Rent is higher than in 54% of U.S. cities. A typical house costs about 5.4 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $69,120 a year. That is $33 an hour at a full-time job.
Is rent cheaper than other Oregon cities?
Yes. Rent here is cheaper than in most of Oregon. It is number 36 of 105 cities from cheapest to most expensive.
How much do households earn in Milwaukie?
Share of households by yearly income. 36.2% of households earn $100,000 or more.
Rent by apartment size in Milwaukie
| Size | Milwaukie | U.S. average |
|---|---|---|
| Studio | $1,448 | $1,338 |
| 1 bedroom | $1,488 | $1,324 |
| 2 bedrooms | $1,729 | $1,509 |
| 3 bedrooms | $1,940 | $1,698 |
| 4 bedrooms | $2,456 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Milwaukie overall?
Everyday prices in Oregon overall are 3% above the U.S. average (index 103.4, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Milwaukie, so the Oregon figure is shown.
Taxes and bills in Milwaukie
Life in Milwaukie
Is it cheaper to rent or buy in Milwaukie?
Renting is cheaper right now: about $1,777 a month less.
Owning assumes a typical $505,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $50,510 for the down payment.
Frequently asked questions
What is the average rent in Milwaukie, OR?
Renting in Milwaukie costs a median of about $1,728 a month in 2026, including utilities. The Oregon median is $1,811.
How much do I need to make to live in Milwaukie?
To keep rent under 30% of income, you need about $69,120 a year, or $33 an hour at a full-time job.
Is Milwaukie cheap or expensive?
Milwaukie is rated OK: rent takes 22.1% of the typical household income of $93,713. It ranks 36th cheapest of 105 Oregon cities we track.
How much are property taxes in Milwaukie?
The median homeowner in Milwaukie pays $4,719 a year in property taxes, about 0.93% of the median home value.
Is Milwaukie more expensive than the national average?
Overall prices in Oregon are 3% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Milwaukie?
The median home value in Milwaukie is $505,100, about 5.4 times the typical yearly household income.
21,392 people live in Milwaukie. Numbers are typical (middle) values.