Cheap Apartments for Rent in the Island Station Neighborhood of Milwaukie, OR from $800 (47 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Island Station area of Milwaukie.

Portland’s Best Affordable Neighborhoods

Learn about Portland and the best places to live with original content written by our Portland, OR Local Expert Chad Deitchley

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North Main Village
1 to 2 Bedroom Apartments

North Main Village

10558-10560 SE Main StMilwaukie, OR 97222
  • Utilities Included
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Stanford
2 Bedroom Apartments

Stanford

2013 SE Courtney RdMilwaukie, OR 97222
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Shorewood Terrace
1 Bedroom Apartments

Shorewood Terrace

11233 SE 27th AveMilwaukie, OR 97222
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Quail Ridge Apartments
1 to 2 Bedroom Apartments

Quail Ridge Apartments

2868 SE Lake RdMilwaukie, OR 97222
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Chestnut Place
1 to 2 Bedroom Apartments

Chestnut Place

12106 SE Lake RdMilwaukie, OR 97222
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Crystal Lake
1 to 2 Bedroom Apartments

Crystal Lake

10500 SE 26th AveMilwaukie, OR 97222
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Oak Grove Terraces
2 Bedroom Apartments

Oak Grove Terraces

13306 SE Linden LnMilwaukie, OR 97222
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Maple Grove Court
2 Bedroom Apartments

Maple Grove Court

3025 SE Maple StMilwaukie, OR 97267
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50 Northshore Rd
Studio to 3 Bedroom Apartments

50 Northshore Rd

50 Northshore RdLake Oswego, OR 97034
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Courtney Square
1 to 2 Bedroom Apartments

Courtney Square

2660 SE Courtney RdPortland, OR 97222
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Lake Village
Studio to 3 Bedroom Apartments

Lake Village

11850 SE 26th AvePortland, OR 97222
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Tenino Terrace
1 to 2 Bedroom Apartments

Tenino Terrace

2405 SE Umatilla StPortland, OR 97202
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Wheelhouse Lofts 2
Studio to 1 Bedroom Apartments

Wheelhouse Lofts 2

8124 SE 6th AvePortland, OR 97202
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The Sellina
1 Bedroom Apartments

The Sellina

1717 SE Tenino StPortland, OR 97202
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Moreland Crossing
Studio to 2 Bedroom Apartments

Moreland Crossing

8150 SE 23rd AvePortland, OR 97202
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Forest Ridge
2 Bedroom Apartments

Forest Ridge

12600 SE River Rd SPortland, OR 97222
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Waverly Surf
1 to 2 Bedroom Apartments

Waverly Surf

602-764 SE Linn StPortland, OR 97202
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3125 SE Van Waters St
1 to 2 Bedroom Apartments

3125 SE Van Waters St

3125 SE Van Waters StPortland, OR 97222
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Showing Results 1-47, Page 1 of 1

Island Station, Milwaukie, OR Local Guide

Cheapest Available Island Station Apartments for Rent

 

The cheapest available apartment rental in the Island Station area of Portland, OR is a Studio unit found at Sellwood Apartments priced from $1,195. Miramonte Lodge has the second lowest priced unit, which is a Studio apartment currently listed from $1,285. Here are the most affordable Island Station apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Sellwood ApartmentsStudio AStudio,1BA$1,195
Miramonte LodgeMorrisonStudio,1BA$1,285
Driftwood Terrace ApartmentsStudioStudio,1BA$1,295
tenin011BR/1.0BA1BR,1BA$1,295
Terwilliger1 x 11BR,1BA$1,300
Moreland CrossingStudio BStudio,1BA$1,325
Overlook at the WillametteStudioStudio,1BA$1,325
Modera WoodstockS01Studio,1BA$1,350
Holm at SellwoodStudio A5Studio,1BA$1,399
Henley PlaceThe MapleStudio,1BA$1,430

Best Value Apartments for Rent in Island Station, OR

As of March 27, 2025 the best value apartment in the Island Station area is the $1.45 price per square foot Layout B Model at River Cliff Apartments in the in the Foothills neighborhood starting from $1,595. The second greatest value Island Station apartment is the 2x1.5 Model at Willamette Townhouse starting at $1,750 with a $1.59 price per square foot in the Eastmoreland neighborhood. Here is today’s list of the best values for Island Station apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
River Cliff ApartmentsLayout B2BR,1BA$1.45
Willamette Townhouse2x1.52BR,1.5BA$1.59
Images Springcreek Apartments2BR/1.0BA2BR,1BA$1.87
Oswego Pointe1 Bed 1 Bath1BR,1BA$1.99
Sunnyside Park Apartments2x12BR,1BA$1.68
3117 SE Chestnut St, Unit 3117 SE Chestnut St3117 SE Chestnut St2BR,1BA$2.38
Terwilliger1 x 11BR,1BA$1.73
Lake Village2x12BR,1BA$2.03
Banbury ApartmentsOne Bedroom/A1BR,1BA$2.35
Overlook at the WillametteStudioStudio ,1BA$2.33

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Pet Friendly Lifestyle
Island Station, Milwaukie, OR

Ranked #7

Among neighborhoods in Milwaukie, OR for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Island Station, Milwaukie, OR

School data provided by Great Schools

Best Local Schools in
Island Station, Milwaukie, OR

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com compiles millions of data points to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in areas across the United States and customized analysis for Southern Portland, OR. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, kid and pet-friendly communities, availability of transit options, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Island Station Neighborhood in Milwaukie, OR

Walk Score®

59 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

59 / 100

Bikeable

Some bike infrastructure

Transit Score®

51 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Island Station Apartments

What is the Cheapest Studio apartment in Island Station?

Currently the most affordable Cheap Studio Apartment in Island Station is at Sellwood Apartments listed at $1,195.

How much is rent for a Cheap One Bedroom Island Station Apartment?

The lowest price for a Cheap One Bedroom Island Station Apartment is $1,200 at Sellwood Apartments.

What is the lowest price for a Cheap Two Bedroom Island Station Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Island Station is starting from $1,495 at Sunnyside Park Apartments.

What is the most affordable Island Station Three Bedroom Apartment?

The best deal on a cheap Island Station Three Bedroom Apartment rental is at Lake Village and starts from $1,825.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent

Written by: Chad Deitchley

As your ApartmentHomeLiving.com Local Expert for Portland, Oregon, I’d like to briefly introduce myself. My name is Chad, and I come to the ApartmentHomeLiving.com team after living in Portland for decades.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.