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Highlights
Pet Friendly
Location
12408 Southeast Water Drop Way, Happy Valley, Oregon 97086, United States|Rock Creek
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Amenities for 12408 Southeast Water Drop Way, Rock Creek
Appliances
| Dishwasher | Garbage Disposal |
| In-Unit Laundry | Microwave |
| Range | Refrigerator |
| Washer and Dryer |
Community
| Cats OK | Dogs OK |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Limit1
Cat Policy
Allowed
Limit1
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About 12408 Southeast Water Drop Way
Home
Houses in Happy Valley 12408 Southeast Water Drop Way, Happy Valley, Oregon 97086, United States
Houses in Happy Valley 12408 Southeast Water Drop Way, Happy Valley, Oregon 97086, United StatesDiscover the perfect blend of comfort and convenience in this stunning 3 bedroom, 2.5 bathroom home with thoughtfully designed living space. Nestled in the heart of Happy Valley, this home is located in a highly sought-after neighborhood on a corner lot! With an inviting open-concept layout, a spacious kitchen featuring modern stainless steel appliances, ample counter space, beautiful cabinetry and a living room filled with natural light, the main floor does not disappoint. Additional features of the main floor are a half bath, garage access, fireplace and fully fenced backyard. Upstairs is a primary bedroom with en-suite bath and closet, two additional bedrooms and an additional full bathroom. The designated laundry room is conveniently located upstairs as well. Enjoy the convenience of being just minutes away from local parks, shopping, and dining. Indulge in nearby favorites like Happy Valley Station Food Cart Pod and a variety of cafes and restaurants. North Clackamas School District (Deemed reliable, but not guaranteed) Screening: All applicants age 18+ are required to be screened & pay a $55 screening fee (each) Lease Term: 12 months. Security Deposit: $2,650 OAC Pet Policy: Allowed, 2 maximum - Cats allowed, dogs allowed, up to 50lbs Pet Pricing (per pet): Pet Deposit - $500 & Pet Rent - $25/month Smoking: This is a non-smoking property Landscaping: Backyard Responsibility of the tenant Washer/Dryer: Provided Utilities: All utilities are the responsibility of the resident Accessibility: This is not an accessible dwelling unit *Visit https touchstonepdx com featured-rentals for the most current listing information. All Touchstone Property Management residents are invited to enroll in the Resident Benefits Package (RBP) for $44.95/month which includes liability insurance, HVAC air filter delivery, credit building to help boost the resident’s credit score with timely rent payments, up to $1M Identity Theft Protection, our best-in-class resident rewards program, and much more! More details upon application.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 12408 Southeast Water Drop Way compares to other nearby properties.
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
- Greater distance from high schools
- The nearest high school is farther than 2 miles away
- Greater distance from middle schools
- The nearest middle school is farther than 2 miles away
Address details
| Neighborhood | Rock Creek |
|---|---|
| Zip code | 97086 |
| Type | House for rent |
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Rent trends in Rock Creek
3-bedroom apartments at 12408 Southeast Water Drop Way cost about 2% less than the average rent price for 3-bedroom apartments in Happy Valley.
Median rents as of May 9 2026.
