Real Estate Investing in Milwaukie, Oregon

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 36,643 • Clackamas County

☆ Watch this market Free account

Should you buy in Milwaukie, OR? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (46/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
WEAK
2.0 / 5 (33/100)

Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Milwaukie, OR?

Click any question — our AI will research it live from the web and show you sources.

✨ Live AI + Web Search
Want to ask your own questions? Upgrade to Pro for unlimited custom queries.
2.0/ 5

Investability

Citywide average

1.0/ 5

Appreciation

2.0% 5yr CAGR

4.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $498,067
Avg Monthly Rent $1,765
ZIP Codes 1

Investing in Milwaukie Real Estate

With a sizable population across 1 ZIPs, Milwaukie shows the kind of thin fundamentals that keep most out-of-state capital on the sidelines.

Milwaukie is the kind of market where the cap rate on paper and the cap rate realized tend to diverge. unambiguously out-of-state investors should be especially careful with the assumptions they carry in.

Rents in Milwaukie at $1,765/mo have struggled to keep pace with cost increases, and vacancy has risen in pockets — a dynamic that compresses realized returns well below headline cap rates.

Distressed-leaning demographics in Milwaukie — soft income growth, high rent burden, population shifts — are among the reasons the ★★☆☆☆ rating sits where it does.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →
Free to search · investor plans from $19/mo

Best ZIP codes in Portland-Vancouver-Hillsboro, OR-WA

Milwaukie is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

Real numbers from people who own or manage rentals in Milwaukie, OR. Anonymous, moderated, never written by AI.

Do you own or manage rentals in Milwaukie, OR?

~25 seconds · no account needed · your report is anonymous

Property managers serving Clackamas County

Manage rentals here? List your business →

Eagle Property Management is Portland's premier property management team, serving Portland and Lake Oswego, OR. summary from their website

Unclaimed — is this your business? Claim it free

Illume Property Management and North Coast Property Management eliminate the stress of property ownership and remodeling in the Portland Metro Area and on the Oregon Coast. summary from their website

Unclaimed — is this your business? Claim it free

Real Property Management helps protect investments, provides professional service, minimizes costs, and maximizes income for property owners. summary from their website

Unclaimed — is this your business? Claim it free

Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Avg Home Value
$498,067
Avg Monthly Rent
$1,765
1% Rule
✗ Below
Landlord Friendly (OR)

Neighborhoods in Milwaukie

ZIP Codes in Milwaukie, OR

Screen every ZIP in Milwaukie

Filter Milwaukie’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

View Plans

Frequently Asked Questions About Milwaukie, OR

What is the smart move for investors in Milwaukie, OR?

A careful cash-flow rentals with hands-on management strategy Milwaukie, OR best. The market produces steady results for that approach at the $498K price point.

What is the tenant pool like in Milwaukie, OR?

Working renters make up the core of the Milwaukie, OR tenant base. The pool is reasonable for investors targeting long-term holds.

What do landlords charge for rent in Milwaukie, OR?

The typical rental in Milwaukie, OR commands about $1,765/mo monthly. That rent profile predictable cash flow against the $498K purchase basis.

How landlord-friendly is Milwaukie, OR?

OR law landlord-friendly for landlords, and Milwaukie inherits those rules. Investors should still review local ordinances for rental licensing.

Should investors consider Milwaukie, OR?

Milwaukie, OR sits at an investability rating of 2.0/5, with median home values near $498K and average rents around $1,765/mo. That combination puts it in the solid tier for investor interest.

Community Ratings

What people who’ve spent time here actually say. Not paid reviews.

Be the first to rate Milwaukie, OR.

It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.