Happy Valley, OR rental market

What is the average rent in Happy Valley, OR?

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Last updated June 28, 2026

Rental market summary

The average rent for all bedrooms and all property types in Happy Valley, OR is $2,699.

Average rent

$2,699

Month-over-month change

+$376

Year-over-year change

-$51

Available rentals

53

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,154 to $8,000.

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Rent frequencies
Rent priceNumber of rental properties
$1,1002
$1,2001
$1,4003
$1,5001
$1,6003
$1,7001
$1,9003
$2,0004
$2,1004
$2,2001
$2,3001
$2,5002
$2,6002
$2,7005
$2,9001
$3,0002
$3,1003
$3,2003
$3,3007
$3,4003
$3,5004
$3,6002
$3,7001
$3,8001
$3,9001
$5,000+1

Average rent price over time

In the last year, rent has decreased by $51 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$2,836$2,790
Feb$2,795$2,550
Mar$2,625$2,695
Apr$2,495$2,495
May$2,200$2,323
Jun$2,699$2,395
Jul$2,750No data
Aug$2,495No data
Sep$2,495No data
Oct$2,695No data
Nov$2,549No data
Dec$2,500No data

Market temperature

The Happy Valley, OR rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Happy Valley, OR is 34% higher than the national average.

Happy Valley, ORvs.

$2,699

$2,021

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Frequently asked questions

1. What is the average rent in Happy Valley, OR?

The average rent in Happy Valley, OR is $2,699.

2. What is the average rent for a studio apartment in Happy Valley, OR?

The average rent for a studio apartment in Happy Valley, OR is $1,200 per month.

3. What is the average rent for a one-bedroom apartment in Happy Valley, OR?

The average rent for a one-bedroom apartment in Happy Valley, OR is $1,673 per month.

4. What is the average rent for a two-bedroom apartment in Happy Valley, OR?

The average rent for a two-bedroom apartment in Happy Valley, OR is $2,126 per month.

5. What is the average rent for a three-bedroom apartment in Happy Valley, OR?

The average rent for a three-bedroom apartment in Happy Valley, OR is $2,795 per month.

6. What is the average rent for a four-bedroom apartment in Happy Valley, OR?

The average rent for a four-bedroom apartment in Happy Valley, OR is $4,950 per month.

7. How much does it cost to rent a house in Happy Valley, OR?

Houses in Happy Valley, OR rent between $1,154 - $8,000 with an average rent of $2,699.

8. How has the rent in Happy Valley, OR changed in the last year?

In the last year, the rent in Happy Valley, OR decreased by $51

9. How much has the rent in Happy Valley, OR increased/decreased in the last month?

In the last month, the rent in Happy Valley, OR increased by $376

10. How many available rentals are there in Happy Valley, OR?

There are currently 53 rentals available in Happy Valley, OR.

11. How do rent prices in Happy Valley, OR compare with the national average?

The average rent in Happy Valley, OR is $2,699 — 33.55% higher the national average of $2,021.

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