What's the average rent in Happy Valley, OR?
Rental Market Trends in Happy Valley, OR
Choose another city
SOURCE: TRULIA DATA
Rental market highlights
As of August 2026, the average rent in Happy Valley, OR is $2,399 per month, which is 22% higher than the national average rent of $1,965 per month.
AVERAGE RENT
$2,399
-11.1%-$300 decrease month-over-month
-11.0%-$296 decrease year-over-year
AVAILABLE RENTALS
56
APARTMENTS
HOUSES
TOWNHOUSES
As of August 2026, apartments are the most affordable rental option in Happy Valley, OR at $1,935 per month, while houses are the most expensive at $3,299 per month. Townhomes average $3,095 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,625 |
| 2 Bedrooms | $1,945 |
| 3 Bedrooms | $2,995 |
| 4 Bedrooms | $3,500 |
| All | $2,399 |
As of August 2026, the average rent for a 1 bedroom rental in Happy Valley, OR is $1,625 per month, followed by $1,945 for a 2 bedroom rental, $2,995 for a 3 bedroom rental, and $3,500 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $3,095 |
| 4 Bedrooms | — |
| All | $3,095 |
As of August 2026, the average rent for a 3 bedroom townhome in Happy Valley, OR is $3,095 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,925 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $1,925 |
As of August 2026, the average rent for a 2 bedroom apartment in Happy Valley, OR is $1,925 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,595 |
| 2 Bedrooms | $2,465 |
| 3 Bedrooms | $3,299 |
| 4 Bedrooms | $3,500 |
| All | $3,299 |
As of August 2026, the average rent for a 1 bedroom house in Happy Valley, OR is $1,595 per month, followed by $2,465 for a 2 bedroom house, $3,299 for a 3 bedroom house, and $3,500 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -4% compared to the previous year, which is a $100 decrease.
This year (2026)
Last year (2025)
Rent distribution
39% of rentals have rent of $1,500-$2,199/month
Rental price range
The price range for rentals is $1,200 to $5,100.
