The Best Cheap Hotels in Lake Oswego, OR from ￥10,409 in 2026

Early morning sunlight illuminates fog that has settled in the Willamette Valley in northern Oregon, not far south of Portland. The entire Pacific Northwest is known for its moist, temperate climate.

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Our top choices for Lake Oswego cheap hotels

Motel 6 Tigard, OR - Portland South - Lake Oswego

Lake Oswego

Bethany

￥10,409 total

includes taxes & fees

May 27 - May 28

Holiday Inn Express Portland South-Lake Oswego by IHG

Lake Oswego

Nataly

￥18,873 total

includes taxes & fees

May 25 - May 26

Hilton Garden Inn Portland/Lake Oswego

Lake Forest

Bailey

￥19,740 total

includes taxes & fees

Jun 11 - Jun 12

Fairfield Inn & Suites by Marriott Lake Oswego

Lake Forest

Julie

￥18,929 total

includes taxes & fees

May 28 - May 29

Best Western Lake Oswego/Portland Hotel & Suites

Lake Forest

Deb

￥18,002 total

includes taxes & fees

May 25 - May 26

AC Hotel by Marriott Portland Lake Oswego

Lake Forest

Aaron

￥24,311 total

includes taxes & fees

May 28 - May 29

Residence Inn by Marriott Lake Oswego

Lake Forest

Joseph

￥22,866 total

includes taxes & fees

Jun 7 - Jun 8

Lakeshore Inn

Lakewood

Daniel

￥39,538 total

includes taxes & fees

May 21 - May 22

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Top Lake Oswego Hotel Reviews

Heathman Lodge

10/10 Excellent

"Good"

Mark Spencer Hotel

10/10 Excellent

"Had a great experience with the Mark Spencer hotel. From check in to check out everything went so smooth. They allowed me to check in early. Helped me with my luggage. Staff was super friendly. Room was very clean and plenty comfortable. The gym room could use a little help but that’s not a huge deal. Would definitely recommend staying here. "

Embassy Suites by Hilton Portland Downtown

8/10 Good

"Breakfast was really great. Love the omelette station. Staff was friendly especially the valet team. They are very kind and professional. Parking is pretty expensive $65 per night. Location was great. Some characters on the street but just mind your own business and keep your head on a swivel. MUJI was right down the road and they have a really nice mall there. Pool and arcade room was ok. Hot tubs were great. Overall what made this stay great was the staff and the location. Would definitely stay again"

Red Lion Hotel Portland Airport

6/10 Okay

"Staff was friendly. There's no lift to second floor so if you have bags or trouble carrying them up stairs then I don't recommend. Room was very poor condition, although clean. The door handles seemed to be put upside down so we had difficulty accessing entry. The bolt lock was coming off wall, cracked mirror frames, particle board exposed with nails on furniture, wet spots on carpet ( guess they just were cleaned?), just over all run down. Shuttle was easy, although we are disputing an overnight parking charge and we didn't have a car but have been told it will be reversed. Overall it's $100 for a clean place to stay, although the condition of the room gave initial doubts but for me friendly staff and clean is more priority. Can't say I wouldn't stay again but I now know what to expect from room."

Frequently asked questions

What is Lake Oswego like for travelers on a budget?

Lake Oswego has cheap accommodation options and a range of things to see and do, making it a budget-friendly vacation choice. You can find ways to save money while getting to know this destination, which is home to attractions like Willamette River, Lake Oswego Farmers' Market, and Willamette Shore Trolley.

When is the best time for a budget trip to Lake Oswego?

Weather is probably a major factor when you plan your trip to Lake Oswego, and keep in mind that cheaper options are usually available when the weather isn't as good. The hottest months are usually August and July with an average temp of 67°F, while the coldest months are February and December with an average of 42°F. The rainiest months in Lake Oswego are December, January, November, and March, with each month seeing an average of 7 inches of rainfall.

What is there to see and do in Lake Oswego?

Lake Oswego attracts visitors with its fantastic dining options and lakeside setting, and offers plenty to see and do without spending a fortune. You can budget for the local attractions that interest you most, and then plan some activities that are easy on the wallet. Take in the local culture at Arts Council of Lake Oswego and Lakewood Center for the Arts, or visit other spots like Aladdin Theater.

How can I get to Lake Oswego and get around on a budget?

Scoping out the transportation options in Lake Oswego can help keep you on budget. The most convenient airport is Portland International Airport (PDX), 12.2 mi (19.7 km) away. Lake Oswego might not have very many public transit options so renting a car could be an economical alternative to explore the area.

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Our top choices for Lake Oswego cheap hotels

Motel 6 Tigard, OR - Portland South - Lake Oswego