Careers
Favorites
Advertise With Us
Log In
Create Search Alert
Get alerts when new listings become available in the Happy Valley area that match this search.
Email address:

Subscribed
Error! Please try again later.
Contact Property
Your Name

Email Address

Phone Number
Desired Move In Date
Desired Number of Bedrooms
Request a Tour Date

Ask a Question

Error! Please try again later.

Apartments in 97086

1 - 21 of 21 Results
34
$1,265 - 1,650
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
$1,380 - 3,181
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
1
$3,475
Brand New!! 5-bedroom Scouters Mountain Home!
10476 SE Heritage Rd Happy Valley, OR
5 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$4,250
Rare Single Level 3-bed Home In Coveted Mckenna Ridge, Happy Valley - Video
11386 SE Westchester Ave Happy Valley, OR
3 BR | Feb. 7, 2026
Contact
Dog Friendly
House
Dishwasher
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
16
$1,493 - 5,125
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
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
$2,349
Lovely 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
34
$1,670 - 2,422
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
20
$2,795
11142 SE 162nd Ave
Happy Valley, OR
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
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
$3,295
Brand New Contruction At Pleasant Valley Villages In Happy Valley
16690 SE Smith Rock St Happy Valley, OR
3 BR | Feb. 10, 2026
Contact
Dog Friendly
House
Dishwasher
1
$3,800
$3,800-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
1
$2,960
Gorgeous 3br Home With Open Main Level & Large Primary Suite
11449 SE Pleasant Valley Pkwy Happy Valley, OR
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$2,495
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
$4,399
Luxury Five Bedroom Home In Happy Valley With Amazing Views!
15128 SE Nia Dr Happy Valley, OR
5 BR | Available Now
Contact
Dog Friendly
House
Balcony/Deck/Patio
Dishwasher
1
$3,495
Bright & Modern Corner-lot Living In Happy Valley
14280 SE Dunlin Dr Happy Valley, OR
4 BR | Available Now
Contact
House
Dishwasher
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
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
1 - 21 of 21 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 $1,690 $1,280 - $1,790
2BR $1,840 $1,560 - $2,400
3BR $2,080 $1,880 - $4,150
Frequently Asked Questions

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

Rentable.co has 21 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 $1,750 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 $1,837 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 $1,690 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 160 units available in this area. The average rent in 97086 is $1,770, and you can find 1-bedroom units starting at $1,279.

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:
February Rent Report

Welcome to the February 2026 Happy Valley Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the February 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
Mar. 2025
Apr. 2025
May. 2025
Jun. 2025
Jul. 2025
Aug. 2025
Sep. 2025
Oct. 2025
Nov. 2025
Dec. 2025
Jan. 2026
Feb. 2026
1 BR       2 BR

Happy Valley Rent Prices Decrease From January to February

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

February 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.

February 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 February 1 BR M/M % Change 2 BR February 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
Happy Valley Apartments by Bedrooms
Happy Valley Apartments with Amenities
Happy Valley Apartments by Type
Colleges Near Happy Valley
Happy Valley Apartments by Zip Code