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Newest Homes for Rent in Happy Valley, OR

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  • /52

    Starting at $1,485 Per Month

    • Studio - 3 Beds

    11430 SE Stevens Rd, Happy Valley, OR 97086

    Enjoy a secluded, suburban setting with the vibe of an urban lifestyle. Stevens Creek offers brand new well-crafted studios, one, two, and three-bedroom apartments with modern interior finishes and top-notch amenities. Minutes away, enjoy a variety of food choices at the Happy Valley Station Food Carts, relax with friends at the Valley Growler Tap House, and frequent the Farmer’s market for

    Stevens Creek Apartments

    (503) 974-0667

    11430 SE Stevens Rd, Happy Valley, OR 97086
  • /49

    Starting at $1,193

    Total Monthly Price

    • Studio - 2 Beds

    8800 SE Causey Loop, Happy Valley, OR 97086

    Conveniently located in the heart of Clackamas County, Avana at Happy Valley apartments are across the street from Clackamas Town Center and within walking distance to the MAX Line, dining and entertainment. These stylish apartments for rent in Happy Valley, OR are a world away from the ordinary, featuring studio, one- and two- bedroom floor plans with exciting new interior upgrades including hip

    Avana at Happy Valley

    (971) 340-2315

    8800 SE Causey Loop, Happy Valley, OR 97086
  • /37

    Starting at $1,510 Per Month

    • 1 - 3 Beds

    11480-11510 Se Sunnyside Rd, Clackamas, OR 97015

    (function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({'gtm.start':new Date().getTime(),event:'gtm.js'});var f=d.getElementsByTagName(s)[0],j=d.createElement(s),dl=l!='dataLayer'?'&l='+l:'';j.async=true;j.src=';f.parentNode.insertBefore(j,f);})(window,document,'script','dataLayer','GTM-MPW2STKL');We don't just rent apartments. From the moment you walk

    Twin Creeks

    (503) 242-4250

    11480-11510 Se Sunnyside Rd, Clackamas, OR 97015
  • /50

    Starting at $1,640 Per Month

    • Studio - 3 Beds

    13432 SE 169th Ave, Happy Valley, OR 97015

    Find your new home, now! Discover our Happy Valley apartments at Heather Lodge near Portland, Oregon. This vibrant community in the Rock Creek neighborhood is close to delicious restaurants and all your favorite stores. Brimming with attractive amenities, modern interiors, and relaxing leisure areas, our Happy Valley apartments will make you feel like you belong. Take a closer look at everything

    Heather Lodge Apartments

    (971) 233-4286

    13432 SE 169th Ave, Happy Valley, OR 97015
  • /54

    Starting at $1,440 Per Month

    • 1 - 2 Beds

    11299 SE Stevens Rd, Happy Valley, OR 97086

    A Beautiful Place to Live!Inspired by the grace and natural beauty of the mountainside, Mt. Scott Commons is a great place to live. Our spacious apartment homes offer spectacular views of the mountain, trees and lush landscaping. You can also walk to Eagles Landing Golf course. If you are looking for apartment homes that are unlike any other, you will find them at Mt. Scott

    Mt. Scott Commons

    (888) 887-3516

    11299 SE Stevens Rd, Happy Valley, OR 97086
  • /29

    Starting at $1,599 Per Month

    • 2 Beds

    8366 SE Causey Ave, Happy Valley, OR 97086

    Our newly renovated modern two-bedroom, one-bathroom apartments have a subtle style that won't overwhelm your personal decor. Featuring an open flow between the kitchen, dining room, and living room, these brand-new spaces include high-demand add-ons and upgraded fixtures to elevate the look of your entire space. Settle into our brand-new apartments and experience the lush suburb and charm of

    The Lark

    (971) 252-7667

    8366 SE Causey Ave, Happy Valley, OR 97086
  • /40

    Starting at $1,720 Per Month

    • 1 - 2 Beds

    11386 SE Pleasant Valley Pkwy, Happy Valley, OR 97086

    Bloom Where You Live At Scouter's Mountain With Look and Lease Waived Deposit* PLUS Our Resident Referral Program! It Pays to Have Friends! Ask Your Leasing Team Today! *On Approved Credit.Discover Scouter's Mountain, a new home with an adventure-ready spirit. Nestled among untouched woods, Scouter's Mountain embraces the essence of an outdoor escape. Think classic summer camp vibes—where every

