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City · 21,392 residents · Clackamas County, Oregon

Milwaukie , Oregon

In Milwaukie, a typical home is worth $505,100 and typical rent is $1,598 a month. Compared with all of Clackamas County, the typical home value is 17% lower, typical household income is 16% lower, and the share of households that own their home is 10 points lower.

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  • Typical home value

    $505,100

    17% below the county

    6% above Oregon

    • Milwaukie
    • Clackamas
    • Oregon

  • Typical rent

    $1,598a month

    9% below the county

    5% above Oregon

    • Milwaukie
    • Clackamas
    • Oregon

  • Typical household income

    $86,892a year

    16% below the county

    5% above Oregon

    • Milwaukie
    • Clackamas
    • Oregon

  • Households that own their home

    61%

    10 points below the county

    3 points below Oregon

    • Milwaukie
    • Clackamas
    • Oregon

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$509,363
1% more than 12 months ago
Typical rent
$1,809 a month
1.8% more than 12 months ago

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Milwaukie is in Clackamas County. The FHA loan limit ($701,500 for a one-unit home), the fair market rents and the help on this page are those of all of Clackamas County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Milwaukie apart

What this place has that others do not, from public data, most unusual first.

  1. Milwaukie has the 6th largest share of rent-burdened renters of the 93 cities in Oregon with more than 5,000 people (62%).

  2. The typical home in Milwaukie is worth $505,100, 17% less than in Clackamas County as a whole ($611,000).

  3. The typical household income in Milwaukie is $86,892, 16% less than in Clackamas County as a whole ($103,517).

  4. 61% of households in Milwaukie own their home, against 71% in Clackamas County.

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Milwaukie

What homes there are in Milwaukie, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

The detached house is the most common home in Milwaukie: 68% of homes, near the figure in Clackamas County (68%).

Year built

The typical home in Milwaukie was built in 1968, 17 years before the typical one in Clackamas County.

In Milwaukie, 14% of homes have 1 bedroom or none (studios); 58% have 3 bedrooms or more, against 68% in Clackamas County.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$2,224 a month

Clackamas County: $2,559 a month

Without a mortgage

$774 a month

Clackamas County: $871 a month

Owners with a mortgage

72%

Clackamas County: 68%

The typical cost for an owner with a mortgage in Milwaukie is $2,224 a month, less than in Clackamas County ($2,559); without one, $774.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

From 2015–2019 to 2020–2024, home values in Milwaukie rose at about the same pace as in Clackamas County: 56% against 55%.

Much as in Clackamas County, the typical rent in Milwaukie rose 36% since 2015–2019.

To compare: typical income in Milwaukie rose 40%; the home, +56%; the rent, +36%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureMilwaukieClackamas CountyOregonUnited States
Rental vacancy Unreliable estimate4.9%4.2%5.5%
Homeowner vacancy Unreliable estimate0.9%0.7%0.9%
More than one person per room Unreliable estimate2.2%3.2%3.4%
People per household 2.242.562.422.53
Drive alone 59%67%65%69%
Carpool 7%7%9%9%
Public transit 3%1%2%3%
Walk or bike 5%3%5%3%
Work from home 25%21%19%15%
Other means Unreliable estimate1%1%2%
Typical commute 20 to 29 minutes20 to 29 minutes20 to 29 minutes20 to 29 minutes

On average, a household in Milwaukie has 2.24 people, fewer than in Clackamas County (2.56).

Many people here do not commute at all: 25% work from home; in Clackamas County, 21%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Milwaukie?

A typical home costs more than the typical income allows

We start with a typical home in Milwaukie, worth $505,100, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 58% of the typical household income in Milwaukie, which is $86,892 a year. For that payment to be 28% of income, a household would need to earn about $179,360 a year.

The calculator's FHA and conventional loan limits are those of all of Clackamas County.

Your numbers

Local data
$

Starts at the typical home value in Milwaukie. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $17,679 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$4,185

at 7.18% · 30 years

Loan amount
$495,951
Total interest
$713,557
Paid off in
November 2056

Includes $8,530 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $2,027 a month

  • Tight

    $2,027 to $2,607 a month

  • Hard

    more than $2,607 a month

    Your payment · 58%

Compared with the typical household income in Milwaukie ($86,892 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$4,185
Principal & interest$3,360
Property tax$391
Home insurance$211
FHA mortgage insurance (MIP)$223

You need at least $17,679 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Milwaukie and Clackamas County

Milwaukie is in Clackamas County, Oregon. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Milwaukie's own numbers

Typical home value
$505,100
Typical monthly rent
$1,598
Typical yearly household income
$86,892
Households that own their home
61%
Effective property tax rate
0.93%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Clackamas County

FHA limit, one-unit home
$701,500
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,878
Price change over 5 years (FHFA)
+36%
Homes in a high flood-risk zone
1.3%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Clackamas County.

