Lake Oswego, OR Homes for Rent

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  Starting at $1,503

  Total Monthly Price

  • 1 - 5 Beds

  1 Jefferson Pkwy, Lake Oswego, OR 97035

  Experience luxury living amidst the natural beauty of Lake Oswego at Elevation at Mountain Park Apartments. Our pet-friendly community offers spacious one, two, three and five bedroom homes, many featuring granite countertops, stainless steel appliances, and private balconies or patios. Unwind by the fireplace in your meticulously designed home, then step outside to explore the scenic Mountain

  Elevation at Mountain Park

  (503) 795-9313

  

  1 Jefferson Pkwy, Lake Oswego, OR 97035
• Explore Lake Oswego

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  Starting at $1,287 Per Month

  • 1 - 2 Beds

  6142 Bonita Rd, Lake Oswego, OR 97035

  Hunt Club Apartments Homes features one bedroom and two bedroom apartment homes for rent in Lake Oswego, Oregon. Our community is close to I-5 and Hwy 217, just minutes away from upscale shopping at Washington Square and Bridgeport Village. In addition, Downtown Portland is only a short car ride away! Select homes have been remodeled with custom maple cabinetry, slab granite countertops, ceramic

  Hunt Club

  (971) 364-3869

  

  6142 Bonita Rd, Lake Oswego, OR 97035
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  Starting at $1,864

  Total Monthly Price

  • 1 - 3 Beds

  5600 Meadows Rd, Lake Oswego, OR 97035

  From the tree speckled Lake Forest neighborhood of Lake Oswego, Willow beckons — inviting you home with warm natural lighting, white oak finishes, and lovingly curated decor inspired by nature. Select between a freshly built one, two, or three bedroom apartment or townhome, with modern amenities and the quiet comforts of suburban living with Waluga Park and urban conveniences just down the road.

  Willow

  (971) 253-0787

  

  5600 Meadows Rd, Lake Oswego, OR 97035
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  Starting at $2,095 Per Month

  • 2 Beds

  97 Kingsgate Rd, Lake Oswego, OR 97035

  Live in coveted Lake Oswego, when you rent a spacious two bedroom apartment at Oswego Cove. Surrounded by mature trees and peekaboo mountain views, this pet-friendly community is situated in one of Portland, Oregon's most desirable and upscale suburbs, with easy city access. Your inviting new home features wood-style flooring, a cozy fireplace, a private patio or balcony, and your own washer and

  Oswego Cove

  (503) 412-7066

  

  97 Kingsgate Rd, Lake Oswego, OR 97035
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  Starting at $2,399

  Total Monthly Price

  • Studio - 3 Beds

  130 A Ave, Lake Oswego, OR 97034

  Lake Oswego living is yours for the taking at The Windward Apartments, a vibrant community set in a sophisticated waterfront city. Designed with a ?live where you play? outlook, the property blends modern apartment living with a village-style atmosphere and convenient on-site retail. Residents enjoy thoughtfully designed homes alongside dynamic shared spaces that encourage connection and

  The Windward Apartments

  (503) 221-8493

  

  130 A Ave, Lake Oswego, OR 97034
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  Starting at $1,650 Per Month

  • 1 - 2 Beds

  295 3rd St, Lake Oswego, OR 97034

  Oswego Lake Front Next to Farmer's Market!. Uptown at Lake Oswego Apartments is located in the Lake Oswego School District, close to Lewis & Clarke and Marylhurst University.The community offers easy freeway access to the I-5, 217, 43, and 224; only fifteen minutes from downtown Portland and twenty minutes from the Portland International Airport, Bridgeport Village and Washington Square. Play

  Uptown at Lake Oswego

  (971) 459-1210

  

  295 3rd St, Lake Oswego, OR 97034
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  Starting at $1,545

  Total Monthly Price

  • Studio - 3 Beds

  215 Greenridge Dr, Lake Oswego, OR 97035

  Join us at Parkridge Apartments in Lake Oswego, OR. Hidden in the prestigious Mountain Park neighborhood, our community is the best fit for anyone looking for a studio, one, two, or three-bedroom apartment for rent. Our newly remodeled apartment homes include stainless steel appliances, cozy wood-burning fireplaces and dining rooms filled with warm, natural light. The extensive outdoor patio and

  Parkridge Apartments

  (971) 251-4596

  

  215 Greenridge Dr, Lake Oswego, OR 97035
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  Starting at $1,545 Per Month

