Apartments in 97086

1 - 24 of 24 Results
34
$1,575 - 1,625
11408 SE 90th Ave Happy Valley, OR
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Covered Parking
In Unit Laundry
24
3D Tour
$1,363 - 2,984
8640 SE Causey Ave Happy Valley, OR
1 - 3 BR | Available Now
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Virtual Tour
Luxury
Air Conditioning
Covered Parking
In Unit Laundry
1
$2,495
14154-14198 SE Summerfield Loop Happy Valley, OR
3 BR | Available Now
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Dog Friendly
Cat Friendly
Disability Access
16
$1,440 - 1,700
11299 SE Stevens Rd Happy Valley, OR
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Fitness Center
Pool
1
$2,395
12019 SE High Creek Rd #d Happy Valley, OR
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$3,200
11386 SE Westchester Ave Happy Valley, OR
3 BR | Available Now
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Dog Friendly
House
Dishwasher
14
$1,479 - 4,844
9701 SE Johnson Creek Blvd Happy Valley, OR
1 - 2 BR | Available Now
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Luxury
Covered Parking
In Unit Laundry
Fitness Center
Dishwasher
63
$1,080 - 2,017
11282 SE Causey Cir Happy Valley, OR
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Fitness Center
40
$1,649 - 2,065
9701 SE Johnson Creek Blvd Happy Valley, OR
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Covered Parking
Fitness Center
34
$1,770 - 2,512
11386 SE Pleasant Valley Pkwy Happy Valley, OR
1 - 2 BR | Available Now
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Luxury
Air Conditioning
Balcony/Deck/Patio
Fitness Center
Fireplace
7
$1,350
Happy Valley, OR
1 BR | Available Now
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Dog Friendly
Air Conditioning
Storage
Dishwasher
34
$3,995
Happy Valley, OR
4 BR | Available Now
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Dog Friendly
Cat Friendly
House
Air Conditioning
Balcony/Deck/Patio
32
$3,395
Happy Valley, OR
5 BR | Available Now
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House
28
$3,595
Happy Valley, OR
4 BR | May. 1, 2026
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Dog Friendly
House
Storage
Dishwasher
1
$3,395
16536 SE Pleasant Valley Pkwy Happy Valley, OR
3 BR | Available Now
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House
Dishwasher
1
$3,595
16235 SE Pleasant Valley Pkwy Happy Valley, OR
4 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$2,795
16740 SE Rebstock Ln Happy Valley, OR
3 BR | Mar. 29, 2026
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Dog Friendly
House
Dishwasher
1
$2,395
8538 SE Gray St Happy Valley, OR
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$2,700
12315 SE Mt Happy Valley, OR
4 BR | Available Now
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House
1
$3,295
14280 SE Dunlin Dr Happy Valley, OR
4 BR | Available Now
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House
Dishwasher
16
$1,825 - 1,865
11545 SE Stevens Rd Happy Valley, OR
2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Covered Parking
In Unit Laundry
20
Call for Pricing
8370 Southeast Causey Avenue Happy Valley, OR
Studio | Ask for Availability
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Income Restricted
Air Conditioning
Balcony/Deck/Patio
Dishwasher
12
$1,270 - 1,955
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
10125 Southeast Bob Schumacher Road Happy Valley, OR
2 - 3 BR | Ask for Availability
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Income Restricted
Section 8
In Unit Laundry
Balcony/Deck/Patio
Dishwasher
1 - 24 of 24 Results
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How much does it cost to rent an apartment in 97086?

97086 apartments
Bed Type Average Rent Range
1BR $1,610 $1,320 - $1,820
2BR $1,880 $1,470 - $2,270
3BR $2,020 $1,880 - $3,380
4+BR $3,600 $2,700 - $4,000
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 154 units available in this area. The average rent in 97086 is $1,770, and you can find 1-bedroom units starting at $1,328.

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:
March Rent Report

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

$2,750
$2,060
$1,380
$690
$0
Apr. 2025
May. 2025
Jun. 2025
Jul. 2025
Aug. 2025
Sep. 2025
Oct. 2025
Nov. 2025
Dec. 2025
Jan. 2026
Feb. 2026
Mar. 2026
1 BR       2 BR

Happy Valley Rent Prices Decrease From February to March

Happy Valley rent prices decreased over the last month. From February to March, 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 February to March, 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 $.

March 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.

March 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 March 1 BR M/M % Change 2 BR March 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.