Happy Valley, OR Houses for Rent

/20
$3,000 Per Month
- 3 Beds
- 2.5 Baths
- 1,648 Sq Ft
- House for Rent
14038 SE Summerfield Loop, Happy Valley, OR 97086

Property Id: 1616426 Move into this beautiful, modern home featuring three spacious bedrooms. Enjoy updates such as newly remodeled floors, open-concept living area and a modern kitchen equipped with stainless steel appliances and a waterfall kitchen island. A washer and dryer are also included for your convenience. Relax in your private backyard, all located in a quiet, family-friendly

14038 SE Summerfield Loop, Happy Valley, OR 97086
Explore Happy Valley
/20
$4,500 Per Month
- 3 Beds
- 2.5 Baths
- 1,400 Sq Ft
- House for Rent
12907 SE Ridgecrest Rd, Happy Valley, OR 97086

Property Id: 2347055 Be the first to live in this thoughtfully designed, fully-furnished, three-bedroom, two-and-a-half-bath home offering a flexible layout, bright living spaces, and standout Mount Hood views in a quiet residential setting within walking distance of Happy Valley Park. With a main-level primary suite and multiple bonus living areas, the home works well for a variety of

12907 SE Ridgecrest Rd, Happy Valley, OR 97086
/20
$3,775 Per Month
- 5 Beds
- 3 Baths
- 3,011 Sq Ft
- House for Rent
16969 SE Katmai Ct, Happy Valley, OR 97086

Property Id: 784341 Hard to find 5 bedroom, 3 full bath home boasting with plenty of space for living and work life. Enjoy great amenities like walking trails, dog park, playground & creek nearby. Light/bright, spacious open floorplan w/ high luxurious ceilings. Sleek kitchen w/ quartz countertops, stainless steel newer appliances, & island w/ bar seating. Living room w/ fireplace opens to

16969 SE Katmai Ct, Happy Valley, OR 97086
/20
$3,195 Per Month
- 5 Beds
- 3 Baths
- 2,667 Sq Ft
- House for Rent
15542 SE Thornbridge Dr, Clackamas, OR 97015

With high ceilings and large room sizes, this one-of-a kind home really has room for everyone! Features Include:•5 Bedrooms•3 Full Bathrooms•2667 square feet of living space•Huge Living Room/Dining Room combo•Sun-filled great room with gas fireplace•Open Kitchen with newer stainless appliances and an eating area with slider to back patio•Primary Suite has

15542 SE Thornbridge Dr, Clackamas, OR 97015
/14
$2,699

Total Monthly Price
- 3 Beds
- 2 Baths
- 1,087 Sq Ft
- House for Rent
11737 SE Cheyenne Ln, Happy Valley, OR 97015

Lease duration is flexible. Lease special until September 12th rental rate is $2699 per month for those that apply before September 12th.Apartment can also be furnished $4,599 per month and can be rented for a month at a time for shorter durations as well.Escape to your own private retreat in this beautifully appointed 3-bedroom, 2-bathroom home offering approximately 1087 square

11737 SE Cheyenne Ln, Happy Valley, OR 97015
/25
$3,295 Per Month
- 3 Beds
- 2.5 Baths
- 1,679 Sq Ft
- House for Rent
11776 SE Way, Happy Valley, OR 97086

Welcome to Pleasant Valley Villages in Happy Valley! This charming 3-bedroom, 2.5-bathroom house is located in the desirable Happy Valley area. The home features laminate flooring throughout, stainless steel appliances in the kitchen, and a convenient washer and dryer included. Enjoy the privacy of a fenced-in back yard, perfect for outdoor entertaining. The open concept layout allows for easy

11776 SE Way, Happy Valley, OR 97086
/35
$2,495 Per Month
- 3 Beds
- 2.5 Baths
- 1,547 Sq Ft
- House for Rent
17108 SE Crossroads Ave, Happy Valley, OR 97086

Explore your future home! Call us at to schedule a self-guided tour today!Ready to make this your new address? Apply online now at . Visit our Properties for Rent Tab for details on rental criteria for residency, the screening process, and more!Welcome to Evergreen Property Management! Our team is here to ensure your comfort and convenience around the clock with our

