
Cheap Homes for Rent in Happy Valley, OR from $1,400 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Happy Valley.


6702 SE 80th Ave

8327 SE Lambert St

12282 SE 104th Ct

8120 SE Bybee Blvd
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

How much does it cost to rent a home in Happy Valley?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Happy Valley 2 Bedroom Homes for Rent | $1,711 | $1,495 | $2,100 |
Happy Valley 3 Bedroom Homes for Rent | $2,957 | $2,095 | $4,995 |
Happy Valley 4 Bedroom Homes for Rent | $3,467 | $2,295 | $5,595 |
Happy Valley 5 Bedroom Homes for Rent | $3,675 | $3,675 | $3,675 |
Happy Valley 7 Bedroom Homes for Rent | $5,500 | $5,500 | $5,500 |
Browse Top Homes for Rent in Happy Valley
Explore Happy Valley
Happy Valley, OR Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Acadia Gardens | Studio | Studio,1BA | $1,035 |
89th Ave. Apartments | Small Studio | Studio,1BA | $1,099 |
Avana at Happy Valley | Studio One Bath (424 SF) | Studio,1BA | $1,199 |
Best Value Apartments for Rent in Happy Valley, OR
As of April 16, 2025 the best value apartment in the Happy Valley area is the $1.70 price per square foot Elm 2x2 Loft Renovated Model at Townhomes with a View in the in the West Mt Scott neighborhood starting from $2,100. The second greatest value Happy Valley apartment is the 2 Bedroom 2 Bathroom Side by Side Model at Creekside Apartments starting at $1,855 with a $1.70 price per square foot in the West Mt Scott neighborhood. Here is today’s list of the best values for Happy Valley apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Townhomes with a View | Elm 2x2 Loft Renovated | 2BR,2BA | $1.70 |
Creekside Apartments | 2 Bedroom 2 Bathroom Side by Side | 2BR,2BA | $1.70 |
Trailside Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $1.47 |
Town Center Heights | Grandview | 2BR,2BA | $1.78 |
Mt Scott Commons | 2 bedroom 2 bath | 2BR,2BA | $1.80 |
Foster Plaza Apartments | 2 Bedroom, 2 Bath | 2BR,2BA | $1.64 |
6205 SE 92nd Ave, Unit A | 6205 SE 92nd Ave | 2BR,2BA | $1.67 |
Sunnyside Park Apartments | 2x1 | 2BR,1BA | $1.68 |
Powellhurst Place | 2 Bedroom | 2BR,1BA | $1.78 |
Easton Ridge | 1x1 | 1BR,1BA | $1.72 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Frequently Asked Questions about Happy Valley
What type of rentals are currently available in Happy Valley?
There are currently 175 Apartments for Rent in Happy Valley, OR with pricing that ranges from $1,135 to $7,089. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Happy Valley ranging from $1,495 to $5,595.
What is the current price range for Rental Homes in Happy Valley?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Happy Valley ranges from $1,495 to $5,595 with an average monthly rent of $3,635.
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.

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.

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.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.