Happy Valley OR Apartments

18 rentals

Apartments For Rent Near Happy Valley, OR

We found 30 more apartments matching your filters just outside Happy Valley

Average Rent Trends in Happy Valley, OR

Rent in Happy Valley, OR varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a apartment increased in Oct 2026 compared to the previous month. Rent for apartments peaked in Feb 2025.
MonthAverage rent
Nov 2025$1,753
Dec 2025$1,549
Jan 2026$1,531
Feb 2026$1,684
Mar 2026$1,855
Apr 2026$1,949
May 2026$1,875
Jun 2026$1,867
Jul 2026$1,853
Aug 2026$1,930
Sep 2026$1,906
Oct 2026$2,106
View as a graph

Average Rent By Bedroom and Home Type

In October 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,518$1,895$2,950$3,500$2,595
Townhomes—$4,700$2,650—$2,800
Apartments and Condos$1,250$1,597$2,795—$1,597
Houses$1,495$2,465$3,211$3,500$3,250
See more information about local market trends in Happy Valley, OR

Frequently Asked Questions about Apartments and Condos for rent in Happy Valley, OR

  • What is the average rent of an apartment in Happy Valley, OR?
    The average rent of an apartment in Happy Valley, OR is $1,734 per month. This is about 11% lower than the national average.
  • When is the average rent for an apartment cheapest in Happy Valley, OR?
    In the last year, the average rent in Happy Valley, OR was lowest in Dec 2025 when it was $1,549 per month.
  • When is the average rent for an apartment most expensive in Happy Valley, OR?
    In the last year, the average rent in Happy Valley, OR was highest in Feb 2025 when it was $2,411 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Happy Valley, OR?
    The average rent of a 1 bedroom apartment in Happy Valley, OR is $1,446 per month. That is about $82 more than the cost of a studio apartment.
  • How many apartments or condos are available to rent in Happy Valley, OR?
    There are 24 available apartments or condos to rent in Happy Valley, OR.
  • What are some zip codes in Happy Valley, OR?
    Happy Valley, OR includes zip codes such as: 97086.
  • What are some cities near Happy Valley, OR?
    Some nearby cities include: Clackamas, Damascus, Milwaukie, Gladstone, Gresham. These cities may have more rental options to explore.
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