
Cheap Homes for Rent in Lake Road Neighborhood of Milwaukie, OR from $1,400 (5 Rentals)
Cheap Homes in the Lake Road area of Milwaukie.

Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

8313 SE 17th Ave
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

13848 SE Linden Ln
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

8851 SE 10th Ave

3108 SE Olsen St
Lake Road, Milwaukie, OR Local Guide

How much does it cost to rent a home in Lake Road?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lake Road 2 Bedroom Homes for Rent | $1,713 | $1,495 | $2,150 |
Lake Road 3 Bedroom Homes for Rent | $2,647 | $2,550 | $2,795 |
Lake Road 4 Bedroom Homes for Rent | $3,198 | $3,000 | $3,395 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Lake Road Neighborhood of Milwaukie, OR.
Explore Milwaukie
Lake Road, Milwaukie, OR Local Guide
- Nearby Milwaukie neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Lake Road Apartments for Rent
 The cheapest available apartment rental in the Lake Road area of Portland, OR is a Studio unit found at Lake Village priced from $1,075. Crestview Heights Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,150. Here are the most affordable Lake Road apartments for rent in Portland, OR:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Lake Village | 0x1 | Studio,1BA | $1,075 |
Crestview Heights Apartments | Studio | Studio,1BA | $1,150 |
Miramonte Lodge | Morrison | Studio,1BA | $1,220 |
Best Value Apartments for Rent in Lake Road, OR
As of May 03, 2025 the best value apartment in the Lake Road area is the $1.65 price per square foot Plan C Model at Waverley & Stuart Hall in the in the Eastmoreland neighborhood starting from $2,120. The second greatest value Lake Road apartment is the 3BR/2.0BA Model at Images Springcreek Apartments starting at $2,520 with a $2.09 price per square foot in the Eastmoreland neighborhood. Here is today’s list of the best values for Lake Road apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Waverley & Stuart Hall | Plan C | 2BR,2BA | $1.65 |
Images Springcreek Apartments | 3BR/2.0BA | 3BR,2BA | $2.09 |
Willamette Townhouse | 2x1.5 | 2BR,1.5BA | $1.59 |
Sunnyside Park Apartments | 2x2 | 2BR,2BA | $1.71 |
Briarwood Townhomes | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $2.11 |
Fuller Commons | 2 bed 1 bath | 2BR,1BA | $1.85 |
Bristol Court Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.91 |
Heatherbrae | One Bedroom One Bath (729 SF) | 1BR,1BA | $1.95 |
Concord Crossing | One Bedroom & One Bath | 1BR,1BA | $2.07 |
Clackamas Trails Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.94 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Frequently Asked Questions about Lake Road
What type of rentals are currently available in Lake Road?
There are currently 191 Apartments for Rent in Lake Road, OR with pricing that ranges from $1,075 to $5,550. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Road ranging from $1,495 to $3,395.
What is the current price range for Rental Homes in Lake Road?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Road ranges from $1,495 to $3,395 with an average monthly rent of $2,339.
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.

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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.