    Scouter's Mountain

    (971) 231-1469

    11386 SE Pleasant Valley Pkwy, Happy Valley, OR 97086
  • /35

    Starting at $1,875 Per Month

    • 2 Beds

    11545 SE Stevens Rd, Happy Valley, OR 97086

    Discover a charming place to call home in beautiful Happy Valley, Oregon. Located just east of I-205, our picturesque location puts you within reach of all both needed conveniences and indulgences. Enjoy a short commute to Kaiser Sunnyside Medical Center, go for a hike at nearby Mt. Talbert Nature Park, and shop for your home and wardrobe at Clackamas Town Center. When you’re done, return home to

    Town Center Heights Apartments

    (503) 406-4180

    11545 SE Stevens Rd, Happy Valley, OR 97086
  • /20

    Starting at $922 Per Month

    • 1 - 3 Beds

    8810 SE Otty Rd, Happy Valley, OR 97086

    Rosewood Station in Happy Valley, Oregon offers thoughtfully designed one, two, and three bedroom apartment homes in a welcoming community. Each home features a fully equipped kitchen, washer/dryer connections, generous closet space, and a private patio or balcony. Whether you're preparing meals, relaxing after a long day, or enjoying the outdoors, Rosewood Station is designed to support

    Rosewood Station

    (503) 517-8486

    8810 SE Otty Rd, Happy Valley, OR 97086
  • /35

    Starting at $1,613

    Total Monthly Price

    • 1 - 3 Beds

    13702 SE 162nd Ave, Happy Valley, OR 97015

    The Elwood is a collection of one, two, and three bedroom apartment homes located in Happy Valley, OR. Our apartment homes feature air conditioning, quartz countertops, designer kitchen cabinetry, stainless steel appliances, full-size washer and dryer, and a balcony with panoramic views. Located just two blocks from our community is a New Seasons grocer, local brewpubs, spas, retail shopping,

    The Elwood

    (503) 406-3252

    13702 SE 162nd Ave, Happy Valley, OR 97015
  • /50

    Starting at $1,495 Per Month

    • 1 - 3 Beds

    13071 SE 169th Ave, Happy Valley, OR 97086

    Rock Creek Ridge Apartments offers newly constructed, luxury apartment homes located next to the Fred Meyer Shopping Plaza. After a long day at work, it’s great to unwind in the 24-hour fitness center, swim a few laps in the seasonal pool, or take a relaxing soak in the year-round spa. Easy access to schools, highways, and public transit. The community features a clubhouse with wi-fi, package

    Rock Creek Ridge

    (971) 274-5595

    13071 SE 169th Ave, Happy Valley, OR 97086
  • /26

    Starting at $1,650 Per Month

    • 1 - 3 Beds

    14712 SE Misty Dr, Happy Valley, OR 97086

    Thank you for your interest in Sunridge Terrace Apartments. We offer quality 1, 2, and 3-bedroom apartment homes nestled in beautiful Happy Valley, Oregon. We take pride in our apartment homes, the community and our customer service. Call or drop-in to tour our homes and our beautifully landscaped grounds. We look forward to making Sunridge Terrace your new place to call home. Our

    Sunridge Terrace

    (503) 512-6888

    14712 SE Misty Dr, Happy Valley, OR 97086
  • /50

    Starting at $1,605 Per Month

    • 1 - 3 Beds

    14798 SE Parklane Dr, Happy Valley, OR 97015

    Welcome to Sonder Fields,your dream community where comfort, leisure, and entertainment are designedwith your lifestyle in mind. With a prime location and top-tier amenities, ournew apartments for rent in Happy Valley, OR, have everything you need to feel right athome. We're pet friendly too!Located near SE 172nd Ave and Clackamas Hwy, you're a stone's throw away from the top

    Sonder Fields Apartments

    (503) 406-6262

    14798 SE Parklane Dr, Happy Valley, OR 97015
  • /20

    Starting at $1,200 Per Month

    • Studio - 3 Beds

    12608 SE Skyshow Place, Happy Valley, OR 97086

    Good Shepherd Village offers affordable a variety of apartment homes in Happy Valley, OR. Our community enjoys a large community room as well as a smaller room for quiet reflection and activities, play areas, protected pathways for bike rides, garden beds, an outdoor kitchen and cooking area, and more. With public transit, grocery stores, multiple parks, and healthcare nearby, Good Village

