Cheap Apartments for Rent in Happy Valley, OR from $700 (87 Rentals)

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Search the lowest-cost Apartments available for rent right now in Happy Valley.

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Avana at Happy Valley
$1,063 - $2,981
Total Monthly Price

Total Monthly Price

Base Rent
$1,063 - $2,981
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Avana at Happy Valley

8800 SE Causey LoopHappy Valley, OR 97086
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property at 9950 SE Talbert St

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300

1 Bedroom, 1 Bath Condo for Rent

Available Now

9950 SE Talbert St, Unit 9950 SE Talbert

9950 SE Talbert St
Happy ValleyOR97015

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
$1,686 - $3,175
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$1,686 - $3,175
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1 to 3 Bedroom Apartments Available Now

The Elwood

13702 SE 162nd AveHappy Valley, OR 97015
Corporate Housing
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Town Center Station
Studio to 1 Bedroom Apartments

Town Center Station

8719 SE Monterey AveHappy Valley, OR 97086
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Acadia Gardens
Studio to 2 Bedroom Apartments

Acadia Gardens

8370 SE Causey AveHappy Valley, OR 97086
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Fuller Station
1 to 3 Bedroom Apartments

Fuller Station

9730 SE Fuller RdHappy Valley, OR 97086

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Latitude
1 to 3 Bedroom Apartments

Latitude

11282 SE Causey CirHappy Valley, OR 97086
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Lake Crest Apartments
Rent Specials
$1,271 - $1,868
Total Monthly Price

Total Monthly Price

Base Rent
$1,271 - $1,868
Total Monthly Price
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Studio to 3 Bedroom Apartments Available Now

Lake Crest Apartments

8106 SE Lake RdMilwaukie, OR 97267
Pet Friendly
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  • Low Income

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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Eleven Pines
$1,525 - $2,099
Total Monthly Price

Total Monthly Price

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$1,525 - $2,099
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1 to 3 Bedroom Apartments Available Now

Eleven Pines

4777 SW 11th StGresham, OR 97080
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Heirloom
$1,531 - $2,534
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Total Monthly Price

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$1,531 - $2,534
Total Monthly Price
$1,531 - $2,534
1 to 3 Bedroom Apartments Available Now

Heirloom

7900 SE Luther RdPortland, OR 97206
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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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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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Showing Results 1-50, Page 1 of 2

Happy Valley, OR Local Guide

Cheapest Available Happy Valley Apartments for Rent

 

The cheapest available apartment rental in Happy Valley, OR is a 1 Bed unit found at Avana at Happy Valley in the West Mt Scott neighborhood priced from $1,063. Bellrose Station in the Southeast Portland neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,180. Here is today’s list of the most affordable Happy Valley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Avana at Happy ValleyOne Bedroom One Bath (581 SF)1BR,1BA$1,063
Bellrose Station2x12BR,1BA$1,180
Woody Guthrie Place1X11BR,1BA$1,195
Oliver Station Apartments1 Bedroom Home1BR,1BA$1,250
Lake Crest ApartmentsStudioStudio,1BA$1,271
Easton Ridge1x11BR,1BA$1,283
Stone RidgeE - Efficiency 1 bed 1 bath1BR,1BA$1,325
King Manor in Milwaukie1x11BR,1BA$1,350
Township Eastside2x2 Classic2BR,2BA$1,355
The Buckley at LentsStudioStudio,1BA$1,375

Best Value Apartments for Rent in Happy Valley, OR

As of July 29, 2026 the best value apartment in the Happy Valley area is the $1.28 price per square foot 2/2 Model at Rosewood Station in the in the West Mt Scott neighborhood starting from $1,506. The second greatest value Happy Valley apartment is the 2 Bedroom 2 Bath Model at Trailside starting at $1,575 with a $1.47 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Rosewood Station2/22BR,2BA$1.28
Trailside2 Bedroom 2 Bath2BR,2BA$1.47
Fuller StationTwo-Bedroom2BR,2BA$1.64
Township Eastside2x2 Classic2BR,2BA$1.36
Eleven Pines2x2 Renovated2BR,2BA$1.65
Mt. Scott Commons2 bedroom 2 bath2BR,2BA$1.77
Oliver Station Apartments2 Bedroom Home2BR,1BA$1.57
Acadia GardensTwo Bedroom2BR,2BA$1.77
Sunnyside Park Apartments2x12BR,1BA$1.68
Bellrose Station2x12BR,1BA$1.46

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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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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

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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 Lake Crest Apartments listed at $1,271.

How much is rent for a Cheap One Bedroom Happy Valley Apartment?

The lowest price for a Cheap One Bedroom Happy Valley Apartment is $1,063 at Avana at Happy Valley.

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 $1,180 at Bellrose Station.

What is the most affordable Happy Valley Three Bedroom Apartment?

The best deal on a cheap Happy Valley Three Bedroom Apartment rental is at Good Shepherd Village and starts from $1,822.

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.

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