Lake Oswego
Old Town
The town's oldest streets, between the lake and the Willamette.
On the map
Boundary is approximate — refined per neighborhood over time.
Pacific Relocation's take
Where the town actually started — lake on one side, river on the other.
Old Town is Lake Oswego's original settlement, a pocket of cottages and older homes squeezed between Oswego Lake and the Willamette, anchored by George Rogers Park and its iron furnace. We place clients here who want the lake-town character and riverfront walks without the sticker shock of a true lakefront address. It rewards people who value a quiet, leafy, slightly historic feel and easy access to the water over walk-to-downtown convenience — the A Avenue shops are a longer stroll than from First Addition. Streets are narrow and a few homes sit in the creek floodplain, so micro-location matters more here than almost anywhere in town. We like it for empty-nesters and small families who'll use the park daily; we time showings for late spring when the river beach is open and the area shows at its best.
Lifestyle figures
Best of Old Town for you
Outdoors / hiking / parks
- George Rogers Park0.4 km
Lake Oswego's first community park — riverfront beach, the historic iron furnace, and trail links along the Willamette.
- Old River Road Path0.6 km
Quiet riverside walking and cycling route tracing the Willamette toward Mary's Woods.
Beach / water
- George Rogers Park Beach0.4 km
Sandy Willamette River beach where Oswego Creek meets the river — the town's classic summer swimming spot.
- Roehr Park0.6 km
Willamette riverfront park with a kayak/SUP launch and lawn — Old Town’s water access beyond the lake.
Directions ↗Pinned on map
Family-friendly
- Hallinan Elementary School1.2 km
Well-regarded neighborhood elementary serving the southeast lake-and-river side of town.
Directions ↗Pinned on map - Sundeleaf Plaza0.7 km
Small waterfront plaza on Lakewood Bay, a short walk for an easy family outing by the lake.
Directions ↗Pinned on map
To buy (USD)
| Type | Low | Median | High |
|---|---|---|---|
| 1 BR | 330,000 | 400,000 | 510,000 |
| 2 BR | 405,000 | 495,000 | 635,000 |
| 3 BR | 535,000 | 650,000 | 830,000 |
Estimated from local rents — placeholder, pending verified sale data.
Rent ranges (USD)
| Type | Low | Median | High | Δ 12mo |
|---|---|---|---|---|
| 1 BR | 1,650 | 1,850 | 2,150 | ↓ 1.5% |
| 2 BR | 2,000 | 2,300 | 2,750 | ↓ 2.0% |
| 3 BR | 2,600 | 3,000 | 3,700 | ↓ 1.5% |
Source: Rentals.ca + Zumper Q1 2026, refreshed weekly via our rent worker.
Our advice
Before you sign a lease
- Parts of Old Town near Oswego Creek and the river sit in a FEMA flood zone — confirm flood history and whether renters insurance requires a flood rider
- Several rentals are older cottages with knob-and-tube or dated electrical — ask for the most recent electrical and roof updates in writing
- Lake access is not automatic with a lease here; only specific easement properties carry Oswego Lake Corporation privileges, so never assume swim-park or dock rights
Pacific Relocation
Want our help finding a place here?
Book a free 30-min Discovery Call with Pacific Relocation.
Last reviewed 2026-06-11.