    Good Shepherd Village

    (971) 233-2855

    12608 SE Skyshow Place, Happy Valley, OR 97086
  • /27

    $2,695 Per Month

    • 3 Beds
    • 2 Baths
    • 1,411 Sq Ft
    • House for Rent

    14046 SE Summerfield Loop, Happy Valley, OR 97086

    APPLY NOW: SE Summerfield LoopWelcome to this spacious single-level home tucked into the heart of Happy Valley, offering vaulted ceilings, an open layout, and comfortable indoor/outdoor living in a quiet, family-friendly neighborhood.The heart of the home is the expansive great room featuring soaring vaulted ceilings, abundant natural light, rich flooring, and a striking

    14046 SE Summerfield Loop, Happy Valley, OR 97086
  • /23

    $2,995 Per Month

    • 3 Beds
    • 3.5 Baths
    • 1,891 Sq Ft
    • Townhouse for Rent

    12003 SE High Creek Rd, 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, Happy Valley, OR 97086
  • /23

    $2,995 Per Month

    • 3 Beds
    • 3.5 Baths
    • 1,891 Sq Ft
    • Discover Spacious Comfort: Elegant 3-Bed, 3.5-Bath Townhouse in Happy Valley!

    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
  • /21

    $3,395 Per Month

    • 4 Beds
    • 3.5 Baths
    • 2,794 Sq Ft
    • House for Rent

    13392 SE Autumnwood Ln, Happy Valley, OR 97086

    Luxury Home with Panoramic Valley Views — Move In Ready13392 SE Autumnwood Ln, Happy Valley, OR 97086 Monthly Rent: $3,995. This 2794 square foot single family home has 4 bedrooms and 3.5 bathrooms.Experience elevated living in this beautifully designed three level home perched above Happy Valley. With sweeping views, generous living spaces, and refined finishes throughout, this

    13392 SE Autumnwood Ln, Happy Valley, OR 97086
  • /20

    $3,400 Per Month

    • 4 Beds
    • 2.5 Baths
    • 2,172 Sq Ft
    • House for Rent

    11779 SE White Tail Dr, Happy Valley, OR 97086

    Property Id: 2530895Well-maintained single-family home with million-dollar views, located right next to Eagles Landing Golf Course and scenic local parks in Happy Valley.Enjoy resort-style living just 5 minutes from I-205, Clackamas Town Center, Costco, and dozens of restaurants and shopping options. Your HOA takes care of all lawn mowing and includes a full golf and gym

    (971) 431-7425

    11779 SE White Tail Dr, Happy Valley, OR 97086
  • /47

    $4,595 Per Month

    • 4 Beds
    • 3.5 Baths
    • 3,750 Sq Ft
    • Spacious Happy Valley 4 Bedroom + Office Home with Valley Views, 3-Car Garage & Entertainer’s Bac...

    10248 SE Nicole Loop, Portland, OR 97086

    Welcome to this stunning custom-designed 4-bedroom, 3.5-bathroom Happy Valley home offering approximately 3,750 square feet of beautifully crafted living space in one of the area’s most sought-after neighborhoods. Thoughtfully designed with both everyday comfort and entertaining in mind, this spacious home combines timeless character, scenic valley views, soaring ceilings, and flexible living

    10248 SE Nicole Loop, Portland, OR 97086
  • /20

    $4,385 Per Month

    • 4 Beds
    • 3 Baths
    • 2,700 Sq Ft
    • House for Rent

    11835 SE Valley View Terrace, Happy Valley, OR 97086

    Property Id: 2560032 Beautiful Full Home for Rent in Happy Valley $4,385/monthThis home features 4 bedrooms plus a bonus room, offering flexibility and comfort for a variety of living arrangements. One of the most unique aspects of this property is the additional private-entry living space included as part of the home, designed with the growing trend of multigenerational living in

    (971) 290-1799

    11835 SE Valley View Terrace, Happy Valley, OR 97086
  • /27

    Starting at $1,760 Per Month

    • 1 - 3 Beds

    17134 SE Rock Creek Blvd, Happy Valley, OR 97015

    Welcome to The Heights at Happy Valley, a modern apartment community offering stylish living in one of Happy Valley’s most desirable locations. Featuring thoughtfully designed one-, two-, and three-bedroom apartment homes along with live-work units. Each residence offers open-concept layouts with contemporary finishes such as quartz countertops, spacious closets, and in-home washers and dryers.

