
Cheap Homes for Rent in Happy Valley, OR from $1,200 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Happy Valley.


8584 SE 72nd Ave

10812 SE Green Vista Dr

7124 SE Lexington St

8300 SE Flavel St

8782 SE Flavel St

5413 SE 119th Ave

7829 SE Johnson Creek Blvd

11940 SE Schiller St
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 | $1,887 | $1,445 | $2,650 |
Happy Valley 3 Bedroom Homes for Rent | $3,086 | $2,195 | $8,750 |
Happy Valley 4 Bedroom Homes for Rent | $3,358 | $2,949 | $3,700 |
Happy Valley 5 Bedroom Homes for Rent | $4,397 | $3,895 | $4,900 |
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 and Nearby
 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 $952. King Manor in Milwaukie in the West Mt Scott neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,095. 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 | $952 |
King Manor in Milwaukie | Studio | Studio,1BA | $1,095 |
Amanda Courts Apartments | Studio | 1BR,1BA | $1,150 |
Best Value Apartments for Rent in Happy Valley, OR and Nearby
As of September 15, 2025 the best value apartment in the Happy Valley area is the $1.90 price per square foot The Powell Model at Residences at Butler Creek in the in the Gresham Butte neighborhood starting from $2,780. 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. |
---|---|---|---|
Residences at Butler Creek | The Powell | 3BR,2.5BA | $1.90 |
Trailside | 2 Bedroom 2 Bath | 2BR,2BA | $1.47 |
Township Eastside | 2x2 Classic | 2BR,2BA | $1.55 |
Mt. Scott Commons | 2 bedroom 2 bath | 2BR,2BA | $1.80 |
Oliver Station Apartments | 2 Bedroom Home | 2BR,1BA | $1.76 |
Sunnyside Park Apartments | 2x1 | 2BR,1BA | $1.69 |
Good Shepherd Village | Two-Bedroom | 2BR,1BA | $1.81 |
Harmony Court Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.85 |
The Lark | The Roost - 2 Bed 1 Bath | 2BR,1BA | $1.87 |
Easton Ridge | 1x1 | 1BR,1BA | $1.79 |
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Frequently Asked Questions about Happy Valley
What type of rentals are currently available in Happy Valley?
There are currently 180 Apartments for Rent in Happy Valley, OR with pricing that ranges from $895 to $5,438. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Happy Valley ranging from $1,200 to $8,750.
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 $1,200 to $8,750 with an average monthly rent of $3,071.
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.

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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.