What is the median rent in Lake Oswego, OR?

Name: Median rent in Lake Oswego, OR, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median gross rent in Lake Oswego, OR is $2,139 (±$104) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 5,072 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Lake Oswego, the median gross rent went from $1,614 in 2015–2019 to $2,139 in 2020–2024 (+32.5%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on November 12, 2026.

Median gross rent: $2,139 (±$104)
Rented homes: 5,072 (±512)
$2,000 or more: 57.3%
Since 2015–2019: +32.5%

How much rent costs in Lake Oswego

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rent	Lake Oswego	Clackamas County	Oregon	United States
Less than $500	1.0% (±0.6 points)	3.0%	4.5%	6.3%
$500 to $999	2.1% (±1.4 points)	6.8%	14.3%	20.2%
$1,000 to $1,499	6.7% (±2.9 points)	20.5%	29.7%	28.1%
$1,500 to $1,999	32.9% (±5.1 points)	38.4%	28.7%	21.1%
$2,000 to $2,499	26.2% (±5.6 points)	16.5%	13.4%	12.0%
$2,500 to $2,999	12.5% (±4.0 points)	7.5%	5.3%	5.5%
$3,000 or more	18.6% (±4.2 points)	7.4%	4.1%	6.8%

The most common range is $1,500 to $1,999, paid by 32.9% of renting households.

57.3% of rented homes in Lake Oswego cost $2,000 or more a month.

Lake Oswego against Clackamas County, its state and the nation

Estimate (90% margin of error)
	Lake Oswego	Clackamas County	Oregon	United States
Median gross rent	$2,139 (±$104)	$1,758 (±$23)	$1,525 (±$10)	$1,413
Rented homes paying rent	5,072 (±512)	46,140 (±1,295)	605,415 (±5,857)	42,849,984

In Lake Oswego, median gross rent is higher than in Clackamas County ($1,758).

It is also higher than in Oregon ($1,525).

It is higher than the national figure ($1,413).

In Clackamas County, Lake Oswego ranks 3 of 20 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 7 of 269.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How rent in Lake Oswego has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median gross rent	$1,614 (±$52)	$2,139 (±$104)	+32.5%	Up after inflation
Households that rent	26.4% (±1.9 points)	30.7% (±2.7 points)	+4.3 percentage points	Measurable increase
Rental vacancy rate	2.3% (±1.9 points)	3.4% (±2.8 points)	+1.1 percentage points	Not a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median gross rent in places near Lake Oswego

Nearest places with a published estimate, compared with Lake Oswego
Place	Distance	Median gross rent	Compared with this place
Lake Oswego	—	$2,139 (±$104)	—
Rivergrove	2.5 mi	$3,500 or more	—
Dunthorpe	2.7 mi	$2,350 (±$1,189)	Not measurably different
Durham	3.1 mi	$1,565 (±$151)	Lower
Oak Grove	3.2 mi	$1,744 (±$84)	Lower
Metzger	3.9 mi	$1,629 (±$211)	Lower
Tigard	4.1 mi	$1,782 (±$48)	Lower
Jennings Lodge	4.3 mi	$1,669 (±$100)	Lower
West Linn	4.4 mi	$2,116 (±$172)	Not measurably different

Nearby places with a measurably lower figure: Durham, OR ($1,565), Oak Grove, OR ($1,744), Metzger, OR ($1,629).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent across Clackamas County, place by place

Rank	Place	Median gross rent
1	Rivergrove	$3,500 or more
2	Damascus	$2,654 (±$523)
3	Lake Oswego	$2,139 (±$104)
4	West Linn	$2,116 (±$172)
5	Happy Valley	$2,029 (±$144)
6	Wilsonville	$1,878 (±$59)
7	Sandy	$1,861 (±$218)
8	Oatfield	$1,786 (±$318)
9	Oak Grove	$1,744 (±$84)

Showing 9 of 20 places in Clackamas County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Lake Oswego

What is the average rent in Lake Oswego, OR?

The Census Bureau publishes the median rather than the average: the median gross rent in Lake Oswego is $2,139 (±$104) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much has rent gone up in Lake Oswego?

In Lake Oswego, the median gross rent went from $1,614 in 2015–2019 to $2,139 in 2020–2024 (+32.5%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

How many rentals in Lake Oswego cost more than $2,000 a month?

57.3% of rented homes in Lake Oswego have a gross rent of $2,000 or more a month, and 1.0% cost less than $500.

Is rent in Lake Oswego higher than in Clackamas County?

In Lake Oswego, median gross rent is higher than in Clackamas County ($1,758).

It is also higher than in Oregon ($1,525).

It is higher than the national figure ($1,413).

Is this the rent for an apartment listed today?

No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Lake Oswego city, Oregon (place:40550, in state:41).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.