Lake Oswego, located in Clackamas County, Oregon, is a picturesque and affluent suburb of Portland known for its stunning lake, beautiful parks, and a strong sense of community. With a perfect blend of urban conveniences and outdoor activities, Lake Oswego offers a high quality of life for families, professionals, and retirees alike. This article explores the best residential areas in Lake Oswego, highlighting their characteristics, housing options, and average prices.
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Lake Grove

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Lake Grove is a charming neighborhood with a mix of families and professionals, known for its boutique shops and restaurants. The area has a friendly vibe and hosts various community events throughout the year.
Characteristics of the Lake Grove
* Culture: Community-oriented with local arts and crafts festivals.
* Transportation: Well-connected by public transit and bike paths.
* Services: Grocery stores, coffee shops, and parks.
* Environment: Lively, family-friendly, and suburban.
Housing Options in the Lake Grove
Single-family homes, Townhouses.
Average Home Prices in the Lake Grove
* Buying: $600,000 – $900,000
* Renting: $2,500 – $3,800/month
Westlake

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The Westlake neighborhood is known for its tranquil environment and beautiful homes with waterfront accessibility. It's popular among families looking for a peaceful lifestyle with excellent schools.
Characteristics of the Westlake
* Culture: Emphasis on outdoor activities, such as boating and hiking.
* Transportation: Easy access to major freeways and public transit.
* Services: Schools, community centers, and shopping areas.
* Environment: Quiet, serene, and community-oriented.
Housing Options in the Westlake
Single-family homes, Waterfront properties.
Average Home Prices in the Westlake
* Buying: $700,000 – $1,200,000
* Renting: $3,000 – $4,500/month
Old Town Lake Oswego

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Old Town is known for its historic charm, beautiful tree-lined streets, and proximity to the lake. The area features an eclectic mix of shops, dining, and community events.
Characteristics of the Old Town Lake Oswego
* Culture: Rich in history with artsy boutiques and galleries.
* Transportation: Easily navigable by bike or on foot, with access to transit.
* Services: Fine dining, shopping, and cultural events.
* Environment: Charming, vibrant, and artistic.
Housing Options in the Old Town Lake Oswego
Historic homes, Modern condominiums.
Average Home Prices in the Old Town Lake Oswego
* Buying: $800,000 – $1,500,000
* Renting: $3,500 – $5,000/month
Forest Highlands

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Forest Highlands offers a more rural atmosphere with larger properties and easy access to nature trails. It’s ideal for those who love outdoor activities and a bit of distance from city life.
Characteristics of the Forest Highlands
* Culture: Nature lovers and outdoor enthusiasts.
* Transportation: Car recommended; public transport is limited.
* Services: Nearby parks and recreational facilities.
* Environment: Natural, peaceful, and spacious.
Housing Options in the Forest Highlands
Spacious single-family homes, Custom-built properties.
Average Home Prices in the Forest Highlands
* Buying: $900,000 – $1,300,000
* Renting: $3,000 – $4,200/month
Cedar Oaks

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Cedar Oaks is known for its community feel, with many amenities nearby. Families enjoy the spacious parks and the great school system in this area.
Characteristics of the Cedar Oaks
* Culture: Family-friendly with a strong neighborhood spirit.
* Transportation: Good access to roads and schools; walking distance to parks.
* Services: Grocery stores, schools, and recreational parks.
* Environment: Friendly, active, and suburban.
Housing Options in the Cedar Oaks
Single-family homes, Townhomes.
Average Home Prices in the Cedar Oaks
* Buying: $500,000 – $800,000
* Renting: $2,000 – $3,000/month
Kilkenny

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Kilkenny is a newer development with modern homes, designed for families with its parks and recreational amenities. The community is emerging as a preferred spot for young professionals.
Characteristics of the Kilkenny
* Culture: Emerging community with a focus on family activities.
* Transportation: Convenient public transportation options.
* Services: Schools, parks, and shopping centers nearby.
* Environment: Modern, vibrant, and community-focused.
Housing Options in the Kilkenny
New single-family homes, Townhouses.
Average Home Prices in the Kilkenny
* Buying: $600,000 – $900,000
* Renting: $2,700 – $3,800/month
Frequently Asked Questions About the Best Residential Areas in Lake Oswego:
The best neighborhoods in Lake Oswego include Lake Grove, Westlake, Old Town, Forest Highlands, Cedar Oaks, and Kilkenny, each offering unique amenities and lifestyles.
Lake Grove and Cedar Oaks are excellent neighborhoods for families due to their community-oriented atmosphere and proximity to schools and parks.
Average home prices in Lake Oswego range from approximately $500,000 to over $1.5 million, depending on the neighborhood and type of home.
Yes, Lake Oswego is known for its highly rated schools, with several options for elementary, middle, and high school students.
Lake Oswego is considered one of the safest suburbs in the Portland metro area, with low crime rates and a strong community presence.
Residents can enjoy various recreational activities, including boating, hiking, biking, and community-organized events throughout the year.
Lake Oswego has access to public transportation, including buses that connect to the Portland area, though some neighborhoods may require a car for convenience.
Lake Oswego features a diverse dining scene, including fine dining, casual eateries, and local coffee shops, particularly in the Old Town neighborhood.
Yes, many neighborhoods in Lake Oswego offer easy access to beautiful parks, nature trails, and recreational areas.
Lake Grove and Old Town frequently host community events and festivals, making them vibrant places to connect with neighbors.
Conclusion on the Best Residential Areas in Lake Oswego:
Lake Oswego provides a diverse array of residential neighborhoods catering to various lifestyles and preferences. From the bustling community atmosphere in Lake Grove to the serene, nature-fueled ambiance of Forest Highlands, Lake Oswego has something for everyone. Proximity to quality schools, an array of recreational activities, and a strong sense of community make it an ideal place to live for families, young professionals, and retirees. Whether you're looking for modern conveniences or picturesque surroundings, Lake Oswego stands out as a coveted location in Oregon.
About the Author

Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.