17108 SE Crossroads Ave, Happy Valley, OR 97086
/12
$2,795 Per Month
- 3 Beds
- 4 Baths
- 1,891 Sq Ft
- House for Rent
12023 SE High Creek Rd, Happy Valley, OR 97086

Beautiful 1,891 square foot end-unit townhome offers a roomy 3-bedroom, 3.5-bath with an attached garage and in-unit washer and dryer. Built in 2023, this like-new townhome pairs modern finishes with a bright, move-in-ready layout. With air conditioning, an attached garage, and in-unit laundry, this home is available now!Set in a quiet Happy Valley neighborhood in the sought-after North

12023 SE High Creek Rd, Happy Valley, OR 97086
/36
$1,495 Per Month
- 1 Bed
- 1 Bath
- 587 Sq Ft
- House for Rent
11276 SE Causey Cir, Happy Valley, OR 97086

**FIRST MONTH RENT FREE WITH 12 MONTH LEASE SIGNING**Spacious Ground-Floor Condo in Gated Causey Village | Private Patio, Pool & Resort-Style AmenitiesWelcome home to this beautifully refreshed 1-bedroom, 1-bath ground-floor corner condo in the highly desirable Causey Village gated community. Offering an open-concept floor plan, abundant natural light, and a spacious private patio,

11276 SE Causey Cir, Happy Valley, OR 97086
/23
$3,295 Per Month
- 3 Beds
- 2.5 Baths
- 1,814 Sq Ft
- House for Rent
17124 SE Crossroads Ave, 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

17124 SE Crossroads Ave, Happy Valley, OR 97086
/26
$3,899 Per Month
- 4 Beds
- 3 Baths
- 2,400 Sq Ft
- House for Rent
11774 SE Lincoln Heights St, Happy Valley, OR 97086

Love Where You Live. Apply Today, Tour Tomorrow.Perched in the scenic Lincoln Heights neighborhood of Happy Valley, this home offers peaceful residential living with panoramic hillside views and easy access to it all. Enjoy morning jogs at Happy Valley Park or Mt. Scott Nature Park, grab coffee at local cafes, and commute with ease via I-205 and nearby major employers. Top-rated schools

11774 SE Lincoln Heights St, Happy Valley, OR 97086
/20
$2,195 Per Month
- 2 Beds
- 2 Baths
- 1,152 Sq Ft
- House for Rent
10104 SE Bristol Loop, Happy Valley, OR 97086

Gated Community ! Beautifully maintained, bright, flexible & open floor plan. Vaulted ceiling in living room. Kitchen features all Stainless Steel appliances, refrigerator is side by side, gas stove top, built in microwave. Granite countertops with plenty of cabinet space, rich hardwood floors. Spacious living room with gas fireplace. French doors to private deck. Enjoy the sunset & city lights

10104 SE Bristol Loop, Happy Valley, OR 97086

Oregon Clackamas County

Frequently Asked Questions

How much does it cost to rent a single-family home in Happy Valley, OR?

The median rent for a single-family home in Happy Valley, OR is $3,195 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while 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 $121,880 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 $3,047 per month in Happy Valley, OR, renters typically need to show $9,141 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 18.5, 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 single-family 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 single-family home include Pleasant Valley, Lents, Powellhurst-Gilbert, Southwest Gresham and Brentwood-Darlington, each with its own character and price range.

Rental Home Trends in Happy Valley, OR

There are currently 12 single-family homes available for rent in Happy Valley, OR. The median rent is $3,195 per month, with 3-bedroom houses renting at $3,048, 4-bedroom houses at $3,600 and 5-bedroom houses at $3,775.

Rental Home Trends

Number of Houses for Rent 12	Median Single Family Home Rent $3,195
Median 3 Bedroom Single Family Home Rent $3,048	Median 4 Bedroom Single Family Home Rent $3,600
Median 5 Bedroom Single Family Home Rent $3,775

How to Rent a Home

Houses for Rent by Price in Happy Valley

Happy Valley Houses for Rent under $3,000

Rentals in Happy Valley

Houses for Rent by Bedrooms in Happy Valley

More About Living in Happy Valley

Houses for Rent in Nearby Neighborhoods

Houses for Rent in Nearby Cities

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage