Last updated on August 22, 2026

Average rent in
Lake Oswego, OR

Median rent

Median rent in Lake Oswego

$2,695/mo

decreased by7%

vs previous year

The average rent in Lake Oswego is $2,695 per month as of August 2026. This is 40% above the national average rent, or $770 more per month.

$1.70

average price per square foot

Total rentals

Available rentals in Lake Oswego

45

for rent on Zumper.com as of August 2026

Rent price distribution

Share of Lake Oswego rentals at each price point

45%34%23%11%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Lake Oswego, OR

Average rent prices in Lake Oswego have increased by 7% over the last month and have decreased by 7% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Lake Oswego, OR

Rent prices in Lake Oswego vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Lake Oswego is $1,950, whereas a house costs $3,995. 1-bedroom apartments in Lake Oswego run $1,650 on average, while 2-bedroom apartments are $2,195.

Listings

Studio

$1,350

No Change

19%

1 bedroom

$1,600

2%

3%

2 bedroom

$2,295

11%

4%

3 bedroom

$3,450

No Change

5%

4 bedroom

$4,867

6%

6%

Studio

Average rent

$1,350

Last year

19%

1 bedroom

Average rent

$1,600

Last 30 days

2%

Last year

3%

2 bedroom

Average rent

$2,295

Last 30 days

11%

Last year

4%

3 bedroom

Average rent

$3,450

Last 30 days

No Change

Last year

5%

4 bedroom

Average rent

$4,867

Last 30 days

6%

Last year

6%

The table above reflects average rent prices in Lake Oswego, OR, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Lake Oswego, OR compare to other cities?

Compare median rent prices in Lake Oswego and Aloha by all bedroom counts and property types.

Lake Oswego

Median rent price$2,695
increased by40%

higher than the national median

Median rent price$2,200
increased by14%

higher than the national median

Takeaway

The median rent for all rentals in Lake Oswego, OR is 23% higher than the median rent in Aloha, OR.

Discover rentals in Lake Oswego, OR

15938 Quarry Rd #5A - Photo 1 of 1

5d+ ago

Walluga condo for rent in Lake Oswego

Condo for rent

WANGJ02-OPM/COM - Photo 1 of 1

3d ago

8.8

Very good

WANGJ02-OPM/COM

GEORGIA MANOR, Lake Oswego, OR 97034

2 beds

1 bath

$1,725

Apartment for rent

248-254 Cervantes - Photo 1 of 1

1d ago

8.5

Very good

248-254 Cervantes

248 Cervantes, Lake Oswego, OR 97035

2 beds

2 baths

$2,095

Price drop

Apartment for rent

307 Cervantes - Photo 1 of 1

5d+ ago

Mt. Park apartment for rent in Lake Oswego

3 beds

2 baths

$2,495

Apartment for rent

Available May 11

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Lake Oswego, OR

Quick answers to common questions about the Lake Oswego rental market.

How much is rent in Lake Oswego?

The average rent in Lake Oswego is $2,695 per month as of August 22, 2026.

Is rent up or down in Lake Oswego?

Average rent prices in Lake Oswego have increased by 7% over the last month and have decreased by 7% since last year.

How does Lake Oswego rent compare to the national average?

Rent in Lake Oswego is 40% above the national average, which means renters are paying approximately $770 more per month.

Which neighborhoods are most affordable in Lake Oswego?

The most affordable neighborhoods in Lake Oswego are Oak Creek ($1,622/mo), Lakewood ($1,644/mo), and Westlake ($1,663/mo).

What salary do I need to afford rent in Lake Oswego?

To comfortably afford rent in Lake Oswego, you'd need to earn approximately $108,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Lake Oswego?

February offers the best rental deals in Lake Oswego, with rents running about 21% lower than the August peak. December also sees reduced competition with lower overall demand.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

Apartments for rent in Aloha