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Overview of Lake Oswego

Lake Oswego is an arts-oriented suburb that sits just south of Portland. Lake Oswego is one of the most picturesque towns in the state, known for having some of the most sought-after real estate situated around its namesake 405-acre lake. The city streets feature public outdoor sculpture exhibits and beautiful plants, keeping a certain feeling in the air that is hard to describe. With just more than 18,000 residents, Lake Oswego has a small town comfort and friendly neighbors who come together for community events. Look for Lake Oswego apartments for rent, and find paradise in the Pacific Northwest. 

Living in Lake Oswego, OR

The first inhabitants of the land between the Willamette and Tualatin Rivers were the Clackamas Indians. After thriving here for thousands of years, the Clackamas were driven out of the region by diseases from European traders and explorers who arrived via the Oregon Trail. The Donation Land Claim Act and Homestead Act brought new residents to the area including Alberto Alonzo Durham, who founded Oswego in 1847. Most of the trade in the region happened on the Tualatin River because the thick woods and muddy roads made it difficult to travel by land.

Oswego was a vital member of the iron industry in the 19th century before the Portland and Willamette Valley Railway allowed greater national access to cheaper iron from the Great Lakes region. It wasn’t until 1960 that Oswego annexed from Lake Grove to become an independent city. With a close proximity to the unique city of Portland, Lake Oswego apartments are sure to please.

Lake Oswego Work and Study

Marylhurst University, located in town, is neighbored by the number of colleges located 11 miles away in Portland. Portland Community College, Portland State University, Reed College, Lewis & Clark College, Concordia University, National College of Natural Medicine, Multnomah University, University of Western States and Warner Pacific College join the Art Institute of Portland, Pacific Northwest College of Art and Western Culinary institute to offer students a range of educational opportunities in the Northwest.

For those seeking work, the Portland metropolitan area is home to the Nike and Precision Castparts headquarters, which both made the 2012 Fortune 500 list and employ hundreds of people in town. There are more than 2,000 small businesses in Lake Oswego, featuring boutiques, fine dining restaurants and diverse shops.  Many Lake Oswego residents also work in blue collar industries to help support the infrastructure for business and tourism in Portland.

Rentals in Lake Oswego, OR and Cost of Living

The stunning natural surroundings and the outdoor lifestyle of western Oregon are reflected in Lake Oswego’s high rent prices. United States Census Bureau statistics indicate that the average apartment here costs $1,111 a month. That’s $300 more than the Oregon state average. Despite the high rent prices, life here is still very affordable. Lake Oswego received a cost of living index of 103.3, which only slightly higher than the national average of 100. The city is a haven for people who want the laidback qualities of Oregon with the urban conveniences of nearby Portland.

Lake Oswego Attractions and Special Events

The largest attraction in town is the Lake Oswego Festival of the Arts, which celebrates local artists from the Pacific Northwest. Local residents also travel to Portland for the Portland Rose Festival, Portland Jazz Festival, Waterfront Blues Festival, Christmas Festival of Lights, the Bite of Oregon and LPGA Safeway Classic, among others.

To find a Lake Oswego apartment or rental, check out our apartment listings. Rent.com® is happy to help you find your next home.

Ladd - Portland, OR 97201
13

Portland, OR 97201

$1625 - $4480

0-2 Beds 1-2 Baths

Portland, OR (Downtown)


$1625 - $4480

0-2 Beds 1-2 Baths

The Wyatt - Portland, OR 97209
11

Portland, OR 97209

$1324 - $6682

0-2 Beds 1-2 Baths

Portland, OR (Northwest, Pearl)


$1324 - $6682

245 Units 0-2 Beds 1-2 Baths

Vista St. Clair Apartments - Portland, OR 97205
9
(9)

Portland, OR 97205

$950 - $4382

0-3 Beds 1-2 Baths

Portland, OR (Goose Hollow, Northwest)

(9)

$950 - $4382

257 Units 0-3 Beds 1-2 Baths

Linden Apartments - Portland, OR 97214
31
(8)

Portland, OR 97214

$1395 - $2200

1-2 Beds 1-2 Baths

Portland, OR (Buckman-East, Buckman-West...)

