Lake Oswego

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Lake Oswego, OR

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Nature mixes beautifully with this Portland suburb.

Suburb Commuter Scenic Public Transportation Trolley Biking Bicycling Schools

Less than ten miles south of Portland along the Willamette River, Lake Oswego is suburban community characterized by lush greenery and a first-rate personality all its own. The local school district has been recognized as among the best in the nation, the crime rate is low, and the League of American Bicyclists has named Lake Oswego one of the most bike-friendly communities in Oregon (which is saying something).

The lake itself is surrounded by gorgeous homes and old-growth evergreens, and large parks and nature preserves are never far away. The area closer to the river is a nice mix of homes and small businesses (cafes, shops, nightlife) in a highly walkable configuration, and trolley service to Portland is available from the Oak Grove Station on State Street.

Rent Trends

As of March 2025, the average apartment rent in Lake Oswego, OR is $1,389 for a studio, $1,868 for one bedroom, $2,295 for two bedrooms, and $2,740 for three bedrooms. Apartment rent in Lake Oswego has increased by 2.7% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,868/month
753 Sq Ft
House
$3,438/month
1,746 Sq Ft
See Rental Market Trends in Lake Oswego, OR

Transportation

63

Somewhat Walkable

out of 100 WalkScore® Rating

You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.

25

Some Transit

out of 100 TransitScore® Rating

You'll likely want a car when living in this area since it has few transit options.

65

Bikeable

out of 100 BikeScore® Rating

While there’s some bike infrastructure in this area, you’ll still need a car for many errands.

Schools

River Grove Elementary School

Public

Grades K-5

336 Students

9
out of 10

Westridge Elementary School

Public

Grades K-5

470 Students

8
out of 10

Oak Creek Elementary School

Public

Grades K-5

445 Students

8
out of 10

Forest Hills Elementary School

Public

Grades K-5

419 Students

8
out of 10

Lake Grove Elementary School

Public

Grades K-5

416 Students

7
out of 10

Lakeridge Middle School

Public

Grades 6-8

838 Students

8
out of 10

Lake Oswego Middle School

Public

Grades 6-8

824 Students

8
out of 10

Lake Oswego Senior High School

Public

Grades 9-12

1,245 Students

10
out of 10

Lakeridge High School

Public

Grades 9-12

1,234 Students

9
out of 10

Points of Interest

Top Apartments in Lake Oswego

Houses for Rent in Lake Oswego

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Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.