  • 1 - 2 Beds

  15948 Quarry Rd, Lake Oswego, OR 97035

  FOR SHOWINGS VISIT MAINLANDERS WEBSITE AND CLICK "RENT A HOME" ADD THE ADDRESS AS "LAKE OSWEGO,OR" ALL AVAILABLE UNITS WILL POPULATE.Mainlander Property Management3927 Lake Grove Ave Lake Oswego, OR 97035HOURS OF OPERATIONMonday - Friday | 8:30 am - 5:30 pmOffice visits by appointment onlyWelcome to Quarry Commons, a modern residential retreat located in the

  Quarry Commons

  (971) 612-8784

  15948 Quarry Rd, Lake Oswego, OR 97035
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  Starting at $1,525 Per Month

  • 1 - 2 Beds

  12375 Mt Jefferson Terrace, Lake Oswego, OR 97035

  The Ridge at Mountain Park Apartment Community is in the hills of Lake Oswego, Oregon. Our community setting is surrounded by lush foliage and towering trees. Our community is tucked away from busy streets and the hustle & bustle of everyday life. Only 8 miles to Downtown Portland; shopping, banks, and restaurants are just minutes away! The Ridge At Mountain Park, offers the best of both

  The Ridge at Mountain Park Apartments

  (971) 407-1147

  

  12375 Mt Jefferson Terrace, Lake Oswego, OR 97035
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  Starting at $1,770 Per Month

  • 1 - 3 Beds

  4933 Parkview Dr, Lake Oswego, OR 97035

  Live in Portland's most prestigious suburban landscape.Kruseway Commons features one-, two- and three-bedroom apartment homes nestled in the vibrant and sought-after neighborhood of Lake Oswego, near Portland, OR. Our apartments in Lake Oswego for rent offer a unique blend of style, convenience, and comfort designed to cater to your every need. It features spacious layouts, high-quality finishes,

  Kruseway Commons

  (971) 224-7360

  

  4933 Parkview Dr, Lake Oswego, OR 97035
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  Starting at $1,875 Per Month

  • 1 - 2 Beds

  5300 Parkview Dr, Lake Oswego, OR 97035

  Welcome to Westlake Meadows Apartments, where distinctive apartment living and a host of conveniences await you. Our Lake Oswego, OR apartments offer a variety of spacious one and two-bedroom floor plans to choose from. Each of our homes provides a cozy wood-burning fireplace with mantle, an in-unit washer and dryer, and a private balcony or patio with extra storage. Enjoy our community

  Westlake Meadows Apartments

  (971) 253-7386

  

  5300 Parkview Dr, Lake Oswego, OR 97035
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  Starting at $1,595 Per Month

  • 2 Beds

  5318 Lakeview Blvd, Lake Oswego, OR 97035

  All single level apartment homes in a nice and quiet neighborhood of Lake Oswego, Oregon. All units have a private patio and washer and dryer in units. Large living room with separate dining area. Ample parking for tenants and guests. Close proximity to both Interstate 5 and Interstate 205 freeways.

  Jackson Square

  (971) 287-7391

  5318 Lakeview Blvd, Lake Oswego, OR 97035
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  $1,495 Per Month

  • 1 Bed
  • 1 Bath
  • 670 Sq Ft
  • House for Rent

  47 Eagle Crest Dr, Lake Oswego, OR 97035

  Property Id: 869693Terrific one bedroom condo available for rent in the serene Mountain Park neighborhood of Lake Oswego. Very conveniently located close to PCC Sylvania, Lewis & Clark, Multnomah village, and shopping and entertainment. 5 min to I-5, 217, shopping & entertainment, and 15 min to downtown Portland.Windows, carpet, kitchen, bath cabinets, counters, painted a couple

  (971) 270-5117

  47 Eagle Crest Dr, Lake Oswego, OR 97035
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  $1,499 Per Month

  • 1 Bed
  • 1 Bath
  • 725 Sq Ft
  • Condo for Rent

  12375 Mt Jefferson Terrace Unit 1B, Lake Oswego, OR 97035

  Property Id: 2564160The Ridge at Mountain ParkGround floor one bedroom!Apply today to get $1,500 off move in costs!Do you love walking out your front door to the smell of fresh clean air, and the sounds of nature?Do you love having quick access to great nature paths, but still close to freeway access?Do you worry about parking or how much you are paying for

  (503) 966-8776

  12375 Mt Jefferson Terrace Unit 1B, Lake Oswego, OR 97035
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  $1,399 Per Month

