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Happy Valley, OR Condos for Rent

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  • /4

    $1,550 Per Month

    • 3 Beds
    • 1.5 Baths
    • 1,100 Sq Ft
    • 3-Bedroom, 1.5-Bath Apartment in Happy Valley

    12025 SE Stevens Rd Unit 19, Happy Valley, OR 97086

    Located at 12025 SE Stevens Rd in Happy Valley, OR, this three-bedroom, 1.5-bath apartment offers 1,100 square feet of comfortable living space. The layout works well for families or roommates, with enough room to spread out while keeping common areas functional and easy to use.Bedrooms receive natural light, and the full bath plus half bath make busy mornings more manageable. The kitchen

    12025 SE Stevens Rd Unit 19, Happy Valley, OR 97086
  • /23

    $2,795 Per Month

    • 3 Beds
    • 3.5 Baths
    • 1,891 Sq Ft
    • HALF OFF THE FIRST FULL MONTH'S RENT! Discover Spacious Comfort: Elegant 3-Bed, 3.5-Bath Townhous...

    12003 SE High Creek Rd Unit A, Happy Valley, OR 97086

    DISCLAIMER: WE DO NOT ADVERTISE OUR LISTINGS ON CRAIGSLIST OR FACEBOOK MARKETPLACE; IF YOU SEE ONE OF OUR LISTINGS ON THOSE SITES PLEASE FLAG IT AS A FALSE AD. COMMUNICATION ABOUT OUR VACANCIES ARE DONE THROUGH SHOWMOJO VIA TEXT OR EMAIL. SHOWMOJO WILL COMMUNICATE ABOUT OUR VACANCIES AFTER BUSINESS HOURS, ON WEEKENDS AND HOLIDAYS. BUSINESS HOURS ARE MONDAYS FROM 9:30 AM UNTIL 5:00 PM AND TUESDAYS

    12003 SE High Creek Rd Unit A, Happy Valley, OR 97086
  • /16

    $2,070 Per Month

    • 2 Beds
    • 2.5 Baths
    • 1,152 Sq Ft
    • A great condo with 2 bedrooms and 2.5 bathrooms, single car garage in gated community in Happy Va...

    11259 SE Causey Cir, Happy Valley, OR 97086

    A great condo with 2 bedrooms and 2.5 bathrooms, single car garage in a gated community in Happy Valley!Living room with a cozy fireplace, and open kitchen with island on the 2nd floor. There are 2 master bedrooms on 3rd floor with walk-in closet.Super convenience location next to the Shopping Mall, several restaurants and stores. Nearby Clackamas Town Center, Costco and I-205.**

    11259 SE Causey Cir, Happy Valley, OR 97086
  • /35

    $3,395 Per Month

    • 4 Beds
    • 2.5 Baths
    • 2,118 Sq Ft
    • Spacious 4-Bedroom Home in Happy Valley with 2.5 Baths and 2,118 Sq. Ft. of Comfort!

    11896 SE Smith Rock St, Happy Valley, OR 97086

    DISCLAIMER: WE DO NOT ADVERTISE OUR LISTINGS ON CRAIGSLIST OR FACEBOOK MARKETPLACE; IF YOU SEE ONE OF OUR LISTINGS ON THOSE SITES PLEASE FLAG IT AS A FALSE AD. COMMUNICATION ABOUT OUR VACANCIES ARE DONE THROUGH SHOWMOJO VIA TEXT OR EMAIL. SHOWMOJO WILL COMMUNICATE ABOUT OUR VACANCIES AFTER BUSINESS HOURS, ON WEEKENDS AND HOLIDAYS. BUSINESS HOURS ARE MONDAYS FROM 9:30 AM UNTIL 5:00 PM AND TUESDAYS

    11896 SE Smith Rock St, Happy Valley, OR 97086

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 $1,810 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while single-family homes and townhouses 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 $111,800 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 $2,795 per month in Happy Valley, OR, renters typically need to show $8,385 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 20.1, 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 Powellhurst-Gilbert, Lents, Brentwood-Darlington, Centennial and Hazelwood, each with its own character and price range.

Rental Home Trends

Number of Condos for Rent
4
Median Condo Rent
$1,810
Median 1 Bedroom Condo Rent
$1,400
Median 2 Bedroom Condo Rent
$2,070
Median 3 Bedroom Condo Rent
$2,173
How to Rent a Home