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Newest Homes for Rent in Lake Oswego, OR

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    Starting at $1,511

    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
  • /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
  • /36

    Starting at $1,332 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
  • /22

    Starting at $1,764

    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
  • /39

    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
  • /105

    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 $1,525 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 $1,468

    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
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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
  • /14

    $2,850 Per Month

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

    1430 SW Englewood Dr Unit B, Lake Oswego, OR 97034

    The Beck | Secluded Nature Retreat in Lake Oswego, OR Description Welcome to The Beck, a serene and spacious apartment home nestled on a private 2-acre property in Lake Oswego. Surrounded by nature and distant from the city's bustle, this fully furnished 1-bedroom, 1-bathroom retreat offers privacy, comfort, and stunning views—while remaining conveniently located for commuting anywhere

    1430 SW Englewood Dr Unit B, Lake Oswego, OR 97034
  • /44

    Starting at $1,695 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
  • /18

    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
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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
  • /28

    $3,500 Per Month

    • 4 Beds
    • 3 Baths
    • 2,246 Sq Ft
    • House for Rent

    1480 Hemlock St, Lake Oswego, OR 97034

    4 bedroom, 3 bath home in the desirable McVey South Shore neighborhood, minutes from parks, Oswego Lake, shopping, and schools. The main level includes a spacious living room with vaulted ceilings, the primary bedroom and two additional bedrooms. The lower level features a second living room and the 4th bedroom. Additional amenities include vaulted ceilings throughout, central

    1480 Hemlock St, Lake Oswego, OR 97034
  • /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
  • /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
  • /27

    $2,299 Per Month

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

    750 1st St, Lake Oswego, OR 97034

    APPLY NOW: 240 - 1st MOVE-IN SPECIAL: $500 OFF 1ST MONTHS RENT!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

    750 1st St, Lake Oswego, OR 97034
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    $2,995 Per Month

    • 2 Beds
    • 1 Bath
    • 1,267 Sq Ft
    • House for Rent

    16661 SW Lake Forest Blvd, Lake Oswego, OR 97035

    Furnished Lake Oswego Retreat with Vaulted Ceilings & Serene Backyard Views! Welcome home to this beautifully furnished 2-bedroom, 1-bath home in desirable Lake Oswego! Featuring vaulted ceilings, skylights, and an open-concept layout, this home is filled with natural light and offers a warm, inviting atmosphere. The spacious living and dining areas flow seamlessly into the kitchen and

    16661 SW Lake Forest Blvd, 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: 869693 Terrific 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 of

    47 Eagle Crest Dr, Lake Oswego, OR 97035
  • /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
  • /29

    $2,500 Per Month

    • 2 Beds
    • 2.5 Baths
    • 1,208 Sq Ft
    • House for Rent

    3433 SW Mcnary Pkwy, Lake Oswego, OR 97035

    Enjoy $1,000 off your first month's rent, along with peaceful, quiet living and convenience in this beautiful, bright 2-bedroom/2.5-bath condo in Lake Oswego. Nestled in the forest, this lovely home offers safe surroundings, pretty views, and a community clubhouse—complete with a pool and gym—and the prefect blend of nature and nearby shopping.Take the wood walkway to the front door and

    3433 SW Mcnary Pkwy, Lake Oswego, OR 97035
  • /20

    $3,900 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
  • /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
  • /18

    $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
  • /32

    $5,245 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
  • /3

    $1,795 Per Month

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

    16250 Pacific Hwy Unit 16250, Lake Oswego, OR 97034

    Fabulous remodeled and redesigned one level just a few blocks south of downtown Lake Oswego & a quick walk to George Roger's Park. Large living room with sliding glass doors to a deck that runs the length of the whole condominium! Stainless appliances. Huge living room with dramatic fireplace with raised hearth. Secured building. 1 outdoor parking space. Close to downtown Lake Oswego shopping,

    16250 Pacific Hwy Unit 16250, 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
  • /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
  • /74

    $4,995 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
  • /13

    $3,000

    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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    $5,500 Per Month

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

    17151 Wall St, Lake Oswego, OR 97034

    Prepare to fall in love with this exceptional residence in the highly desirable Palisades Terrace neighborhood of Lake Oswego, where refined living, thoughtful design, and an enviable location come together beautifully. Ideally positioned near outstanding schools, charming downtown Lake Oswego, an array of acclaimed restaurants and shops, beautiful parks, and convenient freeway access, this home

    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
  • /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
  • /50

    $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
  • /41

    $4,295 Per Month

    • 3 Beds
    • 2 Baths
    • 1,894 Sq Ft
    • House for Rent

    200 SW Burnham Rd, Lake Oswego, OR 97034

    Welcome to Unit 311 at Lake Oswego Terraces, an exceptional opportunity to rent the largest residence in the community. This beautifully remodeled 3-bedroom, 2-bathroom condominium offers 1,894 square feet of thoughtfully designed single-level living with breathtaking panoramic views of the Willamette River from nearly every room.Completely remodeled in 2025, this exceptional home blends

    200 SW Burnham Rd, 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
  • /27

    $1,995 Per Month

    • 2 Beds
    • 2 Baths
    • 1,160 Sq Ft
    • 248-254 Cervantes

    248-254-254 Cervantes Cir Unit 248, 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

    248-254-254 Cervantes Cir Unit 248, 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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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 $3,200 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 $128,000 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 $3,200 per month in Lake Oswego, OR, renters typically need to show $9,600 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 24.8, 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 Mountain Park, Arnold Creek, Evergreen, Oak Creek and West Portland Park, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
47
Median Rent
$3,200
Median Single Family Home Rent
$3,995
Median Townhouse Rent
$2,200
Median Condo Rent
$1,950
How to Rent a Home