1-Bedroom Rent · July 2026

1-Bedroom Apartment Rent in Lake Oswego, OR

$2,150/mo

Median asking rent for a 1-bedroom apartment in Lake Oswego, Oregon as of July 2026. That's +5% lower than the citywide median of $2,258 and +54% above the national 1-bedroom median of $1,395.

1-Bedroom median
$2,150
July 2026
vs city overall
-5%
$2,258 city median
vs national
+54%
$1,395 US median
Oregon rank
#63
of 64 cities

Income needed for a 1-bedroom in Lake Oswego

Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 1-bedroom at the current median rent.

Annual income
$86,000
Monthly gross
$7,167
Hourly (full-time)
$41.35

Rent by apartment size in Lake Oswego

Compare Lake Oswego's median rent across every apartment size.

Studio
$2,000
1-Bedroom (current)
$2,150
2-Bedroom
$2,455
3-Bedroom
$3,370
4+ Bedroom
$3,955

Cheapest cities for a 1-bedroom in Oregon

#City1-Bedroom rent
1Seaside$744
2Klamath Falls$850
3Pendleton$850
4Coos Bay$860
5La Grande$860
6Hermiston$910
7Sutherlin$960
8Roseburg$970
9Prineville$990
10Cottage Grove$1,010
11Newport$1,010
12Astoria$1,040
13Stayton$1,040
14Grants Pass$1,060
15Lincoln City$1,060

Most expensive cities for a 1-bedroom in Oregon

#City1-Bedroom rent
1Sherwood$2,210
2Lake Oswego (this page)$2,150
3West Linn$2,090
4Hillsboro$1,895
5Wilsonville$1,880
6Clackamas$1,840
7Beaverton$1,840
8Tualatin$1,830
9West Slope$1,810
10Gladstone$1,810
11Portland$1,785
12Scappoose$1,780
13Oregon City$1,760
14Happy Valley$1,730
15Tigard$1,720

Nearby cities — 1-bedroom rent

Considering nearby alternatives? 5 of these cities have cheaper 1-bedroom rents than Lake Oswego.

CityDistance1-Bedroom rentvs Lake Oswego
West Linn, OR4.8 mi$2,090$-60 (-3%)
Tualatin, OR4.9 mi$1,830$-320 (-15%)
Garden Home-Whitford, OR5.2 mi$1,476$-674 (-31%)
Tigard, OR5.7 mi$1,720$-430 (-20%)
Raleigh Hills, OR6 mi$1,445$-705 (-33%)
Milwaukie, OR6.3 mi$1,650$-500 (-23%)
West Slope, OR7.8 mi$1,810$-340 (-16%)
Gladstone, OR7.9 mi$1,810$-340 (-16%)
Wilsonville, OR8.7 mi$1,880$-270 (-13%)
Portland, OR8.9 mi$1,785$-365 (-17%)
Beaverton, OR11 mi$1,840$-310 (-14%)
Clackamas, OR11.6 mi$1,840$-310 (-14%)

1-Bedroom rent in Lake Oswego — common questions

How much is a 1-bedroom apartment in Lake Oswego?

As of July 2026, the median 1-bedroom apartment rent in Lake Oswego, Oregon is $2,150 per month. This is +5% below the citywide median of $2,258.

What income do you need to afford a 1-bedroom in Lake Oswego?

Using the standard 30% rent-to-income rule, you would need an annual income of about $86,000 ($7,167/month gross), which works out to roughly $41.35/hour at a full-time job.

Is Lake Oswego expensive for a 1-bedroom compared to the rest of the US?

Lake Oswego's 1-bedroom median of $2,150 is +54% above the national 1-bedroom median of $1,395. It ranks in the 87th percentile of US cities tracked.

How does Lake Oswego rank for 1-bedroom rent in Oregon?

Among the 64 cities in Oregon with 1-bedroom data, Lake Oswego ranks #63 from cheapest to most expensive.

Are there cheaper 1-bedroom options near Lake Oswego?

Yes — nearby cities with cheaper 1-bedroom rents include West Linn ($2,090), Tualatin ($1,830), Garden Home-Whitford ($1,476).

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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Lake Oswego, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (July 2026) and exclude cities with median rent below $400 or above $20,000.