$2,000
Total Monthly Price
- 2 Beds
- 1 Bath
- 675 Sq Ft
- Condo for Rent
12602 SE 110th Ct Unit 12602, Damascus, OR 97015
Frequently Asked Questions
How much does it cost to rent a condo in Happy Valley, OR?
The median rent for a condo in Happy Valley, OR is $1,275 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Happy Valley, OR?
To comfortably afford the median rent in Happy Valley, OR, a household needs to earn roughly $107,880 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,697 per month in Happy Valley, OR, renters typically need to show $8,091 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Happy Valley, OR?
In Happy Valley, OR, the price-to-rent ratio is 20.8, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Happy Valley, OR are best for renting a condo?
The best neighborhood for renting in Happy Valley, OR depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Lents, Brentwood-Darlington, Powellhurst-Gilbert, Centennial and Hazelwood, each with its own character and price range.
