Cheap Homes for Rent in Happy Valley, OR from $1,400 (5 Rentals)

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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
Avana at Happy ValleyStudio 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Townhomes with a ViewElm 2x2 Loft Renovated2BR,2BA$1.70
Creekside Apartments2 Bedroom 2 Bathroom Side by Side2BR,2BA$1.70
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
6205 SE 92nd Ave, Unit A6205 SE 92nd Ave2BR,2BA$1.67
Sunnyside Park Apartments2x12BR,1BA$1.68
Powellhurst Place2 Bedroom2BR,1BA$1.78
Easton Ridge1x11BR,1BA$1.72

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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.

decorative image for A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

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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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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.