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Lake Oswego, OR Homes for Rent

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  • /22

    Starting at $2,082

    Total Monthly Price

    • 1 - 3 Beds

    5600 Meadows Rd, Lake Oswego, OR 97035

    Willow Apartments is a modern, pet-friendly apartment community in Lake Oswego, Oregon, offering luxury 1-, 2-, and 3-bedroom apartments and spacious townhomes for rent just minutes from Portland. Located in the desirable Lake Forest neighborhood, our thoughtfully designed homes feature premium finishes including stainless steel appliances, air conditioning, modern shaker-style cabinetry, quartz

    Willow Apartments

    5600 Meadows Rd, Lake Oswego, OR 97035
  • /44

    Starting at $1,740 Per Month

    • 1 - 2 Beds

    2 Jefferson Pkwy, Lake Oswego, OR 97035

    Experience the perfect blend of comfort, convenience, and natural beauty at Milo at Mountain Park in Lake Oswego. Our peaceful community offers thoughtfully designed one-bedroom, one-bedroom with loft, two-bedroom, and two-bedroom with loft apartment homes, giving you the space and flexibility to fit your lifestyle.Residents enjoy a variety of on-site amenities, including a pool and spa, BBQ

    MiLO at Mountain park

    2 Jefferson Pkwy, Lake Oswego, OR 97035
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    Starting at $1,318 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
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    Starting at $1,900

    Total Monthly Price

    • Studio - 3 Beds

    3975-4055 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

    3975-4055 Mercantile Dr, Lake Oswego, OR 97035
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    Starting at $1,477

    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
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    Starting at $2,230

    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
  • /50

    Starting at $1,455

    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
  • /53

    Starting at $1,525 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

    295 3rd St, Lake Oswego, OR 97034
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    Starting at $2,275 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 $1,731 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 $1,655 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
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    Starting at $1,695 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

    5318 Lakeview Blvd, 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
  • /20

    $4,095 Per Month

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

    17147 Warren Ct, Lake Oswego, OR 97035

    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 hardwood flooring, counters, and some new appliances. Step inside

    17147 Warren Ct, Lake Oswego, OR 97035
  • /20

    $4,700 Per Month

    • 4 Beds
    • 2.5 Baths
    • 2,750 Sq Ft
    • House for Rent

    4089 Melissa Dr, Lake Oswego, OR 97034

    As you enter this home, you are greeted with a light and bright two-story foyer that opens to a vaulted living room with a gas fireplace and large windows that fill the room with natural light. The dining room has French doors to the patio, and a fabulous kitchen/great room with a fireplace. The kitchen is any chef's dream with ample prep space, a large island with a built-in beverage

    4089 Melissa Dr, Lake Oswego, OR 97034
  • /4

    $1,250 Per Month

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

    1462 Worthington St, Lake Oswego, OR 97034

    Property Id: 2832341 OswHallinan Home for Rent Lakeego Beautiful 4-bedroom, 3-full-bath family home in the highly desirable Hallinan neighborhood of Lake Oswego. Updated throughout with a bright, open floor plan and a flat, usable backyard. Located in a wonderful family-friendly neighborhood with top-rated Lake Oswego schools and walking distance to Hallinan Elementary.

    1462 Worthington St, Lake Oswego, OR 97034
  • /20

    $4,000 Per Month

    • 4 Beds
    • 2.5 Baths
    • 3,117 Sq Ft
    • Unit

    13202 Rogers Rd, Lake Oswego, OR 97035

    This property is available. Please inquire on this site to schedule a showing. Discover an exceptional rental opportunity at 13202 Rogers Rd, a beautifully appointed home boasting a classic brick and siding exterior and a convenient two-car garage in desirable Lake Oswego. Step inside to a welcoming entryway with gleaming hardwood floors that lead to a bright living room featuring a cozy

    Unit

    13202 Rogers Rd, Lake Oswego, OR 97035
  • /8

    $1,950 Per Month

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

    47-47 D Ave Unit 31, Lake Oswego, OR 97034

    Discover this well-appointed 1-bedroom, 1-bath townhouse in downtown Lake Oswego. The unit features wood flooring throughout, in-unit washer/dryer, and air conditioning for added comfort. Situated within walking distance of downtown shops and dining, this residence offers convenient access to local amenities and a stylish, low-maintenance living environment.Features Include:• 1

