Cheap 3 Bedroom Apartments for Rent in the Lake Road Neighborhood of Milwaukie, OR from $1,850 (1 Rental)
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.
Lake Road, Milwaukie, OR Local Guide

How much does it cost to rent an apartment in Lake Road?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lake Road Studio Apartments | $1,395 | $1,095 | $1,600 |
Lake Road 1 Bedroom Apartments | $1,643 | $1,195 | $3,700 |
Lake Road 2 Bedroom Apartments | $2,029 | $1,325 | $5,550 |
Lake Road 3 Bedroom Apartments | $2,504 | $1,850 | $3,299 |
Explore Milwaukie
Lake Road, Milwaukie, OR Local Guide
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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.
Pet Friendly LifestyleLake Road, Milwaukie, OR
Ranked #7
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Lake Road, Milwaukie, OR
Milwaukie Elementary School
School data provided by Great Schools
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
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 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 $1,415.
What is the price of a cheap apartment in Lake Road?
The cheapest apartment in Lake Road is Fuller Commons which is listed at $1,850, while the average apartment in Lake Road costs $2,595.
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 9 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 $266 which is $2,329 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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.