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Apartments in Happy Valley

1 - 21 of 21 Results
34
$1,575 - 1,625
Overlook Pointe Apartments
11408 SE 90th Ave Happy Valley, OR
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Covered Parking
In Unit Laundry
24
3D Tour
$1,556 - 3,438
Riverwalk at Happy Valley
Deal
8640 SE Causey Ave Happy Valley, OR
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
34
$1,685 - 2,412
Scouter's Mountain
Deal
11386 SE Pleasant Valley Pkwy Happy Valley, OR
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Balcony/Deck/Patio
17
$1,702 - 4,428
Altamont Summit Apartment Homes
Deal
9701 SE Johnson Creek Blvd Happy Valley, OR
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Covered Parking
In Unit Laundry
28
$3,875
8726 SE 137th Ave
Happy Valley, OR
4 BR | Available Now
Contact
House
Dishwasher
1
$2,699
Discover Your Emerald Retreat: A Happy Valley Dream Home Awaits!
13024 SE 156th Ave Happy Valley, OR
4 BR | Jul. 5, 2025
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
1
$1,950
Coveted Lower Level
12282 SE 104Th Ct Unit 9 Happy Valley, OR
2 BR | Available Now
Contact
House
Air Conditioning
Storage
Pool
33
$3,695
12370 SE Verlie St
Happy Valley, OR
5 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Balcony/Deck/Patio
8
$4,250
11287 SE 118th Ct
Happy Valley, OR
4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
Dishwasher
16
$1,440 - 1,700
Mt. Scott Commons
11299 SE Stevens Rd Happy Valley, OR
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Pool
1
$2,749
Beautiful Three Bedroom Townhome In Happy Valley - End Unit!
12827 SE 155th Ave Happy Valley, OR
3 BR | Jul. 9, 2025
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
1
$3,500
Se Golden Eagle Ln - 4 Bedroom Home In Happy Valley's Monterey Estates
11732 SE Golden Eagle Ln Happy Valley, OR
4 BR | Jul. 11, 2025
Contact
House
Balcony/Deck/Patio
Dishwasher
1
$2,395
Southgate Gem
9336 SE Fuller Rd Happy Valley, OR
3 BR | Jun. 24, 2025
Contact
Dog Friendly
Cat Friendly
House
1
$2,795
Morningside 3 Bedroom Townhome Happy Vally
15560 SE Vivian Way Happy Valley, OR
3 BR | Jul. 10, 2025
Contact
House
Dishwasher
1
$3,095
Live Smart In This Sleek & Spacious 3br Townhome With Great Flow
11254 SE Falco St Happy Valley, OR
3 BR | Sep. 15, 2025
Contact
Dog Friendly
House
Balcony/Deck/Patio
1
$3,495
Happy Valley 4 Bedroom Home
16037 SE Peace Ct Happy Valley, OR
4 BR | Available Now
Contact
House
Dishwasher
1
$4,099
Updates Throughout! 4 Bedroom Home On Mount Scott
11774 SE Lincoln Heights St Happy Valley, OR
4 BR | Available Now
Contact
Dog Friendly
House
Balcony/Deck/Patio
Dishwasher
16
$1,825 - 1,865
Town Center Heights
Deal
11545 SE Stevens Rd Happy Valley, OR
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Covered Parking
In Unit Laundry
12
$1,270 - 1,955
Steve Creek Apartments
11430 Se Stevens Rd Happy Valley, OR
Studio - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
20
Call for Pricing
Acadia Gardens
8370 Southeast Causey Avenue Happy Valley, OR
Studio | Ask for Availability
Contact
Income Restricted
Air Conditioning
Balcony/Deck/Patio
Dishwasher
10
Call for Pricing
Terrace At Mount Scott Apartments
10125 Southeast Bob Schumacher Road Happy Valley, OR
2 - 3 BR | Ask for Availability
Contact
Income Restricted
Section 8
In Unit Laundry
Balcony/Deck/Patio
Dishwasher
1 - 21 of 21 Results
  1. Home
  2. Portland Area Apartments
  3. Happy Valley

How much does it cost to rent an apartment in Happy Valley?

Happy Valley Apartments
Bed Type Average Rent Range
1BR $1,740 $1,340 - $1,980
2BR $1,770 $1,620 - $2,400
3BR $2,120 $1,880 - $3,100
4+BR $3,690 $2,700 - $4,250
Frequently Asked Questions

How many apartments are available in Happy Valley, OR on Rentable.co?

Rentable.co has over 2,050 apartments available in Happy Valley.

What is the average rent for a one-bedroom apartment in Happy Valley, OR?

The average rent for a one-bedroom apartment in Happy Valley is around $1,740 per month.

What is the average rent for a two-bedroom apartment in Happy Valley, OR?

The average rent for a two-bedroom apartment in Happy Valley is around $1,770 per month.

How expensive is it to rent an apartment in Happy Valley, OR?

For a two-bedroom apartment in Happy Valley, the average rent price is $1,770 per month, which is higher than the national average of $1,640 per month.

Can I afford an apartment for rent in Happy Valley, OR?

Based on average rent prices in Happy Valley, to afford a one-bedroom apartment you would need an annual household income of $70,000 to live comfortably.

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Happy Valley:
June Rent Report

Welcome to the June 2025 Happy Valley Apartment Report. In this assessment of the local rental market, data scientists and rental experts break down the June 2025 key findings and figures for the Happy Valley rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Happy Valley and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Happy Valley average rent prices in the chart below.

Monthly Rent Report

$2,750
$2,060
$1,380
$690
$0
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
Jan. 2025
Feb. 2025
Mar. 2025
Apr. 2025
May. 2025
Jun. 2025
1 BR       2 BR

Happy Valley Rent Prices Decrease From May to June

Happy Valley rent prices decreased over the last month. From May to June, the city experienced a -6.09% decrease for the price of a one-bedroom apartment. The rent price for a Happy Valley one-bedroom apartments currently stands at $1,882.0.

When we take a look at the two-bedroom comparison from May to June, Happy Valley experienced a -1.01% decrease for the price of a two-bedroom apartment. The rent price for a Happy Valley two-bedroom apartments currently stands at $2,461.0.

June Prices: Happy Valley vs. Surrounding Areas

Rent Prices in Happy Valley and Surrounding Areas

Rent prices have decreased in Happy Valley over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Happy Valley suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Happy Valley suburbs

  • Rents did not decrease in any of the Happy Valley suburbs.

June 2025 Pricing Trends: Happy Valley vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Pittsburgh, PA
Minneapolis, MN
$4,101
$3,197
$2,350
$2,316
$1,870
$1,341
$1,263
$1,247
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Happy Valley Rent Prices More Affordable Than Major Cities

Rent growth in Happy Valley over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Happy Valley average rent prices appear to be relatively affordable for local residents.

The price for a Happy Valley one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Happy Valley and surrounding area rent prices, take a look at the complete data set below.

Data set for Happy Valley and suburbs

1 BR June 1 BR M/M % Change 2 BR June 2 BR M/M % Change

Methodology

Each month, using over 1 million listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

Browse Happy Valley Apartments
Happy Valley Apartments by Bedrooms
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Colleges Near Happy Valley
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