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Cheap Apartments for Rent in the Lake Road Neighborhood of Milwaukie, OR from $800 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Road area of Milwaukie.
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Rent Specials
$1,200 - $1,7001 to 2 Bedroom Apartments Available Now
King Manor in Milwaukie
7911 SE King RdMilwaukie, OR 97222
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$1,250 - $1,650Studio to 2 Bedroom Apartments Available Now
ReNew Johnson Creek
12363 SE Linwood AveMilwaukie, OR 97222
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$1,2951 Bedroom Apartment Available Dec 1
3220 SE Rockwood St, Unit 3220
3220 SE Rockwood StMilwaukie, OR 97222
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Rent Specials
$1,295 - $1,760Studio to 1 Bedroom Apartments Available Now
Axletree Apartments - City Vibes, Small Town Soul
11125 SE 21st StMilwaukie, OR 97222
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Rent Specials
$1,315 - $2,155Studio to 2 Bedroom Apartments Available Now
Miramonte Lodge
12200 SE McLoughlin BlvdMilwaukie, OR 97222
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Rent Specials
$1,320 - $2,595Studio to 2 Bedroom Apartments Available Now
Henley Place
10306 SE Main StMilwaukie, OR 97222
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$1,325 - $1,5002 Bedroom Apartments Contact Us For Availability
Charbern Apartments
12514-12582 SE Linwood AveMilwaukie, OR 97222
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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Rent Specials
$1,350 - $1,8901 to 3 Bedroom Apartments Available Now
Concord Crossing
3710 SE Concord RdMilwaukie, OR 97267
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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15030 SE Arista Dr
PortlandOR97267
8039 SE Glencoe Rd
PortlandOR97222
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
3327 SE Maple St
PortlandOR97267
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Rent Specials
$1,300 - $2,5551 to 3 Bedroom Apartments Available Now
Clackamas Trails Apartments
10411 SE Cook CtPortland, OR 97222
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$1,399 - $1,850Studio to 2 Bedroom Apartments Available Now
Holm at Sellwood
8220 SE 6th AvePortland, OR 97202
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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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Showing Results 1-35, Page 1 of 1
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 | $1,365 | $1,095 | $1,505 |
| Lake Road 1 Bedroom Apartments | $1,573 | $995 | $1,995 |
| Lake Road 2 Bedroom Apartments | $1,883 | $1,250 | $4,600 |
| Lake Road 3 Bedroom Apartments | $2,283 | $1,850 | $2,999 |
Browse Apartments in this Neighborhood
There are currently 35 rentals with your search options within a 2 mile radius of the Lake Road Neighborhood of Milwaukie, OR.
See all Apartments in MilwaukieExplore Milwaukie
Lake Road, Milwaukie, OR Local Guide
- Nearby Milwaukie neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Lake Road Apartments for Rent
The cheapest available apartment rental in the Lake Road area of Portland, OR is a 1 Bed unit found at King Manor in Milwaukie priced from $1,200. Oak Grove Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,225. Here are the most affordable Lake Road apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| King Manor in Milwaukie | 1x1 | 1BR,1BA | $1,200 |
| Oak Grove Village Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,225 |
| Lake Crest Apartments | Studio | Studio,1BA | $1,235 |
| ReNew Johnson Creek | Juniper | Studio,1BA | $1,250 |
| Tara West Apartments | 1 Bedroom / 1.0 Bath | 1BR,1BA | $1,250 |
| Overlook at the Willamette | Studio | Studio,1BA | $1,270 |
| Axletree Apartments - City Vibes, Small Town Soul | KELLOGG 1 | Studio,1BA | $1,295 |
| Henley Place | The Maple | Studio,1BA | $1,320 |
| Miramonte Lodge | Morrison | Studio,1BA | $1,320 |
| Concord Crossing | One Bedroom & One Bath | 1BR,1BA | $1,350 |
Best Value Apartments for Rent in Lake Road, OR
As of November 21, 2025 the best value apartment in the Lake Road area is the $1.50 price per square foot 2x1.5 Model at Willamette Townhouse in the in the Eastmoreland neighborhood starting from $1,650. The second greatest value Lake Road apartment is the 2 Bedrooms, 1 Bathroom Model at Briarwood Townhomes starting at $1,795 with a $1.94 price per square foot in the Eastmoreland neighborhood. Here is today’s list of the best values for Lake Road apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Willamette Townhouse | 2x1.5 | 2BR,1.5BA | $1.50 |
| Briarwood Townhomes | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $1.94 |
| Sunnyside Park Apartments | 2x1 | 2BR,1BA | $1.62 |
| Village Monroe Apartments | 2x1 | 2BR,1BA | $1.83 |
| Harmony Court Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.85 |
| Lake Village | 2x1 | 2BR,1BA | $1.96 |
| Heatherbrae | One Bedroom One Bath (729 SF) | 1BR,1BA | $2.00 |
| Concord Crossing | One Bedroom & One Bath | 1BR,1BA | $1.87 |
| Clackamas Trails Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.98 |
| Tara West Apartments | 1 Bedroom / 1.0 Bath | 1BR,1BA | $1.84 |
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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick 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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If you’re an expert on all things Lake Road, tell us what you love (and don't) by rating it and writing a review.
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Pet Friendly LifestyleLake Road, Milwaukie, OR
Ranked #8
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
North Clackamas School District 12
Public School - Grades K-5 (170)
6 out of 10
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings 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 our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!
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 $1,350.
What is the price of a cheap apartment in Lake Road?
The cheapest apartment in Lake Road is King Manor in Milwaukie which is listed at $1,200, while the average apartment in Lake Road costs $2,197.
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 12 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 $375 which is $1,822 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.
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.
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.