Why Live in Lake Road
Lake Road, a neighborhood in Milwaukie, Oregon, is less than 10 miles from downtown Portland and offers suburban convenience with a small-town feel. The community of over 3,500 residents stays connected through a neighborhood association, fostering a tight-knit atmosphere. The area features condo buildings in wooded settings, traditional architecture, and ranch-style homes, with well-maintained yards and ornate shrubbery. The southern border, marked by Mount Scott and Kellogg Creek, provides some homes with a tranquil, nature-adjacent setting. The North Clackamas School District serves the neighborhood, with schools within a 2-mile radius. Though the schools have mixed ratings, the area is known for its diversity.
Lake Road boasts several green spaces, including Minthorn North Natural Area for birdwatching and Century Park for sports and playground activities. By 2024, Bowman-Brae Park will add picnic tables and a playground near Kellogg Creek. The 3-Creeks Natural Area, less than 2 miles northeast, offers nearly 90 miles of wetland habitats for exploration. The neighborhood includes both organic food stores and national chains, with Bob’s Red Mill providing bulk foods and a restaurant, and Milwaukie Marketplace featuring retailers like Rite Aid and Safeway. Dining options include Jo’s Saloon & Eatery and Shari’s Café and Pies.
Residents can participate in neighborhood events or enjoy activities in nearby areas, such as the Umbrella Parade and Teen Game Night at Ledding Library. Commuting is convenient with the MAX light rail connecting Lake Road to Portland, and the Milwaukie Expressway providing access to Highway 99E. Portland International Airport is about 15 miles north, ensuring easy travel options.
Frequently Asked Questions
Is Lake Road a good place to live?
Lake Road is a good place to live. Lake Road is considered car-dependent and somewhat bikeable with some transit options. Lake Road is a suburban neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Lake Road has 5 parks for recreational activities. It is fairly sparse in population with 4.7 people per acre and a median age of 44. The average household income is $107,224 which is above the national average. College graduates make up 47.4% of residents. A majority of residents in Lake Road are home owners, with 36.4% of residents renting and 63.6% of residents owning their home. A
local real estate agent serving Lake Road can help you decide if this neighborhood is the right one for you. Learn more on our
Lake Road neighborhood guide.
Is Lake Road, OR a safe neighborhood?
Lake Road, OR is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Lake Road?
The median home price in Lake Road is $369,950. If you put a 20% down payment of $74,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $1,920 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $82K a year to afford the median home price in Lake Road. The average household income in Lake Road is $107K.
What are the best public schools in Lake Road?
The best public schools that serve Lake Road are:
What are the best private schools in Lake Road?
The best private schools that serve Lake Road are:
What are the most popular zip codes in Lake Road, Milwaukie, OR?
What are the most popular neighborhoods near Lake Road, Milwaukie, OR?
Home Trends in Lake Road, OR
On average, homes in Lake Road, Milwaukie sell after 319 days on the market compared to the national average of 70 days. The median sale price for homes in Lake Road, Milwaukie over the last 12 months is $385,000, up 31% from the median home sale price over the previous 12 months.
Median Sale Price
$385,000
Median Single Family Sale Price
$385,000
Median 2 Bedroom Sale Price
$325,000
Average Price Per Sq Ft
$235
Number of Homes for Sale
6
Last 12 months Home Sales
10
Median List Price
$369,950
Median Change From 1st List Price
13%
Median Home Sale Price YoY Change
31%
