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Lake Oswego, Oregon

Clackamas & Washington Counties | Population: ~40,000 | Portland Metro

Living in Lake Oswego

One of the Portland metro’s most affluent communities, Lake Oswego is built around its namesake private lake and offers top-rated schools, upscale shopping, and some of the region’s highest home values.

First Addition and the Lake-front areas command premium prices for lake access, while Mountain Park and Rosewood offer somewhat more moderate pricing with strong school access.

Lake Oswego Oregon Real Estate & Home Loans
Popular Neighborhoods

Lake Grove — A commercial village with its own distinct shopping district.

First Addition — Walkable, historic streets near downtown and the lake.

Westlake — Established homes west of downtown.

Palisades — Hillside homes with valley and mountain views.

Mountain Park — A large planned community with private parks and pools.

Hallinan — A family neighborhood near Hallinan Elementary.

Glenmorrie — Wooded, riverside estate lots.

Uplands — An established area with some of the city’s largest lots.

Lakeview Summit — Hillside homes near Oswego Lake.

Downtown/Foothills — The walkable core near the Willamette riverfront redevelopment.

Why Buyers Love It Here
  • Private, spring-fed Oswego Lake with resident lake and park access
  • Top-ranked Lake Oswego School District
  • Upscale downtown shopping, dining, and farmers’ market
  • Consistently among the highest median home prices in the Portland metro
Lake Oswego Real Estate Market

Lake Oswego is a premium, low-inventory market where lake access and school district boundaries drive significant price differences block to block.

Lake Oswego Oregon School & Public Transit Grade Ratings

Grades modeled on Niche.com’s Public Schools and Commute categories; Public Transit reflects the Commute grade, the closest available proxy. 

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