Most Affordable Neighborhoods in Milwaukie, OR

Some of the cheapest neighborhoods in Milwaukie are North Clackamas, Jennings Lodge, and Linwood. These neighborhoods offer some of the lowest rent prices in Milwaukie, making them ideal for renters on a budget. As of May 3, 2025, the average rent in Milwaukie is $1,470, which is 0.3% 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

$1,259/Month

Year-Over-Year Rent Change

0.7%

TransitScore® Rating

0/100

Units Available

9 Rentals

When you’re looking for a great Milwaukie neighborhood on a budget, check out North Clackamas. The average rent is $1,259, compared to the city average of $1,470. Rent prices have increased by 0.7%. North Clackamas is convenient to Reed College, Clackamas C.C., Harmony Campus, and Westwood Marketplace. The community is car-dependent with a WalkScore® of 43.

Jennings Lodge

Average Rent

$1,347/Month

Year-Over-Year Rent Change

0.7%

TransitScore® Rating

0/100

Units Available

3 Rentals

Jennings Lodge is an affordable neighborhood in Milwaukie with an average rent price of $1,347. Compare this to the city average of $1,470. In the past year, rent prices have increased by 0.7%. Jennings Lodge provides easy access to Jennings Plaza, Clackamas Town Center Transit Center, and Milwaukie/Main St Max Station. It’s a somewhat walkable neighborhood with a WalkScore® of 62.

Linwood

Average Rent

$1,350/Month

TransitScore® Rating

28/100

Units Available

1 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 $1,470. In the last year, prices have increased by 0%. Linwood is near Clackamas Town Center Transit Center, Reed College, and Wichita Town Center.

Milwaukie Heights

Average Rent

$1,437/Month

Year-Over-Year Rent Change

0.4%

TransitScore® Rating

32/100

Units Available

39 Rentals

Milwaukie Heights is a top choice for budget-conscious renters for a variety of reasons. The average rent in Milwaukie Heights is $1,437 while the city average is $1,470. This is a 0.4% difference from last year. Residents enjoy convenient access to Kellogg Square, Portland International, and Reed College. The neighborhood is considered somewhat walkable with a WalkScore® of 59.

Island Station

Average Rent

$1,460/Month

Year-Over-Year Rent Change

2.2%

TransitScore® Rating

51/100

Units Available

10 Rentals

When you’re looking for a great Milwaukie neighborhood on a budget, check out Island Station. The average rent is $1,460, compared to the city average of $1,470. Rent prices have increased by 2.2%. Island Station is convenient to Se Tacoma/Johnson Creek Max Station, Courtney Plaza, and North Clackamas Park. The community is somewhat walkable with a WalkScore® of 59.

Lake Road

Average Rent

$1,579/Month

Year-Over-Year Rent Change

1.8%

TransitScore® Rating

32/100

Units Available

31 Rentals

Lake Road is an affordable neighborhood in Milwaukie with an average rent price of $1,579. Compare this to the city average of $1,470. In the past year, rent prices have increased by 1.8%. Lake Road provides easy access to Lincoln Park Plaza, Reed College, and North Clackamas Park. It’s a somewhat walkable neighborhood with a WalkScore® of 55.

Hector Campbell

Average Rent

$1,671/Month

TransitScore® Rating

39/100

Units Available

18 Rentals

If you’re looking for a great, affordable neighborhood in Milwaukie, Hector Campbell might be the perfect place! It has an average rent price of $1,671, while the city’s average stands at $1,470. Hector Campbell is near Portland International, Se Park Ave Max Station, and Se Tacoma/Johnson Creek Max Station.

Ardenwald

Average Rent

$1,728/Month

Year-Over-Year Rent Change

0.1%

TransitScore® Rating

47/100

Units Available

17 Rentals

Ardenwald is a top choice for budget-conscious renters for a variety of reasons. The average rent in Ardenwald is $1,728 while the city average is $1,470. This is a 0.1% difference from last year. Residents enjoy convenient access to Clackamas C.C., Harmony Campus, Portland International, and Milwaukie Marketplace. The neighborhood is considered somewhat walkable with a WalkScore® of 68.

Historic Milwaukie

Average Rent

$1,802/Month

Year-Over-Year Rent Change

1%

TransitScore® Rating

54/100

Units Available

44 Rentals

When you’re looking for a great Milwaukie neighborhood on a budget, check out Historic Milwaukie. The average rent is $1,802, compared to the city average of $1,470. Rent prices have increased by 1%. Historic Milwaukie is convenient to Clackamas C.C., Harmony Campus, Johnson Creek Park, and Se Park Ave Max Station. The community is walkable with a WalkScore® of 79.

Ready to make your move to Milwaukie? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!

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.