What's the average rent in Happy Valley, OR?

Rental Market Trends in Happy Valley, OR

Search for Apartments in Happy Valley, OR

SOURCE: TRULIA DATA

Rental market highlights

As of June 2026, the average rent in Happy Valley, OR is $2,702 per month, which is 39% higher than the national average rent of $1,951 per month.

AVERAGE RENT

$2,702

9.5%$233 increase month-over-month

4.1%$107 increase year-over-year

AVAILABLE RENTALS

APARTMENTS

$1,504

HOUSES

$3,395

TOWNHOUSES

$2,890

As of June 2026, apartments are the most affordable rental option in Happy Valley, OR at $1,504 per month, while houses are the most expensive at $3,395 per month. Townhomes average $2,890 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,639
2 Bedrooms	$1,939
3 Bedrooms	$2,890
4 Bedrooms	$3,395
All	$2,702

As of June 2026, the average rent for a 1 bedroom rental in Happy Valley, OR is $1,639 per month, followed by $1,939 for a 2 bedroom rental, $2,890 for a 3 bedroom rental, and $3,395 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$2,300
3 Bedrooms	$2,890
4 Bedrooms	$3,300
All	$2,890

As of June 2026, the average rent for a 2 bedroom townhome in Happy Valley, OR is $2,300 per month, followed by $2,890 for a 3 bedroom townhome, and $3,300 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$1,500
3 Bedrooms	$1,000
4 Bedrooms	—
All	$1,500

As of June 2026, the average rent for a 2 bedroom apartment in Happy Valley, OR is $1,500 per month, followed by $1,000 for a 3 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$2,395
3 Bedrooms	$3,400
4 Bedrooms	$3,550
All	$3,395

As of June 2026, the average rent for a 2 bedroom house in Happy Valley, OR is $2,395 per month, followed by $3,400 for a 3 bedroom house, and $3,550 for a 4 bedroom house.