Cheap 1 Bedroom Apartments for Rent in the Lake Road Neighborhood of Milwaukie, OR from $1,240 (31 Rentals)

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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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North Main Village
1 Bedroom Apartments

North Main Village

10558-10560 SE Main StMilwaukie, OR 97222
  • Utilities Included

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.

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Shorewood Terrace
1 Bedroom Apartments

Shorewood Terrace

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

Chestnut Place

12106 SE Lake RdMilwaukie, OR 97222
  • Utilities Included
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Crystal Lake
1 Bedroom Apartments

Crystal Lake

10500 SE 26th AveMilwaukie, OR 97222
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Heatherbrae
1 Bedroom Apartments

Heatherbrae

10303 SE Bell AveMilwaukie, OR 97222

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Courtney Square
1 Bedroom Apartments

Courtney Square

2660 SE Courtney RdPortland, OR 97222
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Tenino Terrace
1 Bedroom Apartments

Tenino Terrace

2405 SE Umatilla StPortland, OR 97202
  • Utilities Included
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The Sellina
1 Bedroom Apartments

The Sellina

1717 SE Tenino StPortland, OR 97202

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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Waverly Surf
1 Bedroom Apartments

Waverly Surf

602-764 SE Linn StPortland, OR 97202
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3125 SE Van Waters St
1 Bedroom Apartments

3125 SE Van Waters St

3125 SE Van Waters StPortland, OR 97222
Furnished
  • Utilities Included
  • Smoke Free

Lake Road, Milwaukie, OR Local Guide

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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Getting Around the Lake Road Neighborhood in Milwaukie, OR

Walk Score®

55 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

61 / 100

Bikeable

Some bike infrastructure

Transit Score®

32 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Lake Road Apartments

What is a cheap apartment in Lake Road?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lake Road is under $1,395.

What is the price of a cheap apartment in Lake Road?

The cheapest apartment in Lake Road is Lake Village which is listed at $1,275, while the average apartment in Lake Road costs $2,629.

What types of apartments are the cheapest in Lake Road?

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 Lake Road 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 Lake Road?

Cheap apartments in Lake Road have an average cost of $189 which is $2,440 cheaper than the average rent for all rentals in Lake Road.

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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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.

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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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.