    47-47 D Ave Unit 31, Lake Oswego, OR 97034
  • /20

    $6,995 Per Month

    • 4 Beds
    • 3.5 Baths
    • 3,750 Sq Ft
    • House for Rent

    18132 Westview Dr, Lake Oswego, OR 97034

    Beautiful Lake Oswego Retreat with Private Sports Court! Experience the pinnacle of Pacific Northwest living in this expansive, light-filled home nestled in the heart of Westview Estates. Seamlessly blending timeless sophistication with modern, high-end amenities, this home is designed for both entertaining and effortless daily living. The Grand Entrance: A vaulted entryway flooded

    18132 Westview Dr, Lake Oswego, OR 97034
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    $10,364

    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 $10,365/month is the lowest available price, based on a 1 month(s) stay with a move-in date of April 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
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    $3,500

    Total Monthly Price

    • 2 Beds
    • 2.5 Baths
    • 1,400 Sq Ft
    • Townhouse for Rent

    639 1st St, Lake Oswego, OR 97034

    PARK YOUR CAR IN THE GARAGE AND BEGIN TO WALK...Fully furnished all kitchen supplies and equipment, with four large screen TV's just bring a suitcase and linen. We are the best 2 bedroom home in the desirable First Addition Lake Oswego, Oregon neighborhood. This townhome can service as your primary residence, weekend get away or an investment property. Again...Located just a few blocks from the

    639 1st St, Lake Oswego, OR 97034
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    $9,500

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 2,250 Sq Ft
    • House for Rent

    570 Middlecrest Rd, Lake Oswego, OR 97034

    This is an elegant, midcentury modern in the heart of Lake Oswego. Great location, less than half a mile to downtown - walk to EVERYTHING! Farmer's Markets, Restaurants, Groceries, plus Oswego Lake and the Willamette. The tastefully appointed home is filled with natural light through soaring windows and plentiful skylights. Chef's kitchen with six burner viking range, convection oven, french door

    570 Middlecrest Rd, Lake Oswego, OR 97034
  • /30

    $1,495

    Total Monthly Price

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

    1245 Englewood Dr Unit Barn Studio, Lake Oswego, OR 97034

    Charming Private Studio in Pastoral SettingThis studio is in a private, detached building in a quiet setting with a beautiful view. It is on two acres in Lake Oswego. It is just under 500 sq. feet and is off of Boones Ferry Road and SW 19th Ave. It is 2.4 miles to Lewis and Clark College, 6 miles to OHSU, and a short walk to Tryon Creek State Park and Oswego Town Square, which includes

    1245 Englewood Dr Unit Barn Studio, Lake Oswego, OR 97034
  • /5

    $1,395

    Total Monthly Price

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

    50 Northshore Rd Unit 9, 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 9, Lake Oswego, OR 97034
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    $2,350 Per Month

    • 2 Beds
    • 2 Baths
    • 1,350 Sq Ft
    • House for Rent

    750 1st St, Lake Oswego, OR 97034

    APPLY NOW: 240 - 1st Enjoy the best of downtown Lake Oswego from this spacious, fully remodeled 2-bedroom, 2-bath condo. With approximately 1,350 square feet, a huge covered deck, beautiful elevated views, and a location just blocks from downtown, this home offers a wonderful combination of space, comfort, and convenience.Inside, the large living and dining area feels bright and

    750 1st St, Lake Oswego, OR 97034
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    $3,995 Per Month

    • 3 Beds
    • 3 Baths
    • 2,200 Sq Ft
    • House for Rent

    4581 Heritage Ln, Lake Oswego, OR 97035

    Pets under 25 pounds ok. Located on a gorgeous tree lined street minutes from Waluga Park, sits this 3 bedrooms, + office area, 2.1 bath home. Enjoy a cup of coffee on the oversize mahogany deck. Take in the peace and quiet while looking down on the park like backyard. Step inside and you'll be greeted with vaulted ceilings, formal living & dining room, and hardwood floors. The kitchen

