Lake Oswego (2020 Census population ~40,700) is a suburb south of Portland, built around 405-acre Oswego Lake in Clackamas County (with portions in Multnomah and Washington counties). Known for lake-oriented living and a downtown, it blends lakeside estates, the Lake Grove village center and extensive parks and pathways. Housing is among the priciest in the metro.
Photography of Lake OswegoPhoto: Multiple credited photographers · See source links
Home prices in Lake Oswego
The median listing price in Lake Oswego is $1,075,000.
Top places in Lake Oswego
Oswego Lake — private lake at the city's center (shown: the lake canal below).
Millennium Plaza Park — downtown lakefront plaza and farmers market.
George Rogers Park — Willamette River waterfront.
Historic Oregon Iron Company furnace in Roehr Park (shown: the furnace crucible below).
Lake Grove village center shops and dining.
Commuting from Lake Oswego
Approximate drive to downtown Portland: ~20 minutes via OR-43 or I-5 (approximate; longer at peak).
No MAX or WES rail service; TriMet bus service connects to downtown and the Orange Line.
Schools in Lake Oswego
Public schools: Lake Oswego School District. For enrollment and performance data, see the state report card in Town links below. Confirm school assignment for any address directly with the district.
Lake Oswego FAQs
What is the housing market like in Lake Oswego, OR? The median listing price in Lake Oswego is $1,075,000. Median listing price (September 2026 research snapshot)
How is the commute from Lake Oswego, OR? Approximate drive to downtown Portland: ~20 minutes via OR-43 or I-5 (approximate; longer at peak).
Which school district serves Lake Oswego, OR? Lake Oswego is served by Lake Oswego School District. See the state report card in Town links, and confirm school assignment for a specific address with the district.