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168 Luxury Apartments for rent in Lake Oswego, OR

Last updated January 16 at 6:19pm UTC
Kruseway Commons
4933 Parkview Drive
Lake Oswego, OR
Updated January 16 at 4:25pm UTC
1 Bedroom
$1,297
2 Bedrooms
$1,648
3 Bedrooms
$1,687
1565 Meadows Drive
Hallinan
Lake Oswego, OR
Updated January 16 at 10:06am UTC
3 Bedrooms
$2,595
16 Grouse Terrace
Mt. Park
Lake Oswego, OR
Updated January 16 at 10:06am UTC
3 Bedrooms
$2,500
3742 River's Edge Drive
Childs
Lake Oswego, OR
Updated January 16 at 10:06am UTC
4 Bedrooms
$3,550
44 Eagle Crest Drive #22
Mt. Park
Lake Oswego, OR
Updated January 16 at 10:06am UTC
3 Bedrooms
$1,795
1119 OAK ST
Hallinan
Lake Oswego, OR
Updated January 16 at 10:06am UTC
4 Bedrooms
$3,100
26 Grouse Terrace
Mt. Park
Lake Oswego, OR
Updated January 16 at 10:06am UTC
4 Bedrooms
$3,795
865 7th Street
First Addition
Lake Oswego, OR
Updated January 16 at 10:06am UTC
4 Bedrooms
$1,995
13160 Princeton Court
Oak Creek
Lake Oswego, OR
Updated January 16 at 10:06am UTC
3 Bedrooms
$2,795
338 Laurel Street
Hallinan
Lake Oswego, OR
Updated January 16 at 10:06am UTC
3 Bedrooms
$2,150
2471 Marylview Ct
Robinwood
Lake Oswego, OR
Updated January 16 at 10:06am UTC
4 Bedrooms
$2,900
668 McVey Ave #11
Lakewood
Lake Oswego, OR
Updated January 16 at 10:06am UTC
3 Bedrooms
$2,700
14363 Amberwood Circle
Westlake
Lake Oswego, OR
Updated January 16 at 10:06am UTC
4 Bedrooms
$3,395
750 1st Street Unit 23
First Addition
Lake Oswego, OR
Updated January 16 at 10:06am UTC
2 Bedrooms
$1,595
475 Furnace Street
Oldtown
Lake Oswego, OR
Updated January 16 at 10:06am UTC
3 Bedrooms
$3,995
4061 JEFFERSON PARKWAY
Mt. Park
Lake Oswego, OR
Updated January 16 at 10:06am UTC
2 Bedrooms
$1,695
13680 Johnson Terrace
Forest Highlands
Lake Oswego, OR
Updated January 16 at 10:06am UTC
3 Bedrooms
$2,095

January 2019 Lake Oswego Rent Report

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

View full Lake Oswego Rent Report
Rent Report
Lake Oswego

January 2019 Lake Oswego Rent Report

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

Lake Oswego rents decline sharply over the past month

Lake Oswego rents have declined 9.8% over the past month, and have decreased sharply by 8.9% in comparison to the same time last year. Currently, median rents in Lake Oswego stand at $1,510 for a one-bedroom apartment and $1,780 for a two-bedroom. Lake Oswego's year-over-year rent growth lags the state average of -1.9%, as well as the national average of 0.9%.

Rents rising across cities in the Portland Metro

While rent decreases have been occurring in the city of Lake Oswego over the past year, cities in the rest of the metro are seeing the opposite trend. Rents have risen in 8 of the largest 10 cities in the Lake Oswego metro for which we have data. Oregon as a whole logged rent growth of -1.9% over the past year. Here's a look at how rents compare across some of the largest cities in the metro.

  • Looking throughout the metro, Hillsboro is the most expensive of all Lake Oswego metro's major cities, with a median two-bedroom rent of $2,000; of the 10 largest cities in Oregon metro that we have data for, Gresham and Portland, where two-bedrooms go for $1,630 and $1,320, are the two other major cities in the metro besides Lake Oswego to see rents fall year-over-year (-0.5% and -0.2%).
  • Beaverton, Springfield, and Vancouver have all experienced year-over-year growth above the state average (2.4%, 2.2%, and 1.7%, respectively).

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

As rents have fallen sharply in Lake Oswego, many large cities nationwide have seen prices increase, in some cases substantially. Compared to most large cities across the country, Lake Oswego is less affordable for renters.

  • Lake Oswego's median two-bedroom rent of $1,780 is above the national average of $1,180. Nationwide, rents have grown by 0.9% over the past year compared to the 8.9% decline in Lake Oswego.
  • While rents in Lake Oswego fell sharply over the past year, many cities nationwide saw increases, including Las Vegas (+4.4%), Austin (+3.4%), and Phoenix (+3.3%).
  • Renters will generally find more expensive prices in Lake Oswego than most large cities. For example, Phoenix has a median 2BR rent of $1,060, 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 $1,120 $1,320 -0.5% -0.2%
Vancouver $1,400 $1,650 0.1% 1.7%
Gresham $1,380 $1,630 -1.9% -0.5%
Hillsboro $1,690 $2,000 -0.5% 0.9%
Beaverton $1,500 $1,770 0.2% 2.4%
Lake Oswego $1,510 $1,780 -9.8% -8.9%
Tualatin $1,600 $1,880 0.5% 6.3%
Wilsonville $1,440 $1,700 -5.0% 1.8%
Gladstone $1,500 $1,760 -2.5% -0.3%

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.