2-Bedroom Apartment Rent in Happy Valley, OR
Median asking rent for a 2-bedroom apartment in Happy Valley, Oregon as of July 2026. That's +8% higher than the citywide median of $1,833 and +20% above the national 2-bedroom median of $1,655.
Income needed for a 2-bedroom in Happy Valley
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 2-bedroom at the current median rent.
Rent by apartment size in Happy Valley
Compare Happy Valley's median rent across every apartment size.
Cheapest cities for a 2-bedroom in Oregon
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Coos Bay | $1,100 |
| 2 | La Grande | $1,100 |
| 3 | Klamath Falls | $1,120 |
| 4 | Pendleton | $1,120 |
| 5 | Seaside | $1,153 |
| 6 | Hermiston | $1,190 |
| 7 | Prineville | $1,250 |
| 8 | Sutherlin | $1,260 |
| 9 | Roseburg | $1,270 |
| 10 | Cottage Grove | $1,330 |
| 11 | Newport | $1,330 |
| 12 | Stayton | $1,340 |
| 13 | Sweet Home | $1,360 |
| 14 | Astoria | $1,370 |
| 15 | Grants Pass | $1,385 |
Most expensive cities for a 2-bedroom in Oregon
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Sherwood | $2,520 |
| 2 | Lake Oswego | $2,455 |
| 3 | West Linn | $2,380 |
| 4 | Hillsboro | $2,165 |
| 5 | Wilsonville | $2,150 |
| 6 | Clackamas | $2,100 |
| 7 | Beaverton | $2,100 |
| 8 | Tualatin | $2,090 |
| 9 | West Slope | $2,060 |
| 10 | Gladstone | $2,060 |
| 11 | Portland | $2,039 |
| 12 | Scappoose | $2,030 |
| 13 | Oregon City | $2,010 |
| 14 | Happy Valley (this page) | $1,980 |
| 15 | Tigard | $1,965 |
Nearby cities — 2-bedroom rent
Considering nearby alternatives? 5 of these cities have cheaper 2-bedroom rents than Happy Valley.
| City | Distance | 2-Bedroom rent | vs Happy Valley |
|---|---|---|---|
| Clackamas, OR | 2.3 mi | $2,100 | +$120 (+6%) |
| Gladstone, OR | 6.1 mi | $2,060 | +$80 (+4%) |
| Milwaukie, OR | 6.2 mi | $1,880 | $-100 (-5%) |
| Oregon City, OR | 8.6 mi | $2,010 | +$30 (+2%) |
| Gresham, OR | 8.7 mi | $1,925 | $-55 (-3%) |
| Fairview, OR | 9.2 mi | $1,880 | $-100 (-5%) |
| Portland, OR | 9.4 mi | $2,039 | +$59 (+3%) |
| Wood Village, OR | 9.9 mi | $1,431 | $-549 (-28%) |
| West Linn, OR | 11.6 mi | $2,380 | +$400 (+20%) |
| Lake Oswego, OR | 12.4 mi | $2,455 | +$475 (+24%) |
| Raleigh Hills, OR | 15.5 mi | $1,776 | $-204 (-10%) |
| Vancouver, WA | 16 mi | $1,993 | +$13 (+1%) |
2-Bedroom rent in Happy Valley — common questions
How much is a 2-bedroom apartment in Happy Valley?
As of July 2026, the median 2-bedroom apartment rent in Happy Valley, Oregon is $1,980 per month. This is +8% higher than the citywide median of $1,833.
What income do you need to afford a 2-bedroom in Happy Valley?
Using the standard 30% rent-to-income rule, you would need an annual income of about $79,200 ($6,600/month gross), which works out to roughly $38.08/hour at a full-time job.
Is Happy Valley expensive for a 2-bedroom compared to the rest of the US?
Happy Valley's 2-bedroom median of $1,980 is +20% above the national 2-bedroom median of $1,655. It ranks in the 67th percentile of US cities tracked.
How does Happy Valley rank for 2-bedroom rent in Oregon?
Among the 65 cities in Oregon with 2-bedroom data, Happy Valley ranks #52 from cheapest to most expensive.
Are there cheaper 2-bedroom options near Happy Valley?
Yes — nearby cities with cheaper 2-bedroom rents include Milwaukie ($1,880), Gresham ($1,925), Fairview ($1,880).