Lake Oswego, OR Rental Market Trends
Highlights
The average rent for an apartment in Lake Oswego is $1,772, a 4% increase compared to the previous year, when the average rent was $1,699.
Average Rent in Lake Oswego, OR
Average Rent | Y-o-Y Change | Average Apartment Size |
---|---|---|
$1,772 | 4% | 976 sq. ft. |
The average size for a Lake Oswego, OR apartment is 976 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
- $1,001-$1,50027%
- $1,501-$2,00055%
- > $2,00017%
Lake Oswego, OR Occupied Housing Units
- Renter-occupied Households32%
- Owner-occupied Households67%
5,383 or 32% of the households in Lake Oswego, OR are renter-occupied while 11,108 or 67% are owner-occupied.
Lake Oswego, OR Rent Trends
Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Mar / 2021 |
---|---|---|---|---|---|---|---|---|---|
Lake Oswego, OR | $1,444 | $1,563 | $1,635 | $1,576 | $1,682 | $1,699 | $1,588 | $1,697 | $1,772 |
National | $1,311 | $1,342 | $1,351 | $1,356 | $1,388 | $1,395 | $1,397 | $1,389 | $1,392 |

How Lake Oswego Compares to Other Cities
Average Rent | Y-o-Y Change | |
---|---|---|
Portland | $1,495 | -2% |
Eugene | $1,405 | 3% |
Vancouver | $1,385 | 4% |
Beaverton | $1,390 | -2% |
Gresham | $1,345 | 2% |
Hillsboro | $1,544 | n/a |
Salem | $1,119 | 5% |
Tigard | $1,373 | n/a |
Wilsonville | $1,469 | 1% |
Happy Valley | $1,458 | 2% |
Lake Oswego | $1,772 | 4% |
For more information about the Lake Oswego rental trends, check out our monthly rent report
Check out Oregon Cities, Oregon Neighborhoods and Oregon Zip Codes for more details on verified listings, including the Oregon Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!