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Apartments in 97086

1 - 22 of 22 Results
34
$1,400 - 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
$1,366 - 2,701
Riverwalk at Happy Valley
Deal
8640 SE Causey Ave Happy Valley, OR
1 - 3 BR | Available Now
Contact
Virtual Tour
Luxury
Air Conditioning
Covered Parking
In Unit Laundry
0
$2,100
Cozy Updated 3 Bedroom Happy Valley Unit
8495 SE Otty Rd Happy Valley, OR
3 BR | Available Now
Contact
Dishwasher
16
$1,825 - 1,865
Town Center Heights
11545 SE Stevens Rd Happy Valley, OR
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Covered Parking
In Unit Laundry
38
$1,536 - 3,251
Latitude
Deal
11282 SE Causey Cir Happy Valley, OR
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
In Unit Laundry
Balcony/Deck/Patio
16
$1,517 - 4,468
Altamont Summit Apartment Homes
9701 SE Johnson Creek Blvd Happy Valley, OR
1 - 2 BR | Available Now
Contact
Luxury
Covered Parking
In Unit Laundry
Fitness Center
Dishwasher
34
$1,690 - 2,855
Scouter's Mountain
Deal
11386 SE Pleasant Valley Pkwy Happy Valley, OR
1 - 2 BR | Available Now
Contact
Luxury
Air Conditioning
Balcony/Deck/Patio
Fitness Center
Fireplace
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
40
$1,649 - 2,065
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
1
$2,995
Desirable Happy Valley Location - Scouters Mountain Neighborhood / Move-in Ready
10495 SE Heritage Rd Happy Valley, OR
3 BR | Available Now
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Dog Friendly
House
Balcony/Deck/Patio
20
$3,179
10752 SE 99th Dr
Happy Valley, OR
4 BR | Available Now
Contact
Dog Friendly
House
Storage
Dishwasher
36
$1,595
11276 SE Causey Cir
Happy Valley, OR
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$2,870
Beautiful 3 Bed 2 Bath House In Happy Valley!! A/c, Additional Living Area, Great For Entertaining!!
12956 SE 126th Ave Happy Valley, OR
3 BR | Sep. 16, 2026
Contact
Dog Friendly
House
Air Conditioning
Storage
Dishwasher
32
$3,200
12101 SE Punch Bowl Falls Ct
Happy Valley, OR
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
1
$2,999
Spacious 3 Bedroom Home In Happy Valley - Large Fenced Yard!
11881 SE Southern Lites Dr Happy Valley, OR
3 BR | Aug. 16, 2026
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
1
$2,695
Spacious Happy Valley Townhome Featuring Three Bedrooms, Two Balconies & Attached Garage
9083 SE Chloe Ln Happy Valley, OR
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$1,925
A Great Condo With 2 Bedrooms And 2.5 Bathrooms, Single Car Garage In Gated Community In Happy Valley!
11259 SE Causey Cir Happy Valley, OR
2 BR | Available Now
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Dishwasher
Fireplace
1
$2,995
Fabulous, Updated 3 Bedroom Happy Valley Split-level Home W/ A/c!
12047 SE 115th Ave Happy Valley, OR
3 BR | Available Now
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House
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
$2,725
3 Bedroom Luxury Townhouse In Beautiful Happy Valley
15586 SE Vivian Way Happy Valley, OR
3 BR | Available Now
Contact
House
12
$1,270 - 1,955
Steve Creek Apartments
11430 Se Stevens Rd Happy Valley, OR
Studio - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
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 - 22 of 22 Results
  1. Home
  2. Portland Area Apartments
  3. Happy Valley
  4. 97086

How much does it cost to rent an apartment in 97086?

97086 apartments
Bed Type Average Rent Range
1BR $1,580 $1,340 - $1,830
2BR $1,900 $1,410 - $2,400
3BR $2,550 $1,920 - $3,100
Frequently Asked Questions

How many apartments are available in 97086 on Rentable.co?

Rentable.co has 22 apartments available for rent in 97086.

What is the average rent for an apartment in 97086?

The average rent for an apartment in 97086 is around $1,730 per month.

What is the average rent for a two-bedroom apartment in 97086?

The average rent for a two-bedroom apartment in 97086 is around $1,904 per month.

What is the average rent for a one-bedroom apartment in 97086?

The average rent for a one-bedroom apartment in 97086 is around $1,582 per month.

Find an Apartment in 97086
Looking for apartments for rent in the 97086 zip code in Happy Valley, OR? Rentable has a variety of options available for you. Currently, there are 150 units available in this area. The average rent in 97086 is $1,730, and you can find 1-bedroom units starting at $1,341.

So if you're searching for apartments near 97086 in Happy Valley, OR, Rentable has the perfect options for you. Explore our listings and find the rental that suits your needs and preferences. Don't miss out on the opportunity to live in this desirable location surrounded by parks, points of interest, and all the amenities you desire.

Happy Valley:
August Rent Report

Welcome to the August 2026 Happy Valley Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the August 2026 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

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Feb. 2026
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Aug. 2026
1 BR       2 BR

Happy Valley Rent Prices Decrease From July to August

Happy Valley rent prices decreased over the last month. From July to August, 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 July to August, 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 $.

August 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.

August 2026 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 August 1 BR M/M % Change 2 BR August 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.

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