Apartments for Rent in Happy Valley, OR (230 Rentals)

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From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots

Discover the true heart of Portland, Oregon, with this local expert's guide. Explore the city's unique history, from the coin toss that named it to its "Keep Portland Weird" culture, and get an insider look at its most notable neighborhoods and internationally recognized food scene.

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The Elwood
$1,693 - $4,429
Total Monthly Price

Total Monthly Price

Base Rent
$1,693 - $4,429
Total Monthly Price
$1,693 - $4,429
1 to 3 Bedroom Apartments Available Now

The Elwood

13702 SE 162nd AveHappy Valley, OR 97015
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 11737 SE Cheyenne Ln

$2,799

Total Monthly Price

Total Monthly Price

Base Rent
$2,799
Total Monthly Price
$2,799

3 Bedroom, 2 Bath Home for Rent

Available Now

11737 SE Cheyenne Ln

Happy ValleyOR97015
property at 9977 SE Cheryl Ct

$3,900

Total Monthly Price

Total Monthly Price

Base Rent
$3,900
Total Monthly Price
$3,900

4 Bedroom, 4 Bath Home for Rent

Available Now

9977 SE Cheryl Ct

Happy ValleyOR97086

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Heirloom
$1,473 - $2,100
Total Monthly Price

Total Monthly Price

Base Rent
$1,473 - $2,100
Total Monthly Price
$1,473 - $2,100
1 to 3 Bedroom Apartments Available Now

Heirloom

7900 SE Luther RdPortland, OR 97206
Affordability
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  • Customer Reviewed
  • 3D Tour

Portland’s Best Affordable Neighborhoods

Learn about Portland and the best places to live with original content written by our Portland, OR Local Expert Chad Deitchley

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Townhomes with a View
Rent Specials
$1,399 - $2,150
Total Monthly Price

Total Monthly Price

Base Rent
$1,399 - $2,150
Total Monthly Price
$1,399 - $2,150
1 to 3 Bedroom Apartments Available Now

Townhomes with a View

9840 SE Talbert StClackamas, OR 97015
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  • Customer Reviewed
  • 3D Tour

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Eleven Pines
$1,545 - $1,665
Total Monthly Price

Total Monthly Price

Base Rent
$1,545 - $1,665
Total Monthly Price
$1,545 - $1,665
1 to 3 Bedroom Apartments Available Aug 29

Eleven Pines

4777 SW 11th StGresham, OR 97080
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  • Customer Reviewed
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The Heights Apartments
Rent Specials
$1,749 - $1,879
Total Monthly Price

Total Monthly Price

Base Rent
$1,749 - $1,879
Total Monthly Price
$1,749 - $1,879
2 Bedroom Apartments Available Now

The Heights Apartments

8057 SE Monroe StMilwaukie, OR 97222
Eco-Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included

Neighborhood & Market Insights: How to Choose the Right Area to Rent

Master your search for the perfect apartment. Location is everything. Discover how to leverage community insights, public data, and personal visits to make a fully informed decision about where to rent.

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Happy Valley, OR Local Guide

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Tour smarter and choose with confidence. Get the essential 18 questions that reveal the truth about a rental property's maintenance, utilities, and safety.

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The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs

Balance work and life in Portland. Explore the neighborhoods for renting that offer great amenities and quick commutes to the city's top major employers. Find your Portland apartment today!

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A Local Experts Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland

A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Portland area. Find your perfect Student apartment, condo, or rental home today

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Happy Valley, OR Rentals by Map

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Frequently Asked Questions about Happy Valley

What is the current pricing and availability for apartments for rent in Happy Valley, OR?

As of today, August 15, 2026, there are currently 230 available Happy Valley apartments priced from $1,150 to $2,799, with an average monthly rent of $1,916.

How much are Studio apartments in Happy Valley?

There are currently 51 Studio Apartments in Happy Valley with rent ranges from $1,150 to $1,875 with an average price of $1,373.

What is the current price range for One Bedroom Happy Valley Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Happy Valley ranges from $1,184 to $2,590 with an average monthly rent of $1,633.

What does renting a Two Bedroom Apartment in Happy Valley cost?

The monthly rent prices of Two Bedroom Apartments currently available in Happy Valley range from $1,450 to $2,660. Today's average rental price for Two Bedrooms here is $2,018.

How expensive are Happy Valley Three Bedroom Apartments?

There are currently 77 Three Bedroom Apartments listings available in Happy Valley on ApartmentHomeLiving.com. The pricing ranges from $1,757 to $2,799 - averaging $2,299 for the location.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Helpful Local Expert Guides

decorative image for From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots article

From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots

Written by: Chad Deitchley

Hello! My name is Chad, and I am your ApartmentHomeLiving.com Local Expert for Portland, Oregon. After living in this one-of-a-kind city for more than 20 years, I have seen it change in many exciting ways.

decorative image for The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs article

The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs

Written by: Chad Deitchley

Let me introduce myself as your ApartmentHomeLiving Local Expert for Portland, Oregon. I’m Chad, and I can attest firsthand to the vibrant and funky nature of this one-of-a-kind city.

decorative image for Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland article

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland

Written by: Chad Deitchley

Hello! My name is Chad, and I joined the ApartmentHomeLiving.com team as a Local Expert after living in Portland, Oregon, for more than 20 years. I have a deep love for this charming and vibrant city.

decorative image for A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent

Written by: Chad Deitchley

As your ApartmentHomeLiving.com Local Expert for Portland, Oregon, I’d like to briefly introduce myself. My name is Chad, and I come to the ApartmentHomeLiving.com team after living in Portland for decades.

Articles, How-To's, and Tips

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.