Most Affordable Neighborhoods in Milwaukie, OR

Some of the cheapest neighborhoods in Milwaukie are North Clackamas, Linwood, and Milwaukie Heights. These neighborhoods offer some of the lowest rent prices in Milwaukie, making them ideal for renters on a budget. As of April 18, 2025, the average rent in Milwaukie is $1,481, which is 1% 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.

North Clackamas

Average Rent

$1,283/Month

Year-Over-Year Rent Change

0.6%

TransitScore® Rating

0/100

Units Available

13 Rentals

North Clackamas is an affordable neighborhood in Milwaukie with an average rent price of $1,283. Compare this to the city average of $1,481. In the past year, rent prices have increased by 0.6%. North Clackamas provides easy access to Portland International, Elk Rock Island, and Greenhouse Square. It’s a car-dependent neighborhood with a WalkScore® of 43.

Linwood

Average Rent

$1,350/Month

TransitScore® Rating

28/100

Units Available

4 Rentals

If you’re looking for a great, affordable neighborhood in Milwaukie, Linwood might be the perfect place! It has an average rent price of $1,350, while the city’s average stands at $1,481. In the last year, prices have increased by 0%. Linwood is near Se Park Ave Max Station, Wichita Town Center, and North Clackamas Park.

Milwaukie Heights

Average Rent

$1,398/Month

Year-Over-Year Rent Change

0.6%

TransitScore® Rating

32/100

Units Available

37 Rentals

Milwaukie Heights is a top choice for budget-conscious renters for a variety of reasons. The average rent in Milwaukie Heights is $1,398 while the city average is $1,481. This is a -0.6% difference from last year. Residents enjoy convenient access to Milwaukie/Main St Max Station, Kellogg Square, and Clackamas C.C., Harmony Campus. The neighborhood is considered somewhat walkable with a WalkScore® of 59.

Jennings Lodge

Average Rent

$1,457/Month

Year-Over-Year Rent Change

0.7%

TransitScore® Rating

0/100

Units Available

2 Rentals

When you’re looking for a great Milwaukie neighborhood on a budget, check out Jennings Lodge. The average rent is $1,457, compared to the city average of $1,481. Rent prices have increased by 0.7%. Jennings Lodge is convenient to Clackamas Town Center Transit Center, McLoughlin House, and Portland International. The community is somewhat walkable with a WalkScore® of 62.

Island Station

Average Rent

$1,562/Month

Year-Over-Year Rent Change

3.7%

TransitScore® Rating

51/100

Units Available

8 Rentals

Island Station is an affordable neighborhood in Milwaukie with an average rent price of $1,562. Compare this to the city average of $1,481. In the past year, rent prices have increased by 3.7%. Island Station provides easy access to Oak Street Square, Clackamas C.C., Harmony Campus, and Se Fuller Road. It’s a somewhat walkable neighborhood with a WalkScore® of 59.

Lake Road

Average Rent

$1,593/Month

Year-Over-Year Rent Change

2%

TransitScore® Rating

32/100

Units Available

25 Rentals

If you’re looking for a great, affordable neighborhood in Milwaukie, Lake Road might be the perfect place! It has an average rent price of $1,593, while the city’s average stands at $1,481. In the last year, prices have increased by 2%. Lake Road is near Johnson Creek Park, Reed College, and North Clackamas Park.

Hector Campbell

Average Rent

$1,642/Month

TransitScore® Rating

39/100

Units Available

14 Rentals

Hector Campbell is a top choice for budget-conscious renters for a variety of reasons. The average rent in Hector Campbell is $1,642 while the city average is $1,481. Residents enjoy convenient access to Lewis & Clark College, Se Fuller Road, and Milwaukie/Main St Max Station. The neighborhood is considered walkable with a WalkScore® of 75.

Ardenwald

Average Rent

$1,691/Month

Year-Over-Year Rent Change

0.1%

TransitScore® Rating

47/100

Units Available

13 Rentals

When you’re looking for a great Milwaukie neighborhood on a budget, check out Ardenwald. The average rent is $1,691, compared to the city average of $1,481. Rent prices have increased by 0.1%. Ardenwald is convenient to Milwaukie/Main St Max Station, Elk Rock Island, and Lewis & Clark College. The community is somewhat walkable with a WalkScore® of 68.

Historic Milwaukie

Average Rent

$1,832/Month

Year-Over-Year Rent Change

0.9%

TransitScore® Rating

54/100

Units Available

46 Rentals

Historic Milwaukie is an affordable neighborhood in Milwaukie with an average rent price of $1,832. Compare this to the city average of $1,481. In the past year, rent prices have increased by 0.9%. Historic Milwaukie provides easy access to Oregon Health & Sci Waterfront, Se 17Th Ave & Holgate Blvd Max Station, and King Road Shopping Center. It’s a walkable neighborhood with a WalkScore® of 79.

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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.