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Lake Oswego, OR Homes for Rent

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  • /88

    Starting at $1,473

    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

    1 Jefferson Pkwy, Lake Oswego, OR 97035
  • /38

    Starting at $1,542 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

    6142 Bonita Rd, Lake Oswego, OR 97035
  • /55

    Starting at $1,749

    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

    5600 Meadows Rd, Lake Oswego, OR 97035
  • /105

    Starting at $2,063

    Total Monthly Price

    • Studio - 3 Beds

    3975 Mercantile Dr, Lake Oswego, OR 97035

    Mercato Grove is Lake Oswego’s premier wellness-focused apartment community, where resort-style living meets everyday convenience. Surrounded by top-tier dining, boutique fitness, and essential retail, residents enjoy a lifestyle designed for balance, connection, and ease. From spa-inspired amenities and vibrant community programming to beautifully designed homes and walkable tree-lined streets,

    Mercato Grove

    3975 Mercantile Dr, Lake Oswego, OR 97035
  • /39

    Starting at $2,500

    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

    130 A Ave, Lake Oswego, OR 97034
  • /51

    Starting at $1,600 Per Month

    • 1 Bed

    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

    295 3rd St, Lake Oswego, OR 97034
  • /50

    Starting at $1,295

    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

    215 Greenridge Dr, Lake Oswego, OR 97035
  • /46

    Starting at $2,650 Per Month

    • 2 Beds

    15948 Quarry Rd, Lake Oswego, OR 97035

    FOR SHOWINGS VISIT MAINLANDER.COM 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

    15948 Quarry Rd, Lake Oswego, OR 97035
  • /21

    Starting at $2,075 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

    97 Kingsgate Rd, Lake Oswego, OR 97035
  • /35

    Starting at $1,759 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

    4933 Parkview Dr, Lake Oswego, OR 97035
  • /35

    Starting at $1,695 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

    5300 Parkview Dr, Lake Oswego, OR 97035
  • /35

    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

    12375 Mt Jefferson Terrace, Lake Oswego, OR 97035
  • /4

    $1,549 Per Month

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

    12375 Mt Jefferson Terrace Unit 12D, Lake Oswego, OR 97035

    Property Id: 2570015The Ridge at Mountain ParkGround Floor One bed!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

    12375 Mt Jefferson Terrace Unit 12D, Lake Oswego, OR 97035
  • /3

    $1,525 Per Month

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

    12375 Mt Jefferson Terrace Unit 11C, Lake Oswego, OR 97035

    Property Id: 2570017The Ridge at Mountain ParkGround Floor One Bed Unit! 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

    12375 Mt Jefferson Terrace Unit 11C, Lake Oswego, OR 97035
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    $1,469 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

    47 Eagle Crest Dr, Lake Oswego, OR 97035
  • /6

    $1,899 Per Month

    • 2 Beds
    • 1 Bath
    • 1,010 Sq Ft
    • Condo for Rent

    12375 Mt Jefferson Terrace Unit 10E, Lake Oswego, OR 97035

    Property Id: 2570019The Ridge at Mountain ParkSecond Floor Two Bed- with a gorgeous view!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

    12375 Mt Jefferson Terrace Unit 10E, Lake Oswego, OR 97035
  • /5

    $1,625 Per Month

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

    12375 Mt Jefferson Terrace Unit 12L, Lake Oswego, OR 97035

    Property Id: 2570014The Ridge at Mountain ParkOne Bed Unit - with a gorgeous view!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

    12375 Mt Jefferson Terrace Unit 12L, Lake Oswego, OR 97035
  • /5

    $1,525 Per Month

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

    12375 Mt Jefferson Terrace Unit 10B, Lake Oswego, OR 97035

    Property Id: 2570016The Ridge at Mountain ParkGround floor One Bed Unit - with a gorgeous view!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

    12375 Mt Jefferson Terrace Unit 10B, Lake Oswego, OR 97035
  • /20

    $3,600 Per Month

    • 3 Beds
    • 2 Baths
    • 1,611 Sq Ft
    • House for Rent

    655 8th St, Lake Oswego, OR 97034

    To schedule a showing please scan the QR Code in the listing photos or click the link below/copy and paste into your browser:Do not miss out on this great opportunity to live in First Addition. As you enter the home you are greeted with beautiful hardwoods. The spacious living room and dining room are off to the right and a bedroom to the left. The darling kitchen has stainless

    655 8th St, Lake Oswego, OR 97034
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    $10,479

    Total Monthly Price

    • 3 Beds
    • 1 Bath
    • 1,528 Sq Ft
    • Condo for Rent

    4025 Mercantile Dr Unit SI FL4-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 March 1, 2028.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 be

