Willow
5600 Meadows Rd,
Lake Oswego, OR 97035
$1,864 - $4,877 Total Monthly Price
1-3 Beds
Lake Forest
Lake Oswego, OR
Lake Forest - Lake Oswego, OR Area Guide
The established residential community of Lake Forest in Lake Oswego, Oregon, lies eight miles south of downtown Portland. Popular apartment rentals include those located in the north of the area close to Interstate 5 that connects Washington to California. For shopping, drive a few miles outside the area to Bridgeport Village, or the sizeable Washington Square shopping mall with upscale chains, specialty stores, and restaurants. Closer to home, the area south of Boones Ferry Road includes Zupan’s Markets deli and grocery and La Provence Boulangerie and Patisserie, where locals can buy bread and pastries as well as enjoy brunch or dinner. La Provence's smoked salmon benedict is a firm favorite. Another popular dining venue, Oswego Grill, which specializes in grilled fish and meats, lies north of Kruse Way. If you enjoy outdoor activities, visit Waluga Park West and East for nature trails, walking paths, covered picnic areas, and baseball fields. In warmer summer months, travel westwards to Millennium Plaza Park to enjoy live concerts and visit the weekly Lake Oswego Farmers Market.
Rent Trends
As of March 2026, the average apartment rent in Lake Forest is $560 for a studio, $1,832 for one bedroom, $2,183 for two bedrooms, and $2,859 for three bedrooms. Apartment rent in Lake Forest has increased by 0.9% in the past year.
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Studio
-
0 sq ft
Average Sq Ft
-
$560/month
Average Rent
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1 BR
-
676 sq ft
Average Sq Ft
-
$1,832/month
Average Rent
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2 BR
-
916 sq ft
Average Sq Ft
-
$2,183/month
Average Rent
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3 BR
-
1,049 sq ft
Average Sq Ft
-
$2,859/month
Average Rent
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Lake Forest - Lake Oswego, OR is for everyday living.
Somewhat Walkable
62
/ 100
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.
Minimal Transit
21
/ 100
You'll likely want a car when living in this area since it has few transit options.
Very Bikeable
74
/ 100
This area is very bikeable. You’ll find a variety of bike paths and lanes.
Scores provided by Walk Score
Points of Interest
Shopping Centers
Parks and Recreation
- Lesser Park
- West Portland Park Natural Area
- Luscher Farm
- Maricara Natural Area
- Tryon Creek State Natural Area
Airports
- Portland International
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.