Long-term Rental Rates — June 2026 · ZIPs: 97034,97035
Local market data by Estaite
As of June 2026, rental prices in Lake Oswego, OR range from $1,863 to $3,874 per month depending on property type and bedroom count.
The largest year-over-year change is a 5.25% increase for 1BR apartments in Lake Oswego, OR.
For 2BR rentals in Lake Oswego, OR, apartments have a median rent of $2,078 and condos/townhomes are at $2,037.
What is the typical rent range in Lake Oswego, OR as of June 2026?
Rental prices in Lake Oswego, OR span from $1,863 for a 1BR apartment to $3,874 for a 4BR single-family home as of June 2026.
Are rents generally rising or falling in Lake Oswego, OR across different property types in June 2026?
Rents in Lake Oswego, OR are generally rising for 1BR units, with apartments up 5.25% YoY and condos/townhomes up 3.57%, while 2BR condos/townhomes fell -5.93% YoY and 3BR apartments declined -3.55%; other segments show smaller increases or slight declines.
What is the premium gap between apartments and condos/townhomes for comparable bedroom counts in Lake Oswego, OR?
For 1BR units, condos/townhomes have a $79 premium over apartments ($1,942 vs $1,863), while for 4BR units, apartments hold a $10 premium over condos/townhomes ($3,707 vs $3,697).
Which segment had the biggest annual rent increase in Lake Oswego, OR, and was the growth broad or concentrated?
The largest annual rent increase in Lake Oswego, OR was in 1BR apartments, which grew 5.25% YoY in June 2026, with this growth concentrated in the 1BR apartment segment rather than broadly across all types.
Lake Oswego, OR
June 2026
97034,97035
Long-term Rental Rates
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,770 – $1,956
1.91%
5.25%
2-Bedroom
$1,974 – $2,182
-0.12%
3.35%
3-Bedroom
$2,599 – $2,884
-1.00%
-3.55%
4-Bedroom
$3,679 – $3,756
0.81%
0.41%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,880 – $2,004
4.08%
3.57%
2-Bedroom
$1,972 – $2,102
-0.83%
-5.93%
3-Bedroom
$2,936 – $3,117
0.18%
1.13%
4-Bedroom
$3,644 – $3,762
1.00%
0.75%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$2,029 – $2,133
0.00%
-1.33%
2-Bedroom
$2,353 – $2,474
4.64%
-0.99%
3-Bedroom
$3,162 – $3,460
2.31%
1.53%
4-Bedroom
$3,680 – $4,067
0.86%
2.63%
Data updated: July 19, 2026
In the Lake Oswego (97034, 97035) rental market, 1-bedroom apartments posted a notable month-over-month increase of 5.2%, climbing to a median rent of $1,827 in May. The year-over-year uptick for this segment reached 3.4%, supporting continued growth for entry-level apartment rentals in Lake Oswego (97034, 97035).
For three-bedroom units in Lake Oswego (97034, 97035), single-family homes advanced 7.3% month-over-month to a median rent of $3,257. This places them ahead of apartment 3BRs, which only increased 1.5% MoM to reach $2,770.
May's figures impact Lake Oswego (97034, 97035) rental trends: 2-bedroom condos dropped 4.5% year-over-year, settling at a $2,041 median. In comparison, 2BR apartments saw a 2% YoY gain, closing the month at $2,079.