Luxury Apartments for Rent in Happy Valley, OR

38 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 decreased in Aug 2026 compared to the previous month. Rent previously peaked in Jan 2025.
MonthAverage rent
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
Jul 2026$2,790
Aug 2026$2,395
View as a graph

Average Rent By Bedroom and Home Type

In August 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$1,625$1,945$2,995$3,500$2,399
Townhomes——$3,095—$3,095
Apartments and Condos—$1,925——$1,925
Houses$1,595$2,465$3,299$3,500$3,299
See more information about local market trends in Happy Valley, OR

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 $1,935 per month. This is about 2% lower 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 $1,625 per month. That is about $395 more than the cost of a studio apartment.
  • How many available rental listings are in Happy Valley, OR?
    There are 56 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?
    Some nearby cities include: Clackamas, Damascus, Milwaukie, Gladstone, Gresham. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos de lujo en renta en los alrededores de Happy Valley, OR - 249 Rentas | Trulia