Last updated on October 7, 2026

Average rent in
Lake Oswego, OR

Median rent

Median rent in Lake Oswego

$2,299/mo

decreased by18%

vs previous year

The average rent in Lake Oswego is $2,299 per month as of October 2026. This is 21% above the national average rent, or $399 more per month.

$1.54

average price per square foot

Total rentals

Available rentals in Lake Oswego

46

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Lake Oswego rentals at each price point

55%41%28%14%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 decreased by 2% over the last month and have decreased by 18% 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 $1,880, whereas a house costs $3,995. 1-bedroom apartments in Lake Oswego run $1,745 on average, while 2-bedroom apartments are $2,250.

Listings

Studio

$1,295

No Change

66%

1 bedroom

$1,612

1%

5%

2 bedroom

$2,200

No Change

14%

3 bedroom

$3,572

3%

8%

4 bedroom

$4,300

1%

No Change

Studio

Average rent

$1,295

Last year

66%

1 bedroom

Average rent

$1,612

Last 30 days

1%

Last year

5%

2 bedroom

Average rent

$2,200

Last 30 days

No Change

Last year

14%

3 bedroom

Average rent

$3,572

Last 30 days

3%

Last year

8%

4 bedroom

Average rent

$4,300

Last 30 days

1%

Last year

No Change

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$2,299
increased by21%

higher than the national median

Median rent price$2,100
increased by11%

higher than the national median

Takeaway

The median rent for all rentals in Lake Oswego, OR is 10% higher than the median rent in Aloha, OR.

Discover rentals in Lake Oswego, OR

WANGJ02-OPM/COM - Photo 1 of 1

13h ago

8.8

Very good

WANGJ02-OPM/COM

GEORGIA MANOR, Lake Oswego, OR 97034

2 beds

1 bath

$1,695

44 Crestfield Ct - Photo 1 of 1

5d+ ago

Oak Creek condo for rent in Lake Oswego

12375 Mount Jefferson Ter #10E - Photo 1 of 1

5d+ ago

Mt. Park apartment for rent in Lake Oswego

12375 Mount Jefferson Ter #10E, Lake Oswego, OR 97035

2 beds

1 bath

$1,849

12375 Mount Jefferson Ter #7A - Photo 1 of 1

5d+ ago

Mt. Park apartment for rent in Lake Oswego

12375 Mount Jefferson Ter #7A, Lake Oswego, OR 97035

2 beds

1 bath

$1,935

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 $2,299 per month as of October 3, 2026.

Is rent up or down in Lake Oswego?

Average rent prices in Lake Oswego have decreased by 2% over the last month and have decreased by 18% since last year.

How does Lake Oswego rent compare to the national average?

Rent in Lake Oswego is 21% above the national average, which means renters are paying approximately $399 more per month.

Which neighborhoods are most affordable in Lake Oswego?

The most affordable neighborhoods in Lake Oswego are Foothills ($1,495/mo), Walluga ($1,614/mo), and Hallinan ($1,695/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 $92,000/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