Most Affordable Neighborhoods in Milwaukie, OR

Some of the cheapest neighborhoods in Milwaukie are Jennings Lodge, North Clackamas, and Milwaukie Heights. These neighborhoods offer some of the lowest rent prices in Milwaukie, making them ideal for renters on a budget. As of March 29, 2025, the average rent in Milwaukie is $1,467, which is 1.4% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.

Jennings Lodge

Average Rent

$1,288/Month

Year-Over-Year Rent Change

0.7%

TransitScore® Rating

0/100

Units Available

1 Rentals

If you’re looking for a great, affordable neighborhood in Milwaukie, Jennings Lodge might be the perfect place! It has an average rent price of $1,288, while the city’s average stands at $1,467. In the last year, prices have increased by 0.7%. Jennings Lodge is near Se Tacoma/Johnson Creek Max Station, Clackamas C.C., Harmony Campus, and Mount Talbert Nature Park.

North Clackamas

Average Rent

$1,348/Month

Year-Over-Year Rent Change

0.7%

TransitScore® Rating

0/100

Units Available

9 Rentals

North Clackamas is a top choice for budget-conscious renters for a variety of reasons. The average rent in North Clackamas is $1,348 while the city average is $1,467. This is a 0.7% difference from last year. Residents enjoy convenient access to Clackamas C.C., Harmony Campus, Sunnybrook Center, and North Clackamas Park. The neighborhood is considered car-dependent with a WalkScore® of 43.

Milwaukie Heights

Average Rent

$1,448/Month

Year-Over-Year Rent Change

0.9%

TransitScore® Rating

32/100

Units Available

37 Rentals

When you’re looking for a great Milwaukie neighborhood on a budget, check out Milwaukie Heights. The average rent is $1,448, compared to the city average of $1,467. Rent prices have increased by 0.9%. Milwaukie Heights is convenient to Portland C.C., Sylvania Campus, Portland International, and Se Park Ave Max Station. The community is somewhat walkable with a WalkScore® of 59.

Linwood

Average Rent

$1,613/Month

TransitScore® Rating

28/100

Units Available

3 Rentals

Linwood is an affordable neighborhood in Milwaukie with an average rent price of $1,613. Compare this to the city average of $1,467. In the past year, rent prices have increased by 0%. Linwood provides easy access to Se Fuller Road, Auto Retail Center, and Se Park Ave Max Station. It’s a car-dependent neighborhood with a WalkScore® of 49.

Island Station

Average Rent

$1,632/Month

Year-Over-Year Rent Change

3.7%

TransitScore® Rating

51/100

Units Available

6 Rentals

If you’re looking for a great, affordable neighborhood in Milwaukie, Island Station might be the perfect place! It has an average rent price of $1,632, while the city’s average stands at $1,467. In the last year, prices have increased by 3.7%. Island Station is near Milwaukie/Main St Max Station, Reed College, and Se Fuller Road.

Lake Road

Average Rent

$1,643/Month

Year-Over-Year Rent Change

1.8%

TransitScore® Rating

32/100

Units Available

20 Rentals

Lake Road is a top choice for budget-conscious renters for a variety of reasons. The average rent in Lake Road is $1,643 while the city average is $1,467. This is a 1.8% difference from last year. Residents enjoy convenient access to Tideman Johnson Natural Area, Reed College, and Lewis & Clark College. The neighborhood is considered somewhat walkable with a WalkScore® of 55.

Hector Campbell

Average Rent

$1,650/Month

TransitScore® Rating

39/100

Units Available

11 Rentals

When you’re looking for a great Milwaukie neighborhood on a budget, check out Hector Campbell. The average rent is $1,650, compared to the city average of $1,467. Hector Campbell is convenient to Portland International, Johnson Creek Park, and Elk Rock Gardens of the Bishop's Close. The community is walkable with a WalkScore® of 75.

Ardenwald

Average Rent

$1,738/Month

Year-Over-Year Rent Change

1%

TransitScore® Rating

47/100

Units Available

9 Rentals

Ardenwald is an affordable neighborhood in Milwaukie with an average rent price of $1,738. Compare this to the city average of $1,467. In the past year, rent prices have increased by 1%. Ardenwald provides easy access to Westmoreland Park, King Road Shopping Center, and Tideman Johnson Natural Area. It’s a somewhat walkable neighborhood with a WalkScore® of 68.

Historic Milwaukie

Average Rent

$1,778/Month

Year-Over-Year Rent Change

1.2%

TransitScore® Rating

54/100

Units Available

46 Rentals

If you’re looking for a great, affordable neighborhood in Milwaukie, Historic Milwaukie might be the perfect place! It has an average rent price of $1,778, while the city’s average stands at $1,467. In the last year, prices have increased by 1.2%. Historic Milwaukie is near Reed College, Se Bybee Blvd Max Station, and King Road Shopping Center.

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Methodology

Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.

We've combined this data with public records to provide the most current rental information available.