    4581 Heritage Ln, Lake Oswego, OR 97035
  • /16

    $3,400 Per Month

    • 3 Beds
    • 2 Baths
    • 1,050 Sq Ft
    • House for Rent

    6401 SW Mcewan Rd, Lake Oswego, OR 97035

    This is a must see - beautifully updated this one level 3-bedroom, 2 full bathroom home on .23 level acre is ready for you - R10 zoning with lots of possibilities! New roof - complete tear off with new plywood, new gutters, beautiful new driveway! New exterior paint, new landscaping. Inside - new flooring, new kitchen cabinets, new appliances, updated bathrooms, new doors, new trim new interior

    6401 SW Mcewan Rd, Lake Oswego, OR 97035
  • /16

    $1,575 Per Month

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

    11 Crestfield Ct, Lake Oswego, OR 97035

    Freshly remodeled 1 bedroom, 1 bath condo in desirable Lake Oswego, located in a quiet neighborhood within a well-maintained community. The home has been thoughtfully updated with modern finishes and comfortable living spaces. The brand-new kitchen features stainless steel appliances, while a new A/C system provides year-round comfort. The updated bathroom and abundant storage add

    11 Crestfield Ct, Lake Oswego, OR 97035
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    $5,500 Per Month

    • 6 Beds
    • 4 Baths
    • 4,141 Sq Ft
    • House for Rent

    17151 Wall St, Lake Oswego, OR 97034

    You will fall in love with this glorious home located in the highly desirable Palisades Terrace neighborhood in quaint and sought after Lake Oswego. Perfectly positioned near exceptional schools, charming downtown with it's bevy of restaurants, shopping and parks and close freeway access.As you enter, be greeted by the fresh neutral color palette. The grand living room sits just off the

    17151 Wall St, Lake Oswego, OR 97034
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    $4,500 Per Month

    • 4 Beds
    • 3.5 Baths
    • 3,650 Sq Ft
    • House for Rent

    12793 SW Sierra Vista Dr, Lake Oswego, OR 97035

    Welcome to this beautifully maintained 4-bedroom, 3.5-bath Westlake Traditional, featuring a flat, private backyard perfect for both relaxation and year-round entertaining. A spacious paver patio and charming gazebo offer the ideal setting for outdoor gatherings in any season. Sliding glass doors from the main living area lead seamlessly to the backyard, enhancing indoor-outdoor living

    12793 SW Sierra Vista Dr, Lake Oswego, OR 97035
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    $5,150 Per Month

    • 4 Beds
    • 3 Baths
    • 3,143 Sq Ft
    • House for Rent

    4113 Wolf Berry Ct, Lake Oswego, OR 97035

    Beautiful 4 bedroom 3 bathroom Single Family Home located in the West Lake Neighborhood of Lake Oswego! This 3 story home has an open layout with vaulted celings. The windows offer natural light throughout the home. The upstairs hosts 4 Bedrooms and 2 Bathrooms. The primary bedroom features a walk-in closed and attatched full bathroom. On the second floor the Kitchen features many ammenities

    4113 Wolf Berry Ct, Lake Oswego, OR 97035
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    $2,200 Per Month

    • 2 Beds
    • 2.5 Baths
    • 1,182 Sq Ft
    • House for Rent

    4075 Jefferson Pkwy, Lake Oswego, OR 97035

    Situated in highly desirable Lake Oswego, this two bedroom home gives off the perfect mid-century modern vibe while still creating a cozy environment. Enter your sunken living area (featuring brand new vinyl plank flooring!) to find vaulted ceilings, vintage wet bar, and wood burning fireplace! The huge patio doors allow tons of natural light in and enjoy have a balcony with great sunlight. Don't

    4075 Jefferson Pkwy, Lake Oswego, OR 97035
  • /35

    $4,500 Per Month

    • 4 Beds
    • 3 Baths
    • 2,428 Sq Ft
    • House for Rent

    1970 Greentree Rd, Lake Oswego, OR 97034

    Two weeks prorated rent with signed lease for September. Call today to schedule a showing! Tucked into nearly an acre of park-like grounds in the heart of Palisades, this beautifully updated 4-bedroom, 3 bath home blends open, light-filled living with total privacy. The main level centers on a bright, airy great room built for entertaining, flowing into a fully remodeled chef's kitchen

    1970 Greentree Rd, Lake Oswego, OR 97034
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    $4,800 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,790 Sq Ft
    • House for Rent

