Cheap Apartments for Rent in the Historic Milwaukie Neighborhood of Milwaukie, OR from $900 (37 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
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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
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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

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The Morgan
$1,240 - $1,565
Total Monthly Price

Total Monthly Price

Base Rent
$1,240 - $1,565
Total Monthly Price
$1,240 - $1,565
Studio to 2 Bedroom Apartments Available Now

The Morgan

1650 SE Tacoma StPortland, OR 97202
Affordability
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  • Utilities Included
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Meetinghouse
Rent Specials
$1,268 - $2,925
Total Monthly Price

Total Monthly Price

Base Rent
$1,268 - $2,925
Total Monthly Price
$1,268 - $2,925
Studio to 2 Bedroom Apartments Available Now

Meetinghouse

1630 SE Rural StPortland, OR 97202
Family Friendly
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  • 3D Tour

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Modera Woodstock
Rent Specials
$1,375 - $2,395
Total Monthly Price

Total Monthly Price

Base Rent
$1,346 - $2,366
Required Monthly Fees
$29
Total Monthly Price
$1,375 - $2,395
Studio to 1 Bedroom Apartments Available Now

Modera Woodstock

4850 SE Woodstock BlvdPortland, OR 97206
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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
Showing Results 1-37, 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 Sellwood Apartments priced from $1,175. The Morgan has the second lowest priced unit, which is a Studio apartment currently listed from $1,240. Here are the most affordable Historic Milwaukie apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Sellwood Apartments1x1 3891BR,1BA$1,175
The MorganThe Morgan PDX StudioStudio,1BA$1,240
Dutch Village Apartments0x1Studio,1BA$1,250
54 Woodstock Apartments~ Great Location ~Vibrant Neighborhood1BR/1.0BA1BR,1BA$1,295
Charbern Apts - In The Heart of Milwaukie Oregon1BR/1.0BA1BR,1BA$1,300
Pickett Park2x12BR,1BA$1,300
NovusOri Semi-Furnished Studio 1Studio,1BA$1,325
Axletree Apartments - City Vibes, Small Town SoulKELLOGG 1Studio,1BA$1,328
Terwilliger Terrace1 x 1 F1BR,1BA$1,348

Best Value Apartments for Rent in Historic Milwaukie, OR

As of March 02, 2026 the best value apartment in the Historic Milwaukie area is the $1.93 price per square foot 3 Bed, 2.5 Bath Model at Quail Park Homes in the in the Historic Milwaukie neighborhood starting from $2,999. The second greatest value Historic Milwaukie apartment is the 3BR/2.0BA Model at Images Springcreek Apartments starting at $2,495 with a $2.07 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.
Quail Park Homes3 Bed, 2.5 Bath3BR,2.5BA$1.93
Images Springcreek Apartments3BR/2.0BA3BR,2BA$2.07
North Main Village2 Bed 2 Bath2BR,2BA$1.47
Terwilliger Terrace1 x 1 F1BR,1BA$1.80
Lake Village and Lakewood Apartments2x12BR,1BA$1.99
Miramonte LodgeMarquam1BR,1BA$2.14
ReNew Johnson CreekAspen1BR,1BA$2.16
Pickett Park2x12BR,1BA$2.00
Charbern Apts - In The Heart of Milwaukie Oregon1BR/1.0BA1BR,1BA$2.04
54 Woodstock Apartments~ Great Location ~Vibrant Neighborhood1BR/1.0BA1BR,1BA$2.19

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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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 $1,348.

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

The cheapest apartment in Historic Milwaukie is Sellwood Apartments which is listed at $1,175, while the average apartment in Historic Milwaukie costs $3,199.

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 $282 which is $2,917 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

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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.

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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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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.

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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.