rising across the Portland Metro

    Throughout the past year, rent increases have been occurring not just in the city of Lake Oswego, but across the entire metro. Of the largest 10 cities that we have data for in the Portland metro, 9 of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

    • Hillsboro has the most expensive rents in the Portland metro, with a two-bedroom median of $2,076; the city has also seen rent growth of 3.3% over the past year, the fastest in the metro.
    • Over the past month, Canby has seen the biggest rent drop in the metro, with a decline of 2.9%. Median two-bedrooms there cost $1,772, while one-bedrooms go for $1,502.
    • Portland proper has the least expensive rents in the Portland metro, with a two-bedroom median of $1,330; rents fell 0.5% over the past month but remained flat year-over-year.

    Many large cities nationwide show more affordable rents compared to Lake Oswego

    As rents have increased marginally in Lake Oswego, a few large cities nationwide have also seen rents grow modestly. Compared to most large cities across the country, Lake Oswego is less affordable for renters.

    • Oregon as a whole has logged 1.5% year-over-year growth, while rent trends across other cities throughout the state have varied. For example, rents have grown by 1.1% in Eugene whereas rents have fallen 0.6% in Salem.
    • Lake Oswego's median two-bedroom rent of $1,790 is above the national average of $1,191. Nationwide, rents have grown by 1.4% over the past year compared to the 0.6% rise in Lake Oswego.
    • While Lake Oswego's rents rose marginally over the past year, many cities nationwide also saw increases, including Phoenix (+3.9%), Las Vegas (+3.2%), and Austin (+3.1%).
    • Renters will generally find more expensive prices in Lake Oswego than most large cities. For example, Salem has a median 2BR rent of $1,069, where Lake Oswego is more than one-and-a-half times that price.

    For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

    City
    Median 1BR price
    Median 2BR price
    M/M price change
    Y/Y price change
    Portland
    $1,130
    $1,330
    -0.5%
    0.4%
    Vancouver
    $1,420
    $1,680
    -0.2%
    1.9%
    Gresham
    $1,410
    $1,670
    -1.1%
    1.7%
    Hillsboro
    $1,760
    $2,080
    -1%
    3.3%
    Beaverton
    $1,540
    $1,820
    -0.1%
    3.1%
    Lake Oswego
    $1,520
    $1,790
    0.8%
    0.6%
    Tualatin
    $1,630
    $1,920
    -2.3%
    0.1%
    Forest Grove
    $1,230
    $1,450
    -0.2%
    2.9%
    Wilsonville
    $1,480
    $1,740
    -0.7%
    2.1%
    Canby
    $1,500
    $1,770
    -2.9%
    -0.7%
    Gladstone
    $1,510
    $1,780
    0.2%
    0.7%
    Fairview
    $1,530
    $1,800
    -0.7%
    0.1%
    See More

    Methodology - Recent Updates:

    Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

    Read more about our new methodology below, or see a more detailed post here.

    Methodology:

    Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

    Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

    Read more about our methodology here.

    About Rent Reports:

    Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

    We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.

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