How much is the average rent in Happy Valley, OR for 1-bedroom and 2-bedroom apartments?

Happy Valley's 2025 rental market shows one-bedroom apartments averaging around $1,600 per month, while two-bedroom units average around $1,900 per month. These figures reflect the current market conditions across the city's rental inventory.

When is the best time to look for an apartment in Happy Valley, OR?

May offers the lowest rental prices in Happy Valley, with rents approximately 17% lower than October, which sees the highest prices. April tends to be the most competitive month with higher demand, while October and November are less competitive with reduced demand relative to supply.

What are the best neighborhoods to rent an apartment in Happy Valley, OR?

Rock Creek dominates Happy Valley's rental market with 51% of available listings and generates the highest consumer interest. Happy Valley and Sunnyside neighborhoods also excel with strong walk scores, transit frequency, and vibrant community atmospheres created by diverse age distributions and well-developed street infrastructure.

What areas of Happy Valley, OR are best for budget-conscious renters?

Sunnyside offers the most budget-friendly option in Happy Valley at around $1,910 per month, just 1% below the city median. Rock Creek provides another option at around $2,510 per month, though it represents a higher price point within the local market.

Are there pet-friendly apartments in Happy Valley, OR?

Happy Valley welcomes pets with 46% of rental listings offering pet-friendly policies. Rock Creek, Happy Valley, and Sunnyside neighborhoods provide exceptional pet amenities including dedicated pet spaces, waste stations, no breed restrictions, pet-friendly flooring, outdoor exercise areas, and regular community pet events.

Are utilities usually included in rent in Happy Valley, OR?

Utilities are rarely included in Happy Valley rentals, appearing in less than 1% of total listings. Three-bedroom apartments have the highest rate of utility inclusion at approximately 0.09% of available units, while most apartment sizes show minimal utility inclusion rates.

Cheap Apartments for Rent in Happy Valley, OR

25 rentals available

Income restricted

Rent special

1d ago

9.9

Excellent

Verified

Acadia Gardens

8370 Se Causey Ave, Milwaukie, OR 97086

Affordable | On-site laundry | Dishwasher

Studio–2 beds

1–2 baths

$1,154–$1,631

Apartment for rent

Top amenities

Ceiling Fan

Dishwasher

On-Site Laundry

Storage

Call

3d ago

8.6

Very good

72ND

5855 Se 72nd Ave, Portland, OR 97206

Affordable | In-unit laundry

Studio

1 bath

$1,195–$1,275

Apartment for rent

Top amenities

In-Unit Laundry

3d ago

9.7

Excellent

Verified

The Lenox

5151 Se Holgate Blvd, Portland, OR 97206

Affordable | In-unit laundry | Air conditioning

Studio–1 bed

1 bath

$1,273–$1,561

Price drop

Apartment for rent

Top amenities

Air Conditioning

Ceiling Fan

In-Unit Laundry

Call

#167 FRANCIS STREET APARTMENTS - Photo 1 of 1

5d+ ago

8.4

Very good

#167 FRANCIS STREET APARTMENTS

3933 Se Francis St, Portland, OR 97202

Affordable

1 bed

1 bath

$1,345

Apartment for rent

Rent special

2d ago

9.6

Excellent

Verified

Edison Apartments

1833 Se 6th St, Gresham, OR 97080

Affordable | In-unit laundry | Dishwasher

1–2 beds

1–2 baths

$1,349–$1,699

Apartment for rent

Top amenities

High Ceilings

In-Unit Laundry

Storage

Call

3904 Se Cesar E Chavez Blvd #2 - Photo 1 of 1

5d+ ago

Cheap Creston - Kenilworth apartment for rent in Portland

Affordable | On-site laundry | Assigned parking

1 bed

1 bath

$1,395

Apartment for rent

Top amenities

Assigned Parking

On-Site Laundry

Oven

Nearby rental good for eco-living

$1,499

Brentwood - Darlington

Nearby rental good for pet owners

$1,675–$1,700

11299 Se Stevens Rd

3d ago

Cheap Centennial apartment for rent in Portland

16916 Se Powell Blvd #7, Portland, OR 97236

Affordable | In-unit laundry | Assigned parking

2 beds

1 bath

$1,495

$1,395

Price drop

Apartment for rent

Top amenities

Assigned Parking

In-Unit Laundry

On-Site Management

Oven

3d ago

Cheap Centennial apartment for rent in Portland

16916 Se Powell Blvd #6, Portland, OR 97236

Affordable | In-unit laundry | Assigned parking

2 beds

1 bath

$1,595

$1,495

Price drop

Apartment for rent

Top amenities

Assigned Parking

Dishwasher

In-Unit Laundry

On-Site Management

Oven

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No deposit

5d+ ago

Cheap Brentwood - Darlington house for rent in Portland

6832 Se 50th Ave, Portland, OR 97206

Affordable | Outdoor space

1 bed

1 bath

$1,499

House for rent

Overlook Pointe Apartments - Photo 1 of 1

15h ago

8.8

Very good

Overlook Pointe Apartments

11408 Se 90th Ave, Milwaukie, OR 97086

Affordable | On-site laundry | Garage parking

1–2 beds

1 bath

$1,525–$1,625

Apartment for rent

Top amenities

On-Site Laundry

Storage

Swimming Pool

Find sweet deals near Happy Valley

These rentals are 10%-30% cheaper than the local average price for similar rentals.