  • 1 Bed
  • 1 Bath
  • 600 Sq Ft
  • Condo for Rent

  667 Mcvey Ave Unit 103, Lake Oswego, OR 97034

  Property Id: 2564121Amazing opportunity to live at Bay Roc, Lake Oswego's historical architectural gem!The Bay Roc Apartments are more than just your typical Lake Oswego Apartment complex, we are a community. Along with our rich LOCAL architectural history, we offer management that cares, vintage Design, and an unbeatable location! Our building is walking distance to downtown

  (503) 832-4095

  667 Mcvey Ave Unit 103, Lake Oswego, OR 97034
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  $3,629 Per Month

  • 3 Beds
  • 2 Baths
  • 2,072 Sq Ft
  • House for Rent

  1581 SW Woodland Terrace, Lake Oswego, OR 97034

  This home is professionally managed by Tricon, dedicated to creating exceptional rental experiences. Featuring 3 bedrooms, 2.1 bathrooms, and approximately 2,072 square feet, this well-maintained home offers a high standard of rental living, supported by a team that puts residents first. As a Tricon resident, you'll enjoy access to Tricon Vantage — a program designed to support your rental

  (503) 470-7915

  1581 SW Woodland Terrace, Lake Oswego, OR 97034
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  $5,000 Per Month

  • 2 Beds
  • 1 Bath
  • 1,140 Sq Ft
  • House for Rent

  114 3rd St, Lake Oswego, OR 97034

  Property Id: 2557763Located in the heart of downtown Lake Oswego, 114 3rd Street offers a rare opportunity to experience true over-the-water living with direct lakefront views and an unbeatable location. Built directly above the water, this unique residence provides a peaceful waterfront setting with panoramic lake views and a seamless connection to the outdoors.Inside, the home

  (971) 257-8361

  114 3rd St, Lake Oswego, OR 97034
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  $3,200 Per Month

  • 3 Beds
  • 2.5 Baths
  • 1,800 Sq Ft
  • House for Rent

  5188 Rosewood St, Lake Oswego, OR 97035

  To schedule a showing, click the link below or copy and paste into your browser:Tucked away on a quiet, private flag lot, this lovely Lake Oswego home features a vaulted entry and beautiful hardwood floors throughout the main level. The bright kitchen with ample storage opens directly to the family room, where you can cozy up by the wood-burning fireplace or step out onto the deck and

  (971) 260-4548

  5188 Rosewood St, Lake Oswego, OR 97035
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  $10,479

  Total Monthly Price

  • 3 Beds
  • 1 Bath
  • Condo for Rent

  4025 Mercantile Dr Unit SI ID1272833P, Lake Oswego, OR 97035

  The advertised rate of $10,480/month is the lowest available price, based on a 30 day(s) stay with a move-in date of December 1, 2027.Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can

  (971) 265-6801

  4025 Mercantile Dr Unit SI ID1272833P, Lake Oswego, OR 97035
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  $4,800

  Total Monthly Price

  • 4 Beds
  • 3.5 Baths
  • 3,780 Sq Ft
  • House for Rent

  4972 Hampton Ct, Lake Oswego, OR 97035

  - fully furnished- month-to-month rentals - one-month minimum- one month's notice to move outDiscover timeless elegance in this French traditional home on a serene cul-de-sac near Oak Creek Elementary. Updates abound, including granite counters, fresh paint, and new fixtures. Enjoy the convenience of a butler's pantry, French doors, and three decks..

  4972 Hampton Ct, Lake Oswego, OR 97035
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  $4,400

  Total Monthly Price

  • 2 Beds
  • 2 Baths
  • 1,304 Sq Ft
  • Condo for Rent

  16500 Boones Ferry Rd Unit 210, Lake Oswego, OR 97035

  Welcome to THE BOULDER where luxury living aligns with the beauty of Lake Oswego. Our community offers a unique, upscaled living experience, with a range of well-appointed living features, large decks, and amenities. If you’re looking for a quiet place to live and relax, a space to entertain friends, and a pedestrian-friendly neighborhood, we have what you’re looking for. Luxury boutique

  16500 Boones Ferry Rd Unit 210, Lake Oswego, OR 97035
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  $1,300

  Total Monthly Price

  • Studio
  • 1 Bath
  • 450 Sq Ft
  • Condo for Rent

  15315 Twin Fir Rd Unit LO Garden Apartment, Lake Oswego, OR 97035

  Clean, quiet environment in wooded neighborhood close to L& C & OHSU campusesMonth to Month RentalNO PetsNO Smoking or VapingOne (1) person onlyAvailable 8/15/2026

