Happy Valley

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Happy Valley, OR Area Guide

Welcome to the happiest valley in northwest Oregon

Suburban Commuter Convenient Family-Friendly Hiking Park-Like

Nestled just 10 miles southeast of Portland, Happy Valley is the perfect suburb for commuters and families. With a central location, park-like atmosphere, and family-friendly community, renters in Happy Valley couldn’t be much happier! Scouters Mountain Nature Park, Hidden Falls Nature Park, Happy Valley Park, and Mount Talbert Nature Park are just a few of the scenic green spaces available to residents. Hiking trails, sweeping views, and summer concerts are commonplace in this active community. Apartments and houses in the area range from affordable to upscale, so there’s something for every renter in Happy Valley. Although this suburb is mainly residential, residents spend most of their free time exploring the great outdoors or traveling to nearby Portland for dining, shopping, and entertainment options.

Rent Trends

As of March 2026, the average apartment rent in Happy Valley, OR is $1,488 for a studio, $1,639 for one bedroom, $2,005 for two bedrooms, and $2,354 for three bedrooms. Apartment rent in Happy Valley has decreased by -2.4% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,639/month
704 Sq Ft
House
$3,015/month
1,916 Sq Ft
See Rental Market Trends in Happy Valley, OR

Getting Around

Explore how walkable, bikeable, drivable, and transit-friendly Happy Valley, OR is for everyday living.

Somewhat Walkable

52 / 100

You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.

Minimal Transit

1 / 100

You'll likely want a car when living in this area since it has few transit options.

Bikeable

53 / 100

While there’s some bike infrastructure in this area, you’ll still need a car for many errands.

Schools

Happy Valley Middle School

Public

Grades 6-8

Clackamas Middle College

Public

Grades 9-12

Points of Interest

Top Apartments in Happy Valley

Houses for Rent in Happy Valley

Search Nearby Rentals

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.