    The Heights at Happy Valley

    (971) 233-4611

    17134 SE Rock Creek Blvd, Happy Valley, OR 97015
  • /29

    Starting at $1,880 Per Month

    • 1 - 3 Beds

    13674 SE 145th Ave, Clackamas, OR 97015

    Welcome to Sunnyside Village Apartments in Happy Valley, OR. Our one, two, and three-bedroom apartments for rent in Happy Valley feature private patios/balconies that give you extra storage space, large closets, views of Mt. Hood, and more!We offer several pet-friendly community amenities that are sure to meet your liking. Relax in our peaceful country lifestyle community that offers a pool,

    Sunnyside Village Apartments

    (971) 274-5646

    13674 SE 145th Ave, Clackamas, OR 97015
  • /22

    $1,695 Per Month

    • 2 Beds
    • 1 Bath
    • 675 Sq Ft
    • House for Rent

    12500 SE 110th Ct, Clackamas, OR 97015

    Beautifully renovated condo - Available May 1st -Minutes to Kaiser Medical Hospital, Clackamas Town Center, I-205, and Happy Valley's best shopping & dining. -Borders year round creek & nestled at the base of Mount Talbert Nature Park & Hiking Trails. -Conveniently located to the Portland Airport (PDX), Mt. Hood, The Oregon Coast, and the Clackamas River. -Brand new luxury vinyl plank flooring

    12500 SE 110th Ct, Clackamas, OR 97015
  • /24

    $2,695 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,453 Sq Ft
    • 3 Bedroom House in Happy Valley

    14095 SE Summerfield Loop, Happy Valley, OR 97086

    Welcome to 14095 Southeast Summerfield Loop in Happy Valley, OR — a charming corner-lot home with an open kitchen and a main-floor living room and laundry room. The upstairs features three bedrooms and two full bathrooms, with newer vinyl flooring and Newer interior paint throughout. Additional highlights include a double garage and air conditioning.The property is conveniently located near a

    14095 SE Summerfield Loop, Happy Valley, OR 97086
  • /5

    $1,175 Per Month

    • 2 Beds
    • 1 Bath
    • 873 Sq Ft
    • 1-Bed with Den/Office in Happy Valley – 873 sq ft of Cozy Comfort!

    12025 SE Stevens Rd Unit 3, Happy Valley, OR 97086

    Looking for a place to call home in a convenient Happy Valley spot? This 1-bedroom, 1-bath apartment with Den/Office offers functional living at an affordable rate. First floor. Located near Sunnyside Road, you're just minutes from shopping, parks, and easy transit access. Inside, you'll find a spacious layout with a large living area and two well-sized bedrooms. The unit may be older, but it’s

    12025 SE Stevens Rd Unit 3, Happy Valley, OR 97086
  • /5

    $1,275 Per Month

    • 2 Beds
    • 1 Bath
    • 873 Sq Ft
    • 2-Bed in Happy Valley – Cozy 873 Sq Ft

    12025 SE Stevens Rd Unit 5, Happy Valley, OR 97086

    Looking for a place to call home in a convenient Happy Valley spot? This 2-bedroom, 1-bath apartment offers functional living at an affordable rate. Second floor. Located near Sunnyside Road, you're just minutes from shopping, parks, and easy transit access. Inside, you'll find a spacious layout with a large living area and two well-sized bedrooms. The unit may be older, but it’s clean, quiet,

    12025 SE Stevens Rd Unit 5, Happy Valley, OR 97086
  • /5

    $1,275 Per Month

    • 2 Beds
    • 1 Bath
    • 873 Sq Ft
    • Charming 2-Bed in Happy Valley – 873 Sq Ft

    12025 SE Stevens Rd Unit 68, Happy Valley, OR 97086

    Looking for a place to call home in a convenient Happy Valley spot? This 2-bedroom, 1-bath apartment offers functional living at an affordable rate. First floor. Located near Sunnyside Road, you're just minutes from shopping, parks, and easy transit access. Inside, you'll find a spacious layout with a large living area and two well-sized bedrooms. The unit may be older, but it’s clean, quiet, and

    12025 SE Stevens Rd Unit 68, Happy Valley, OR 97086
  • /45

    $3,700 Per Month

    • 4 Beds
    • 2.5 Baths
    • 2,664 Sq Ft
    • Stunning 4 Bed/2.5 Bath Modern Farmhouse in Scouters Mountain - HV