$1,585

Rock Creek

$2,099

Sunnyside

$2,399

Rock Creek

N/A

Southgate

Highly rated

1d ago

9.7

Excellent

Verified

NAYA Generations

8510 Se Steele St, Portland, OR 97266

Affordable | In-unit laundry | Dishwasher

1–4 beds

1–2 baths

$1,534

Apartment for rent

Top amenities

Air Conditioning

Dishwasher

Hardwood Floor

In-Unit Laundry

On-Site Laundry

Residents Lounge

Call

2d ago

9.6

Excellent

Verified

Lumina Apartments

2700 W Powell Blvd, Gresham, OR 97030

Affordable | In-unit laundry | Garage parking

1–3 beds

1–2 baths

$1,539–$2,412

Apartment for rent

Top amenities

Ceiling Fan

Dishwasher

Garage Parking

In-Unit Laundry

Residents Lounge

Roof Deck

Call

2d ago

8.5

Very good

Trailside

4850 Sw 11th St, Gresham, OR 97080

Affordable | In-unit laundry | Garage parking

2 beds

2 baths

$1,575

Apartment for rent

Top amenities

Dishwasher

In-Unit Laundry

Storage

Highly rated

2d ago

9.9

Excellent

Verified

Rivergreens Apartments

19739 River Rd, Gladstone, OR 97027

Affordable | In-unit laundry | Garage parking

1–3 beds

1–2 baths

$1,580–$1,925

Apartment for rent

Top amenities

Fitness Center

On-Site Laundry

Package Service

Residents Lounge

Roof Deck

Swimming Pool

Call

14h ago

Cheap Centennial apartment for rent in Portland

16924 Se Powell Blvd #35, Portland, OR 97236

Affordable | In-unit laundry | Garage parking

2 beds

2 baths

$1,625

Apartment for rent

Top amenities

Assigned Parking

Dishwasher

In-Unit Laundry

On-Site Management

Oven

5d+ ago

8.3

Very good

Woodstock Manor

7315 Se Mitchell Ct, Portland, OR 97206

Affordable | In-unit laundry | Dishwasher

2 beds

1 bath

$1,645

Apartment for rent

Top amenities

In-Unit Laundry

3d ago

8.5

Very good

Fuller Commons

11615 Se Fuller Rd, Milwaukie, OR 97222

Affordable | In-unit laundry | Dishwasher

2 beds

1 bath

$1,650

Apartment for rent

Top amenities

Ceiling Fan

In-Unit Laundry

Highly rated

2d ago

9.6

Excellent

Verified

Creekside Apartments

10764 Se Sunnyside Rd, Happy Valley, OR 97015

Affordable | In-unit laundry | Garage parking

1–4 beds

1–2 baths

$1,665–$1,900

Apartment for rent

Top amenities

Dishwasher

Fitness Center

In-Unit Laundry

Residents Lounge

Roof Deck

Swimming Pool

Call

3d ago

8.3

Very good

Mt. Scott Commons

11299 Se Stevens Rd, Happy Valley, OR 97086

Affordable | Swimming pool | Fitness center

2 beds

2 baths

$1,675–$1,700

Apartment for rent

3d ago

8.1

Very good

JC0645 - The Creston

3651 Se Francis St, Portland, OR 97202

Affordable

2 beds

1 bath

$1,695

Apartment for rent

5d+ ago

8.3

Very good

The Woodstock!

6006 Se 53rd Ave, Portland, OR 97206

Affordable | In-unit laundry | Dishwasher

2 beds

1 bath

$1,795

Apartment for rent

Top amenities

Fireplace

Hardwood Floor

In-Unit Laundry

Microwave

On-Site Management

14h ago

Cheap Centennial apartment for rent in Portland

16936 Se Powell Blvd #67, Portland, OR 97236

Affordable | In-unit laundry | Assigned parking

3 beds

2 baths

$2,250

Apartment for rent

Top amenities

Assigned Parking

In-Unit Laundry

On-Site Management

14h ago

Cheap Centennial apartment for rent in Portland

16936 Se Powell Blvd #69, Portland, OR 97236

Affordable | In-unit laundry | Assigned parking

3 beds

2 baths

$2,250

Apartment for rent

Top amenities

Dishwasher

In-Unit Laundry

On-Site Management

3D tour

5d+ ago

Cheap Woodstock townhouse for rent in Portland

5215 Se Pardee St, Portland, OR 97206

Affordable | In-unit laundry | Dishwasher

2 beds

1.5 baths

$2,300

House for rent

Top amenities

In-Unit Laundry

5d+ ago

Cheap Eastmoreland house for rent in Portland

6214 Se 36th Ave, Portland, OR 97202

Affordable | Dishwasher

4 beds

2 baths

$4,500

House for rent

Showing 1 - 25 of 25 results

Home > Apartments in Happy Valley > Happy Valley Cheap Apartments For Rent

Updated: June 22, 2026

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