Cheap Homes for Rent in Happy Valley, OR from $1,300 (6 Rentals)

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Happy Valley, OR Local Guide

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. 89th Ave. Apartments in the Southeast Portland neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,099. Here is today’s list of the most affordable Happy Valley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Acadia GardensStudioStudio,1BA$942
89th Ave. ApartmentsSmall StudioStudio,1BA$1,099
King Manor in Milwaukie1x11BR,1BA$1,200

Best Value Apartments for Rent in Happy Valley, OR

As of June 11, 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 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.
The Willows3x2.53BR,2.5BA$1.06
Trailside2 Bedroom 2 Bath2BR,2BA$1.47
Fuller StationTwo-Bedroom2BR,2BA$1.58
Township Eastside2x2 Classic2BR,2BA$1.48
Sunnyside Park Apartments2x22BR,2BA$1.67
Eleven Pines2x22BR,2BA$1.52
Mt. Scott Commons2 bedroom 2 bath2BR,2BA$1.80
Fuller Commons2 bed 1 bath2BR,1BA$1.85
Bristol Court Apartments2 Bedroom 1 Bath2BR,1BA$1.73
Easton Ridge1x11BR,1BA$1.79

Quick Rent Budget Calculator

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Frequently Asked Questions about Happy Valley

What type of rentals are currently available in Happy Valley?

There are currently 172 Apartments for Rent in Happy Valley, OR with pricing that ranges from $1,195 to $11,039. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Happy Valley ranging from $1,325 to $4,500.

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 $1,325 to $4,500 with an average monthly rent of $3,016.

How much are larger Three and Four Bedroom Rentals in Happy Valley?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Happy Valley range from $1,917 to $11,039, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,875 to $3,300. Four Bedroom Single-Family rentals are also available starting from $2,895 and Four Bedroom Apartments start at $4,599.

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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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.

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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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.