Everything about Clackamas County

Buying

Buying a home in Milwaukie

A typical home in Milwaukie is worth $505,100: 17% below the county and 6% above Oregon. With the typical household income in Milwaukie ($86,892 a year), a typical home costs 5.8 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Milwaukie 5.8 years
  • Clackamas 5.9 years
  • Oregon 5.8 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Clackamas County

According to FHFA’s house price index, home prices in Clackamas County rose 87% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Clackamas County.

Period County Oregon U.S.
Last year (2025) +1.6% +0.9% +2.9%
5 years (2020–2025) +36% +35% +47%
10 years (2015–2025) +87% +86% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Milwaukie next to Clackamas County, Oregon and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Milwaukie $505,100
  • Clackamas $611,000
  • Oregon $477,600
  • United States $332,700
Typical monthly rent
  • Milwaukie $1,598
  • Clackamas $1,758
  • Oregon $1,525
  • United States $1,413
Typical yearly household income
  • Milwaukie $86,892
  • Clackamas $103,517
  • Oregon $83,011
  • United States $80,734
See the full table
Milwaukie next to Clackamas County and Oregon
Measure Milwaukie Clackamas County Oregon U.S.
Typical home value $505,100 $611,000 $477,600 $332,700
Typical monthly rent $1,598 $1,758 $1,525 $1,413
Typical yearly household income $86,892 $103,517 $83,011 $80,734
Households that own their home 61% 71% 63% 65%
Typical yearly property tax $4,719 $5,171 $3,876 $3,119
Effective property tax rate 0.93% 0.85% 0.81% 0.94%
Renters with high rent for their income 62% 53% 52% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Clackamas County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Milwaukie

For a typical $505,100 home in Milwaukie, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Milwaukie's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $4,185a month

    Least cash to close
    Down payment
    $17,679
    Cash to close
    $32,832
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $223

  • Conventional, 5% down $4,092a month

    Down payment
    $25,255
    Cash to close
    $40,408
    Rate
    7.18%
    Mortgage insurance
    PMI · $240

  • Conventional, 20% down, no PMI $3,339a month

    Down payment
    $101,020
    Cash to close
    $116,173
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $3,806a month

    Down payment
    $75,765
    Cash to close
    $90,918
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Milwaukie and for Clackamas County.

Property tax

Effective rate in Milwaukie

0.93%of the home’s value each year

$4,719 a year for the typical owner in Milwaukie.

  • Milwaukie 0.93%
  • Clackamas 0.85%
  • Oregon 0.81%

What Oregon publishes 3 percent cap on maximum assessed value (Measure 50) (Oregon Legislature (Oregon Revised Statutes))

Exemptions and deadlines in Oregon

Flood risk in Clackamas County

FEMA does not publish these numbers by city: they are for all of Clackamas County.

Homes in the high-risk zone
1.3%
1,926
Of those, with NFIP insurance
41%
County Oregon U.S.
Homes in the high-risk zone 1.3% 2.8% 3.5%
Of those, with NFIP insurance 41% 25% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Milwaukie

Typical rent in Milwaukie is $1,598 a month: 9% below the county. In Milwaukie, 62% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Clackamas County, by unit size. To pay the 2-bedroom one ($1,878 a month) without spending more than 30% of your income, you would need to earn $36.12 an hour working full time.

HUD fair market rent for all of Clackamas County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,527 $29.37 $61,080
1 bedroom $1,633 $31.40 $65,320
2 bedrooms $1,878 $36.12 $75,120
3 bedrooms $2,550 $49.04 $102,000
4 bedrooms $3,069 $59.02 $122,760

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Milwaukie

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Milwaukie is in ZIP code 97222.

For 2 bedrooms it is $1,790: $88 less than the fair market rent for Clackamas County ($1,878).

  • 97222 $1,790$2,430

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Milwaukie when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Milwaukie

HUD lists 8 buildings with rents for lower incomes in Milwaukie. These are the largest.

  • Lake Crest Apts 8106 SE Lake Rd, Milwaukie 97267 229 low-income homes · Studio: 30 · 1 bd: 59 · 2 bd: 120 · 3 bd: 20 · In service since 2000 · For families
  • Clackamas County Ha 18251 SE Addie St, Milwaukie 97267 129 low-income homes · Run by Housing Authority of Clackamas County · Average payment: $782 a month · Homes at several sites (503) 655-8267
  • Fox Pointe Apts 4616 SE Roethe Rd, Milwaukie 97267 96 low-income homes · 1 bd: 2 · 2 bd: 76 · 3 bd: 18 · In service since 2000 · For families
  • North Main Village 10554 SE Main St, Milwaukie 97222 64 low-income homes · 1 bd: 47 · 2 bd: 17 · In service since 2007 · For families
  • Cascade Meadows 10005 SE Bell Ave, Milwaukie 97222 62 homes, 61 low-income · For older adults (503) 775-5604

See all 47 buildings in Clackamas County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Milwaukie

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There are 2 HUD-approved agencies with an office in Clackamas County; 1 says it serves in Spanish.

A grandmother smiles, seated at home.

HUD counseling is free or low-cost

Assistance programs in Milwaukie

No down payment, repair or rent-help program on our list is for Milwaukie or Clackamas County. The ones below are statewide in Oregon: they work in Milwaukie the same as in the rest of the state.

Which programs do I qualify for? All programs in Oregon

  • OHCS Down Payment Assistance

    Statewide in Oregon

    Oregon state funds for the down payment and closing costs, delivered by local organizations: up to $60,000 or 20% of the price, sometimes as a grant or as a forgivable second mortgage, for first-time or first-generation buyers with income up to 100% of the area median. Offered by Oregon Housing and Community Services (OHCS).

    GrantForgivable

    See the program Official page

  • FirstHome (Flex Lending)

    Statewide in Oregon

    Oregon Housing and Community Services mortgage for low- and moderate-income first-time buyers, with down payment assistance of 4% or 5% of the loan as a second mortgage. Offered by Oregon Housing and Community Services (OHCS).

    Type not stated

    See the program Official page

  • NextStep (Flex Lending)

    Statewide in Oregon

    Oregon Housing and Community Services mortgage for any buyer, including people who have owned a home before, with down payment assistance of 4% or 5% of the loan as a second mortgage that can be forgivable or repayable. Offered by Oregon Housing and Community Services (OHCS).

    Type not stated

    See the program Official page

Housing counselors near Milwaukie

The HUD-approved agencies closest to the center of Milwaukie, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Housing Options Provided for the Elderly

    5200 Meadows Rd Ste 150, Lake Oswego · 6 miles away

    • Reverse mortgage counseling
    (971) 207-7820

  • African American Alliance for Homeownership, Inc.

    825 NE 20th Ave Ste 100, Portland · 6 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and credit workshops
    • and 2 more
    (503) 595-3517

  • Portland Housing Center DBA Arrive

    3233 NE Sandy Blvd, Portland · 6 miles away · Spanish

    • Budget and financial counseling
    • Budget and credit workshops
    • and 3 more
    (503) 282-7744

Every agency in Clackamas County All counseling agencies in Oregon

Help in Spanish near Milwaukie

2 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Milwaukie

HUD’s record names them for Milwaukie or Clackamas County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Housing Authority of Clackamas County Public housing and Section 8 vouchers (503) 655-8267

All housing agencies in Oregon Source: HUD

Cities

Other cities in Clackamas County

These cities are also in Clackamas County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Clackamas County Housing in Oregon
See 2 more cities in Clackamas County, with prices and rents

Every city has its own page with prices, rents and help.

Nearby cities

The cities closest to Milwaukie, with the typical home value.

Neighboring counties

If Clackamas County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Milwaukie.

All guides
Two girls write and draw together at the living-room table.

Questions

Housing questions about Milwaukie

Short answers with the numbers for Milwaukie and all of Clackamas County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Milwaukie?

The typical home value in Milwaukie is $505,100, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Clackamas County it is $611,000.

How much does it cost to rent in Milwaukie?

Typical rent in Milwaukie is $1,598 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Clackamas County is $1,878.

What is the FHA loan limit in Milwaukie?

Milwaukie uses the FHA limit for all of Clackamas County (2026): $701,500 for a one-unit home and $1,349,050 for a four-unit home.

How much property tax do owners pay in Milwaukie?

The typical homeowner in Milwaukie pays $4,719 a year, according to the U.S. Census Bureau. That is 0.93% of the home’s value; in Clackamas County, the rate is 0.85%.

Where can I find free help to buy or rent in Milwaukie?

There are 2 HUD-approved counseling agencies with an office in Clackamas County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).