
Cheap Apartments for Rent in Happy Valley, OR from $600 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in Happy Valley.

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King Manor in Milwaukie
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Happy Valley, OR Local Guide

How much does it cost to rent an apartment in Happy Valley?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Happy Valley Studio Apartments | $1,537 | $1,195 | $1,960 |
Cheap Happy Valley 1 Bedroom Apartments | $1,817 | $1,200 | $3,841 |
Cheap Happy Valley 2 Bedroom Apartments | $1,991 | $1,399 | $4,635 |
Cheap Happy Valley 3 Bedroom Apartments | $2,690 | $1,767 | $5,438 |
Cheap Happy Valley 4 Bedroom Apartments | $3,495 | $3,495 | $3,495 |
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Happy Valley, OR Local Guide
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Cheapest Available Happy Valley Apartments for Rent
 The cheapest available apartment rental in Happy Valley, OR is a Studio unit found at Acadia Gardens in the West Mt Scott neighborhood priced from $942. 5840 SE 89th in the Southeast Portland neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. Here is today’s list of the most affordable Happy Valley apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Acadia Gardens | Studio | Studio,1BA | $942 |
5840 SE 89th | Studio | Studio,1BA | $1,050 |
King Manor in Milwaukie | 1x1 | 1BR,1BA | $1,200 |
Best Value Apartments for Rent in Happy Valley, OR
As of July 30, 2025 the best value apartment in the Happy Valley area is the $1.81 price per square foot 2x2d -1005 Model at Twin Creeks in the in the West Mt Scott neighborhood starting from $1,819. The second greatest value Happy Valley apartment is the 2x2 Classic Model at Township Eastside starting at $1,470 with a $1.48 price per square foot in the East Portland neighborhood. Here is today’s list of the best values for Happy Valley apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Twin Creeks | 2x2d -1005 | 2BR,2BA | $1.81 |
Township Eastside | 2x2 Classic | 2BR,2BA | $1.48 |
Sunnyside Park Apartments | 2x2 | 2BR,2BA | $1.67 |
Mt. Scott Commons | 2 bedroom 2 bath | 2BR,2BA | $1.80 |
Oliver Station Apartments | 2 Bedroom Home | 2BR,1BA | $1.76 |
6205 SE 92nd Ave, Unit A | 6205 SE 92nd Ave | 2BR,2BA | $1.55 |
Johnson Creek Village Apartments. | 2X1 | 2BR,1BA | $1.76 |
Good Shepherd Village | Two-Bedroom | 2BR,1BA | $1.81 |
Trailside | 1 Bedroom 1 Bath | 1BR,1BA | $1.65 |
Easton Ridge | 1x1 | 1BR,1BA | $1.79 |
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Getting Around Happy Valley, OR
Walk Score®
51 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
53 / 100
Bikeable
Some bike infrastructure
Transit Score®
1 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Happy Valley Apartments
What is the Cheapest Studio apartment in Happy Valley?
Currently the most affordable Cheap Studio Apartment in Happy Valley is at Acadia Gardens listed at $942.
How much is rent for a Cheap One Bedroom Happy Valley Apartment?
The lowest price for a Cheap One Bedroom Happy Valley Apartment is $1,200 at King Manor in Milwaukie.
What is the lowest price for a Cheap Two Bedroom Happy Valley Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Happy Valley is starting from $1,425 at Caldera at Sunnybrook.
What is the most affordable Happy Valley Three Bedroom Apartment?
The best deal on a cheap Happy Valley Three Bedroom Apartment rental is at Fuller Commons and starts from $1,850.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.