Rock Creek
Happy Valley
| Month | Median Rent |
|---|---|
| May 2024 | $2,795 |
| June 2024 | $2,838 |
| July 2024 | $2,749 |
| August 2024 | $2,636 |
| September 2024 | $2,612 |
| October 2024 | $2,674 |
| November 2024 | $2,750 |
| December 2024 | $2,828 |
| January 2025 | $2,608 |
| February 2025 | $2,595 |
| March 2025 | $2,614 |
| April 2025 | $2,597 |
| May 2025 | $2,689 |
| June 2025 | $2,767 |
| July 2025 | $2,803 |
| August 2025 | $2,823 |
| September 2025 | $2,685 |
| October 2025 | $2,616 |
| November 2025 | $2,686 |
| December 2025 | $2,683 |
| January 2026 | $2,749 |
| February 2026 | $2,713 |
| March 2026 | $2,795 |
| April 2026 | $2,772 |
| May 2026 | $2,646 |
| Month | Median Rent |
|---|---|
| May 2024 | $2,650 |
| June 2024 | $2,825 |
| July 2024 | $2,785 |
| August 2024 | $2,653 |
| September 2024 | $2,598 |
| October 2024 | $2,618 |
| November 2024 | $2,687 |
| December 2024 | $2,791 |
| January 2025 | $2,582 |
| February 2025 | $2,591 |
| March 2025 | $2,604 |
| April 2025 | $2,509 |
| May 2025 | $2,673 |
| June 2025 | $2,729 |
| July 2025 | $2,790 |
| August 2025 | $2,816 |
| September 2025 | $2,745 |
| October 2025 | $2,730 |
| November 2025 | $2,695 |
| December 2025 | $2,708 |
| January 2026 | $2,714 |
| February 2026 | $2,678 |
| March 2026 | $2,759 |
| April 2026 | $2,870 |
| May 2026 | $2,660 |
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 6 months ago | $2,650 |
Schools near 12408 Southeast Water Drop Way
Scouters Mountain Elementary School
10811 se 172nd ave
happy valley, OR, 97086
K-5Public
A-
Beatrice Morrow Cannady Elementary School
18031 se vogel rd
damascus, OR, 97089
K-5Public
B+
Milwaukie El Puente Elementary School
11250 se 27th ave
milwaukie, OR, 97222
K-5Public
C+
Wheatley School
14030 ne sacramento st
portland, OR, 97230
K-12Public
The Creeks
2470 sw halsey
troutdale, OR, 97060
K-12Public
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Internet available near 12408 Southeast Water Drop Way
Getting around Happy Valley near 12408 Southeast Water Drop Way
Walking
3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
3/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
1/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 12408 Southeast Water Drop Way, Happy Valley
Groceries
3/10
At least one supermarket within a 30-minute walk
Shopping
3/10
Some shops within walking distance
Cafes
4/10
Some cafés within a few minutes’ walk
Restaurants
4/10
Some restaurants within walking distance
Primary schools
3/10
At least one elementary school within a 30-minute walk
High schools
1/10
Closest high school further than a 30-minute walk
Parks
6/10
Large amount of park space nearby
Nightlife
3/10
Some bars within walking distance
Explore the area around 12408 Southeast Water Drop Way
Fred Meyer
17005 SE Sunnyside Rd
Grocery Outlet
14800 SE Sunnyside Rd
Safeway
20151 SE Highway 212
Safeway
12032 SE Sunnyside Rd
Pleasant Valley Market
16880 SE Foster Rd
Mapel Boutique
13100 SE 172nd Ave
Sublime Clothing
13175 SE Sunnyside Rd
Almost Ethereal Boutique LLC
20210 SE Delia St
Hardkor Sportswear
16043 SE Gaibler Ln
Bronze Bobbin
9200 SE Wooded Hills Ct
Starbucks
17005 SE Sunnyside Rd
Mediterranean Grill LLC
15910 SE Happy Valley Town Center Dr
Peet's Coffee
15918 SE Happy Valley Town Center Dr
Black Rock Coffee Bar
16000 SE Sunnyside Rd
Starbucks
17328 SE Sunnyside Rd
Valley Public House
12960 SE 162nd Ave
Killer Burger
14682 SE Sunnyside Rd
Gloria'z Pub & Grill
13175 SE Sunnyside Rd
Whiskey Barrel Lounge
Pub 212
20400 SE Highway 212
Murray's Cheese
17005 SE Sunnyside Rd
Grilla Cheese LLC
13551 SE 145th Ave
Happy Valley Farmers Market
13231 SE Sunnyside Rd
Jla Health Stop
11123 SE Alexander Ave
We are Cake
13175 SE Sunnyside Rd
Valley Public House
12960 SE 162nd Ave
Happy Hollow Pizzeria
16085 SE Happy Valley Town Center Dr
Sports on Tap
16021 SE Happy Valley Town Center Dr
SNOWFOX
17005 SE Sunnyside Rd
Chipotle Mexican Grill
17015 SE Sunnyside Rd
169th & Misty
SAM: Sandy & Clackamas
SE 169th / Misty
Sunnyside
SE Sunnyside / 169th
Sunnyside
SS & 169th
SAM: Sandy & Clackamas
SE Sunnyside / 162nd
Sunnyside
Clackamas Town Center TC MAX Station
MAX Green Line, MAX Green Line
SE Fuller Rd MAX Station
MAX Green Line
SE Fuller Rd MAX Station
MAX Green Line
SE Flavel St MAX Station
MAX Green Line
SE Flavel St MAX Station
MAX Green Line
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