Houses for Rent in Happy Valley, OR

1-2 of 2 rentals
Viewing 1-2 of 2 rentals in Happy Valley
What to Know About

Life in Happy Valley & Beyond

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.

Rental Market Trends

Happy Valley, OR

As of May 2025, 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 28.2% ($465) higher than the Oregon average of $1,647 and 17.8% ($319) higher than the U.S. average of $1,793.

Average Rent
$2,112
Monthly ChangeMonth Over Month Change
Decreased14.4% ($354)
Yearly ChangeYear Over Year Change
Decreased26.9% ($778)
Avg. Days on MarketAverage Days on Market
30
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,475 Decreased2.6% ($40) Decreased20.3% ($375)
2 Beds $1,709 Decreased2.7% ($48) Decreased22.3% ($490)
3 Beds $2,552 Decreased1.6% ($41) Decreased13.1% ($386)
Nearby Cities Average Rent Avg. Rent vs. Happy ValleyAverage Rent vs. Happy Valley Avg. Days on MarketAverage Days on Market
Clackamas $2,490 Increased17.9% ($378) 30 days
Gladstone $1,724 Decreased18.4% ($388) 30 days
Gresham $1,567 Decreased25.8% ($545) 28 days
Oregon City $1,735 Decreased17.9% ($377) 34 days
Portland $1,459 Decreased30.9% ($653) 33 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Happy Valley Rental Market FAQs

Explore rental prices, market trends, and availability in Happy Valley, OR.

The average rent in Happy Valley, OR is $2,112 per month.
Houses in Happy Valley typically rent for between $1,033 and $3,318 per month, with an average of $2,112 per month.
In Happy Valley, the average rent for a 1-bedroom house is $1,475 per month, for a 2-bedroom house, $1,709 per month, and a 3-bedroom house is $2,552 per month.
The average rent in Happy Valley is 17.8% ($319) higher than the national average of $1,793 per month.
The average rent in Happy Valley has decreased by 14.4% ($354) in the last month and decreased by 26.9% ($778) over the past year.
The rental market in Happy Valley, OR, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Happy Valley, OR, the average rental stays on the market for approximately 30 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 11 rental properties available in Happy Valley, OR.
Based on the current averages, a household would need an annual income of $68,360 to comfortably afford a 2-bedroom house in Happy Valley.
What's New on the Blog

Explore recent posts across our blog, which is curated for renters, landlords, and industry pros.

List Your Property For Rent

Are You a Rental Professional?

Advertise on RentalSource, Zillow, Realtor.com, and Craigslist Happy Valley to attract quality tenants faster and take your listings to the next level.

Was this page helpful?  HelpfulUnhelpful