Cheap Apartments for Rent in Milwaukie, OR from $500 (146 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Henley Place
Rent Specials
$1,445 - $3,694
Total Monthly Price

Total Monthly Price

Base Rent
$1,445 - $3,694
Total Monthly Price
$1,445 - $3,694
Studio to 2 Bedroom Apartments Available Now

Henley Place

10306 SE Main StMilwaukie, OR 97222
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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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
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Seneca Terrace
2 Bedroom Apartments

Seneca Terrace

11802 SE Fuller RdMilwaukie, OR 97222
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Driftwood Terrace
Studio to 3 Bedroom Apartments

Driftwood Terrace

13455 SE Oatfield RdMilwaukie, OR 97222
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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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Heatherbrae
1 to 3 Bedroom Apartments

Heatherbrae

10303 SE Bell AveMilwaukie, OR 97222
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Quail Ridge Apartments
1 to 2 Bedroom Apartments

Quail Ridge Apartments

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

Chestnut Place

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

Z_Willamalane

4707 SE Boardman AveMilwaukie, OR 97267

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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15540 SE E Ave
2 Bedroom Apartments

15540 SE E Ave

15540 SE E AveMilwaukie, OR 97267
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The Village at Monroe
2 Bedroom Apartments

The Village at Monroe

7946 SE Monroe StMilwaukie, OR 97222
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5121 SE Meldrum Ave
2 to 3 Bedroom Apartments

5121 SE Meldrum Ave

5121 SE Meldrum AveMilwaukie, OR 97267
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Crystal Lake
1 to 2 Bedroom Apartments

Crystal Lake

10500 SE 26th AveMilwaukie, OR 97222
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Linden Terrace
2 Bedroom Apartments

Linden Terrace

13306 SE Linden LnMilwaukie, OR 97222
  • Utilities Included

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. Rosewood Station in the West Mt Scott neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $922. Here is today’s list of the most affordable Milwaukie apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hillside Manor1x11BR,1BA$835
Rosewood Station1/11BR,1BA$922
Wimbledon Square And GardensChelseaStudio,1BA$1,150
Avana at Happy ValleyStudio One Bath (424 SF)Studio,1BA$1,162
Bellrose Station2x12BR,1BA$1,180
Dutch Village Apartments0x1Studio,1BA$1,185
Charbern Apartments1BR/1.0BA1BR,1BA$1,195
Shorewood Terrace Apartments1 Bedroom Garden1BR,1BA$1,195
ReNew Johnson CreekJuniperStudio,1BA$1,229
King Manor in Milwaukie1x11BR,1BA$1,250

Best Value Apartments for Rent in Milwaukie, OR

As of June 14, 2026 the best value apartment in the Milwaukie area is the $1.68 price per square foot 3 Bed 2.5 Bath Townhome A Phase II Model at Latitude in the in the West Mt Scott neighborhood starting from $2,631. 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.
Latitude3 Bed 2.5 Bath Townhome A Phase II3BR,2.5BA$1.68
Fuller StationTwo-Bedroom2BR,2BA$1.64
Westview Townhomes2bd/1.5Bth2BR,1.5BA$1.73
Tara West Apartments2 Bedroom / 1.0 Bath townhome2BR,1.5BA$1.59
Sunnyside Park Apartments2x22BR,2BA$1.66
Fox Pointe2 Bedroom, 1 Bath B2BR,1BA$1.63
Camille Court Apartments2 Bed 1 Bath2BR,1BA$1.65
Overlook Pointe Apartments2 Bedroom 880 sq. ft.2BR,1BA$1.73
Bellrose Station2x12BR,1BA$1.46
Rosewood Station1/11BR,1BA$1.16

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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Quick Rent Budget Calculator

How much rent can you afford?

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 Wimbledon Square And Gardens listed at $1,014.

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 Country Squire and starts from $1,676.

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

Written by: Chad Deitchley

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.

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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 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

Written by: Chad Deitchley

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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From Arts to Eats: A Local Insiders 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.

Articles, How-To's, and Tips

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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.