  15315 Twin Fir Rd Unit LO Garden Apartment, Lake Oswego, OR 97035
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  $1,800

  Total Monthly Price

  • 1 Bed
  • 1 Bath
  • 1,000 Sq Ft
  • House for Rent

  14267 Uplands Dr, Lake Oswego, OR 97034

  Fully furnished 1 bedroom with private bath (attached) and a large living room. Luxury queen size bed with all bedddings, linens and towels are provided. Living room has leather couch, big screen TV, rocking chair, 1 smaller refrigerator, wine cooler and a wet bar. Also furnished with dishes, plates, and kitchen stuffs. Looking for an occupant, professional and low key individual as

  14267 Uplands Dr, Lake Oswego, OR 97034
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  $4,580 Per Month

  • 5 Beds
  • 3 Baths
  • 3,440 Sq Ft
  • House for Rent

  16932 Greentree Ave, Lake Oswego, OR 97034

  Property Id: 1319321Absolutely stunning home just steps away from a serene lake, situated on a spacious quarter-acre lot. Enjoy breathtaking sunset views from the elevated deck with a charming palapa. The kitchen has been thoughtfully updated with sleek stainless steel appliances.The main floor features a generously sized suite, while the lower level offers two additional

  16932 Greentree Ave, Lake Oswego, OR 97034
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  $1,250

  Total Monthly Price

  • 1 Bed
  • 1 Bath
  • 650 Sq Ft
  • Condo for Rent

  50 Northshore Rd Unit 28, Lake Oswego, OR 97034

  You will love our location, right in the heart of downtown Lake Oswego. Enjoy the convenience of being able to walk to restaurants, parks, a movie theater, and amazing farmer's market. We are also on a direct bus line to downtown Portland (buses 35 and 36).We are within three miles of Lewis and Clark College Unit features High speed internet Refrigerator Oven / range Heat - electric -Pet

  50 Northshore Rd Unit 28, Lake Oswego, OR 97034
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  $2,350 Per Month

  • 2 Beds
  • 1 Bath
  • 1,099 Sq Ft
  • Contemporary One-Level 2 Bed/1 Bath Tranquil Retreat

  5854 Lakeview Blvd, Lake Oswego, OR 97035

  Contemporary One-Level Retreat in a Tranquil Woodland Setting in Lake Oswego!Welcome to this 2-bedroom, 1-bath ranch-style home offering 1,100 square feet of comfortable living space. The spacious great room floor plan with vaulted ceilings provides an open and inviting atmosphere, perfect for both relaxing and entertaining.The well-equipped kitchen features a refrigerator, stove,

  5854 Lakeview Blvd, Lake Oswego, OR 97035
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  $2,700 Per Month

  • 3 Beds
  • 1 Bath
  • 1,488 Sq Ft
  • Tranquil Environment: 3 Bed, 1 Bath House

  16155 SW Kimball St, Lake Oswego, OR 97035

  Tucked away in serene Lake Oswego neighborhood. Surrounded by nature and outdoor entertainment. This gorgeous 3 bedroom 1 bath home sits on almost a half an acre. The perfect blend of cozy and inviting; this home offers an open concept layout, one car garage, laundry room with W/D, skylights throughout, hardwood floors, and a fenced in backyard, with lawn care included!With two

  16155 SW Kimball St, Lake Oswego, OR 97035
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  $3,200 Per Month

  • 3 Beds
  • 3 Baths
  • 1,729 Sq Ft
  • Remodeled 1949 Bungalow in Lake Oswego

  837 Country Club Rd, Lake Oswego, OR 97034

  Come home to a charming retreat just moments from the heart of Lake Oswego. This beautifully updated cottage blends warmth, character, and functionality with three bedrooms and three full baths, all set against a serene, forested greenbelt—an unexpected hidden gem in an incredibly convenient location.A generous hardscape entry provides easy turnaround and ample parking. The inviting front

  837 Country Club Rd, Lake Oswego, OR 97034
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  $1,995 Per Month

  • 2 Beds
  • 2 Baths
  • 984 Sq Ft
  • 2 Bed, 2 Bath Home - 1 Bed or Office and Bath on Main Floor

