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Apartments under $1,600 for Rent in Lake Oswego, OR

140 Rentals
.
Showing 42 of 46 results, Page 1 of 2

Lake Oswego at a Glance

Average Rent

$1,880
(All bedrooms and property types)
Learn more about
Average Rent in Lake Oswego
8

School Rating

out of 10 Rating
Learn more about
Schools in Lake Oswego
25

Some Transit

out of 100 TransitScore® Rating
Learn more about
Transportation in Lake Oswego
65

Somewhat Bikeable

out of 100 BikeScore® Rating
Learn more about
Transportation in Lake Oswego

Lake Oswego, OR Apartments for Rent

Lake Oswego sits just 7 miles south of Portland, centered around the 405-acre Oswego Lake and featuring more than 600 acres of parks and open spaces. Those searching for apartments will discover a community with deep historical roots dating to 1847, when it earned the nickname "Pittsburgh of the West" for its iron industry. Today, the area offers a public library, multiple transportation options to Portland, and various educational institutions.

Apartments in Lake Oswego put residents near recreational spots like the Lake Oswego Golf Course, Millennium Plaza Park, and George Rogers Park, where visitors can explore a preserved iron furnace from the city's industrial past. While maintaining its distinct character, Lake Oswego has a population of over 40,000, with current one-bedroom apartment rents averaging $1,856. The area provides convenient access to Portland's business district, while also supporting local employment through the school district and various healthcare and technology organizations.

Renting in Lake Oswego

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Lake Oswego

(For 1 bedroom apartments)

Getting Around Lake Oswego

Transportation

63

Somewhat Walkable

out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you need a car.
65

Bikeable

out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you'll most likely want your car for most errands.
25

Some Transit

out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Scores provided by Walk Scoreⓘ

Education

GreatSchools Rating
Lake Oswego Senior High School

Public High School

Public
Grades 9-12
1,245 Students
GreatSchools Rating
Lakeridge High School

Public High School

Public
Grades 9-12
1,234 Students
GreatSchools Rating
Lakeridge Middle School

Public Middle School

Public
Grades 6-8
838 Students
GreatSchools Rating
Lake Oswego Middle School

Public Middle School

Public
Grades 6-8
824 Students
GreatSchools Rating
Westridge Elementary School

Public Elementary School

Public
Grades K-5
470 Students
GreatSchools Rating
Hallinan Elementary School

Public Elementary School

Public
Grades K-5
362 Students
GreatSchools Rating
River Grove Elementary School

Public Elementary School

Public
Grades K-5
336 Students
GreatSchools Rating
Oak Creek Elementary School

Public Elementary School

Public
Grades K-5
445 Students
GreatSchools Rating
Forest Hills Elementary School

Public Elementary School

Public
Grades K-5
419 Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

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