Happy Valley

Hidden Falls Nature Park features a breathtaking waterfall.
Colorful homes are found throughout the city of Happy Valley.
Highway 205 runs through the city of Happy Valley.
Signage welcomes you as you enter Clackamas Business Center.
Homes in Happy Valley enjoy large lots and green spaces.

Happy Valley, OR Area Guide

Avg Rent

$1,628

Population

23,711

Renter Mix

19% Rent

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.

Explore the City

Highway 205 runs through the city of Happy Valley.

Signage welcomes you as you enter Clackamas Business Center.

Homes in Happy Valley enjoy large lots and green spaces.

Residents of Happy Valley enjoy boating on the Clackamas River.

Residents enjoy a paved walking path in Hidden Falls Nature Park.

Residents can choose from many ethnic food options at the Happy Valley Food Carts.

Demographics

Median Household Income

$132,573

Average: $156,734

Education

8,505

Residents Have a Degree

Job Market

12,224

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

41 Years

Largest Age Group

40-49 Years

Approximately 15% of Residents

Under 20

26%

Over 65

16%

Housing Distribution

Happy Valley has more homeowners than renters.

Renters
19%
Non-Renters
81%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
32%
Other Education
68%

Rent Trends

As of May 2026, the average apartment rent in Happy Valley, OR is $1,489 for a studio, $1,607 for one bedroom, $1,991 for two bedrooms, and $2,356 for three bedrooms. Apartment rent in Happy Valley has decreased by -3.3% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,607/month
704 Sq Ft
House
$2,994/month
1,988 Sq Ft
See Rental Market Trends in Happy Valley, OR

Getting Around

Somewhat Walkable

Walkability

30 / 100

Very Drivable

Drivability

80 / 100

Somewhat Bikeable

Bikeability

30 / 100

Schools

Scouters Mountain Elementary

Public

Grades K-5

546 Students

Verne A Duncan Elementary School

Public

Grades K-5

407 Students

Happy Valley Elementary School

Public

Grades K-5

489 Students

Spring Mountain Elementary School

Public

Grades K-5

369 Students

Mount Scott Elementary School

Public

Grades K-5

391 Students

Happy Valley Middle School

Public

Grades 6-8

1,021 Students

Clackamas Middle College

Public

Grades 9-12

270 Students

Adrienne C. Nelson High School

Public

Grades 9-12

1,382 Students

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.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.