
Cheap Homes for Rent in the Ardenwald Neighborhood of Milwaukie, OR from $500 (15 Rentals)
Search the lowest-cost Homes available for rent right now in the Ardenwald area of Milwaukie.


1280 SE Nehalem St, Unit 205

1280 SE Nehalem St, Unit 301

8590 SE 72nd Ave

13030 SE Rusk Rd, Unit 13A
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.

1680 SE Rex St, Unit 2

5628 SE Rural St

7434 SE Duke St

13455 SE Oatfield Rd

6830 SE 50th Ave
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.

5612 SE 22nd Ave

8164 SE 52nd Ave

2216 SE Tacoma St

2218 SE Tacoma St

6135 SE Henderson St
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.
Ardenwald, Milwaukie, OR Local Guide

How much does it cost to rent a home in Ardenwald?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Ardenwald 2 Bedroom Homes for Rent | $2,243 | $1,445 | $2,895 |
| Ardenwald 3 Bedroom Homes for Rent | $2,966 | $1,995 | $5,300 |
| Ardenwald 4 Bedroom Homes for Rent | $3,721 | $3,295 | $4,500 |
| Ardenwald 5 Bedroom Homes for Rent | $4,396 | $3,995 | $5,000 |
Browse Homes for Rent in this Neighborhood
There are currently 15 rentals with your search options within a 2 mile radius of the Ardenwald Neighborhood of Milwaukie, OR.
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Ardenwald, Milwaukie, OR Local Guide
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Cheapest Available Ardenwald Apartments for Rent
 The cheapest available apartment rental in the Ardenwald area of Portland, OR is a 1 Bed unit found at Hillside Manor priced from $835. Studio Pointe Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $945. Here are the most affordable Ardenwald apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hillside Manor | 1x1 | 1BR,1BA | $835 |
| Studio Pointe Apartments | Studio 1 | Studio,1BA | $945 |
| Lake Village | 0x1 | Studio,1BA | $1,075 |
| Parkside Heights | Studio | Studio,1BA | $1,150 |
| Dutch Village Apartments | 0BR/1.0BA | Studio,1BA | $1,185 |
Best Value Apartments for Rent in Ardenwald, OR
As of July 09, 2026 the best value apartment in the Ardenwald area is the $1.67 price per square foot Layout A Model at River Cliff Apartments in the in the Foothills neighborhood starting from $1,625. The second greatest value Ardenwald apartment is the 2x1 Model at Willamette Townhouse starting at $1,650 with a $1.74 price per square foot in the Eastmoreland neighborhood. Here is today’s list of the best values for Ardenwald apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| River Cliff Apartments | Layout A | 2BR,1BA | $1.67 |
| Willamette Townhouse | 2x1 | 2BR,1BA | $1.74 |
| Briarwood Townhomes | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $1.94 |
| Sunnyside Park Apartments | 2x1 | 2BR,1BA | $1.68 |
| Village Monroe Apartments | 2BR/1.0BA | 2BR,1BA | $1.77 |
| Country Squire | 2 Bedroom | 2BR,1BA | $1.82 |
| Linden Terrace | 2 bed 1 bath upper | 2BR,1BA | $2.05 |
| Clackamas Trails Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.99 |
| Driftwood Terrace | 1x1 | 1BR,1BA | $1.99 |
| Tristin Square Apartments | 1 Bedroom, 1 Bath lg | 1BR,1BA | $1.99 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleArdenwald, Milwaukie, OR
Ranked #6
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Ardenwald, Milwaukie, OR
Ardenwald Elementary School
School data provided by Great Schools
Frequently Asked Questions about Ardenwald
What type of rentals are currently available in Ardenwald?
There are currently 256 Apartments for Rent in Ardenwald, OR with pricing that ranges from $945 to $3,495. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ardenwald ranging from $590 to $5,300.
What is the current price range for Rental Homes in Ardenwald?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Ardenwald ranges from $590 to $5,300 with an average monthly rent of $2,783.
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

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.

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.

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.

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

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.