Apartments for Rent in Lake Oswego, OR

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What to Know About

Life in Lake Oswego & Beyond

Lake Oswego shares many of the great qualities that make Oregon a desirable place to live.

Oregon is where stunning landscapes meet majestic mountains. Immerse yourself in the state's rich history and heritage by visiting the Oregon Museum of Science and Industry, the Portland Art Museum, and the Oregon Historical Society. Or further your education at top-ranked universities like the University of Oregon and Oregon State University. Oregon's diverse and growing economy, driven by technology, agriculture, and tourism, offers ample employment opportunities.

The state offers a rich landscape for outdoor enthusiasts, from skiing in the Cascade Mountains and hiking the Columbia River Gorge to exploring the rugged Oregon Coast. Sports fans can also cheer for the Portland Trail Blazers (NBA) or take in a game at Autzen Stadium or Moda Center. Discover famous attractions like the International Rose Test Garden, Powell's City of Books, and the breathtaking Crater Lake National Park. And remember to take in the spectacular views of the Oregon Coast, which stretches for 363 miles along the Pacific Ocean.

With its scenic natural wonders, vibrant culture, and endless opportunities for adventure, Oregon is the perfect place to call home.

Rental Market Trends

Lake Oswego, OR

As of July 2025, Lake Oswego's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Lake Oswego's average rent is 52.3% ($866) higher than the Oregon average of $1,656 and 42.1% ($747) higher than the U.S. average of $1,775.

Average Rent
$2,522
Monthly ChangeMonth Over Month Change
Increased12.5% ($280)
Yearly ChangeYear Over Year Change
Decreased1.3% ($33)
Avg. Days on MarketAverage Days on Market
26
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,710 Increased0.8% ($14) Decreased4% ($71)
2 Beds $2,148 Increased5.1% ($104) Increased2.1% ($44)
3 Beds $2,831 Increased7.7% ($203) Decreased8% ($245)
Nearby Cities Average Rent Avg. Rent vs. Lake OswegoAverage Rent vs. Lake Oswego Avg. Days on MarketAverage Days on Market
Tualatin $1,904 Decreased24.5% ($618) 30 days
West Linn $1,469 Decreased41.8% ($1053) 30 days
Gladstone $1,725 Decreased31.6% ($797) 30 days
Beaverton $1,624 Decreased35.6% ($898) 30 days
Portland $1,446 Decreased42.7% ($1076) 33 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Lake Oswego Rental Market FAQs

Explore rental prices, market trends, and availability in Lake Oswego, OR.

The average rent in Lake Oswego, OR is $2,522 per month.
Apartments in Lake Oswego typically rent for between $1,197 and $3,680 per month, with an average of $2,522 per month.
In Lake Oswego, the average rent for a 1-bedroom apartment is $1,710 per month, for a 2-bedroom apartment, $2,148 per month, and a 3-bedroom apartment is $2,831 per month.
The average rent in Lake Oswego is 42.1% ($747) higher than the national average of $1,775 per month.
The average rent in Lake Oswego has increased by 12.5% ($280) in the last month and decreased by 1.3% ($33) over the past year.
The rental market in Lake Oswego, OR, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Lake Oswego, OR, the average rental stays on the market for approximately 26 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 51 rental properties available in Lake Oswego, OR.
Based on the current averages, a household would need an annual income of $85,920 to comfortably afford a 2-bedroom apartment in Lake Oswego.
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