Lake Oswego, OR Homes for Rent

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  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

  (360) 334-3372

  

  3975 Mercantile Dr, Lake Oswego, OR 97035
• Explore Lake Oswego

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  Starting at $1,457

  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
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  Starting at $1,520 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 $1,798

  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 $2,485

  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 $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

  (971) 612-8784

  15948 Quarry Rd, Lake Oswego, OR 97035
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  Starting at $1,600 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 $1,295

  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

  (971) 251-4596

  

  215 Greenridge Dr, Lake Oswego, OR 97035
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  Starting at $1,995 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 $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 $1,802 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 $1,795 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) 287-6714

  5318 Lakeview Blvd, Lake Oswego, OR 97035
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  $9,824

  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 $9,825/month is the lowest available price, based on a 1 month(s) and 1 day(s) stay with a move-in date of February 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

  (971) 265-6801

  4025 Mercantile Dr Unit SI FL4-ID1272833P, Lake Oswego, OR 97035
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  $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

  (971) 265-4737

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

  (971) 370-7628

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

  (971) 232-5290

  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

  (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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  $3,495 Per Month

  • 3 Beds
  • 2.5 Baths
  • 2,100 Sq Ft
  • House for Rent

  4470 Lakeview Blvd, Lake Oswego, OR 97035

  This home features an open floor plan with expansive windows creating a bright and airy atmosphere. The upstairs living room includes a wood-burning fireplace and a sliding glass door that opens to a covered deck, perfect for year-round enjoyment. The kitchen is fully equipped with modern appliances, a wine fridge, and attractive above-cabinet lighting. Also on the main level, you'll find a

  (503) 479-4145

  4470 Lakeview Blvd, 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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  $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

  (971) 259-7793

  12375 Mt Jefferson Terrace Unit 10E, 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 9B, 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

  (971) 395-5440

  12375 Mt Jefferson Terrace Unit 9B, Lake Oswego, OR 97035
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  $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

  (971) 368-6805

  12375 Mt Jefferson Terrace Unit 10B, Lake Oswego, OR 97035
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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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  $2,995 Per Month

  • 3 Beds
  • 2.5 Baths
  • 1,680 Sq Ft
  • House for Rent

  4128 SW Vesta St, Portland, OR 97219

  To schedule a showing please scan the QR Code in the listing photos or click the link below/copy and paste into your browser:This spacious and open two-level home is located in the West Portland Park neighborhood. Beautiful hardwood floors throughout. The living area with vaulted ceilings and large new energy efficient windows add to the light and bright feeling. The dining area is

  (503) 343-5545

  4128 SW Vesta St, Portland, OR 97219
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  $1,835

  Total Monthly Price

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

  6765 Montauk Cir Unit 6765, Lake Oswego, OR 97035

  Just remodeled with with stylish new cabinets, LVP flooring, lights, and new paint throughout the unit! Spacious 2 bedroom, 1 bath apartment in quiet, wooded Piper's Run community with a swimming pool across the street! Washer and dryer in the unit, private enclosed deck overlooking the backyard, and an off street parking space. Top level, second floor apartment.There is so much to do

  6765 Montauk Cir Unit 6765, Lake Oswego, OR 97035
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  $1,675

  Total Monthly Price

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

  7105 Montauk Cir Unit 7105, Lake Oswego, OR 97035

  Pipers Run 1st-floor unit. New laminate flooring throughout, new vinyl windows, Washer/dryer hookups in the unit, Lake Oswego Schools. Cats/small dogs ok with additional deposit and $30 pet rent/per pet. Breed restrictions apply. Application/Credit Check fee is $40 per adult.1-year lease term, extended lease term available. owner pays for water, garbage, and sewer. Tenant pays for

  7105 Montauk Cir Unit 7105, Lake Oswego, OR 97035
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  $4,300

  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
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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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  $1,695

  Total Monthly Price

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

  27 E Ave Unit B, Lake Oswego, OR 97034

  This is a fully renovated lower apartment that overlooks Tryon state park. Vaulted ceiling in living room, all new appliances, flooring and fixtures. Utilities included are water, sewer and electricity. Utilities paid by tenant are internet and garbage. This unit has a very private and peaceful setting.

  27 E Ave Unit B, Lake Oswego, OR 97034
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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 LEASENO PetsNO Smoking or VapingAVAILABLE AUGUST 15, 2026

  15315 Twin Fir Rd Unit LO Garden Apartment, Lake Oswego, OR 97035
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  $2,550

  Total Monthly Price

  • 2 Beds
  • 1.5 Baths
  • 1,176 Sq Ft
  • Townhouse for Rent

  37 Greenridge Ct, Lake Oswego, OR 97035

  Unique Mountain Park Townhouse opportunity! Single level 2 bedroom, 1.5 bath, corner townhouse, with only one shared-wall neighbor. Two private outdoor spaces (courtyard and back deck), with community pool and 2 car garage for ample storage. The townhouse is ideally located in peaceful Greenridge community, just steps from Oswego Towne Square's shops and restaurants (New Seasons Market,

  37 Greenridge Ct, 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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  $4,749 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
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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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  $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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  $3,000 Per Month

  • 3 Beds
  • 1 Bath
  • 912 Sq Ft
  • Updated Lake Oswego Home with Hardwood Floors, Large Deck & Owner-Paid Landscaping

  6053 SW Fernbrook St, Lake Oswego, OR 97035

  Welcome home to this beautifully maintained 3-bedroom, 1-bath single-family home in a desirable Lake Oswego neighborhood. This charming home features maple hardwood floors, stainless steel appliances, French doors, abundant natural light, and a large wood deck perfect for relaxing or entertaining.Recent improvements include a brand-new roof, and the home offers a spacious two-car garage,

  6053 SW Fernbrook St, Lake Oswego, OR 97035
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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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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 $2,550 per month, though prices vary by neighborhood, size, and property type. As of June 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 $102,000 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 $2,550 per month in Lake Oswego, OR, renters typically need to show $7,650 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 30.4, 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 Trends in Lake Oswego, OR

There are currently 54 homes available for rent in Lake Oswego, OR. The median rent is $2,550 per month, with single-family homes renting at $3,000, townhouses at $6,500 and condos at $1,695.

Rental Home Trends

Number of Homes for Rent 54	Median Rent $2,550
Median Single Family Home Rent $3,000	Median Townhouse Rent $6,500
Median Condo Rent $1,695