Cheap Apartments for Rent in Milwaukie, OR from $500 (174 Rentals)

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Search the lowest-cost Apartments available for rent right now in Milwaukie.

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Lake Crest Apartments
Rent Specials
$1,271 - $1,868
Total Monthly Price

Total Monthly Price

Base Rent
$1,271 - $1,868
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Lake Crest Apartments

8106 SE Lake RdMilwaukie, OR 97267
Pet Friendly
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  • Low Income

From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots

Discover the true heart of Portland, Oregon, with this local expert's guide. Explore the city's unique history, from the coin toss that named it to its "Keep Portland Weird" culture, and get an insider look at its most notable neighborhoods and internationally recognized food scene.

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Henley Place
Rent Specials
$1,445 - $3,014
Total Monthly Price

Total Monthly Price

Base Rent
$1,445 - $3,014
Total Monthly Price
$1,445 - $3,014
Studio to 2 Bedroom Apartments Available Now

Henley Place

10306 SE Main StMilwaukie, OR 97222
Active Lifestyle
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  • Customer Reviewed
  • 3D Tour

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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property at 4300 SE Mason Ln

$1,700 - $2,995

2 To 3 Bedroom Rentals

Available Now

4300 SE Mason Ln

MilwaukieOR97222
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The Heights Apartments
Rent Specials
$1,749 - $2,149
Total Monthly Price

Total Monthly Price

Base Rent
$1,749 - $2,149
Total Monthly Price
$1,749 - $2,149
2 to 3 Bedroom Apartments Available Now

The Heights Apartments

8057 SE Monroe StMilwaukie, OR 97222
Eco-Friendly
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  • Customer Reviewed
  • Utilities Included

Portland’s Best Affordable Neighborhoods

Learn about Portland and the best places to live with original content written by our Portland, OR Local Expert Chad Deitchley

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Hillside Manor
1 to 2 Bedroom Apartments

Hillside Manor

10244 SE D StMilwaukie, OR 97222
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Stanford
1 to 2 Bedroom Apartments

Stanford

2013 SE Courtney RdMilwaukie, OR 97222
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Riverside Villa
2 Bedroom Apartments

Riverside Villa

18734-18766 SE River RdMilwaukie, OR 97267
  • Utilities Included
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Seneca Terrace
2 Bedroom Apartments

Seneca Terrace

11802 SE Fuller RdMilwaukie, OR 97222
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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North Main Village
1 to 2 Bedroom Apartments

North Main Village

10544 SE Main StMilwaukie, OR 97222
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Quail Ridge Apartments
1 to 2 Bedroom Apartments

Quail Ridge Apartments

2868 SE Lake RdMilwaukie, OR 97222
  • Utilities Included
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Chestnut Place
1 to 2 Bedroom Apartments

Chestnut Place

12106 SE Lake RdMilwaukie, OR 97222
  • Utilities Included
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Z_Willamalane
1 to 3 Bedroom Apartments

Z_Willamalane

4707 SE Boardman AveMilwaukie, OR 97267
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15540 SE E Ave
2 Bedroom Apartments

15540 SE E Ave

15540 SE E AveMilwaukie, OR 97267

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Milwaukie, OR Local Guide

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Local Guide Expert

Cheapest Available Milwaukie Apartments for Rent

 

The cheapest available apartment rental in Milwaukie, OR is a 1 Bed unit found at Hillside Manor in the Eastmoreland neighborhood priced from $835. Parkside Heights in the Eastmoreland neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. Here is today’s list of the most affordable Milwaukie apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hillside Manor1x11BR,1BA$835
Parkside HeightsStudioStudio,1BA$1,050
Avana at Happy ValleyOne Bedroom One Bath (581 SF)1BR,1BA$1,063
Wimbledon Square And GardensSpaldingStudio,1BA$1,164
Bellrose Station2x12BR,1BA$1,180
Dutch Village Apartments0BR/1.0BAStudio,1BA$1,185
73FosterStudioStudio,1BA$1,246
ReNew Johnson CreekJuniperStudio,1BA$1,249
NovusOri Semi-Furnished Studio 2Studio,1BA$1,259
Lake Crest ApartmentsStudioStudio,1BA$1,271

