
Cheap Apartments for Rent in Happy Valley, OR from $600 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in Happy Valley.


Avana at Happy Valley

Good Shepherd Village

Rosewood Station

13020 SE Foster Rd
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Amanda Courts Apartments

King Manor in Milwaukie

9626 SE Foster Rd

Easton Ridge

Powellhurst Place

Stone Ridge
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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 | $1,555 | $1,195 | $2,014 |
| Cheap Happy Valley 1 Bedroom Apartments | $1,630 | $1,100 | $3,109 |
| Cheap Happy Valley 2 Bedroom Apartments | $1,840 | $1,275 | $4,635 |
| Cheap Happy Valley 3 Bedroom Apartments | $2,371 | $1,749 | $5,438 |
Browse Top Apartments in Happy Valley
See all Apartments in Happy ValleyExplore Happy Valley
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 1 Bed unit found at Amanda Courts Apartments in the East Portland neighborhood priced from $1,150. King Manor in Milwaukie in the West Mt Scott neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,200. Here is today’s list of the most affordable Happy Valley apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Amanda Courts Apartments | Studio | 1BR,1BA | $1,150 |
| King Manor in Milwaukie | 1x1 | 1BR,1BA | $1,200 |
| Avana at Happy Valley | One Bedroom One Bath (581 SF) | 1BR,1BA | $1,201 |
| Good Shepherd Village | Studio | Studio,1BA | $1,210 |
| Easton Ridge | 1x1 | 1BR,1BA | $1,283 |
Best Value Apartments for Rent in Happy Valley, OR
As of December 27, 2025 the best value apartment in the Happy Valley area is the $1.06 price per square foot 3x2.5 Model at The Willows in the in the East Portland neighborhood starting from $2,295. The second greatest value Happy Valley apartment is the 3 Bedroom, 2 Bath_1174 Model at Foster Plaza Apartments starting at $1,950 with a $1.66 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. |
|---|---|---|---|
| The Willows | 3x2.5 | 3BR,2.5BA | $1.06 |
| Foster Plaza Apartments | 3 Bedroom, 2 Bath_1174 | 3BR,2BA | $1.66 |
| 11942 SE Lexington St, Unit LexingtonApt | 11942 SE Lexington St | 1BR,1BA | $1.52 |
| Creekside Apartments | 2 Bedroom 2 Bathroom Side by Side | 2BR,2BA | $1.64 |
| Fuller Station | Two-Bedroom | 2BR,2BA | $1.58 |
| Township Eastside | 2x2 Classic | 2BR,2BA | $1.48 |
| 6205 SE 92nd Ave, Unit A | 6205 SE 92nd Ave | 2BR,2BA | $1.50 |
| Sunnyside Park Apartments | 2x1 | 2BR,1BA | $1.62 |
| Trailside | 1 Bedroom 1 Bath | 1BR,1BA | $1.65 |
| Powellhurst Place | 2 Bedroom | 2BR,1BA | $1.58 |
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!
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleA 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
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Happy Valley, OR Rentals by Map
See the most popular apartments and homes in Happy Valley, OR
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 Good Shepherd Village listed at $1,210.
How much is rent for a Cheap One Bedroom Happy Valley Apartment?
The lowest price for a Cheap One Bedroom Happy Valley Apartment is $1,150 at Amanda Courts Apartments.
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 $1,293 at Powellhurst Place.
What is the most affordable Happy Valley Three Bedroom Apartment?
The best deal on a cheap Happy Valley Three Bedroom Apartment rental is at Crown Court and starts from $1,860.
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

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.

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.

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.
Articles, How-To's, and Tips

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!









