Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.
Happy Valley, OR Rental Market Trends
What is the average rent in Happy Valley?
The average rent for an apartment in Happy Valley is $1,667. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Happy Valley, OR
Last updated June 2022
| Average Rent | Average Apartment Size |
|---|---|
| $1,667 | 897 sq. ft. |
What is the average apartment size in Happy Valley?
The average size for a Happy Valley, OR apartment is 897 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Happy Valley, OR Apartment Rent Ranges
Happy Valley, OR Occupied Housing Units
1,441 or 19% of the households in Happy Valley, OR are renter-occupied while 5,788 or 80% are owner-occupied.
Happy Valley, OR Rent Trends
| Average Rent | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Jul / 2021 | Nov / 2021 | Jun / 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
| Happy Valley, OR | $1,379 | $1,442 | $1,429 | $1,409 | $1,416 | $1,458 | $1,459 | $1,573 | $1,681 | $1,667 |
| National | $1,367 | $1,399 | $1,407 | $1,409 | $1,399 | $1,403 | $1,412 | $1,495 | $1,591 | $1,628 |
How Happy Valley Compares to Other Cities
| City | Average Rent |
|---|---|
| Portland | $1,680 |
| Vancouver | $1,585 |
| Eugene | $1,610 |
| Bend | $1,767 |
| Salem | $1,321 |
| Gresham | $1,530 |
| Hillsboro | $1,882 |
| Beaverton | $1,679 |
| Tigard | $1,594 |
| Happy Valley | $1,667 |
| Corvallis | $1,556 |
| Wilsonville | $1,764 |
| Fairview | $1,729 |
| Forest Grove | $1,325 |
| Lake Oswego | $1,932 |
| Oregon City | $1,654 |
| Aloha | $1,721 |
| Bethany | $1,788 |
| Sherwood | $1,829 |
| Washougal | $1,825 |
| Canby | $1,426 |
Most Popular Apartments in Happy Valley
The Elwood
13702 SE 162Nd Avenue, Happy Valley, OR 97015- 1 BED
- 2 BEDS
- 3 BEDS
- $1,729+
- $2,191+
- $2,846+
Townhomes With A View
9840 SE Talbert St, Clackamas, OR 97015- 1 BED
- 2 BEDS
- 3 BEDS
- $1,462+
- $1,835+
- Ask for pricing
Caldera At Sunnybrook
9900 SE Lawnfield Rd, Clackamas, OR 97015- 1 BED
- 2 BEDS
- 3 BEDS
- Ask for pricing
- $1,636+
- Ask for pricing
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Happy Valley apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.