Apartments for Rent in Lake Oswego, OR

Prices and availability in Lake Oswego, OR were last updated on 26 Aug 2026.

The best apartments in Lake Oswego, OR are: Kruseway Commons, MiLO at Mountain park, Parkridge Apartments, The Bluffs at Mountain Park and Willow Apartments.

The average rent in Lake Oswego, OR is $2,133.

The price range for a studio apartment in Lake Oswego, OR is between $1,603 and $1,715.

The price range for a 1-bedroom apartment in Lake Oswego, OR is between $1,516 and $6,071.

The price range for a 2-bedroom apartment in Lake Oswego, OR is between $1,693 and $6,328.

The price range for a 3-bedroom apartment in Lake Oswego, OR is between $2,408 and $5,214.

In Lake Oswego 31% of the housing is rented out compared to 69% of homes are owned, according to the most recent Census Bureau estimates. 21% of Lake Oswego's apartments are found in large buildings of 50 units or more, 61% are located in smaller apartment complexes with less than 50 units, and 18% are single-family rentals.

The average age of rental buildings in Lake Oswego is 33 years old, with 20% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which all are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Rental apartments in Lake Oswego come in a range of sizes and floorplans. Studio apartments represent 1.0% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 37% of the total apartments in the city, while 2-bedroom floorplans represent around 57% of all rentals in Lake Oswego. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.