Happy Valley shares many of the great qualities that make Oregon a desirable place to live.
Oregon is where stunning landscapes meet majestic mountains. Immerse yourself in the state's rich history and heritage by visiting the Oregon Museum of Science and Industry, the Portland Art Museum, and the Oregon Historical Society. Or further your education at top-ranked universities like the University of Oregon and Oregon State University. Oregon's diverse and growing economy, driven by technology, agriculture, and tourism, offers ample employment opportunities.
The state offers a rich landscape for outdoor enthusiasts, from skiing in the Cascade Mountains and hiking the Columbia River Gorge to exploring the rugged Oregon Coast. Sports fans can also cheer for the Portland Trail Blazers (NBA) or take in a game at Autzen Stadium or Moda Center. Discover famous attractions like the International Rose Test Garden, Powell's City of Books, and the breathtaking Crater Lake National Park. And remember to take in the spectacular views of the Oregon Coast, which stretches for 363 miles along the Pacific Ocean.
With its scenic natural wonders, vibrant culture, and endless opportunities for adventure, Oregon is the perfect place to call home.
As of March 2026, Happy Valley's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Happy Valley's average rent is 24.3% ($389) higher than the Oregon average of $1,602 and 12.5% ($222) higher than the U.S. average of $1,769.
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,476 | 4.6% ($65) | 14% ($240) |
| 2 Beds | $1,900 | 1.3% ($25) | 6.1% ($124) |
| 3 Beds | $3,179 | 10.1% ($292) | 18.5% ($496) |
| Nearby Cities | Average Rent | Avg. Rent vs. Happy ValleyAverage Rent vs. Happy Valley | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Clackamas | $2,524 | 26.8% ($533) | 30 days |
| Damascus | $2,326 | 16.8% ($335) | 31 days |
| Gladstone | $1,606 | 19.3% ($385) | 30 days |
| Gresham | $1,476 | 25.9% ($515) | 28 days |
| Oregon City | $1,668 | 16.2% ($323) | 34 days |
Explore rental prices, market trends, and availability in Happy Valley, OR.
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