    15117 SE Baden Powell Rd, Happy Valley, OR 97086

    Step into a realm of open-concept elegance with this masterfully designed 4 bedroom + Den/office & 2.5 bath modern farmhouse, situated in the serene Scouters Mountain area of Happy Valley. Here, luxury living meets spacious comfort.The kitchen stands as the centerpiece of the home, equipped with a chefs fridge, top-notch stainless steel appliances, a gas cooktop, and an extensive walk-in

    15117 SE Baden Powell Rd, Happy Valley, OR 97086
  • /33

    $2,250 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,125 Sq Ft
    • House for Rent

    14194 SE Summerfield Loop, Happy Valley, OR 97086

    MOVE IN SPECIAL **1 month free rent + $500 reduced security deposit with a 660+ credit score + Application fee waived and returned as a rent credit if approved**DESCRIPTION:Welcome to Summerfield Loop Duplexes in Happy Valley! This spacious 3-bedroom, 2.5-bath home features an open layout connecting the living, dining, and kitchen areas—perfect for everyday living or entertaining. The

    14194 SE Summerfield Loop, Happy Valley, OR 97086
  • /50

    Starting at $1,195 Per Month

    • Studio - 2 Beds

    12930 SE 162nd Ave, Happy Valley, OR 97086

    Experience the epitome of upscale living at Christilla Commons in Happy Valley. Our thoughtfully designed residences offer a variety of floor plans, including studios, one- and two-bedroom apartments, some with gas fireplaces and wet bars. Residents enjoy a rooftop deck with stunning views, a ground-floor plaza, secure parking, and modern amenities like quartz counter tops and stainless steel

    Christilla Commons

    (503) 343-9311

    12930 SE 162nd Ave, Happy Valley, OR 97086
  • /50

    Starting at $1,530 Per Month

    • 1 - 3 Beds

    13250 SE 162nd Ave, Happy Valley, OR 97015

    THE BEAUTY OF LIVING AT HAWKS RIDGE... The beauty of living at Hawks Ridge is in having the convenience of a Happy Valley location within a wooded landscape and rolling hills. Well-designed floor plans, an excellent amenity package including a washer and dryer in every apartment, a swimming pool, spa and fitness center, make Hawks Ridge an excellent value. For all the quiet comforts of

    Hawks Ridge Apartments

    (503) 451-6660

    13250 SE 162nd Ave, Happy Valley, OR 97015
  • /10

    $2,000

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 675 Sq Ft
    • Condo for Rent

    12602 SE 110th Ct Unit 12602, Damascus, OR 97015

    12602 SE 110th Ct Unit 12602, Damascus, OR 97015
  • /12

    $2,395 Per Month

    • 2 Beds
    • 1 Bath
    • 842 Sq Ft
    • House for Rent

    12927 SE Ridgecrest Rd, Happy Valley, OR 97086

    Property Id: 2344995Be the first to live in this brand new, single-level, two-bedroom, one-bath single-family home located in the desirable Happy Valley area. Thoughtfully designed with comfort and simplicity in mind, this home offers modern finishes, efficient living, and a peaceful setting within walking distance to Happy Valley Park. The open living area is filled with natural

    (971) 270-5466

    12927 SE Ridgecrest Rd, Happy Valley, OR 97086
  • /17

    Starting at $1,325 Per Month

    • 1 - 3 Beds

    13300 SE Hubbard Rd, Clackamas, OR 97015

    Here at Stone Ridge you may choose from a selection of five different floor plans in which pleasing neutral colors complement a range of decorating tastes, and private patios or decks put you in touch with the beauty of your surroundings. After a long day at work it's great to unwind in the 24 hour fitness center, swim a few laps in the seasonal pool or take a relaxing soak in the year-round spa.

    Stone Ridge

    (844) 727-3381

    13300 SE Hubbard Rd, Clackamas, OR 97015

Frequently Asked Questions

How much does it cost to rent a home in Happy Valley, OR?
The median rent for a home in Happy Valley, OR is $2,795 per month, though prices vary by neighborhood, size, and property type. As of May 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 home?
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 home include Sunnyside, Lents, Pleasant Valley, Southgate and North Clackamas, each with its own character and price range.

Rental Home Trends in Happy Valley, OR

Rental Home Trends

Number of Homes for Rent
35
Median Rent
$2,795
Median Single Family Home Rent
$2,795
Median Townhouse Rent
$2,995
Median Condo Rent
$1,275
How to Rent a Home