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 May 2026, the average rent in Happy Valley, OR is $2,323 per month, which is 22% higher than the national average rent of $1,910 per month.

AVERAGE RENT

$2,323

-6.9%-$172 decrease month-over-month

-6.9%-$172 decrease year-over-year

AVAILABLE RENTALS

APARTMENTS

$1,892

HOUSES

$3,300

TOWNHOUSES

$2,730

As of May 2026, apartments are the most affordable rental option in Happy Valley, OR at $1,892 per month, while houses are the most expensive at $3,300 per month. Townhomes average $2,730 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,608
2 Bedrooms	$1,925
3 Bedrooms	$2,495
4 Bedrooms	$3,550
All	$2,323

As of May 2026, the average rent for a 1 bedroom rental in Happy Valley, OR is $1,608 per month, followed by $1,925 for a 2 bedroom rental, $2,495 for a 3 bedroom rental, and $3,550 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	—
3 Bedrooms	$2,499
4 Bedrooms	$2,895
All	$2,730

As of May 2026, the average rent for a 3 bedroom townhome in Happy Valley, OR is $2,499 per month, followed by $2,895 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$1,500
3 Bedrooms	$3,275
4 Bedrooms	—
All	$1,500

As of May 2026, the average rent for a 2 bedroom apartment in Happy Valley, OR is $1,500 per month, followed by $3,275 for a 3 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$2,295
3 Bedrooms	$3,300
4 Bedrooms	$3,595
All	$3,300

As of May 2026, the average rent for a 2 bedroom house in Happy Valley, OR is $2,295 per month, followed by $3,300 for a 3 bedroom house, and $3,595 for a 4 bedroom house.