Cheap Apartments for Rent in the Lake Road Neighborhood of Milwaukie, OR from $800 (74 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.

close
View Me
King Manor in Milwaukie
Rent Specials
$1,300 - $1,700
Total Monthly Price

Total Monthly Price

Base Rent
$1,210 - $1,610
Required Monthly Fees
$90
Total Monthly Price
$1,300 - $1,700
1 to 2 Bedroom Apartments Available Now

King Manor in Milwaukie

7911 SE King RdMilwaukie, OR 97222
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Shorewood Terrace
Rent Specials
$1,395
Total Monthly Price

Total Monthly Price

Base Rent
$1,325
Required Monthly Fees
$70
Total Monthly Price
$1,395
1 Bedroom Apartments Available Now

Shorewood Terrace

11233 SE 27th AveMilwaukie, OR 97222
Transit Friendly
  • Verified
  • Smoke Free

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
Henley Place
Rent Specials
$1,495 - $2,675
Total Monthly Price

Total Monthly Price

Base Rent
$1,445 - $2,625
Required Monthly Fees
$50
Total Monthly Price
$1,495 - $2,675
Studio to 2 Bedroom Apartments Available Now

Henley Place

10306 SE Main StMilwaukie, OR 97222
Outdoors
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Hillside Manor
1 to 2 Bedroom Apartments

Hillside Manor

10244 SE D StMilwaukie, OR 97222

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
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
Parkside Heights
Studio to 3 Bedroom Apartments

Parkside Heights

3097 SE Meek StMilwaukie, OR 97222
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

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
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
Park Hamlin Apartments
1 to 3 Bedroom Apartments

Park Hamlin Apartments

2323 SE Harrison StMilwaukie, 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
Crystal Lake
1 to 2 Bedroom Apartments

Crystal Lake

10500 SE 26th 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

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.

Read Article
close
View Me
Images Springcreek
1 to 3 Bedroom Apartments

Images Springcreek

2406 SE Harrison StMilwaukie, 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
close
View Me
Heatherbrae
1 to 3 Bedroom Apartments

Heatherbrae

10303 SE Bell AveMilwaukie, 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.

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. ReNew Johnson Creek has the second lowest priced unit, which is a Studio apartment currently listed from $1,239. Here are the most affordable Lake Road apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Hillside Manor1x11BR,1BA$835
ReNew Johnson CreekJuniperStudio,1BA$1,239
Dutch Village Apartments0x1Studio,1BA$1,250
Lake Crest ApartmentsA11BR,1BA$1,286
Charbern Apartments1BR/1.0BA1BR,1BA$1,295
King Manor in Milwaukie1x11BR,1BA$1,300
Miramonte LodgeMorrisonStudio,1BA$1,345
Park Hamlin Apartments1BR/1.0BA1BR,1BA$1,395
Shorewood Terrace1 Bedroom Vaulted1BR,1BA$1,395
Sunnyside Park Apartments2x12BR,1BA$1,395

Best Value Apartments for Rent in Lake Road, OR

As of April 06, 2026 the best value apartment in the Lake Road area is the $1.93 price per square foot 3 Bed, 2.5 Bath Model at Quail Park Homes in the in the Historic Milwaukie neighborhood starting from $2,999. The second greatest value Lake Road apartment is the 3bd/1.5Bth Model at Westview Townhomes starting at $1,995 with a $1.79 price per square foot in the Glenmorrie 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$1.93
Westview Townhomes3bd/1.5Bth3BR,1.5BA$1.79
#430 FULLER COMMONS2BR/2.5BA2BR,2.5BA$1.91
Willamette Townhouse2x1.52BR,1.5BA$1.54
Images Springcreek2BR2BR,1BA$1.89
Camille Court Apartments2 Bed 1 Bath2BR,1BA$1.70
Heritage Townhomes2 Bedrooms, 1 Bathroom2BR,1BA$1.89
Sunnyside Park Apartments2x12BR,1BA$1.57
Village Monroe Apartments2x1 Galley Kitchen2BR,1BA$1.74
#321 THE MILWAUKIAN2 Bedroom2BR,1BA$1.76

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

Read Article
Decorative image

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

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 Article
Decorative image

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
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 $2,377.

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 $293 which is $2,084 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 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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.