Rentometer, Inc. | Data as of 10/24/2025
Milwaukie, nestled just southeast of Portland in Oregon, offers a charming blend of small‑town atmosphere and easy access to big‑city amenities. The city’s historic downtown features walkable streets lined with boutique shops, cozy cafés, and the vibrant Milwaukie Riverfront Park, while nearby natural attractions such as the Clackamas River and Oaks Bottom Wildlife Refuge provide ample opportunities for outdoor recreation. With a well‑connected TriMet light‑rail line and major highways nearby, residents enjoy a convenient commute to Portland’s employment centers while enjoying the quieter, family‑friendly feel of the area.
The rental market in Milwaukie caters to a diverse range of lifestyles, offering both apartments and single‑family homes across the city. Studios typically fall in the $1300‑$1500 range, and one‑bedroom units hover around the $1500‑$2000 bracket, making them attractive for young professionals and couples. Two‑bedroom apartments often sit near the $2100‑$2200 range, while larger three‑bedroom units approach $2500‑$2700, providing ample space for growing families. For those preferring a house, one‑bedroom homes generally range from $1900‑$2000, two‑bedroom homes are in the $2300‑$2400 bracket, three‑bedroom houses sit around $2500‑$2800, and four‑plus bedroom properties can exceed $3400, reflecting the premium of larger family‑size dwellings. Neighborhoods such as Downtown Milwaukie, Oak Grove, and Ridgewood each showcase a mix of modern apartments and classic homes, ensuring a fit for various preferences and budgets.
Beyond housing, Milwaukie’s strong sense of community, excellent schools, and abundant parks—like Milwaukie Riverfront and Marquam Nature Park—enhance its appeal to renters seeking quality of life. The city’s ongoing development plans, including new mixed‑use projects and transit‑oriented growth, promise continued vibrancy and a robust rental market for years to come.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,363 | $1,425 | $1,075 - $1,500 | $1,328 - $1,485 |
| Apartment | 1 Bedroom | $1,577 | $1,547 | $1,000 - $2,650 | $1,395 - $1,684 |
| Apartment | 2 Bedroom | $2,136 | $1,895 | $1,325 - $3,700 | $1,595 - $2,499 |
| Apartment | 3 Bedroom | $2,506 | $2,597 | $1,995 - $3,135 | $1,999 - $3,035 |
| House | 1 Bedroom | $1,869 | $1,850 | $1,595 - $2,150 | $1,800 - $1,950 |
| House | 2 Bedroom | $2,340 | $2,300 | $1,795 - $3,750 | $1,795 - $2,395 |
| House | 3 Bedroom | $2,577 | $2,750 | $950 - $3,200 | $2,400 - $2,895 |
| House | 4+ Bedroom | $3,349 | $3,299 | $3,150 - $3,650 | $3,299 - $3,650 |
In the current period, the average rent in Milwaukie was $1,366 for Studio, $1,604 for 1 Bedroom, $2,164 for 2 Bedroom, $2,553 for 3 Bedroom, and $3,017 for 4+ Bedroom.
Data provided by Rentometer, Inc.