  4 Touchstone, Lake Oswego, OR 97035

  New VIDEO showcases the new flooring!! 2 bedrooms, 2 bathrooms condo in Lake Oswego. It is located within several blocks of Lake Oswego public schools. 1 bedroom that could be an office, 1 bathroom with a shower and stacked washer and dryer are on main floor of the condo. Beautiful 2 story vaulted ceilings give this home a very open and spacious feeling. It has a kitchen with plenty of countertop

  4 Touchstone, Lake Oswego, OR 97035
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  $5,995 Per Month

  • 5 Beds
  • 3.5 Baths
  • 3,227 Sq Ft
  • Luxury 5 Bedroom Home with Soaking Tub, Chef’s Kitchen & Expansive Primary Suite

  6435 Mcduff Ct, Lake Oswego, OR 97035

  Located in desirable Lake Oswego with convenient access to shopping, restaurants, and downtown Portland, this expansive 5-bedroom, 3.5-bathroom home offers 3,227 square feet of beautifully designed living space surrounded by mature landscaping and inviting outdoor areas. Combining elegant interior spaces with a warm and functional layout, this home is ideal for both everyday living and

  6435 Mcduff Ct, Lake Oswego, OR 97035
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  $2,695 Per Month

  • 3 Beds
  • 1.5 Baths
  • 1,900 Sq Ft
  • Lake Oswego First Addition - Craftsman Style, Across From George Roger's Park

  21 Ladd St, Lake Oswego, OR 97034

  FOR MORE INFORMATION OR TO SCHEDULE A VIEWING, PLEASE CONTACT OUR LEASING TEAM AT or Email Available May 15th!! 3bd,1.5bth,1,900sqft First Addition Lake Oswego - Old Town Neighborhood in the Heart of Lake Oswego!!! The 1928 Craftsman style home is right across the street from George Roger's Park, with walking distance to Lake Oswego restaurants, theaters and downtown amenities

  21 Ladd St, Lake Oswego, OR 97034
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  $3,850 Per Month

  • 3 Beds
  • 2 Baths
  • 1,864 Sq Ft
  • Updated Three Bedroom Gem in Lake Oswego!

  14201 Dolph Ct, Lake Oswego, OR 97034

  Love Where You Live. Apply Today, Tour Tomorrow. Located in the highly sought-after Uplands neighborhood of Lake Oswego, this home offers a peaceful and beautifully maintained setting with unbeatable convenience. Enjoy nearby access to Springbrook Park, Iron Mountain Park, and Woodmont Park, along with scenic walking trails, tennis courts, and neighborhood amenities. Just minutes from

  14201 Dolph Ct, Lake Oswego, OR 97034
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  $4,200 Per Month

  • 2 Beds
  • 2.5 Baths
  • 998 Sq Ft
  • LAKE OSWEGO First Addition -Brand New Modern Cottage!

  808 3rd St, Lake Oswego, OR 97034

  Available: With-in 3-5 Business Days Pet’s: Possible with Owner Approval Approximate Sq. Ft: 998Bedrooms: 2Bathrooms: 2.5Heating: Gas Heat/ Air-Conditioning Terms: 12 Months Lease Rent: $4200.00 Security Deposit: $4175.00Screening Charge: $55.00 per person 18 years and older County: Clackamas

  808 3rd St, Lake Oswego, OR 97034
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  $2,495 Per Month

  • 2 Beds
  • 2 Baths
  • 1,332 Sq Ft
  • CUTE & CLASSY IN LAKE OSWEGO!

  4970 Galen St, Lake Oswego, OR 97035

  This two-bedroom, two-bath residence offers thoughtful updates and an inviting layout. The open kitchen includes space for a table and chairs by a corner window overlooking a wonderful patio that sits off the kitchen for outdoor enjoyment. Vaulted ceilings with plantation shutters grace both the dining and living rooms, which also feature a wood-burning fireplace and a large deck that runs the

  4970 Galen St, Lake Oswego, OR 97035
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  $2,150 Per Month

  • 2 Beds
  • 2.5 Baths
  • 738 Sq Ft
  • L0652-2

  11584 SW 47th Ave Unit B, Portland, OR 97219

  11584 SW 47th Ave Unit B, Portland, OR 97219
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  $2,150 Per Month

  • 2 Beds
  • 2.5 Baths
  • 738 Sq Ft
  • L0652

  11580 SW 47th Ave Unit B, Portland, OR 97219

  11580 SW 47th Ave Unit B, Portland, OR 97219
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  $3,445 Per Month

  • 2 Beds
  • 2.5 Baths
  • 1,700 Sq Ft
  • European-Inspired Luxury in the Heart of First Addition

