Happy Valley, OR Apartments For Rent
2,269 rentals
- NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLYTotal price$1,184 - $1,952/moStudio-2 Beds1-2 BathsSullivan's Ridge | 1710 NE Multnomah St #923,
Portland, OR 97232 - NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLYTotal price$1,677 - $2,654/mo1-2 Beds1-2 BathsWaterline | 2080 NW Front Ave #A203,
Portland, OR 97209 - NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLYTotal price$1,416 - $2,311/moStudio-1 Bed1 BathThe Dylan | 3883 S Moody Ave #630,
Portland, OR 97239 - SPECIAL OFFERTotal price$1,575 - $1,999/mo1-2 Beds1-2 BathsVercanta Riverfront | 4949 S Landing Dr #637,
Portland, OR 97239 - SPECIAL OFFERPET FRIENDLYTotal price$1,451 - $5,935/moStudio-3 Beds1-3 BathsIndigo | 430 SW 13th Ave #1518,
Portland, OR 97205 - SPECIAL OFFERPET FRIENDLYTotal price$1,400 - $1,775/moStudio-1 Bed0-1 BathmResidences Portland Pearl District | 1155 NW Everett St #417,
Portland, OR 97209 - SPECIAL OFFERPET FRIENDLYTotal price$1,533 - $2,416/moStudio-2 Beds1-2 BathsEnso | 1400 NW Marshall St #617,
Portland, OR 97209 - Total price$1,499 - $3,140/moStudio-2 Beds1-2 BathsHolloway | 2050 NE Pacific St #309,
Portland, OR 97232 - Total price$1,504 - $4,065/moStudio-2 Beds1-2 BathsMillhouse | 1988 NW Savier St #S422,
Portland, OR 97209 - Total price$1,499 - $2,985/mo1-2 Beds1-2 BathsProse Hayden Island | 110 N Tomahawk Island Dr #420,
Portland, OR 97217 - $1,462 - $1,921/moStudio-1 Bed1 BathHassalo on Eighth | 1061 NE 9th Ave #b14d06269,
Portland, OR 97232 - $1,750 - $2,550/mo1-3 Beds1-2 BathsStevens Creek | 11430 SE Stevens Rd #C207,
Happy Valley, OR 97086 - $1,445 - $2,225/moStudio-1 Bed1 BathModera Woodstock | 4850 SE Woodstock Blvd #324,
Portland, OR 97206 - Total price$1,568 - $3,712/moStudio-3 Beds1-2 BathsCyan/PDX | 1720 SW 4th Ave #116,
Portland, OR 97201 - $1,398 - $2,464/mo1-3 Beds1-2 BathsRussellville Commons | 10320 SE Pine St #B-210,
Portland, OR 97216 - $1,245 - $1,500/mo1-2 Beds1 BathGateway Plaza Apartments | 9910 NE Glisan St #11214047,
Portland, OR 97220 - $1,375 - $2,250/mo1-3 Beds1-2 BathsCedar Square Apartments | 10480 SW Eastridge St #26,
Portland, OR 97225 - $1,439 - $2,238/mo1-2 Beds1-2 BathsAxcess 15 Apartments | 1500 NE 15th Ave #N228,
Portland, OR 97232 - $1,699 - $9,528/moStudio-3 Beds1-4 BathsResidences at 11W | 1140 SW Washington St #1604,
Portland, OR 97205 - $1,059 - $1,599/moStudio-2 Beds1 BathDean River Apartments | 3255 SE 17th Ave #201,
Portland, OR 97202 Explore by rental type - Single Family
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What Locals Say about Happy Valley
Review Highlights
Happy Valley brims with easy living—parks, trails, quick airport access, family-ready comfort. People love the dog-friendly parks, good schools, clean streets, and easy access to shops. Drawbacks: few sidewalks, speeding cars, rush-hour jams, high property taxes, dark streets.
AI-generated summary of moderated reviews.
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 | $1,562 | $1,950 | $2,710 | $3,395 | $2,295 |
| Townhomes | — | $2,300 | $2,890 | $2,795 | $2,995 |
| Apartments and Condos | — | $1,500 | $3,825 | $3,875 | $1,500 |
| Houses | — | $2,395 | $3,250 | $3,350 | $3,250 |
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 $3,250 per month. This is about 67% 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 $2,995 per month. This is about 54% 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 $1,562 per month. That is about $368 more than the cost of a studio apartment.
- How many available rental listings are in Happy Valley, OR?There are 45 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?