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 June 2026, 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 32.8% ($518) higher than the Oregon average of $1,580 and 16.8% ($301) higher than the U.S. average of $1,797.

Average Rent
$2,098
Monthly ChangeMonth Over Month Change
Decreased2.3% ($49)
Yearly ChangeYear Over Year Change
Decreased6.4% ($144)
Avg. Days on MarketAverage Days on Market
26
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,731 Increased1.5% ($26) Increased2.1% ($35)
2 Beds $2,135 Increased0.3% ($6) Increased4.5% ($91)
3 Beds $2,902 Increased0.3% ($9) Increased10.4% ($274)
Nearby Cities Average Rent Avg. Rent vs. Lake OswegoAverage Rent vs. Lake Oswego Avg. Days on MarketAverage Days on Market
Tualatin $1,604 Decreased23.5% ($494) 30 days
West Linn $1,436 Decreased31.6% ($662) 30 days
Gladstone $1,536 Decreased26.8% ($562) 30 days
Beaverton $1,570 Decreased25.2% ($528) 30 days
Portland $1,467 Decreased30.1% ($631) 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 $2,098 per month.
Apartments in Lake Oswego typically rent for between $1,212 and $3,773 per month, with an average of $2,098 per month.
In Lake Oswego, the average rent for a 1-bedroom apartment is $1,731 per month, for a 2-bedroom apartment, $2,135 per month, and a 3-bedroom apartment is $2,902 per month.
The average rent in Lake Oswego is 16.8% ($301) higher than the national average of $1,797 per month.
The average rent in Lake Oswego has decreased by 2.3% ($49) in the last month and decreased by 6.4% ($144) 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 37 rental properties available in Lake Oswego, OR.
Based on the current averages, a household would need an annual income of $85,400 to comfortably afford a 2-bedroom apartment in Lake Oswego.
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