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Home / Portland Area Apartments / Happy Valley / Modern 3 Bedroom Townhome At Pleasant Valley Villages In Happy Valley
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Updated 28 minutes ago

Modern 3 Bedroom Townhome At Pleasant Valley Villages In...


12462 SE Water Drop Way Happy Valley, OR

3 Bed
•
2 Bath

1,520 Sq. Ft.

Available starting Nov. 18th
Floor plans
3 Beds • 2 Bath
$2,850
1520 ft2
1 Available
Managed By: Rental Management Services, Inc.
-
$2,850
Available Nov 18th, 2026
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Modern 3 Bedroom Townhome At Pleasant Valley Villages In Happy Valley
Modern 3 Bedroom Townhome At Pleasant Valley Villages In Happy Valley
Modern 3 Bedroom Townhome At Pleasant Valley Villages In Happy Valley
Location ratings
Walk Score®
5
Car-Dependent
Bike Score®
23
Somewhat Bikeable
Amenities
On-site Laundry
Refrigerator
Garbage Disposal
Range / Oven
Microwave
Elevator
Smoke-free Community
Fees & leasing info
Parking
Garage - Attached
Property details
Description

This gorgeous townhome, located just off Sunnyside Rd, is loaded with features that you will love! Including:
• 3 Bedrooms
• 2 full baths and 1 half bath
• Great Room with corner fireplace
• Open Kitchen with island, quartz counters, and stainless appliances including gas range
• End unit with additional windows and more light!
• Covered front porch
• Slider to back patio and fenced private yard
• Vaulted Master Suite with walk-in closet and bath featuring dual sinks and step-in shower
• Laundry room with washer/dryer included!
• 1 car garage
• Within a few minutes’ drive, you can find grocery stores such as New Seasons and Fred Meyer, as well as many dining options and coffee for your morning commute.
• Not far from the Clackamas River and other neighborhood green spaces, there are many outdoor destinations like parks and trails within reach.
--Proof of Renter's Insurance Required--
Sorry, No Pets
Water/Sewer billed back to tenants
**Please note: this unit is not ADA compliant

Additional Details
Total Unit Count: 1
Last Updated: Updated 28 minutes ago
Contact Number: (503) 523-5331
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Modern 3 Bedroom Townhome At Pleasant Valley Villages In Happy Valley by bedroom type below.
3 Bedroom
Suggested income:
$102,600
per year
Rent report

Modern 3 Bedroom Townhome At Pleasant Valley Villages In Happy Valley Rent vs. Happy Valley Average

 Modern 3 Bedroom Townhome At Pleasant Valley Villages In Happy Valley      Happy Valley Average
3BR
$2,850
$2,562
$0
$950
$1,900
$2,850
$3,800

Modern 3 Bedroom Townhome At Pleasant Valley Villages In Happy Valley is asking 11% more than the average 3 bedroom apartment in Happy Valley.

If you upsized to an average priced Happy Valley 4 bedroom apartment, you would pay 17% more per month.

If you downsized to an average priced Happy Valley 2 bedroom apartment, you would pay 17% less per month.

Modern 3 Bedroom Townhome At Pleasant Valley Villages In Happy Valley provides 1% more square footage than the average Happy Valley 3 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Modern 3 Bedroom Townhome At Pleasant Valley Villages In Happy Valley
3BR $2,850 $1.90 $8,550
Happy Valley Average
Studio $1,270 $2.10 $3,810
1BR $1,704 $2.40 $5,111
2BR $2,194 $2.10 $6,582
3BR $2,562 $1.70 $7,686
4BR $3,080 $1.60 $9,240

Availability in Happy Valley

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 139 2BR units on the market in Happy Valley. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
1% 30% 60% 7% 1%
Available Units in Happy Valley
Studio 3
1BR 69
2BR 139
3BR 17
4BR 2
Location
Nearby Colleges

Mt. Hood Community College

Lewis And Clark College

Clackamas Community College

Oregon Health And Science University

Portland State University

FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in on November 18, 2026.
What's the square footage of the available units?
It's 1,520 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
How many bedrooms are in the available units?
There are 3 bedroom units available.
How many bathrooms are in the available units?
There are 2 bathroom units available.
What's the monthly rent at this property?
Modern 3 Bedroom Townhome At Pleasant Valley Villages In Happy Valley has a 3 bedroom unit starting at $2,850.
Where is this property located?
This property is at 12462 SE Water Drop Way in Happy Valley, OR. It's 0.8 miles east from the center of Happy Valley.
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