8780 SE Flavel St
PortlandOR97266
Cheap Homes for Rent in Happy Valley, OR from $900 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Happy Valley.
9118 SE Flavel St
PortlandOR97266
4632 SE 122nd Ave
PortlandOR97236
12500 SE 110th Ct
ClackamasOR97015
12602 SE 110th Ct, Unit 12602
12602 SE 110th Ct
DamascusOR97015
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
11259 SE Causey Cir
Happy ValleyOR97086
7686 SE Overland St
MilwaukieOR97222
9750 SE Talbert St
ClackamasOR97015
12128 SE 104th Ct
Happy ValleyOR97086
6601 SE 94th Ave
PortlandOR97266
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.
Showing Results 1-10, Page 1 of 1
Happy Valley, OR Local Guide
How much does it cost to rent a home in Happy Valley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Happy Valley 2 Bedroom Homes for Rent | $2,198 | $1,525 | $2,795 |
| Happy Valley 3 Bedroom Homes for Rent | $2,925 | $2,099 | $5,300 |
| Happy Valley 4 Bedroom Homes for Rent | $3,463 | $3,095 | $3,895 |
| Happy Valley 5 Bedroom Homes for Rent | $4,600 | $4,000 | $5,200 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Happy Valley
Explore 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 Rosewood Station in the West Mt Scott neighborhood priced from $922. Avana at Happy Valley in the West Mt Scott neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,177. Here is today’s list of the most affordable Happy Valley apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rosewood Station | 1/1 | 1BR,1BA | $922 |
| Avana at Happy Valley | Studio One Bath (424 SF) | Studio,1BA | $1,177 |
| Bellrose Station | 2x1 | 2BR,1BA | $1,180 |
Best Value Apartments for Rent in Happy Valley, OR
As of June 08, 2026 the best value apartment in the Happy Valley area is the $1.59 price per square foot 2 Bed 2.5 Bath Townhome A Phase II Model at Latitude in the in the West Mt Scott neighborhood starting from $2,055. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Latitude | 2 Bed 2.5 Bath Townhome A Phase II | 2BR,2.5BA | $1.59 |
| Trailside | 2 Bedroom 2 Bath | 2BR,2BA | $1.47 |
| Fuller Station | Two-Bedroom | 2BR,2BA | $1.58 |
| Township Eastside | 2x2 Classic | 2BR,2BA | $1.55 |
| Sunnyside Park Apartments | 2x2 | 2BR,2BA | $1.66 |
| Eleven Pines | 2x2 Renovated | 2BR,2BA | $1.63 |
| Oliver Station Apartments | 2 Bedroom Home | 2BR,1BA | $1.62 |
| Bellrose Station | 2x1 | 2BR,1BA | $1.46 |
| Rosewood Station | 1/1 | 1BR,1BA | $1.16 |
| Johnson Creek Village Apartments. | 1x1 | 1BR,1BA | $1.59 |
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 Article
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.
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 ArticleReal 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.
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.
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Explore Happy Valley, OR Rentals by Map
See the most popular apartments and homes in Happy Valley, OR
Frequently Asked Questions about Happy Valley
What type of rentals are currently available in Happy Valley?
There are currently 188 Apartments for Rent in Happy Valley, OR with pricing that ranges from $922 to $3,624. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Happy Valley ranging from $995 to $5,300.
What is the current price range for Rental Homes in Happy Valley?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Happy Valley ranges from $995 to $5,300 with an average monthly rent of $2,929.
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.
From Arts to Eats: A Local Insiders 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.
Articles, How-To's, and Tips
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.