Cheap Homes for Rent in Happy Valley, OR from $1,100 (7 Rentals)

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

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Happy Valley, OR Local Guide

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 $942. 5840 SE 89th in the Southeast Portland neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. Here is today’s list of the most affordable Happy Valley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Acadia GardensStudioStudio,1BA$942
5840 SE 89thStudioStudio,1BA$1,050
King Manor in Milwaukie1x11BR,1BA$1,200

Best Value Apartments for Rent in Happy Valley, OR and Nearby

As of July 31, 2025 the best value apartment in the Happy Valley area is the $1.81 price per square foot 2x2d -1005 Model at Twin Creeks in the in the West Mt Scott neighborhood starting from $1,819. The second greatest value Happy Valley apartment is the 2x2 Model at Sunnyside Park Apartments starting at $1,650 with a $1.67 price per square foot in the West Mt Scott 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.
Twin Creeks2x2d -10052BR,2BA$1.81
Sunnyside Park Apartments2x22BR,2BA$1.67
Village at Sunrise2X22BR,2BA$1.81
Mt. Scott Commons2 bedroom 2 bath2BR,2BA$1.80
Oliver Station Apartments2 Bedroom Home2BR,1BA$1.76
6205 SE 92nd Ave, Unit A6205 SE 92nd Ave2BR,2BA$1.55
Good Shepherd VillageTwo-Bedroom2BR,1BA$1.81
Johnson Creek Village Apartments.2X12BR,1BA$1.76
Trailside1 Bedroom 1 Bath1BR,1BA$1.65
Easton Ridge1x11BR,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 176 Apartments for Rent in Happy Valley, OR with pricing that ranges from $1,195 to $5,438. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Happy Valley ranging from $1,195 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 $1,195 to $4,500 with an average monthly rent of $2,619.

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 $1,767 to $5,438, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,875 to $4,500. Four Bedroom Single-Family rentals are also available starting from $2,895 and Four Bedroom Apartments start at $3,495.

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 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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.