Cheap Apartments for Rent in Happy Valley, OR
45 rentals
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Use arrow keys to navigateSPECIAL OFFERPET FRIENDLYTotal price$1,204 - $1,921/mo
Studio-2 Beds
1-2 BathsAvana at Happy Valley | 8800 SE Causey Loop #R-R105,
Happy Valley, OR 97086
Use arrow keys to navigatePET FRIENDLYINCOME RESTRICTED$1,283 - $1,535/mo1-2 Beds1-2 BathsEaston Ridge | 9009 SE Causey Ave #866733a32,
Happy Valley, OR 97086
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$1,439 - $1,899/mo1-3 Beds1-2 BathsRiverwalk at Happy Valley | 8640 SE Causey Ave #A202,
Happy Valley, OR 97086
Use arrow keys to navigatePET FRIENDLY$1,511 - $2,360/mo1-2 Beds1-2 BathsAltamont Summit Apartment Homes | 9701 SE Johnson Creek Blvd #K104,
Happy Valley, OR 97086
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SPECIAL OFFERPET FRIENDLY$1,740 - $2,855/mo1-2 Beds1-2 BathsScouter's Mountain | 11386 SE Pleasant Valley Pkwy #5-205,
Happy Valley, OR 97086
SPECIAL OFFERPET FRIENDLY$1,750 - $2,550/mo1-3 Beds1-2 BathsStevens Creek | 11430 SE Stevens Rd #C-212,
Happy Valley, OR 97086
SPECIAL OFFERPET FRIENDLY$1,800 - $2,175/mo2 Beds1-2 BathsSunridge Terrace | 14712 SE Misty Dr #844303,
Happy Valley, OR 97086
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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 increased in Jun 2026 compared to the previous month. Rent previously peaked in Jan 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $2,750 |
| Aug 2025 | $2,495 |
| Sep 2025 | $2,495 |
| Oct 2025 | $2,695 |
| Nov 2025 | $2,549 |
| Dec 2025 | $2,500 |
| Jan 2026 | $2,790 |
| Feb 2026 | $2,550 |
| Mar 2026 | $2,695 |
| Apr 2026 | $2,495 |
| May 2026 | $2,323 |
| Jun 2026 | $2,395 |
Average Rent By Bedroom and Home Type
In June 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,639 | $1,939 | $2,890 | $3,395 | $2,702 |
| Townhomes | — | $2,300 | $2,890 | $3,300 | $2,890 |
| Apartments and Condos | — | $1,500 | $3,825 | $3,875 | $1,500 |
| Houses | — | $2,395 | $3,400 | $3,550 | $3,395 |
Frequently Asked Questions about Rentals 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 $2,065 per month. This is about 6% higher than the national average.
- What is the average rent of a house in Happy Valley, OR?The average rent of a house in Happy Valley, OR is $3,395 per month. This is about 74% higher than the national average.
- What is the average rent of a townhome in Happy Valley, OR?The average rent of a townhome in Happy Valley, OR is $2,890 per month. This is about 48% higher than the national average.
- When is the average rent cheapest in Happy Valley, OR?In the last year, the average rent in Happy Valley, OR was lowest in May 2025 when it was $2,200 per month.
- When is the average rent most expensive in Happy Valley, OR?In the last year, the average rent in Happy Valley, OR was highest in Jan 2025 when it was $2,836 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 $1,639 per month. That is about $439 more than the cost of a studio apartment.
- How many available rental listings are in Happy Valley, OR?There are 53 available rental listings 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?