Cheap Apartments for Rent in the Historic Milwaukie Neighborhood of Milwaukie, OR from $1,000 (41 Rentals)

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

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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Shorewood Terrace
1 to 2 Bedroom Apartments

Shorewood Terrace

11233 SE 27th AveMilwaukie, OR 97222
  • Utilities Included
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Chestnut Place
1 to 2 Bedroom Apartments

Chestnut Place

12106 SE Lake RdMilwaukie, 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

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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Banbury Apartments
Studio to 2 Bedroom Apartments

Banbury Apartments

1651 SE Lava DrMilwaukie, OR 97222
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Crystal Lake
1 to 2 Bedroom Apartments

Crystal Lake

10500 SE 26th AveMilwaukie, OR 97222

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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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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Dutch Village Apartments
Studio to 1 Bedroom Apartments

Dutch Village Apartments

11345 SE 27th AvePortland, OR 97222
  • Utilities Included

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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Waverly Surf
1 to 2 Bedroom Apartments

Waverly Surf

602-764 SE Linn StPortland, OR 97202
Showing Results 1-41, 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 Studio unit found at Studio Pointe Apartments priced from $1,145. Sellwood Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,150. Here are the most affordable Historic Milwaukie apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Studio Pointe ApartmentsStudio 1Studio,1BA$1,145
Sellwood Apartments0BR/1.0BAStudio,1BA$1,150
ReNew Johnson CreekJuniperStudio,1BA$1,250
Nehalem 13StudioStudio,1BA$1,295
Axletree Apartments - City Vibes, Small Town SoulKELLOGG 1Studio,1BA$1,295
Miramonte LodgeMorrisonStudio,1BA$1,315
Henley PlaceThe MapleStudio,1BA$1,320
Modera WoodstockS02Studio,1BA$1,335
Holm at SellwoodStudio AStudio,1BA$1,399
Lake Village2x12BR,1BA$1,450

Best Value Apartments for Rent in Historic Milwaukie, OR

As of November 22, 2025 the best value apartment in the Historic Milwaukie area is the $2.00 price per square foot 6336 SE Cedarcrest Dr Model at 6336 SE Cedarcrest Dr, Unit A in the in the Historic Milwaukie neighborhood starting from $2,400. The second greatest value Historic Milwaukie apartment is the 2x1.5 Model at Willamette Townhouse starting at $1,650 with a $1.50 price per square foot in the Eastmoreland 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.
6336 SE Cedarcrest Dr, Unit A6336 SE Cedarcrest Dr3BR,1.5BA$2.00
Willamette Townhouse2x1.52BR,1.5BA$1.50
54 Woodstock Apartments~ Great Location ~Vibrant Neighborhood2BR/2.0BA2BR,2BA$1.94
5830 S Kelly Ave, Unit #15830 S Kelly Ave2BR,1BA$1.80
Briarwood Townhomes2 Bedrooms, 1 Bathroom2BR,1BA$1.94
1412 SW Custer Dr, Unit Upper View Unit1412 SW Custer Dr2BR,1BA$1.93
Lake Village2x12BR,1BA$1.96
The Woodstock!2x1.52BR,1.5BA$2.32
Overlook at the WillametteOne Bedroom1BR,1BA$2.20
Pickett Park2x12BR,1BA$2.31

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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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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Pet Friendly Lifestyle
Historic Milwaukie, Milwaukie, OR

Ranked #5

Among cities in Oregon for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Historic Milwaukie, Milwaukie, OR

School data provided by Great Schools

Getting Around the Historic Milwaukie Neighborhood in Milwaukie, OR

Walk Score®

79 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

82 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

54 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $1,450.

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

The cheapest apartment in Historic Milwaukie is Sellwood Apartments which is listed at $1,199, while the average apartment in Historic Milwaukie costs $2,499.

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 16 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 $227 which is $2,272 cheaper than the average rent for all rentals in Historic Milwaukie.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.