Clackamas & Washington Counties | Population: ~40,000 | Portland Metro
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 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.
- 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 is a premium, low-inventory market where lake access and school district boundaries drive significant price differences block to block.

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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