Strong winds have also battered parts of the Island and a Met Office warning for wind remains in place until 6am on Sunday morning.
A flood alert, warning of potential coastal and river flooding due to high spring tides, was also issued by the Environment Agency (EA).
The alert applied to the whole of the Island's coast — with particular warnings for flooding at Yarmouth and East Cowes — and advised that high water was due at 11.57am today (Saturday).
The EA also warned of potential tidal surges and said large waves were expected due to the strength of the wind.
More rain is believed to be on the way and the Met Office has issued a warning for rain from 3am on Monday morning.
See below for the latest updates around the Island:
*20:05 Environment Agency flood warnings for Eastern Yar, Langbridge and Alverstone are no longer in force.
Service on Island Line trains has resumed.
12:30 A Met Office warning for rain on Monday has been lifted. However a warning for rain has been put in place from 6pm on Tuesday until midnight on Wednesday.
11:37 Island Roads announced that Morton Common, Brading, had been reopened.
Southern Vectis confirmed that as a result, routes 2 and 3 would return to normal service as soon as possible.
10:55 Island Line trains have been suspended between Ryde Pier Head and Shanklin following reports of a landslip in the Sandown area.
Replacement buses are being provided for passengers.
Island Roads confirmed that Morton Common Road is still closed due to flooding.
Harding Shute, Brading, has been reopened.
SUNDAY 08:42 A flood warning at Langbridge and Alverstone and a flood alert at Eastern Yar remain in place today (Sunday).
A flood alert is also still in place for the Island's coast.
Island Roads has confirmed that a vehicle width restriction is in place at Alum Bay New Road for safety.
Southern Vectis tweeted customers to say bus routes 2 and 3 were being diverted via Yaverland and Sandown Road due to flooding at Morton Common.
Route 7 was being diverted via The Avenue, Freshwater, due to the closure of Pixley Hill and would terminate at Totland due to the closure of Alum Bay.
Hovertravel, Red Funnel and Wightlink have reported no travel disruptions.
20:39 Island Roads has confirmed that Elm Lane, Newport, and Colemans Lane, Porchfield have been reopened.
18:15 Part of a Shanklin cliff path, between Delphi Road and St Boniface Cliff Road, has been closed following a cliff fall.
Hovertravel has resumed services between Ryde and Southsea and is operating normally as per the timetable.
15:22 For safety reasons Alum Bay Road has been closed to heavy vehicles.
14:49 An Island Roads spokesman said Pixley Hill in Freshwater had been closed for safety reasons.
13:50 Hovertravel has announced suspension of services between Ryde and Southsea due to the adverse weather conditions.
12:36 Island Roads has announced the closure of Egypt Esplanade from Gurnard after high tides flooded the road. Islanders have been urged to avoid the area.
12:13 An Island Roads spokesman confirmed Shanklin High Street was to be closed after a hole opened up in the road.
SATURDAY 08:27 Island Roads has reported flooding around the Island and urged drivers to pass with care.
Flooded roads included Fairlee Road at the junction with Mill Lane, Military Road, Brook, Quarr Hill near Quarr Abbey and St George's Way, Newport.
A spokesman also advised drivers avoid Harding Shute, Brading and said that Colemans Lane, Porchfield and Elm Lane at the junction with Yarmouth Road, Shalfleet, had been closed.
Police in West Wight tweeted to warn drivers of flooding in Shalfleet and the surrounding rural areas.
Fire and rescue services were also called to flooding at The Strand at Ryde at midnight on Friday.
High tides at the Esplanade, Cowes. Pictures by Sara Bryce.