13003 SE Oatfield Rd
MilwaukieOR97222
Cheap Homes for Rent in Island Station Neighborhood of Milwaukie, OR from $600 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Island Station area of Milwaukie.
1500 SE Eastwood Ct
MilwaukieOR97267
1500 SE Eastwood Ct
MilwaukieOR97267
8843 SE 15th Pl
PortlandOR97202
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
12107 SE 37th Ave
MilwaukieOR97222
714 SE Tacoma St
PortlandOR97202
4035 SE King Rd
MilwaukieOR97222
3108 SE Olsen St
MilwaukieOR97222
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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Island Station, Milwaukie, OR Local Guide
How much does it cost to rent a home in Island Station?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Island Station 2 Bedroom Homes for Rent | $1,746 | $1,650 | $1,895 |
| Island Station 3 Bedroom Homes for Rent | $2,866 | $2,550 | $3,495 |
| Island Station 4 Bedroom Homes for Rent | $4,200 | $4,200 | $4,200 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Island Station Neighborhood of Milwaukie, OR.
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Island Station, Milwaukie, OR Local Guide
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Cheapest Available Island Station Apartments for Rent
The cheapest available apartment rental in the Island Station area of Portland, OR is a Studio unit found at Lake Village priced from $1,075. Sellwood Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,075. Here are the most affordable Island Station apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lake Village | 0x1 | Studio,1BA | $1,075 |
| Sellwood Apartments | Studio A | Studio,1BA | $1,075 |
| Oak Grove Village Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,250 |
Best Value Apartments for Rent in Island Station, OR
As of May 30, 2025 the best value apartment in the Island Station area is the $1.65 price per square foot Plan C Model at Waverley & Stuart Hall in the in the Eastmoreland neighborhood starting from $2,120. The second greatest value Island Station apartment is the 3BR/2.0BA Model at Images Springcreek Apartments starting at $2,495 with a $2.07 price per square foot in the Eastmoreland neighborhood. Here is today’s list of the best values for Island Station apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Waverley & Stuart Hall | Plan C | 2BR,2BA | $1.65 |
| Images Springcreek Apartments | 3BR/2.0BA | 3BR,2BA | $2.07 |
| Willamette Townhouse | 2x1.5 | 2BR,1.5BA | $1.59 |
| Tara West Apartments | 2 Bedroom / 1.0 Bath townhome | 2BR,1.5BA | $1.59 |
| Sunnyside Park Apartments | 2x2 | 2BR,2BA | $1.67 |
| River Cliff Apartments | Layout A | 2BR,1BA | $1.59 |
| The Morgan | The Morgan PDX C | 1BR,1BA | $2.16 |
| Concord Crossing | One Bedroom & One Bath | 1BR,1BA | $2.07 |
| Dutch Village Apartments | 1x1 | 1BR,1BA | $2.20 |
| Overlook at the Willamette | Studio | Studio ,1BA | $2.33 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Island Station
What type of rentals are currently available in Island Station?
There are currently 190 Apartments for Rent in Island Station, OR with pricing that ranges from $1,075 to $7,625. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Island Station ranging from $750 to $4,200.
What is the current price range for Rental Homes in Island Station?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Island Station ranges from $750 to $4,200 with an average monthly rent of $2,274.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent
Written by: Chad Deitchley
As your ApartmentHomeLiving.com Local Expert for Portland, Oregon, I’d like to briefly introduce myself. My name is Chad, and I come to the ApartmentHomeLiving.com team after living in Portland for decades.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.