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 September 25, 2025, the average rent in Milwaukie is $1,473, which is 0.9% 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

$1,351/Month

Year-Over-Year Rent Change

0.9%

TransitScore® Rating

0/100

Units Available

13 Rentals

When you’re looking for a great Milwaukie neighborhood on a budget, check out Jennings Lodge. The average rent is $1,351, compared to the city average of $1,473. Rent prices have increased by 0.9%. Jennings Lodge is convenient to Mary S. Young State Recreation Area, Se Fuller Road, and Mount Talbert Nature Park. The community is somewhat walkable with a WalkScore® of 62.

North Clackamas

Average Rent

$1,354/Month

Year-Over-Year Rent Change

0.9%

TransitScore® Rating

0/100

Units Available

12 Rentals

North Clackamas is an affordable neighborhood in Milwaukie with an average rent price of $1,354. Compare this to the city average of $1,473. In the past year, rent prices have increased by 0.9%. North Clackamas provides easy access to Se Flavel Street, Se Park Ave Max Station, and Greenhouse Square. It’s a car-dependent neighborhood with a WalkScore® of 43.

Milwaukie Heights

Average Rent

$1,418/Month

Year-Over-Year Rent Change

2.6%

TransitScore® Rating

32/100

Units Available

53 Rentals

If you’re looking for a great, affordable neighborhood in Milwaukie, Milwaukie Heights might be the perfect place! It has an average rent price of $1,418, while the city’s average stands at $1,473. In the last year, prices have increased by 2.6%. Milwaukie Heights is near Portland International, Se Fuller Road, and Milwaukie/Main St Max Station.

Island Station

Average Rent

$1,524/Month

Year-Over-Year Rent Change

7.8%

TransitScore® Rating

51/100

Units Available

12 Rentals

Island Station is a top choice for budget-conscious renters for a variety of reasons. The average rent in Island Station is $1,524 while the city average is $1,473. This is a 7.8% difference from last year. Residents enjoy convenient access to Lewis & Clark College, Tryon Creek State Natural Area, and Milwaukie/Main St Max Station. The neighborhood is considered somewhat walkable with a WalkScore® of 59.

Lake Road

Average Rent

$1,568/Month

Year-Over-Year Rent Change

0.2%

TransitScore® Rating

32/100

Units Available

28 Rentals

When you’re looking for a great Milwaukie neighborhood on a budget, check out Lake Road. The average rent is $1,568, compared to the city average of $1,473. Rent prices have increased by 0.2%. Lake Road is convenient to Se Park Ave Max Station, Se Tacoma/Johnson Creek Max Station, and Se Fuller Road. The community is somewhat walkable with a WalkScore® of 55.

Hector Campbell

Average Rent

$1,635/Month

TransitScore® Rating

39/100

Units Available

12 Rentals

Hector Campbell is an affordable neighborhood in Milwaukie with an average rent price of $1,635. Compare this to the city average of $1,473. Hector Campbell provides easy access to Clackamas C.C., Harmony Campus, Oregon Health & Sci Waterfront, and Johnson Creek Park. It’s a walkable neighborhood with a WalkScore® of 75.

Ardenwald

Average Rent

$1,711/Month

Year-Over-Year Rent Change

1.6%

TransitScore® Rating

47/100

Units Available

11 Rentals

If you’re looking for a great, affordable neighborhood in Milwaukie, Ardenwald might be the perfect place! It has an average rent price of $1,711, while the city’s average stands at $1,473. In the last year, prices have decreased by 1.6%. Ardenwald is near Reed College, Se Tacoma/Johnson Creek Max Station, and Tideman Johnson Natural Area.

Rolehill View

Average Rent

$1,741/Month

TransitScore® Rating

0/100

Units Available

10 Rentals

Rolehill View is a top choice for budget-conscious renters for a variety of reasons. The average rent in Rolehill View is $1,741 while the city average is $1,473. Residents enjoy convenient access to Clackamas C.C., Harmony Campus, Clackamas Town Center Transit Center, and Portland International. The neighborhood is considered somewhat walkable with a WalkScore® of 53.

Bell Heights

Average Rent

$1,741/Month

TransitScore® Rating

0/100

Units Available

10 Rentals

When you’re looking for a great Milwaukie neighborhood on a budget, check out Bell Heights. The average rent is $1,741, compared to the city average of $1,473. Bell Heights is convenient to Mount Talbert Nature Park, Portland International, and Portland Community College. The community is somewhat walkable with a WalkScore® of 55.

Mcloughlin Industrial

Average Rent

$1,865/Month

TransitScore® Rating

48/100

Units Available

12 Rentals

Mcloughlin Industrial is an affordable neighborhood in Milwaukie with an average rent price of $1,865. Compare this to the city average of $1,473. Mcloughlin Industrial provides easy access to Reed College, Westmoreland Park, and Tideman Johnson Natural Area. It’s a somewhat walkable neighborhood with a WalkScore® of 60.

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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.