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from $1,245Studio to 2 Bedroom Apartments Available Now
Miramonte Lodge
12200 SE McLoughlin BlvdMilwaukie, OR 97222
Cheap Apartments for Rent in the Island Station Neighborhood of Milwaukie, OR from $800 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in the Island Station area of Milwaukie.
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from $1,295Studio to 3 Bedroom Apartments Contact Us For Availability
Driftwood Terrace Apartments
13455 SE Oatfield RdMilwaukie, OR 97222
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from $1,325Studio to 3 Bedroom Apartments Available Now
Overlook at the Willamette
12601 SE River RdMilwaukie, OR 97222
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from $1,369Studio to 2 Bedroom Apartments Available Now
Axletree Apartments
11125 SE 21st StMilwaukie, OR 97222
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from $1,395Studio to 2 Bedroom Apartments Available Now
Henley Place
10306 SE Main StMilwaukie, OR 97222
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from $1,460Studio to 3 Bedroom Apartments Available Now
Seven Acres
10999 SE 37th AveMilwaukie, OR 97222
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from $1,495Studio to 1 Bedroom Apartments Available Now
Banbury Apartments
1651 SE Lava DrMilwaukie, OR 97222
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from $1,4951 to 3 Bedroom Apartments Available Now
Concord Crossing
3710 SE Concord RdMilwaukie, OR 97267
2507 SE Monroe St
MilwaukieOR97222
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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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from $1,075Studio to 2 Bedroom Apartments Available Now
Lake Village
11850 SE 26th AvePortland, OR 97222
1111 SE Tenino St
PortlandOR97202
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from $1,2951 Bedroom Apartment Available Now
3224 SE Rockwood St, Unit 3224
3224 SE Rockwood StPortland, OR 97222
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
1111 SE Tenino St
PortlandOR97202
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from $1,440Studio to 2 Bedroom Apartments Available Now
Holm at Sellwood
8220 SE 6th AvePortland, OR 97202
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from $1,4502 Bedroom Apartments Available Now
Sunnyside Park Apartments
12345 SE Fuller RdPortland, OR 97222
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from $1,4751 Bedroom Apartments Contact Us For Availability
1111 SE Tenino St
1111 SE Tenino StPortland, OR 97202
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Portland’s Best Affordable Neighborhoods
Learn about Portland and the best places to live with original content written by our Portland, OR Local Expert Chad Deitchley
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Showing Results 1-44, Page 1 of 1
Island Station, Milwaukie, OR Local Guide
How much does it cost to rent an apartment in Island Station?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Island Station Studio Apartments | $1,427 | $1,075 | $2,655 |
| Island Station 1 Bedroom Apartments | $1,843 | $1,225 | $3,700 |
| Island Station 2 Bedroom Apartments | $2,484 | $1,450 | $7,625 |
| Island Station 3 Bedroom Apartments | $2,594 | $1,895 | $3,395 |
Browse Apartments in this Neighborhood
There are currently 44 rentals with your search options within a 2 mile radius of the Island Station Neighborhood of Milwaukie, OR.
See all Apartments in MilwaukieExplore Milwaukie
Island Station, Milwaukie, OR Local Guide
- Nearby Milwaukie neighborhoods
- Nearby Cities
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- Local Counties
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Cheapest Available Island Station Apartments for Rent
The cheapest available apartment rental in the Island Station area of Portland, OR is a Studio unit found at Lake Village priced from $1,075. Sellwood Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,075. Here are the most affordable Island Station apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lake Village | 0x1 | Studio,1BA | $1,075 |
| Sellwood Apartments | Studio A | Studio,1BA | $1,075 |
| Miramonte Lodge | Morrison | Studio,1BA | $1,245 |
| Oak Grove Village Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,250 |
| tenin01 | 1BR/1.0BA | 1BR,1BA | $1,275 |
| Dutch Village Apartments | 1x1 | 1BR,1BA | $1,275 |
| Moreland Crossing | Studio B | Studio,1BA | $1,305 |
| Overlook at the Willamette | Studio | Studio,1BA | $1,325 |
| Park Hamlin - 2323 SE Harrison | 1BR/1.0BA | 1BR,1BA | $1,395 |
Best Value Apartments for Rent in Island Station, OR
As of May 28, 2025 the best value apartment in the Island Station area is the $1.65 price per square foot Plan C Model at Waverley & Stuart Hall in the in the Eastmoreland neighborhood starting from $2,120. The second greatest value Island Station 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 Island Station apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Waverley & Stuart Hall | Plan C | 2BR,2BA | $1.65 |
| Images Springcreek Apartments | 3BR/2.0BA | 3BR,2BA | $2.07 |
| Willamette Townhouse | 2x1.5 | 2BR,1.5BA | $1.59 |
| Tara West Apartments | 2 Bedroom / 1.0 Bath townhome | 2BR,1.5BA | $1.59 |
| Sunnyside Park Apartments | 2x2 | 2BR,2BA | $1.67 |
| River Cliff Apartments | Layout A | 2BR,1BA | $1.59 |
| The Morgan | The Morgan PDX C | 1BR,1BA | $2.16 |
| Concord Crossing | One Bedroom & One Bath | 1BR,1BA | $2.07 |
| Dutch Village Apartments | 1x1 | 1BR,1BA | $2.20 |
| Overlook at the Willamette | Studio | Studio ,1BA | $2.33 |
Quick Rent Budget Calculator
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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 LifestyleIsland Station, Milwaukie, OR
Ranked #6
Among neighborhoods in Milwaukie, OR for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Island Station, Milwaukie, OR
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving.com compiles millions of data points to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in areas across the United States and customized analysis for Southern Portland, OR. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, kid and pet-friendly communities, availability of transit options, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Getting Around the Island Station Neighborhood in Milwaukie, OR
Walk Score®
59 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
59 / 100
Bikeable
Some bike infrastructure
Transit Score®
51 / 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 Island Station Apartments
What is a cheap apartment in Island Station?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Island Station is under $1,395.
What is the price of a cheap apartment in Island Station?
The cheapest apartment in Island Station is Lake Village which is listed at $1,225, while the average apartment in Island Station costs $2,540.
What types of apartments are the cheapest in Island Station?
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 13 regular apartments in Island Station 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.
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.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.