Cheap Apartments for Rent in Happy Valley, OR
43 rentals
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLYTotal price$1,165 - $2,096/mo
Studio-2 Beds
1-2 BathsAvana at Happy Valley | 8800 SE Causey Loop #J-J103,
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 navigateNEW - 2 DAYS AGOSPECIAL OFFERPET FRIENDLY$1,314 - $1,991/mo1-3 Beds1-2 BathsRiverwalk at Happy Valley | 8640 SE Causey Ave #W307,
Happy Valley, OR 97086
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SPECIAL OFFERPET FRIENDLY$1,575 - $2,595/mo1-3 Beds1-2 BathsRock Creek Ridge Apartments | 13071 SE 169th Ave #44,
Happy Valley, OR 97086
PET FRIENDLY$1,580 - $2,329/mo1-2 Beds1-2 BathsAltamont Summit Apartment Homes | 9701 SE Johnson Creek Blvd #M206,
Happy Valley, OR 97086
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SPECIAL OFFERPET FRIENDLY$1,625 - $2,515/mo1-3 Beds1-2 BathsSunridge Terrace | 14712 SE Misty Dr #724403,
Happy Valley, OR 97086
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SPECIAL OFFERPET FRIENDLY$1,720 - $2,442/mo1-2 Beds1-2 BathsScouter's Mountain | 11386 SE Pleasant Valley Pkwy #1-307,
Happy Valley, OR 97086
SPECIAL OFFERPET FRIENDLY$1,750 - $2,215/mo1-2 Beds1-2 BathsStevens Creek | 11430 SE Stevens Rd #C-303,
Happy Valley, OR 97086
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PET FRIENDLY$2,300 - $2,370/mo3 Beds2 BathsHawks Ridge Apartments | 13250 SE 162nd Ave #235,
Clackamas, OR 97015
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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 decreased in May 2026 compared to the previous month. Rent previously peaked in Jan 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,699 |
| 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 |
Average Rent By Bedroom and Home Type
In May 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 | $1,608 | $1,925 | $2,495 | $3,550 | $2,323 |
| Townhomes | — | — | $2,499 | $2,895 | $2,730 |
| Apartments and Condos | — | $1,500 | $3,275 | — | $1,500 |
| Houses | — | $2,295 | $3,300 | $3,595 | $3,300 |
Frequently Asked Questions about Rentals in Happy Valley, OR
- What is the average rent in Happy Valley, OR?The average rent in Happy Valley, OR is $2,323. Rent prices range from $1,165 to as much as $4,990, depending on the type of rental.
- How does the rent in Happy Valley, OR compare to the national average?Average rent in Happy Valley, OR is about 22% higher than the national average rent of $1,910. That means it is more expensive to rent in Happy Valley compared to the U.S. average.
- What is the average rent in Happy Valley, OR, by number of bedrooms?The average rent in Happy Valley, OR is $1,167 for a studio, $1,608 for a 1 bedroom, $1,925 for a 2 bedroom, $2,495 for a 3 bedroom, and $3,550 for a 4 bedroom.
- How have rent prices in Happy Valley, OR changed compared to last year?In the past year, the average rent price in Happy Valley, OR has decreased by $172. That means the average rent is 7% lower than last year.
- How many available rental listings are in Happy Valley, OR?There are 46 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?