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Updated 5+ Days Ago
Location
12435 Se Water Drop Way, Happy Valley, OR 97086, USA|Rock Creek
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Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
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About 12435 Se Water Drop Way
This gorgeous, almost new townhome, conveniently located just off Sunnyside Rd in a charming new community, is loaded with features and upgrades that you will fall in love with! Spend Summer by the pool at the neighborhood rec center!! Including: • 3 Bedrooms • 2.5 full baths and 1 half bath • Great Room with corner fireplace and slider to back patio • Open Kitchen with island, quartz counters, soft-close cabinetry and stainless appliances including gas range • Quality engineered wood floors on main with upgraded carpets upstairs • Covered front porch • Slider to back patio and fenced private yard and astro-turf lawn. • Vaulted Master Suite with walk-in closet and bath featuring dual sinks and step-in shower • Laundry room with washer/dryer included! • 1 car garage with EV charger, extra hanging storage racks and even a work sink • HOA maintains the front yard & with astro turf in back, it’s LOW yard maintenance • Neighborhood Rec Center with large playground, club house and swimming pool • Within a few minutes’ drive, you can find grocery stores such as New Seasons and Fred Meyer, as well as many dining options and coffee for your morning commute. • Not far from the Clackamas River and other neighborhood green spaces, there are many outdoor destinations like parks and trails within reach. --Proof of Renter's Insurance Required-- * Water/Sewer billed back to tenants ** Sorry, No Pets & No Smoking/Vaping *** Note: This home is not ADA compliant
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 12435 Se Water Drop Way compares to other nearby properties.
Positives
- Images Available
- There are at least 10 photos of this address
- Laundry available on site
- Washers and dryers are available in-building or in-unit
- Walk-in closet
- More closet space on average
Considerations
- No in-unit dishwasher
- Dishwashers aren't available
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 12435 Se Water Drop Way cost about 2% more than the average rent price for 3-bedroom apartments in Happy Valley.
Median rents as of Jul 25 2026.
Rock Creek
Happy Valley
| Month | Median Rent |
|---|---|
| August 2024 | $2,633 |
| 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 | $2,665 |
| June 2026 | $2,684 |
| July 2026 | $2,827 |
| Month | Median Rent |
|---|---|
| August 2024 | $2,646 |
| 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 | $2,631 |
| June 2026 | $2,836 |
| July 2026 | $2,852 |
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 2 years ago | $2,845 |
Schools near 12435 Se 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 12435 Se Water Drop Way
Neighborhood
Rock Creek | Happy Valley, OR
Getting around Happy Valley near 12435 Se Water Drop Way
Walking
4/10
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
2/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 12435 Se Water Drop Way, Happy Valley
Groceries
3/10
At least one grocery store within a 30-minute walk
Shopping
3/10
Some shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
3/10
No elementary schools within a 30-minute walk
High schools
0/10
No high schools within a 30-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
4/10
Few or no bars within walking distance
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