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Apartments in 97086

1 - 20 of 20 Results
34
Overlook Pointe Apartments Apartment for rent in Happy Valley, OR
$1,575 - 1,625
Overlook Pointe Apartments
11408 SE 90th Ave Happy Valley, OR
1 - 2 BR | Available Now
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24
3D Tour
Riverwalk at Happy Valley Apartment for rent in Happy Valley, OR
$1,524 - 3,535
Riverwalk at Happy Valley
8640 SE Causey Ave Happy Valley, OR
1 - 3 BR | Available Now
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Cat Friendly
Virtual Tour
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Air Conditioning
35
Scouter's Mountain Apartment for rent in Happy Valley, OR
$1,685 - 2,580
Scouter's Mountain
Deal
11386 SE Pleasant Valley Pkwy Happy Valley, OR
1 - 2 BR | Available Now
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16
Altamont Summit Apartment Homes Apartment for rent in Happy Valley, OR
$1,672 - 4,042
Altamont Summit Apartment Homes
9701 SE Johnson Creek Blvd Happy Valley, OR
1 - 2 BR | Available Now
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28
8726 SE 137th Ave Apartment for rent in Happy Valley, OR
$3,875
8726 SE 137th Ave
Happy Valley, OR
4 BR | Available Now
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1
Bright And Relaxing 2-bedroom In The Heart Of Happy Valley! Apartment for rent in Happy Valley, OR
$2,399
Bright And Relaxing 2-bedroom In The Heart Of Happy Valley!
12019 SE High Creek Rd Unit B Happy Valley, OR
2 BR | Available Now
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28
11896 SE Sovereign Ct Apartment for rent in Happy Valley, OR
$2,795
11896 SE Sovereign Ct
Happy Valley, OR
3 BR | Available Now
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8
11287 SE 118th Ct Apartment for rent in Happy Valley, OR
$4,250
11287 SE 118th Ct
Happy Valley, OR
4 BR | Available Now
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1
Luxury In Sunnyside – 5br Retreat W/ Views & Fireplace! Apartment for rent in Happy Valley, OR
$3,500
Luxury In Sunnyside – 5br Retreat W/ Views & Fireplace!
11795 SE White Tail Dr Happy Valley, OR
5 BR | Available Now
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1
Coveted Lower Level Apartment for rent in Happy Valley, OR
$2,100
Coveted Lower Level
12282 SE 104Th Ct Unit 9 Happy Valley, OR
2 BR | Available Now
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Pool
16
Mt. Scott Commons Apartment for rent in Happy Valley, OR
$1,440 - 1,700
Mt. Scott Commons
11299 SE Stevens Rd Happy Valley, OR
1 - 2 BR | Available Now
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1
Delightful Morningside Community By Dr Horton Features A 2-story Townhouse With Three Bedrooms And 2.5 Bathrooms, Plus Energy Efficiency. Apartment for rent in Happy Valley, OR
$2,795
Delightful Morningside Community By Dr Horton Features A 2-story Townhouse With Three Bedrooms And 2.5 Bathrooms, Plus Energy Efficiency.
12813 SE 155Th Ave Happy Valley, OR
3 BR | Jul. 1, 2025
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20
Acadia Gardens Apartment for rent in Happy Valley, OR
Call for Pricing
Acadia Gardens
8370 Southeast Causey Avenue Happy Valley, OR
Studio | Ask for Availability
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Income Restricted
Air Conditioning
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1
Updated Luxury Home On Mount Scott - 4 Bedrooms! Apartment for rent in Happy Valley, OR
$4,299
Updated Luxury Home On Mount Scott - 4 Bedrooms!
11774 SE Lincoln Heights St Happy Valley, OR
4 BR | Available Now
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1
Spacious Yard And Home Apartment for rent in Happy Valley, OR
$2,750
Spacious Yard And Home
11540 SE Idleman Rd Happy Valley, OR
3 BR | Available Now
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1
Se Golden Eagle Ln - 4 Bedroom Home In Happy Valley's Monterey Estates Apartment for rent in Happy Valley, OR
$3,500
Se Golden Eagle Ln - 4 Bedroom Home In Happy Valley's Monterey Estates
11732 SE Golden Eagle Ln Happy Valley, OR
4 BR | Jul. 11, 2025
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1
4 Bedroom 2.5 Bath Happy Valley Craftsman Home With Unbeatable Features Apartment for rent in Happy Valley, OR
$2,895
4 Bedroom 2.5 Bath Happy Valley Craftsman Home With Unbeatable Features
16938 SE Hemrich Rd Happy Valley, OR
4 BR | Jun. 17, 2025
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10
Terrace At Mount Scott Apartments Apartment for rent in Happy Valley, OR
Call for Pricing
Terrace At Mount Scott Apartments
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
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16
Town Center Heights Apartment for rent in Happy Valley, OR
$1,825 - 1,865
Town Center Heights
Deal
11545 SE Stevens Rd Happy Valley, OR
2 BR | Available Now
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12
Steve Creek Apartments Apartment for rent in Happy Valley, OR
$1,270 - 1,955
Steve Creek Apartments
11430 Se Stevens Rd Happy Valley, OR
Studio - 3 BR | Available Now
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1 - 20 of 20 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 $1,710 $1,340 - $1,790
2BR $1,870 $1,630 - $2,430
3BR $2,050 $1,880 - $2,800
4+BR $3,880 $2,900 - $4,300
Frequently Asked Questions

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

Rentable.co has 20 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 $1,770 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 $1,865 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 $1,710 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 98 units available in this area. The average rent in 97086 is $1,760, 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:
June Rent Report

Welcome to the June 2025 Happy Valley Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the June 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
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
Jan. 2025
Feb. 2025
Mar. 2025
Apr. 2025
May. 2025
Jun. 2025
1 BR       2 BR

Happy Valley Rent Prices Decrease From May to June

Happy Valley rent prices decreased over the last month. From May to June, the city experienced a -6.09% decrease for the price of a one-bedroom apartment. The rent price for a Happy Valley one-bedroom apartments currently stands at $1,882.0.

When we take a look at the two-bedroom comparison from May to June, Happy Valley experienced a -1.01% decrease for the price of a two-bedroom apartment. The rent price for a Happy Valley two-bedroom apartments currently stands at $2,461.0.

June 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.

June 2025 Pricing Trends: Happy Valley vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Pittsburgh, PA
Minneapolis, MN
$4,101
$3,197
$2,350
$2,316
$1,870
$1,341
$1,263
$1,247
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

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 June 1 BR M/M % Change 2 BR June 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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