    35 Oriole Ln, Lake Oswego, OR 97035

    Ask us about our Short Term Available PROPERTY ADDRESS: 35 Oriole Ln.Lake Oswego, OR 97035COUNTY: MultnomahCOMMUNITY: Mountain ParkAPPROX. Sq. Ft: 1790BEDROOMS: 3BATHROOMS: 2.5LEASE TERMS: 6-12 Months Available SCREENING CHARGE: $55 per adultA separate check is required for screening chargesDESCRIPTION:Welcome to

    35 Oriole Ln, Lake Oswego, OR 97035
  • /33

    $1,890 Per Month

    • 2 Beds
    • 1 Bath
    • 921 Sq Ft
    • House for Rent

    44 Crestfield Ct, Lake Oswego, OR 97035

    Welcome to 44 Crestfield Ct., a light and inviting upper-level end-unit condo offering 2 bedrooms, 1 bathroom, and 921 square feet of comfortable living space in Lake Oswego’s desirable Mountain Park community. With vaulted ceilings, a private deck overlooking the beautifully maintained community grounds, and access to an impressive collection of neighborhood amenities, this home offers the

    44 Crestfield Ct, Lake Oswego, OR 97035
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    $1,750 Per Month

    • 2 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • 6951-6957 Montauk Circle

    6951-6957 SW Montauk Cir Unit 6951, Lake Oswego, OR 97035

    Updated 2-bedroom, 1-bath ground-floor condo in a quiet, wooded Lake Oswego community. The unit features an open living and dining area with hard-surface flooring, a fireplace, and a back entrance that opens to a peaceful, forested setting.Washer/dryer hookups are conveniently located near the kitchen. The community also offers a seasonal swimming pool and well-maintained common areas.

    6951-6957 SW Montauk Cir Unit 6951, Lake Oswego, OR 97035
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    $2,995 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,202 Sq Ft
    • Condo for Rent

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

    **YOUR FIRST MONTH FREE!!**Introducing our brand-new 3-bedroom, 2.5-bathroom unit. This beautifully designed, newly constructed home offers modern living in a desirable Portland neighborhood.The home features a spacious and thoughtfully designed layout with contemporary finishes throughout. Stay comfortable year-round with mini-split systems providing both heating and air

    11580 SW 47th Ave Unit A, Portland, OR 97219
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    $4,100 Per Month

    • 5 Beds
    • 3 Baths
    • 2,650 Sq Ft
    • House for Rent

    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 Now!!! 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 distance

    43 Ladd St, Lake Oswego, OR 97034
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    $1,995 Per Month

    • 2 Beds
    • 2 Baths
    • 1,160 Sq Ft
    • House for Rent

    248 Cervantes, Lake Oswego, OR 97035

    DESCRIPTION:Enjoy comfortable living in this spacious 2-bedroom, 2-bathroom townhome nestled in the highly desirable Mountain Park area of Lake Oswego. Offering 1,160 square feet of living space across two levels, this home features an open floor plan with vaulted ceilings, large windows, and abundant natural light throughout. Cozy up by the wood-burning fireplace or take in the peaceful

    248 Cervantes, Lake Oswego, OR 97035
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    $5,500 Per Month

    • 4 Beds
    • 3 Baths
    • 3,527 Sq Ft
    • House for Rent

    860 S Skyland Dr, Lake Oswego, OR 97034

    Perched on a private hillside in the coveted Skylands neighborhood, this exceptional residence captures breathtaking panoramic views of Mt. St. Helens, the Willamette River, and the rolling valley beyond. Beautifully updated with timeless finishes and designed to embrace its spectacular setting, this home offers a rare combination of privacy, natural beauty, and modern luxury.Walls of

    860 S Skyland Dr, Lake Oswego, OR 97034

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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 $3,500 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while townhouses and 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 $140,000 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 $3,500 per month in Lake Oswego, OR, renters typically need to show $10,500 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 23.0, 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 Palisades, Waluga, Mountain Park, Arnold Creek and Evergreen, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
46
Median Rent
$3,500
Median Single Family Home Rent
$4,095
Median Townhouse Rent
$2,548
Median Condo Rent
$1,895
How to Rent a Home