Rental market snapshot for Happy Valley, Oregon

Happy Valley, Oregon Rental Property Market Overview

The average rent for an apartment in Happy Valley is $1,924. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by -9.8% over the past year.

Happy Valley is a suburb of Portland, Oregon, located in Clackamas County, Oregon, United States. The population was 13,903 at the 2010 census. Happy Valley is located in the foothills of the Cascade Range, east of Portland. It is bordered on the north and west by the city of Portland, on the southwest by the unincorporated community of Clackamas, on the southeast by the city of Milwaukie, and on the northeast by the unincorporated community of Damascus.

Last Updated December 23, 2022

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Average monthly rent graph in Happy Valley Oregon | Cost of Living

  • The most expensive ZIP Code in Happy Valley is 97015 with an average price of $2,100
  • The cheapest ZIP Code in Happy Valley is 97015 with an average price of $1,835

Happy Valley ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
197015$2,100

Live near Happy Valley, Oregon's Top Sights and Attractions

Mt Scott Nature Trail Park is a beautiful nature trail that has many different types of scenery. There are tall trees, a river, and a waterfall. The trail is also home to many different types of animals, including deer, squirrels, and birds.

Hood View Park is a beautiful park located in Happy Valley, Oregon. The park features a playground, a picnic area, and a walking trail. The park is also home to a variety of birds and other wildlife.

Happy Valley Park is a beautiful park located in the heart of Happy Valley. The park features a variety of amenities including a playground, picnic areas, a walking trail, and a pond. The park is also home to a variety of wildlife, including ducks, geese, and turtles.

Mount Talbert Nature Park is a beautiful nature park located in Happy Valley, Oregon. The park features stunning views of Mount Hood, a variety of hiking trails, and a variety of wildlife.

Altamont Park is a beautiful park located in Happy Valley, Oregon. The park features a variety of amenities including a playground, picnic areas, a walking trail, and a pond.

Happy Valley Wetland Park is a nature preserve and wetland located in the city of Happy Valley, Oregon. The park is home to a variety of wildlife, including ducks, geese, and other waterfowl. There are also a number of hiking trails and a playground for children.

Scouters Mountain Nature Park is a large nature park located on the outskirts of Happy Valley. The park features hiking trails, a playground, a picnic area, and a large pond.

The park has a playground, a picnic shelter, and a basketball court.

Happy Valley, Oregon area median rent change by ZIP Code map

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How does Happy Valley compare to other cities in Oregon ?

citymedian price
Springfield$1,895
Lebanon$1,595
Lebanon$1,495
Lincoln City$1,250
Grants Pass$1,295
Ashland$1,850
Grants Pass$1,200

Average household income in Happy Valley area graph - US Census

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The median household income in Happy Valley in 2021 was $124,381. This represents a 23.6% change from 2011 when the median was $100,647.

#categorypercent
0Less than $10,0001.5%
1$10,000 to $14,9990.5%
2$15,000 to $19,9990.9%
3$20,000 to $24,9992.4%
4$25,000 to $29,9990.9%
5$30,000 to $34,9993.3%
6$35,000 to $39,9992.4%
7$40,000 to $44,9991.3%
8$45,000 to $49,9991.0%
9$50,000 to $59,9993.0%
10$60,000 to $74,9999.3%
11$75,000 to $99,99912.1%
12$100,000 to $124,99912.1%
13$125,000 to $149,99913.1%
14$150,000 to $199,99913.9%
15$200,000 or more22.3%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
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