Cheap Apartments for Rent in Happy Valley, OR
47 rentals
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Use arrow keys to navigateSPECIAL OFFERPET FRIENDLYTotal price$1,285 - $1,652/mo
Studio-2 Beds
1-2 BathsAvana at Happy Valley | 8800 SE Causey Loop,
Happy Valley, OR 97086
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Use arrow keys to navigateNEW - 1 DAY AGOPET FRIENDLY$1,365 - $1,600/mo1-2 Beds1-2 BathsOverlook Pointe Apartments | 11408 SE 90th Ave,
Happy Valley, OR 97086
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLYTotal price$1,424 - $1,927/mo1-3 Beds1-2 BathsRiverwalk at Happy Valley | 8640 SE Causey Ave,
Happy Valley, OR 97086
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PET FRIENDLY$1,625 - $2,595/mo1-3 Beds1-2 BathsRock Creek Ridge Apartments | 13071 SE 169th Ave,
Happy Valley, OR 97086
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SPECIAL OFFERPET FRIENDLY
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PET FRIENDLYFURNISHED$1,881 - $2,965/mo1-2 Beds1-2 BathsAltamont Summit Apartment Homes | 9701 SE Johnson Creek Blvd,
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 Sep 2026 compared to the previous month. Rent previously peaked in Jan 2025.
| Month | Average rent |
|---|---|
| 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 |
| Jul 2026 | $2,790 |
| Aug 2026 | $2,395 |
| Sep 2026 | $2,465 |
Average Rent By Bedroom and Home Type
In September 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 | $1,509 | $1,895 | $2,875 | $3,500 | $2,450 |
| Townhomes | — | $4,700 | $2,650 | — | $2,650 |
| Apartments and Condos | $1,250 | $1,650 | $2,795 | — | $1,650 |
| Houses | $1,495 | $2,195 | $3,267 | $3,500 | $3,300 |
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 $1,767 per month. This is about 9% lower than the national average.
- What are the cheapest months to find an apartment to rent in Happy Valley, OR?Last year, the cheapest month to find an apartment to rent was May 2025 when it was $2,200 per month.
- How many cheap apartments are available in Happy Valley, OR?There are 19 apartments to rent that are cheaper than the city’s average rent of $2,450.
- 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 $1,509 per month. That is about $355 more than the cost of a studio apartment.
- 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?
View this page in Spanish: Apartamentos baratos en renta en Happy Valley, OR - 163 Rentas | Trulia