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Newest Homes for Rent in Lake Oswego, OR

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    Starting at $1,535

    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
  • /37

    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
  • /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

    (971) 251-4596

    215 Greenridge Dr, Lake Oswego, OR 97035
  • /51

    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
  • /35

    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
  • /55

    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
  • /41

    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
  • /35

    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
  • /46

    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
  • /52

    $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
  • /11

    $2,595 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,351 Sq Ft
    • House for Rent

    4 Touchstone, Lake Oswego, OR 97035

    Discover this modern 3-bedroom, 2.5-bath home in Lake Oswego, OR. The kitchen features wood flooring, stainless steel appliances, and a practical layout designed for everyday cooking. A charming balcony offers the perfect space for fresh-air moments, while the carpeted bedrooms provide added comfort. Thoughtful finishes and a convenient floor plan come together to create a comfortable living

    4 Touchstone, Lake Oswego, OR 97035
  • /10

    $3,499 Per Month

    • 4 Beds
    • 2.5 Baths
    • 2,133 Sq Ft
    • Wonderful Four Bedroom Home in Westlake!

    5099 Greensborough Ct, Lake Oswego, OR 97035

    Love Where You Live. Apply Today, Tour Tomorrow.Westlake is a vibrant neighborhood right next to Kruse Village, a bustling hub with a variety of restaurants, a cozy coffee shop, and diverse retail options. The community is home to Westlake Park, which boasts three ball fields, a soccer field, and serves as a venue for lively summer concerts. Ideally situated just a few miles from I-5,

    5099 Greensborough Ct, Lake Oswego, OR 97035
  • /11

    $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
  • /23

    $1,750 Per Month

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

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

    MOVE-IN SPECIAL: SECURITY DEPOSIT $1,000!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

    6951 SW Montauk Cir Unit 6951, Lake Oswego, OR 97035
  • /12

    $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
  • /18

    $1,800 Per Month

    • 2 Beds
    • 1 Bath
    • 990 Sq Ft
    • Lake Oswego Condo 2 Bed 1 Bath!

    15938 Quarry Rd Unit 5A, Lake Oswego, OR 97035

    Beautifully updated two-bedroom, one-bath apartment located in the desirable Lake Grove area of Lake Oswego. Situated on the second floor, this home features both interior and exterior renovations that give it a fresh, modern feel.Enjoy the convenience of being within walking distance to two supermarkets, charming Italian coffee shops, and a wide variety of restaurants. The home includes two

    15938 Quarry Rd Unit 5A, Lake Oswego, OR 97035
  • /77

    $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
  • /21

    $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
  • /40

    $3,500 Per Month

    • 3 Beds
    • 2 Baths
    • 1,714 Sq Ft
    • Newly Remodeled Lake Oswego Cottage With Lake Access.

    17348 Bryant Rd, Lake Oswego, OR 97035

    This wonderful 1940’s home has just had a a major remodel where just about every surface has been redone. From the outside new fencing and lighting to the inside new kitchen and bathrooms, carpet, refinished hardwoods, paint, fixtures and more. Located in the highly desirable Canal District of Lake Oswego, the renter may enjoy lake access by joining either the Blue Heron Easement or the

    17348 Bryant Rd, Lake Oswego, OR 97035
  • /20

    $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
  • /16

    $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
  • /13

    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
  • /38

    $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
  • /26

    $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
  • /11

    $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
  • /20

    $2,995 Per Month

    • 3 Beds
    • 1 Bath
    • 1,166 Sq Ft
    • House for Rent

    18609 Kristi Way, Lake Oswego, OR 97035

    Escape the cookie-cutter Portland-area real estate elsewhere and truly enjoy all that Lake Oswego has to offer. Spread roots in a truly one-of-a-kind LO neighborhood from the 1960s with this particular 1966-Built-House completely loaded with upgrades. 3-bed, 1-Full-Bath, 2-Car Custom Garage, Nearly-Impossible-to-Find Parking, Driveway, Street (RV? Parking, etc.), Exterior Yards, Gates, and

    18609 Kristi Way, Lake Oswego, OR 97035
  • /32

    $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
  • /21

    $2,500 Per Month

    • 3 Beds
    • 2 Baths
    • 1,260 Sq Ft
    • Remodeled 3BR in Mountain Park | Primary Suite + Deck | Lake Oswego

    304 Cervantes Unit 304, Lake Oswego, OR 97035

    Welcome to 304 Cervantes —an updated 3-bedroom apartment located in the highly desirable Mountain Park neighborhood of Lake Oswego! This recently remodeled home offers modern finishes, hardwood flooring, and a bright, comfortable layout designed for everyday living.The kitchen and bathrooms have been refreshed with updated fixtures and finishes, creating a clean, contemporary feel

