Home prices
Milwaukie's median home value is $323,500. This is about $64,760 (16%) lower compared to its surrounding areas.It is approximately $106,000 (48%) higher compared to the nation as a whole, and in comparison to the city of Portland is roughly $88,500 (21%) lower.
Rents
Milwaukie's median monthly rent is $1,173. Compared to nearby areas this is roughly $183 (13%) lower.Compared to the country as a whole it is roughly $111 (10%) higher, and in comparison to the city of Portland it is roughly $75 (6%) lower.
Nearby places
Oak Grove
Oak Grove is Milwaukie's neighbor to the south. Its housing prices are fairly similar. The median home in Oak Grove is valued at $324,000, which is very similar to Milwaukie. Rent there is somewhat more expensive. The median monthly rent in Oak Grove is $1,342, which comes out to $169 (12%) higher than Milwaukie.
Oatfield
Oatfield is Milwaukie's neighbor to the southeast. Real estate prices there are a bit more expensive. The value of the median home in Oatfield is $366,400, which is $42,900 (11%) higher than Milwaukie. The rent there is a little more expensive. The median monthly rent in Oatfield is $1,299, which works out to $126 (9%) higher than Milwaukie.
Jennings Lodge
Jennings Lodge is about 3 miles south from Milwaukie. Its housing prices are similar. Jennings Lodge's median home price is $311,500, which works out to $12,000 (3%) lower than Milwaukie. Rent there is fairly similar. Jennings Lodge's median monthly rent is $1,191, which comes out to $18 (1%) higher than Milwaukie.
Lake Oswego
Lake Oswego is approximately 3 miles southwest from Milwaukie. Its housing prices are significantly more expensive. Lake Oswego's median home price is $637,200, which is $313,700 (49%) higher than Milwaukie. Its rents are somewhat more expensive. Lake Oswego's median monthly rent is $1,614, which is $441 (27%) higher than Milwaukie.
Gladstone
Gladstone is about 3 miles south from Milwaukie. Real estate prices there are a little less expensive. The median home in Gladstone is valued at $302,200, which works out to $21,300 (7%) lower than Milwaukie. Its rents are somewhat more expensive. Gladstone's median monthly rent is $1,334, which works out to $161 (12%) higher than Milwaukie.