  524 2nd St, Lake Oswego, OR 97034

  Nestled in the heart of coveted First Addition, this beautifully appointed townhome offers the perfect balance of timeless elegance, modern comfort, and unbeatable walkability. Tucked away along a charming European-style courtyard, this exceptional residence provides a peaceful retreat just moments from the vibrant energy of downtown Lake Oswego.Step inside to discover an inviting

  524 2nd St, Lake Oswego, OR 97034
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  $2,545 Per Month

  • 3 Beds
  • 2 Baths
  • 1,100 Sq Ft
  • Condo for Rent

  307 Cervantes Cir, Lake Oswego, OR 97035

  Beautiful apartment home nestled in the forestry of Lake Oswego. This home can be found in the Mountain Park neighborhood. Offering a three bedroom, two bath top floor home surrounded by captivating views off the wrap around deck. Complete with stainless steel appliances and wonderful lighting. This spacious hideaway includes a fireplace, full size washer and dryer, and a covered parking. Pets

  307 Cervantes Cir, Lake Oswego, OR 97035
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  $2,995 Per Month

  • 3 Beds
  • 2.5 Baths
  • 1,202 Sq Ft
  • L0652

  11580 SW 47th Ave Unit A, Portland, OR 97219

  11580 SW 47th Ave Unit A, Portland, OR 97219
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  $1,995 Per Month

  • 2 Beds
  • 1 Bath
  • 990 Sq Ft
  • 2 Bedroom Condo in Lake Oswego

  3930 Lake Grove Ave, Lake Oswego, OR 97035

  Welcome to this charming 2-bedroom, 1-bath condo located in the highly desirable community of Lake Oswego. Offering approximately 990 square feet of comfortable living space, this beautifully updated home combines modern finishes with unique character throughout.Inside, you’ll find stylish interior updates complemented by elegant Spanish-style tile flooring that adds warmth and timeless

  3930 Lake Grove Ave, Lake Oswego, OR 97035

Showing Results 1 - 40, Page 1 of 2

Why Live in Lake Oswego

Lake Oswego, OR, is an upscale city centered around an expansive lake, known for its luxurious lakefront properties and high median household income. The city boasts grand homes, chic shopping districts, and one of the best school systems in the state, with the Lake Oswego School District ranked No. 1 in Oregon. The district serves around 6,800 students across 11 schools and has the highest graduation rate in the state. Major employers include Micro Systems Engineering, Greenbrier, and several software companies, with many businesses concentrated in the Kruse Woods Corporate Park. Lake Oswego’s dining scene features standout establishments like Kyra’s Bake Shop and Bamboo Sushi, while the Lake Grove Village Center offers convenient shopping anchored by Zupan’s Market. Attractions include the Lake Oswego Festival of the Arts, held annually at George Rogers Park, and the Gallery Without Walls sculpture collection. Millennium Plaza Park hosts a farmers market every Saturday from mid-May through October. The city is surrounded by highways, making it easy to reach downtown Portland, about 9 miles away, and other nearby areas. Despite its rainy climate, Lake Oswego provides a close-knit community feel with cul-de-sacs full of children who all know each other.

Learn more about living in Lake Oswego

Frequently Asked Questions

How much does it cost to rent a home in Lake Oswego, OR?

The median rent for a home in Lake Oswego, OR is $2,725 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.

How much do you need to make to afford rent in Lake Oswego, OR?

To comfortably afford the median rent in Lake Oswego, OR, a household needs to earn roughly $109,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,725 per month in Lake Oswego, OR, renters typically need to show $8,175 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.

Is it more affordable to rent or buy in Lake Oswego, OR?

In Lake Oswego, OR, the price-to-rent ratio is 28.4, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

What neighborhoods in Lake Oswego, OR are best for renting a home?

The best neighborhood for renting in Lake Oswego, OR depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Waluga, Mountain Park, Evergreen, Oak Creek and Rosewood, each with its own character and price range.

Rental Home Trends in Lake Oswego, OR

There are currently 52 homes available for rent in Lake Oswego, OR. The median rent is $2,725 per month, with single-family homes renting at $2,873, townhouses at $6,500 and condos at $2,500.

Rental Home Trends

Number of Homes for Rent

52

Median Rent

$2,725

Median Single Family Home Rent

$2,873

Median Townhouse Rent

$6,500

Median Condo Rent

$2,500