(8)

$1395 - $2200

132 Units 1-2 Beds 1-2 Baths

Madison Boulder Creek - Wilsonville, OR 97070
25
(7)

Wilsonville, OR 97070

$1048 - $2582

1-3 Beds 1-2 Baths

Wilsonville, OR

(7)

$1048 - $2582

296 Units 1-3 Beds 1-2 Baths

LaSalle - Beaverton, OR 97006
20

Beaverton, OR 97006

$1225 - $2970

0-3 Beds 1-3 Baths

Beaverton, OR (Central Beaverton)


$1225 - $2970

554 Units 0-3 Beds 1-3 Baths

Cedar Falls Apartment Homes - Portland, OR 97229
51
(4)

Portland, OR 97229

$1250 - $2000

1-3 Beds 1-2 Baths

Cyan / PDX - Portland, OR 97201
31

Portland, OR 97201

$1358 - $2933

0-3 Beds 1-2 Baths

Portland, OR (Downtown)


$1358 - $2933

352 Units 0-3 Beds 1-2 Baths

Enso - Portland, OR 97209
19

Portland, OR 97209

$1200 - $2350

0-2 Beds 1-2 Baths

Portland, OR (Northwest, Pearl...)


$1200 - $2350

152 Units 0-2 Beds 1-2 Baths

The Cornerstone - Portland, OR 97232
22
(28)

Portland, OR 97232

$1210 - $2600

0-2 Beds 1 Bath

Portland, OR (Broadway District, Lloyd District)

(28)

$1210 - $2600

116 Units 0-2 Beds 1 Bath

The Addy - Portland, OR 97209
14

Portland, OR 97209

$1350 - $2250

0-2 Beds 1 Bath

Portland, OR (Northwest District)


$1350 - $2250

104 Units 0-2 Beds 1 Bath

Collins Circle - Portland, OR 97201
29
(42)

Portland, OR 97201

$1050 - $2800

0-2 Beds 1-2 Baths

Portland, OR (Goose Hollow, Northwest)

(42)

$1050 - $2800

124 Units 0-2 Beds 1-2 Baths

Alara Hedges Creek - Tualatin, OR 97062
5

Tualatin, OR 97062

$1108 - $1633

1-3 Beds 1-2 Baths

Tualatin, OR (Downtown Tualatin)


$1108 - $1633

408 Units 1-3 Beds 1-2 Baths

Meridian at Murrayhill - Beaverton, OR 97007
21
(12)

Beaverton, OR 97007

$1021 - $1756

1-3 Beds 1-2 Baths

Beaverton, OR (Neighbors Southwest)

(12)

$1021 - $1756

312 Units 1-3 Beds 1-2 Baths

Axcess 15 - Portland, OR 97232
9

Portland, OR 97232

$1370 - $3480

1-2 Beds 1-2 Baths

Portland, OR (Broadway District, Lloyd District)


$1370 - $3480

202 Units 1-2 Beds 1-2 Baths

Forest Rim - Tualatin, OR 97062
21
(16)

Tualatin, OR 97062

$900 - $1615

0-3 Beds 1-2 Baths

Tualatin, OR

(16)

$900 - $1615

300 Units 0-3 Beds 1-2 Baths

Sunridge Terrace - Happy Valley, OR 97086
31
(4)

Happy Valley, OR 97086

$1095 - $1710

1-3 Beds 1-2 Baths

Happy Valley, OR

(4)

$1095 - $1710

216 Units 1-3 Beds 1-2 Baths

Sofi At Murrayhill - Beaverton, OR 97007
35

Beaverton, OR 97007

$1056 - $1500

1-2 Beds 1-2 Baths

Beaverton, OR (Neighbors Southwest, South Beaverton)


$1056 - $1500

351 Units 1-2 Beds 1-2 Baths

Grant Park Village - Portland, OR 97232
50

Portland, OR 97232

$1037 - $2449

0-3 Beds 1-2 Baths

Portland, OR (Northeast, Sullivan's Gulch)


$1037 - $2449

211 Units 0-3 Beds 1-2 Baths

Heatherbrae Commons - Milwaukie, OR 97222
30
(28)

Milwaukie, OR 97222

$1075 - $1575

1-3 Beds 1-2 Baths

Milwaukie, OR

(28)

$1075 - $1575

174 Units 1-3 Beds 1-2 Baths

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