Cheap Apartments for Rent in the Historic Milwaukie Neighborhood of Milwaukie, OR from $1,000 (32 Rentals)

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

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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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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
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Dutch Village Apartments
Studio to 1 Bedroom Apartments

Dutch Village Apartments

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

Waverly Surf

602-764 SE Linn StPortland, OR 97202
Showing Results 1-32, 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. ReNew Johnson Creek 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 2Studio,1BA$1,145
ReNew Johnson CreekJuniperStudio,1BA$1,150
Sellwood Apartments1BR/1.0BA1BR,1BA$1,150
54 Woodstock , Studios & One Bedrooms0BR/1.0BAStudio,1BA$1,195
Overlook at the WillametteStudioStudio,1BA$1,260
Axletree ApartmentsKELLOGG 3Studio,1BA$1,275
Nehalem 13StudioStudio,1BA$1,295
NovusOri Semi-Furnished Studio 1Studio,1BA$1,325
Henley PlaceThe MapleStudio,1BA$1,360
Modera WoodstockS02Studio,1BA$1,385

Best Value Apartments for Rent in Historic Milwaukie, OR

As of November 17, 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
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
1610 SW Freeman St, Unit Apt B1610 SW Freeman St1BR,1BA$1.94
Lake Village2x12BR,1BA$1.96
The MorganThe Morgan PDX C1BR,1BA$2.01
Overlook at the WillametteOne Bedroom1BR,1BA$2.24
Pickett Park2x12BR,1BA$2.31

Quick Rent Budget Calculator

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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 $1,385.

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

The cheapest apartment in Historic Milwaukie is Sellwood Apartments which is listed at $1,150, while the average apartment in Historic Milwaukie costs $2,649.

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 14 regular apartments in Historic Milwaukie that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.

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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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! 

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

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.