12107 SE 37th Ave
MilwaukieOR97222
Cheap Homes for Rent in Island Station Neighborhood of Milwaukie, OR from $1,300 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Island Station area of Milwaukie.
13455 SE Oatfield Rd
Oak GroveOR97222
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8311 SE 17th Ave
PortlandOR97202
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714 SE Tacoma St
PortlandOR97202
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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 | $2,271 | $1,425 | $3,000 |
| Island Station 3 Bedroom Homes for Rent | $3,692 | $2,495 | $6,250 |
| Island Station 4 Bedroom Homes for Rent | $3,672 | $3,449 | $3,895 |
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 The Morgan priced from $1,124. Oak Grove Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,225. Here are the most affordable Island Station apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Morgan | The Morgan PDX Studio | Studio,1BA | $1,124 |
| Oak Grove Village Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,225 |
| Dutch Village Apartments | 0x1 | Studio,1BA | $1,275 |
Best Value Apartments for Rent in Island Station, OR
As of August 04, 2025 the best value apartment in the Island Station area is the $1.50 price per square foot 2x1.5 Model at Willamette Townhouse in the in the Eastmoreland neighborhood starting from $1,650. The second greatest value Island Station apartment is the 2BR/2.0BA Model at The Garthwick starting at $2,200 with a $2.14 price per square foot in the Southeast Portland 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. |
|---|---|---|---|
| Willamette Townhouse | 2x1.5 | 2BR,1.5BA | $1.50 |
| The Garthwick | 2BR/2.0BA | 2BR,2BA | $2.14 |
| Tara West Apartments | 2 Bedroom / 1.0 Bath townhome | 2BR,1.5BA | $1.59 |
| Oswego Pointe | 1 Bed 1 Bath | 1BR,1BA | $2.10 |
| Driftwood Terrace Apartments | 2x1 | 2BR,1BA | $1.78 |
| Hidden Village Apartment Homes | 2 bedroom townhome | 2BR,1.5BA | $2.06 |
| Lake Village | 2x1 | 2BR,1BA | $1.96 |
| Concord Crossing | One Bedroom & One Bath | 1BR,1BA | $2.01 |
| Miramonte Lodge | Marquam | 1BR,1BA | $2.24 |
| Dutch Village Apartments | 0x1 | Studio ,1BA | $2.20 |
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 195 Apartments for Rent in Island Station, OR with pricing that ranges from $1,132 to $5,550. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Island Station ranging from $1,395 to $6,250.
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 $1,395 to $6,250 with an average monthly rent of $2,614.
How much are larger Three and Four Bedroom Rentals in Island Station?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Island Station range from $2,395 to $2,949, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,495 to $6,250. Four Bedroom Single-Family rentals are also available starting from $3,449 and Four Bedroom Apartments start at $3,295.
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 Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.