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Apartments in Happy Valley

1 - 26 of 26 Results
34
$1,575 - 1,675
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
$1,289 - 2,692
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
16
$1,650 - 1,700
Mt. Scott Commons
11299 SE Stevens Rd Happy Valley, OR
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Pool
40
$1,663 - 2,139
Altamont Summit
Deal
9701 SE Johnson Creek Blvd Happy Valley, OR
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Fitness Center
16
$1,444 - 4,955
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
19
$2,695
12446 SE Water Drop Way
Happy Valley, OR
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Balcony/Deck/Patio
63
$1,080 - 2,017
Latitude
11282 SE Causey Cir Happy Valley, OR
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Fitness Center
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
1
$2,599
Light & Bright Modern Townhome In Happy Valley! Deposit Special
12629 SE Zion St Happy Valley, OR
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
1
$2,599
Charming Three Bedroom Townhome In Happy Valley - Free Pet Rent
17084 SE Crossroads Ave Happy Valley, OR
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
Pool
1
$4,795
Gorgeous & Spacious 5+ Bedroom Happy Valley Home With Fantastic Views!
15128 SE Nia Dr Happy Valley, OR
5 BR | Available Now
Contact
House
Disability Access
1
$2,349
Serene 3-bedroom Townhouse In Happy Valley-rock Creek
17036 SE Cuyahoga Way Happy Valley, OR
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
22
$3,300
12263 SE Imperial Crest St
Happy Valley, OR
3 BR | Available Now
Contact
House
1
$2,349
Beautiful Three Bedroom Townhome In Happy Valley - End Unit!
12827 SE 155th Ave Happy Valley, OR
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
4
$2,600
12373 SE 122nd Ave Unit 2
Happy Valley, OR
3 BR | Available Now
Contact
Storage
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
$3,175
Gorgeous 3br Home With Open Main Level & Large Primary Suite
11449 SE Pleasant Valley Pkwy Happy Valley, OR
3 BR | Available Now
Contact
House
1
$3,300
Brand New & Beautiful 2025 Holt Home ! Walking Trails, Common Areas!
16633 SE Smith Rock St Happy Valley, OR
3 BR | Available Now
Contact
Dog Friendly
House
1
$1,299
Charming Single Family Home In Happy Valley!
8334 SE Clatsop St Happy Valley, OR
2 BR | Dec. 24, 2025
Contact
Dog Friendly
Cat Friendly
House
1
$2,550
Townhome In Eagle Landing Neighborhood Of Happy Valley
12019 SE High Creek Rd #d Happy Valley, OR
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$4,300
Charming Fully Furnished House On Hill With Mountain Views
15004 SE Shaunte Ln Happy Valley, OR
3 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
House
Dishwasher
1
$3,950
$3,950-two-story 4 Bedrooms, 2.5 Bathrooms Contemporary Home Awaits Your Tenancy!
16235 SE Pleasant Valley Pkwy Happy Valley, OR
4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
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
34
$1,625 - 2,925
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
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
21
$2,400
12373 SE 122nd Ave Unit 1
Happy Valley, OR
2 BR | Available Now
Contact
Storage
Dishwasher
1 - 26 of 26 Results
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  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 $1,620 $1,290 - $1,820
2BR $1,830 $1,320 - $2,610
3BR $2,350 $1,900 - $3,950
Frequently Asked Questions

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

Rentable.co has over 2,221 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 $1,620 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 $1,830 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 $1,830 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 $65,000 to live comfortably.

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Happy Valley:
December Rent Report

Welcome to the December 2025 Happy Valley Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 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
Jan. 2025
Feb. 2025
Mar. 2025
Apr. 2025
May. 2025
Jun. 2025
Jul. 2025
Aug. 2025
Sep. 2025
Oct. 2025
Nov. 2025
Dec. 2025
1 BR       2 BR

Happy Valley Rent Prices Decrease From November to December

Happy Valley rent prices decreased over the last month. From November to December, the city experienced a 0% decrease for the price of a one-bedroom apartment. The rent price for a Happy Valley one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from November to December, Happy Valley experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a Happy Valley two-bedroom apartments currently stands at $.

December 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.

December 2025 Pricing Trends: Happy Valley vs. National Comparisons

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 December 1 BR M/M % Change 2 BR December 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable 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
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