Cheap Apartments for Rent in Happy Valley, OR from $600 (12 Rentals)

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Search the lowest-cost Apartments available for rent right now in Happy Valley.

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Town Center Station
Studio to 1 Bedroom Apartments

Town Center Station

8719 SE Monterey AveHappy Valley, OR 97086
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Acadia Gardens
Studio Apartments

Acadia Gardens

8370 SE Causey AveHappy Valley, OR 97086
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Good Shepherd Village
Studio to 3 Bedroom Apartments

Good Shepherd Village

12608 SE Skyshow PlHappy Valley, OR 97086
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Leander Court
2 to 4 Bedroom Apartments

Leander Court

4620 SE 122nd AvePortland, OR 97236
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5840 SE 89th
Studio Apartments

5840 SE 89th

5840 SE 89th AvePortland, OR 97266

Portland’s Best Affordable Neighborhoods

Learn about Portland and the best places to live with original content written by our Portland, OR Local Expert Chad Deitchley

Happy Valley, OR Local Guide

Cheapest Available Happy Valley Apartments for Rent

 

The cheapest available apartment rental in Happy Valley, OR is a Studio unit found at Acadia Gardens in the West Mt Scott neighborhood priced from $1,035. 89th Ave. Apartments in the Southeast Portland neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,099. Here is today’s list of the most affordable Happy Valley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Acadia GardensStudioStudio,1BA$1,035
89th Ave. ApartmentsSmall StudioStudio,1BA$1,099
Woodstock Crossing ApartmentsStudioStudio,1BA$1,100
Avana at Happy ValleyStudio One Bath (424 SF)Studio,1BA$1,199
Easton Ridge1x11BR,1BA$1,235

Best Value Apartments for Rent in Happy Valley, OR

As of April 13, 2025 the best value apartment in the Happy Valley area is the $1.90 price per square foot 3 Bedroom 2 Bathroom Model at Sunnyside Village Apartments in the in the Sunnyside Damascus neighborhood starting from $2,235. The second greatest value Happy Valley apartment is the 2 Bedroom 2 Bath Model at Trailside Apartments starting at $1,575 with a $1.47 price per square foot in the East Portland neighborhood. Here is today’s list of the best values for Happy Valley apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sunnyside Village Apartments3 Bedroom 2 Bathroom3BR,2BA$1.90
Trailside Apartments2 Bedroom 2 Bath2BR,2BA$1.47
Town Center HeightsGrandview2BR,2BA$1.78
Mt Scott Commons2 bedroom 2 bath2BR,2BA$1.80
Foster Plaza Apartments2 Bedroom, 2 Bath2BR,2BA$1.64
Sunnyside Park Apartments2x12BR,1BA$1.68
Fuller Commons2 bed 1 bath2BR,1BA$1.85
Powellhurst Place2 Bedroom2BR,1BA$1.78
Easton Ridge1x11BR,1BA$1.72
Woodstock Crossing ApartmentsStudioStudio ,1BA$1.85

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Happy Valley, OR Rentals by Map

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Getting Around Happy Valley, OR

Walk Score®

51 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

53 / 100

Bikeable

Some bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Happy Valley Apartments

What is the Cheapest Studio apartment in Happy Valley?

Currently the most affordable Cheap Studio Apartment in Happy Valley is at Acadia Gardens listed at $1,035.

How much is rent for a Cheap One Bedroom Happy Valley Apartment?

The lowest price for a Cheap One Bedroom Happy Valley Apartment is $1,235 at Easton Ridge.

What is the lowest price for a Cheap Two Bedroom Happy Valley Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Happy Valley is starting from $1,445 at Village at Sunrise.

What is the most affordable Happy Valley Three Bedroom Apartment?

The best deal on a cheap Happy Valley Three Bedroom Apartment rental is at Crown Court and starts from $2,020.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent

Written by: Chad Deitchley

As your ApartmentHomeLiving.com Local Expert for Portland, Oregon, I’d like to briefly introduce myself. My name is Chad, and I come to the ApartmentHomeLiving.com team after living in Portland for decades.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.