    4025 Mercantile Dr Unit SI FL4-ID1272833P, Lake Oswego, OR 97035
  • /3

    $4,500 Per Month

    • 4 Beds
    • 2.5 Baths
    • 2,522 Sq Ft
    • House for Rent

    17147 Warren Ct, Lake Oswego, OR 97035

    **Pictures Coming Soon****Showings Start 7/22/2026**Discover the perfect blend of space, comfort, and convenience in this expansive 4-bedroom, 2.5-bathroom residence. Nestled on a cul-de-sac within a premier community, this spacious home is designed to cater to a dynamic lifestyle across its thoughtfully articulated levels. Updates include new paint, carpets, refinished

    17147 Warren Ct, Lake Oswego, OR 97035
  • /4

    $1,949 Per Month

    • 2 Beds
    • 1 Bath
    • 1,010 Sq Ft
    • Condo for Rent

    12375 Mt Jefferson Terrace Unit 7D, Lake Oswego, OR 97035

    Property Id: 2570020The Ridge at Mountain ParkTwo Bed Unit - with a gorgeous view!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

    12375 Mt Jefferson Terrace Unit 7D, Lake Oswego, OR 97035
  • /6

    $2,500

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 950 Sq Ft
    • Condo for Rent

    248 C Ave Unit 248 C Ave, Lake Oswego, OR 97034

    Welcome to your stylish new home in one of Lake Oswego's most desirable neighborhoods! This beautifully designed studio apartment offers the perfect blend of modern comfort and cozy charm. Located in a quiet, well-maintained triplex, the unit features brand-new kitchen appliances, sleek finishes, and thoughtful design throughout.Enjoy the luxury of two dedicated parking spots, a rare find

    248 C Ave Unit 248 C Ave, Lake Oswego, OR 97034
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    $4,000

    Total Monthly Price

    • 4 Beds
    • 2.5 Baths
    • 2,590 Sq Ft
    • House for Rent

    16834 Cherry Crest Ave, Lake Oswego, OR 97034

    Peaceful Palisades HomeRelax in this serene Sunny Hill 4-bedroom, 2.5-bathroom home. Enjoy the following amenities: Updated kitchen with quartz countertop and waterfallStainless steel appliancesDouble-paned Milgard windowsMaple hardwood floors throughoutFrench doors to sunroom, leading to deck and backyardSpacious master bedroom with walk-in closet and

    16834 Cherry Crest Ave, Lake Oswego, OR 97034
  • /15

    $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 LEASENO PetsNO Smoking or VapingAVAILABLE AUGUST 15, 2026

    15315 Twin Fir Rd Unit LO Garden Apartment, Lake Oswego, OR 97035
  • /21

    $4,400

    Total Monthly Price

    • 4 Beds
    • 2 Baths
    • 2,560 Sq Ft
    • House for Rent

    1775 Kilkenny Rd, Lake Oswego, OR 97034

    For Rent: Premium 4BR/2BA Home in Top-Rated Lake Oswego SchoolsAvailable August 15th | $4,400/month | Professional Landscaping IncludedThis beautifully updated four-bedroom, two-bath home is situated on a quiet street with incredible walkability to downtown LO, George Rodgers Park, top-tier schools, New Seasons, Luscher Farm, and the new LO Rec Center. Main floor living with daylight

    1775 Kilkenny Rd, Lake Oswego, OR 97034
  • /9

    $1,895

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 950 Sq Ft
    • Condo for Rent

    7022 SW Montauk Cir Unit 7022 Montauk CIR, Lake Oswego, OR 97035

    Spacious 2 Bedroom/1 Bath condo is Pipers Run neighborhood. Quiet and peaceful. Washer and Dryer included, seasonal pool and plenty of outdoor space. Water, Sewer and Trash included in rent. Please feel free to call or email to request a showing/application.

    7022 SW Montauk Cir Unit 7022 Montauk CIR, Lake Oswego, OR 97035
  • /6

    $2,500

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 980 Sq Ft
    • Condo for Rent

    244 C Ave Unit 248, Lake Oswego, OR 97034

    Welcome to your stylish new home in one of Lake Oswego's most desirable neighborhoods! This beautifully designed studio apartment offers the perfect blend of modern comfort and cozy charm. Located in a quiet, well-maintained triplex, the unit features brand-new kitchen appliances, sleek finishes, and thoughtful design throughout.Enjoy the luxury of two dedicated parking spots, a rare find

    244 C Ave Unit 248, Lake Oswego, OR 97034
  • /13

    $1,700

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 840 Sq Ft
    • Condo for Rent

    86 Kingsgate Rd Unit H201, Lake Oswego, OR 97035

    Desirable upper end unit with extra windows and vaulted ceilings. Fresh new carpet and paint throughout. All kitchen appliances including refrigerator and new built-in microwave. Dining area has patio slider to deck and storage area, fireplace, private covered patio, deeded carport. This is a great community, Mountain Park HOA amenities, pool, recreation center, tennis and more. Well maintained

    86 Kingsgate Rd Unit H201, Lake Oswego, OR 97035
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    $4,749 Per Month

    • 3 Beds
    • 2 Baths
    • 3,005 Sq Ft
    • Unique Luxury Three Bedroom Home in Hallinan!

