Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.
Lake Oswego, OR Rental Market Trends
What is the average rent in Lake Oswego?
The average rent for an apartment in Lake Oswego is $1,932. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Lake Oswego, OR
Last updated May 2022
| Average Rent | Average Apartment Size |
|---|---|
| $1,932 | 970 sq. ft. |
What is the average apartment size in Lake Oswego?
The average size for a Lake Oswego, OR apartment is 970 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Lake Oswego, OR Apartment Rent Ranges
Lake Oswego, OR Occupied Housing Units
4,984 or 30% of the households in Lake Oswego, OR are renter-occupied while 11,169 or 69% are owner-occupied.
Lake Oswego, OR Rent Trends
| Average Rent | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Jul / 2021 | Nov / 2021 | May / 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
| Lake Oswego, OR | $1,576 | $1,682 | $1,699 | $1,588 | $1,697 | $1,772 | $1,796 | $1,901 | $1,986 | $1,932 |
| National | $1,367 | $1,399 | $1,407 | $1,409 | $1,399 | $1,403 | $1,412 | $1,495 | $1,591 | $1,628 |
How Lake Oswego Compares to Other Cities
| City | Average Rent |
|---|---|
| Portland | $1,680 |
| Vancouver | $1,585 |
| Eugene | $1,610 |
| Bend | $1,767 |
| Gresham | $1,530 |
| Hillsboro | $1,882 |
| Beaverton | $1,679 |
| Salem | $1,321 |
| Tigard | $1,594 |
| Happy Valley | $1,667 |
| Corvallis | $1,556 |
| Wilsonville | $1,764 |
| Fairview | $1,729 |
| Forest Grove | $1,325 |
| Aloha | $1,721 |
| Oregon City | $1,654 |
| Lake Oswego | $1,932 |
| Bethany | $1,788 |
| Sherwood | $1,829 |
| Tualatin | $1,660 |
| Washougal | $1,825 |
Most Popular Apartments in Lake Oswego
Westlake Meadows Apartments
5300 Parkview Dr, Lake Oswego, OR 97035- 1 BED
- 2 BEDS
- Ask for pricing
- $2,330+
Kruseway Commons
4933 Parkview Dr, Lake Oswego, OR 97035- 1 BED
- 2 BEDS
- 3 BEDS
- $1,687+
- $2,296+
- Ask for pricing
Bay Roc Apartments
667 Mcvey Avenue, Lake Oswego, OR 97034- Studio
- 1 BED
- 2 BEDS
- Ask for pricing
- Ask for pricing
- $1,594+
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Lake Oswego apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.