Most Affordable Neighborhoods in Milwaukie, OR
Some of the cheapest neighborhoods in Milwaukie are Parkview Acres, Milwaukie Heights, and Island Station. These neighborhoods offer some of the lowest rent prices in Milwaukie, making them ideal for renters on a budget. As of August 3, 2025, the average rent in Milwaukie is $1,473, which is 1.1% 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.
Parkview Acres
Average Rent
$1,271/Month
TransitScore® Rating
0/100
Units Available
10 Rentals
Parkview Acres is an affordable neighborhood in Milwaukie with an average rent price of $1,271. Compare this to the city average of $1,473. Parkview Acres provides easy access to Se Fuller Road, Auto Retail Center, and Se Flavel Street. It’s a walkable neighborhood with a WalkScore® of 73.
Milwaukie Heights
Average Rent
$1,509/Month
Year-Over-Year Rent Change
2.7%
TransitScore® Rating
32/100
Units Available
55 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 $1,509, while the city’s average stands at $1,473. In the last year, prices have increased by 2.7%. Milwaukie Heights is near Plaza 99, Elk Rock Gardens of the Bishop's Close, and Portland C.C., Sylvania Campus.
Island Station
Average Rent
$1,597/Month
Year-Over-Year Rent Change
8%
TransitScore® Rating
51/100
Units Available
11 Rentals
Island Station is a top choice for budget-conscious renters for a variety of reasons. The average rent in Island Station is $1,597 while the city average is $1,473. This is a 8% difference from last year. Residents enjoy convenient access to Portland C.C., Sylvania Campus, Se Tacoma/Johnson Creek Max Station, and Milwaukie/Main St Max Station. The neighborhood is considered somewhat walkable with a WalkScore® of 59.
Hector Campbell
Average Rent
$1,664/Month
TransitScore® Rating
39/100
Units Available
16 Rentals
When you’re looking for a great Milwaukie neighborhood on a budget, check out Hector Campbell. The average rent is $1,664, compared to the city average of $1,473. Hector Campbell is convenient to Clackamas Town Center Transit Center, Se Park Ave Max Station, and Milwaukie/Main St Max Station. The community is walkable with a WalkScore® of 75.
Lake Road
Average Rent
$1,668/Month
Year-Over-Year Rent Change
0.1%
TransitScore® Rating
32/100
Units Available
25 Rentals
Lake Road is an affordable neighborhood in Milwaukie with an average rent price of $1,668. Compare this to the city average of $1,473. In the past year, rent prices have decreased by 0.1%. Lake Road provides easy access to Clackamas C.C., Harmony Campus, Johnson Creek Park, and Lewis & Clark College. It’s a somewhat walkable neighborhood with a WalkScore® of 55.
Ardenwald
Average Rent
$1,740/Month
Year-Over-Year Rent Change
0.9%
TransitScore® Rating
47/100
Units Available
15 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 $1,740, while the city’s average stands at $1,473. In the last year, prices have decreased by 0.9%. Ardenwald is near Se Fuller Road, Westmoreland Park, and Milwaukie/Main St Max Station.
Rolehill View
Average Rent
$1,849/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 $1,849 while the city average is $1,473. Residents enjoy convenient access to Southgate Shopping Center, Johnson Creek Park, and Auto Retail Center. The neighborhood is considered somewhat walkable with a WalkScore® of 53.
Bell Heights
Average Rent
$1,849/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 $1,849, compared to the city average of $1,473. Bell Heights is convenient to North Clackamas Park, Clackamas C.C., Harmony Campus, and Mount Talbert Nature Park. The community is somewhat walkable with a WalkScore® of 55.
Mcloughlin Industrial
Average Rent
$1,858/Month
TransitScore® Rating
48/100
Units Available
13 Rentals
Mcloughlin Industrial is an affordable neighborhood in Milwaukie with an average rent price of $1,858. Compare this to the city average of $1,473. Mcloughlin Industrial provides easy access to Oak Street Square, Se Tacoma/Johnson Creek Max Station, and Elk Rock Gardens of the Bishop's Close. It’s a somewhat walkable neighborhood with a WalkScore® of 61.
Historic Milwaukie
Average Rent
$1,908/Month
Year-Over-Year Rent Change
0.5%
TransitScore® Rating
54/100
Units Available
27 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 $1,908, while the city’s average stands at $1,473. In the last year, prices have decreased by 0.5%. Historic Milwaukie is near Oak Street Square, Portland International, and Clackamas C.C., Harmony Campus.
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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.