Cheap Apartments for Rent in the Historic Milwaukie Neighborhood of Milwaukie, OR from $800 (44 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Historic Milwaukie area of 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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Hillside Manor
1 to 2 Bedroom Apartments

Hillside Manor

10244 SE D StMilwaukie, 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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Chestnut Place
1 to 2 Bedroom Apartments

Chestnut Place

12106 SE Lake RdMilwaukie, OR 97222
  • Utilities Included

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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Quail Ridge Apartments
1 to 2 Bedroom Apartments

Quail Ridge Apartments

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

Crystal Lake

10500 SE 26th AveMilwaukie, OR 97222
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Banbury Apartments
Studio to 2 Bedroom Apartments

Banbury Apartments

1651 SE Lava DrMilwaukie, OR 97222
  • Utilities Included

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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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Dutch Village Apartments
Studio to 1 Bedroom Apartments

Dutch Village Apartments

11345 SE 27th AvePortland, OR 97222
  • Utilities Included
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Waverly Surf
1 to 2 Bedroom Apartments

Waverly Surf

602-764 SE Linn StPortland, OR 97202
Showing Results 1-44, Page 1 of 1

Historic Milwaukie, Milwaukie, OR Local Guide

Cheapest Available Historic Milwaukie Apartments for Rent

 

The cheapest available apartment rental in the Historic Milwaukie 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 Historic Milwaukie apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Hillside Manor1x11BR,1BA$835
Studio Pointe ApartmentsStudio 1Studio,1BA$945
54 Woodstock Apartments~ Great Location ~Vibrant Neighborhood0BR/1.0BAStudio,1BA$1,150
Sellwood Apartments1x1 3891BR,1BA$1,175
Dutch Village Apartments0x1Studio,1BA$1,185
Modera WoodstockS01Studio,1BA$1,199
ReNew Johnson CreekJuniperStudio,1BA$1,269
Charbern Apts - In The Heart of Milwaukie Oregon1BR/1.0BA1BR,1BA$1,295
BD52Studio CStudio,1BA$1,299
Pickett Park2x12BR,1BA$1,300

Best Value Apartments for Rent in Historic Milwaukie, OR

As of April 18, 2026 the best value apartment in the Historic Milwaukie area is the $1.54 price per square foot 2x1.5 Model at Willamette Townhouse in the in the Eastmoreland neighborhood starting from $1,695. The second greatest value Historic Milwaukie apartment is the 3x2 Model at The Woodstock! starting at $2,095 with a $1.97 price per square foot in the Southeast Portland neighborhood. Here is today’s list of the best values for Historic Milwaukie apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Willamette Townhouse2x1.52BR,1.5BA$1.54
The Woodstock!3x23BR,2BA$1.97
Images Springcreek Apartments2BR2BR,1BA$1.89
Briarwood Townhomes2 Bedrooms, 1.5 Bathrooms2BR,1.5BA$2.00
Milwaukie Avenue ApartmentsBottom Floor2BR,1BA$1.81
Driftwood Terrace2x12BR,1BA$1.87
Terwilliger Terrace1 x 1 F1BR,1BA$1.79
434 S Idaho St, Unit Idaho Street434 S Idaho St2BR,1BA$1.93
Lake Village and Lakewood Apartments2x12BR,1BA$1.99
Pickett Park2x12BR,1BA$2.00

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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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Best Local Schools in
Historic Milwaukie, Milwaukie, OR

School data provided by Great Schools

Frequently Asked Questions about Cheap Historic Milwaukie Apartments

What is a cheap apartment in Historic Milwaukie?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Historic Milwaukie is under $1,300.

What is the price of a cheap apartment in Historic Milwaukie?

The cheapest apartment in Historic Milwaukie is Hillside Manor which is listed at $835, while the average apartment in Historic Milwaukie costs $2,899.

What types of apartments are the cheapest in Historic Milwaukie?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 12 regular apartments in Historic Milwaukie that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Historic Milwaukie?

Cheap apartments in Historic Milwaukie have an average cost of $204 which is $2,695 cheaper than the average rent for all rentals in Historic Milwaukie.

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

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

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.

decorative image for From Arts to Eats: A Local Insiders Guide to Living in Portland's Best Spots article

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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.