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Rent in Happy Valley, OR: Prices & Apartments for Rent

As of October 17, 2026, the median asking rent for a 3+ bedroom in Happy Valley, OR is $3,175/month, based on 30 active listings on Redfin, Zillow and ApartmentHomeLiving.

That is 18% above the Oregon 3+ bedroom median of about $2,695. Nearby, the 3+ bedroom median ranges from $2,400 in Gresham to $4,262 in Lake Oswego.

Updated · 73 listings. Prices are advertised asking rents; check availability on the original listing. How we calculate

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Median rent in Happy Valley

From listings with a single price and a single bedroom count. Fewer than 20 such listings and we leave the figure out.

Studio
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0 listings
1 bedroom
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3 listings
2 bedrooms
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3 listings
3+ bedrooms
$3,175
30 listings

Rentals in Happy Valley

See all 73 on the map →

Renting in Happy Valley: common questions

How many rentals are available in Happy Valley, OR?
73 rentals are listed in Happy Valley, OR on Redfin, Zillow and ApartmentHomeLiving as of October 17, 2026, after removing listings that appear on more than one site.
How are these rent prices calculated?
We collect active listings from Redfin, Zillow and ApartmentHomeLiving, remove duplicates across sites, and take the median of asking rents for listings with one price and one bedroom count. If fewer than 20 listings qualify for a bedroom size, we leave that figure out. Read the full methodology
How much income do I need to rent in Happy Valley, OR?
Many landlords ask for gross income of at least 3 times the monthly rent. For a median 3+ bedroom at $3,175/month, that is about $9,525 a month, or $114,300 a year.
What is the cheapest city near Happy Valley, OR to rent in?
Among nearby cities we track, Gresham, OR has the lowest median 3+ bedroom rent at $2,400/month, $775 less than Happy Valley.

Rent in cities near Happy Valley

All cities in Oregon · Cheapest places to rent in Oregon · Embed this data