Cheap Apartments for Rent in the Lake Road Neighborhood of Milwaukie, OR from $800 (72 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Read Article
close
View Me
Henley Place
Rent Specials
$1,499 - $3,394
Total Monthly Price

Total Monthly Price

Base Rent
$1,499 - $3,394
Total Monthly Price
$1,499 - $3,394
Studio to 2 Bedroom Apartments Available Now

Henley Place

10306 SE Main StMilwaukie, OR 97222
Active Lifestyle
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
The Heights Apartments
Rent Specials
$1,699 - $1,849
Total Monthly Price

Total Monthly Price

Base Rent
$1,699 - $1,849
Total Monthly Price
$1,699 - $1,849
2 Bedroom Apartments Available Now

The Heights Apartments

8057 SE Monroe StMilwaukie, OR 97222
Eco-Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included
close
View Me
Hillside Manor
1 to 2 Bedroom Apartments

Hillside Manor

10244 SE D StMilwaukie, 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.

Read Article
close
View Me
Stanford
1 to 2 Bedroom Apartments

Stanford

2013 SE Courtney RdMilwaukie, OR 97222
close
View Me
Seneca Terrace
2 Bedroom Apartments

Seneca Terrace

11802 SE Fuller RdMilwaukie, OR 97222
  • Utilities Included
close
View Me
North Main Village
1 to 2 Bedroom Apartments

North Main Village

10544 SE Main StMilwaukie, OR 97222
close
View Me
Chestnut Place
1 to 2 Bedroom Apartments

Chestnut Place

12106 SE Lake RdMilwaukie, OR 97222
  • Utilities Included

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.

Read Article
close
View Me
Quail Ridge Apartments
1 to 2 Bedroom Apartments

Quail Ridge Apartments

2868 SE Lake RdMilwaukie, OR 97222
  • Utilities Included
close
View Me
15540 SE E Ave
2 Bedroom Apartments

15540 SE E Ave

15540 SE E AveMilwaukie, OR 97267
close
View Me
Heatherbrae
1 to 3 Bedroom Apartments

Heatherbrae

10303 SE Bell AveMilwaukie, OR 97222
close
View Me
The Village at Monroe
2 Bedroom Apartments

The Village at Monroe

7946 SE Monroe StMilwaukie, OR 97222
  • Utilities Included

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.

Read Article
close
View Me
Crystal Lake
1 to 2 Bedroom Apartments

Crystal Lake

10500 SE 26th AveMilwaukie, OR 97222
close
View Me
Maple Grove Court
2 Bedroom Apartments

Maple Grove Court

3025 SE Maple StMilwaukie, OR 97267
close
View Me
Linden Terrace
2 Bedroom Apartments

Linden Terrace

13306 SE Linden LnMilwaukie, OR 97222
  • Utilities Included
close
View Me
Banbury Apartments
Studio to 2 Bedroom Apartments

Banbury Apartments

1651 SE Lava DrMilwaukie, OR 97222
  • Utilities Included

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.

Read Article
Showing Results 1-50, Page 1 of 2

Lake Road, Milwaukie, OR Local Guide

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 Hillside Manor priced from $835. Dutch Village Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,185. Here are the most affordable Lake Road apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Hillside Manor1x11BR,1BA$835
Dutch Village Apartments0x1Studio,1BA$1,185
Shorewood Terrace Apartments1 Bedroom Garden1BR,1BA$1,195
ReNew Johnson CreekJuniperStudio,1BA$1,239
King Manor in Milwaukie1x11BR,1BA$1,250
Overlook at the WillametteStudioStudio,1BA$1,285
Lake Crest ApartmentsA11BR,1BA$1,334
Charbern Apts - In The Heart of Milwaukie Oregon2BR/1.0BA2BR,1BA$1,395
Park Hamlin - 2323 SE Harrison1BR/1.0BA1BR,1BA$1,395
Sunnyside Park Apartments2x12BR,1BA$1,395

Best Value Apartments for Rent in Lake Road, OR

As of May 23, 2026 the best value apartment in the Lake Road area is the $2.06 price per square foot 3 Bed, 2.5 Bath Model at Quail Park Homes in the in the Historic Milwaukie neighborhood starting from $3,199. The second greatest value Lake Road apartment is the 2BR/2.5BA Model at Fuller Commons starting at $2,100 with a $1.91 price per square foot in the West Mt Scott neighborhood. Here is today’s list of the best values for Lake Road apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Quail Park Homes3 Bed, 2.5 Bath3BR,2.5BA$2.06
Fuller Commons2BR/2.5BA2BR,2.5BA$1.91
Camille Court Apartments2 Bed 1 Bath2BR,1BA$1.65
Briarwood Townhomes2 Bedrooms, 1 Bathroom2BR,1BA$2.00
Sunnyside Park Apartments2x12BR,1BA$1.57
Harmony Court Apartments2 Bed 1 Bath2BR,1BA$1.85
Charbern Apts - In The Heart of Milwaukie Oregon2BR/1.0BA2BR,1BA$1.80
Lake Village and Lakewood Apartments2x12BR,1BA$1.99
HeatherbraeOne Bedroom One Bath (729 SF)1BR,1BA$2.03
Shorewood Terrace Apartments1 Bedroom Garden1BR,1BA$2.07

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.

Read Article
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Lake Road, Milwaukie, OR

Ranked #7

Among cities in Oregon for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Best Local Schools in
Lake Road, Milwaukie, OR

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!

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 Hillside Manor which is listed at $835, while the average apartment in Lake Road costs $2,474.

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 5 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 $199 which is $2,275 cheaper than the average rent for all rentals in Lake Road.

Expert Rental Resources

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.

Helpful Local Expert Guides

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.

decorative image for Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland article

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland

Written by: Chad Deitchley

Hello! My name is Chad, and I joined the ApartmentHomeLiving.com team as a Local Expert after living in Portland, Oregon, for more than 20 years. I have a deep love for this charming and vibrant city.

decorative image for The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs article

The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs

Written by: Chad Deitchley

Let me introduce myself as your ApartmentHomeLiving Local Expert for Portland, Oregon. I’m Chad, and I can attest firsthand to the vibrant and funky nature of this one-of-a-kind city.

decorative image for From Arts to Eats: A Local Insiders Guide to Living in Portland's Best Spots article

From Arts to Eats: A Local Insiders Guide to Living in Portland's Best Spots

Written by: Chad Deitchley

Hello! My name is Chad, and I am your ApartmentHomeLiving.com Local Expert for Portland, Oregon. After living in this one-of-a-kind city for more than 20 years, I have seen it change in many exciting ways.

Articles, How-To's, and Tips

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.