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Apartments in Happy Valley

1 - 14 of 14 Results
24
3D Tour
$1,427 - 3,862
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
29
$3,400
12956 SE Creekside Ter
Happy Valley, OR
3 BR | Available Now
Contact
House
Air Conditioning
Storage
Dishwasher
22
$2,995
17132 SE Crossroads Ave
Happy Valley, OR
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Dishwasher
23
$1,656 - 8,786
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
34
$1,670 - 2,795
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
51
$3,695
12360 SE Yellowstone St
Happy Valley, OR
4 BR | May. 13, 2024
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Storage
19
$2,795
12977 SE 156th Ave
Happy Valley, OR
3 BR | Available Now
Contact
House
21
$2,399
12019 SE High Creek Rd Unit B
Happy Valley, OR
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Surface Parking
19
$2,800
11564 SE Aquila St Unit Volare
Happy Valley, OR
3 BR | Available Now
Contact
Air Conditioning
Storage
Dishwasher
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
2
$2,495
14154-14198 SE Summerfield Loop
Happy Valley, OR
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Disability Access
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
12
$1,270 - 1,955
Steve Creek Apartments
Deal
11430 Se Stevens Rd Happy Valley, OR
Studio - 3 BR | Available Now
Contact
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 - 14 of 14 Results
  1. Home
  2. Portland Area Apartments
  3. Happy Valley

How much does it cost to rent an apartment in Happy Valley?

Happy Valley Apartments
Bed Type Average Rent Range
1BR $1,720 $1,340 - $1,890
2BR $2,370 $1,680 - $2,730
3BR $2,650 $1,880 - $3,400
Frequently Asked Questions

How many apartments are available in Happy Valley, OR on Rentable.co?

Rentable.co has over 1,669 apartments available in Happy Valley.

What is the average rent for a one-bedroom apartment in Happy Valley, OR?

The average rent for a one-bedroom apartment in Happy Valley is around $1,720 per month.

What is the average rent for a two-bedroom apartment in Happy Valley, OR?

The average rent for a two-bedroom apartment in Happy Valley is around $2,370 per month.

How expensive is it to rent an apartment in Happy Valley, OR?

For a two-bedroom apartment in Happy Valley, the average rent price is $2,370 per month, which is higher than the national average of $1,630 per month.

Can I afford an apartment for rent in Happy Valley, OR?

Based on average rent prices in Happy Valley, to afford a one-bedroom apartment you would need an annual household income of $69,000 to live comfortably.

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Happy Valley:
April Rent Report

Welcome to the April 2024 Happy Valley Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 2024 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

$2,400
$1,800
$1,200
$600
$0
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
1 BR       2 BR

Happy Valley Rent Prices Increase From March to April

Happy Valley rent prices increased over the last month. From March to April, the city experienced a 6.77% increase for the price of a one-bedroom apartment. The rent price for a Happy Valley one-bedroom apartments currently stands at $1,671.0.

When we take a look at the two-bedroom comparison from March to April, Happy Valley experienced a 10.05% increase for the price of a two-bedroom apartment. The rent price for a Happy Valley two-bedroom apartments currently stands at $2,343.0.

April Prices: Happy Valley vs. Surrounding Areas

Rent Prices in Happy Valley and Surrounding Areas

Rent prices have increased 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.

April 2024 Pricing Trends: Happy Valley vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,994
$3,038
$2,355
$2,347
$1,893
$1,300
$1,264
$1,145
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

Happy Valley Rent Prices More Affordable Than Major Cities

Rent growth in Happy Valley over the past year has been on the rise. 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 April 1 BR M/M % Change 2 BR April 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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