Best Value Apartments for Rent in Milwaukie, OR

As of July 29, 2026 the best value apartment in the Milwaukie area is the $1.28 price per square foot 2/2 Model at Rosewood Station in the in the West Mt Scott neighborhood starting from $1,506. The second greatest value Milwaukie apartment is the Two-Bedroom Model at Fuller Station starting at $1,687 with a $1.64 price per square foot in the Woodstock neighborhood. Here is today’s list of the best values for Milwaukie apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Rosewood Station2/22BR,2BA$1.28
Fuller StationTwo-Bedroom2BR,2BA$1.64
Westview Townhomes2bd/1.5Bth2BR,1.5BA$1.73
River Cliff ApartmentsThe Bluff2BR,1BA$1.67
Fox Pointe Apartments2 Bedroom, 1 Bath B2BR,1BA$1.63
Mt. Scott Commons2 bedroom 2 bath2BR,2BA$1.77
Acadia GardensTwo Bedroom2BR,2BA$1.77
Sunnyside Park Apartments2x12BR,1BA$1.68
Village Monroe Apartments2BR/1.0BA2BR,1BA$1.77
Bellrose Station2x12BR,1BA$1.46

The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs

Balance work and life in Portland. Explore the neighborhoods for renting that offer great amenities and quick commutes to the city's top major employers. Find your Portland apartment today!

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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A Local Experts Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland

A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Portland area. Find your perfect Student apartment, condo, or rental home today

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Milwaukie Overview

Milwaukie, OR, is a wonderful town to call home. It offers up the convenience of being close to the City of Portland while still maintaining its small-town charm. However, you do not need to travel to Portland to find something to do. Milwaukie has so much to offer its residents, including a vibrant restaurant scene, movie theaters, and plenty of outdoor activities such as hiking and kayaking. 

Why live in Milwaukie, OR?

Milwaukie is a wonderful option for people to rent an apartment. There are plenty of activities to do both outdoors during the summer months and indoors when the colder weather comes in. Residents can enjoy the small-town lifestyle while still being close to a major city. 

Best Local Schools in
Milwaukie, OR

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Milwaukie, OR Rentals by Map

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See the most popular apartments and homes in Milwaukie, OR

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Frequently Asked Questions about Cheap Milwaukie Apartments

What is the Cheapest Studio apartment in Milwaukie?

Currently the most affordable Cheap Studio Apartment in Milwaukie is at Parkside Heights listed at $1,150.

How much is rent for a Cheap One Bedroom Milwaukie Apartment?

The lowest price for a Cheap One Bedroom Milwaukie Apartment is $835 at Hillside Manor.

What is the lowest price for a Cheap Two Bedroom Milwaukie Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Milwaukie is starting from $1,180 at Bellrose Station.

What is the most affordable Milwaukie Three Bedroom Apartment?

The best deal on a cheap Milwaukie Three Bedroom Apartment rental is at Driftwood Terrace and starts from $1,795.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Helpful Local Expert Guides

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From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots

Written by: Chad Deitchley

Hello! My name is Chad, and I am your ApartmentHomeLiving.com Local Expert for Portland, Oregon. After living in this one-of-a-kind city for more than 20 years, I have seen it change in many exciting ways.

decorative image for The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs article

The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs

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Let me introduce myself as your ApartmentHomeLiving Local Expert for Portland, Oregon. I’m Chad, and I can attest firsthand to the vibrant and funky nature of this one-of-a-kind city.

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Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland

Written by: Chad Deitchley

Hello! My name is Chad, and I joined the ApartmentHomeLiving.com team as a Local Expert after living in Portland, Oregon, for more than 20 years. I have a deep love for this charming and vibrant city.

decorative image for A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent

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As your ApartmentHomeLiving.com Local Expert for Portland, Oregon, I’d like to briefly introduce myself. My name is Chad, and I come to the ApartmentHomeLiving.com team after living in Portland for decades.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.