Rent in Lake Oswego, OR
Across Lake Oswego's 2 ZIP codes, a 2-bedroom typically rents for about $2,183 a month, with figures from $1,878–$2,278. The highest typical rent is in 97034 ($2,278) and the lowest in 97035 ($2,088). Owner-occupied homes in Clackamas County pay about 0.85% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,527 | $1,527 | 2 |
| 1 bed | $1,865 | $1,633–$1,953 | 2 |
| 2 beds | $2,183 | $1,878–$2,278 | 2 |
| 3 beds | $2,546 | $2,367–$2,725 | 2 |
| 4 beds | $3,109 | $2,757–$3,460 | 2 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Lake Oswego ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Lake Oswego, OR?
- About $2,183 a month: the median of the typical rents in 2 ZIP codes, which range from $1,878–$2,278. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Lake Oswego, OR?
- About $1,865 a month: the median of the typical rents in 2 ZIP codes, which range from $1,633–$1,953. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Lake Oswego, OR?
- About $2,546 a month: the median of the typical rents in 2 ZIP codes, which range from $2,367–$2,725. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Lake Oswego, OR?
- About $1,527 a month: the median of the typical rents in 2 ZIP codes, which range from $1,527. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Lake Oswego, OR?
- About $3,109 a month: the median of the typical rents in 2 ZIP codes, which range from $2,757–$3,460. Figures are gross rent (rent plus tenant-paid utilities).
- Which Lake Oswego ZIP code has the highest rent?
- For a 2-bedroom, 97034 has the highest typical rent at $2,278 a month, and 97035 the lowest at $2,088.
- What is the property tax rate in Lake Oswego, OR?
- Owner-occupied homes in Clackamas County pay a typical 0.85% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Lake Oswego rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).