    304 Cervantes Unit 304, Lake Oswego, OR 97035
  • /18

    $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
  • /35

    $6,500 Per Month

    • 3 Beds
    • 1.5 Baths
    • 1,000 Sq Ft
    • Townhouse for Rent

    688 Mcvey Ave, Lake Oswego, OR 97034

    The Ryanne | Lakefront Luxury in Lake Oswego, ORWelcome to The Ryanne, a rare waterfront retreat perched directly on the shores of Lake Oswego. This fully furnished 3-bedroom, 2-bathroom executive home is more than a residence—it's a lifestyle experience. With floor-to-ceiling sliding glass doors that open to a private floating deck, this home blends natural tranquility with modern luxury

    688 Mcvey Ave, Lake Oswego, OR 97034
  • /14

    $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
  • /26

    $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
  • /29

    $3,100 Per Month

    • 3 Beds
    • 3 Baths
    • 2,285 Sq Ft
    • House for Rent

    4312 Botticelli, Lake Oswego, OR 97035

    APPLY NOW: Botticelli StreetWelcome to this stunning 3 bedroom, 4 bathroom townhouse located in the desirable Mountain Park area of Lake Oswego, OR. This home features beautiful hardwood floors throughout, a spacious balcony/deck perfect for enjoying the outdoors, and large windows that let in plenty of natural light. Stay comfortable year-round with central air conditioning and cozy up

    4312 Botticelli, Lake Oswego, OR 97035
  • /30

    $2,750 Per Month

    • 3 Beds
    • 1 Bath
    • 1,410 Sq Ft
    • House for Rent

    18021 SW Tualata Ave, Lake Oswego, OR 97035

    To schedule a showing, scan QR code in pictures, click the link below or copy and paste it into your browser. Coming Really Soon!! Enjoy total privacy in this fully remodeled home, tucked away on a secluded flagged lot. Featuring modern high-end and energy-efficient climate control, this residence offers a fresh, "like-new" living experience in one of Oregon's most premier

    18021 SW Tualata Ave, Lake Oswego, OR 97035
  • /22

    $1,750 Per Month

    • 2 Beds
    • 1 Bath
    • 750 Sq Ft
    • Lake Oswego 2 Bedroom Condo with $500 Move-In Incentive – Utilities Included!

    7060 SW Montauk Cir, Lake Oswego, OR 97035

    **$500.00 move in credit applies to first month rent**Beautifully updated 2 bed, 1 bath second-floor condo in a desirable neighborhood in Lake Oswego. The home features brand new hard-surface flooring, fresh interior paint, and a fully remodeled bathroom with modern finishes. Washer/Dryer Hook-up (Electric). Located in a well-maintained HOA community with access to a seasonal pool and

    7060 SW Montauk Cir, Lake Oswego, OR 97035
  • /40

    $6,245 Per Month

    • 5 Beds
    • 3.5 Baths
    • 4,216 Sq Ft
    • Sun-Filled 5-Bedroom Retreat Near Parks & River

    19422 SW Lorna Ln, Lake Oswego, OR 97035

    Feel like you’re on vacation every day in this stunning Northwest showpiece, masterfully crafted with exceptional attention to detail. Nestled in one of Lake Oswego’s most sought-after neighborhoods, this expansive 5-bedroom, 3.5-bath residence offers 4,216 square feet of beautifully designed living space on a private, sun-drenched 10,620 sq ft lot.Thoughtfully designed for both everyday

    19422 SW Lorna Ln, Lake Oswego, OR 97035
  • /18

    $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
  • /44

    $1,995 Per Month

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

    4000 Carman Dr, Lake Oswego, OR 97035

    Step into style and comfort with this stunning 1-bedroom + loft, 1-bathroom condo in the heart of Lake Oswego. Offering an airy open floor plan, high ceilings, and abundant natural light, this home is perfect for those seeking modern living in a prime location.Features You’ll Love:Spacious living area with cozy fireplaceUpdated Kitchen: Modern and Stylish.Loft space ideal for

    4000 Carman Dr, Lake Oswego, OR 97035
  • /14

    $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
  • /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

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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 $2,995 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 $119,800 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 $2,995 per month in Lake Oswego, OR, renters typically need to show $8,985 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 25.9, 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

Rental Home Trends

Number of Homes for Rent
51
Median Rent
$2,995
Median Single Family Home Rent
$3,200
Median Townhouse Rent
$6,500
Median Condo Rent
$2,500
How to Rent a Home