    1112 Erickson St, Lake Oswego, OR 97034

    Love Where You Live. Apply Today, Tour Tomorrow.Welcome to the delightful Hallinan neighborhood—a peaceful, community-oriented area known for its tree-lined streets, lush parks, and proximity to the highly rated Hallinan Elementary School. Enjoy being close to Lake Oswego’s local favorites like Cathedral Coffee, News Seasons Market, and the new Lake Oswego Rec Center. This home offers the

    1112 Erickson St, Lake Oswego, OR 97034
  • /29

    $3,799 Per Month

    • 4 Beds
    • 2.5 Baths
    • 2,112 Sq Ft
    • Stunning Four Bedroom Home w/ Lake Easement Access!

    950 Lake Front Rd, Lake Oswego, OR 97034

    Love Where You Live. Apply Today, Tour Tomorrow.Nestled in the highly desirable South Shore neighborhood of Lake Oswego, this stunning contemporary home offers the perfect blend of peaceful living and everyday convenience. Surrounded by mature trees and beautiful natural scenery, you'll enjoy quick access to downtown Lake Oswego's boutique shopping, acclaimed restaurants, waterfront

    950 Lake Front Rd, Lake Oswego, OR 97034
  • /15

    $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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    $2,600 Per Month

    • 2 Beds
    • 2 Baths
    • 1,305 Sq Ft
    • Condo for Rent

    16250 Pacific Hwy, Lake Oswego, OR 97034

    Beautifully updated 2 bedroom & 2 full bathroom condo just minutes from the heart of old town Lake Oswego & Oswego Lake. Enjoy the feel of resort living with immaculate grounds, 2 outdoor pools, lush mature landscaping & greenspaces, gym, personal storage unit, 1 assigned covered parking space, extra parking for second vehicle or guests with EV charging stations throughout the

    16250 Pacific Hwy, 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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    $4,100 Per Month

    • 5 Beds
    • 3 Baths
    • 2,650 Sq Ft
    • Coveted Old Town Lake Oswego Craftsman | Walk to George Rogers Park, Downtown Dining & Shopping

    43 Ladd St, Lake Oswego, OR 97034

    FOR MORE INFORMATION OR TO SCHEDULE A VIEWING, PLEASE CONTACT OUR LEASING TEAM @ or email 3D VIRTUAL TOUR HERE!!! Available 7/10/26!!! Rent: $4055 +$45 RBP & Insurance= $4100 5bd, 3bth, 2,650sqft 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

    43 Ladd St, Lake Oswego, OR 97034
  • /23

    $4,995 Per Month

    • 4 Beds
    • 3.5 Baths
    • 3,289 Sq Ft
    • Welcome to your dream home in the picturesque Westridge neighborhood

    18052 Hobbit Ct, Lake Oswego, OR 97034

    Welcome to your dream home in the picturesque Westridge neighborhood of Lake Oswego!This elegant 4-bedroom, 3.5-bathroom traditional colonial-style home offers the perfect blend of classic charm and modern amenities. Situated in a quiet cul-de-sac, this property is ideal for those seeking a peaceful and luxurious lifestyle.This home greets you with its grand double door entry leading to

    18052 Hobbit Ct, Lake Oswego, OR 97034
  • /22

    $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
  • /15

    $1,675 Per Month

    • 1 Bed
    • 1 Bath
    • 682 Sq Ft
    • Gorgeous & Bright 1-Bed w/ Wood-Burning Fireplace, W/D, & Private Patio!

    4637 Galewood St Unit 4637-A, Lake Oswego, OR 97035

    Galewood Commons4637 Galewood St Apartment #ALake Oswego, OR 97035Relax on your own private patio or by your wood-burning fireplace in this spacious one-bedroom flat in Lake Oswego!Galewood Commons Offers:- Private entrance with patio- Light & bright with lots of windows- Luxury vinyl plank flooring throughout- Lovely wood-burning fireplace in living

    4637 Galewood St Unit 4637-A, Lake Oswego, OR 97035
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    $1,799 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
  • /23

    $1,825 Per Month

    • 2 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • Charming Updated 2 Bed/1 Bath Condo in Tranquil Lake Oswego!

    6951 SW Montauk Cir Unit 6951, Lake Oswego, OR 97035

    Discover your perfect place in this beautifully renovated condo, nestled among majestic old-growth trees in a peaceful Lake Oswego neighborhood.This thoughtfully updated home features warm luxury vinyl plank wood-look flooring that adds a welcoming touch. Retreat to your cozy living room and unwind beside the wood-burning fireplace—perfect for chilly Pacific Northwest evenings.The

    6951 SW Montauk Cir Unit 6951, Lake Oswego, OR 97035

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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.

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 $2,545 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while single-family homes 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 $101,800 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 $2,545 per month in Lake Oswego, OR, renters typically need to show $7,635 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 30.5, 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, Oak Creek, West Portland Park and Tigard Triangle, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
48
Median Rent
$2,545
Median Single Family Home Rent
$3,700
Median Condo Rent
$1,949
How to Rent a Home