3-Bedroom Rent · July 2026

3-Bedroom Apartment Rent in Happy Valley, OR

$2,720/mo

Median asking rent for a 3-bedroom apartment in Happy Valley, Oregon as of July 2026. That's +48% higher than the citywide median of $1,833 and +28% above the national 3-bedroom median of $2,130.

3-Bedroom median
$2,720
July 2026
vs city overall
+48%
$1,833 city median
vs national
+28%
$2,130 US median
Oregon rank
#51
of 64 cities

Income needed for a 3-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 3-bedroom at the current median rent.

Annual income
$108,800
Monthly gross
$9,067
Hourly (full-time)
$52.31

Rent by apartment size in Happy Valley

Compare Happy Valley's median rent across every apartment size.

Studio
$1,610
1-Bedroom
$1,730
2-Bedroom
$1,980
3-Bedroom (current)
$2,720
4+ Bedroom
$3,190

Cheapest cities for a 3-bedroom in Oregon

#City3-Bedroom rent
1Seaside$1,416
2Coos Bay$1,540
3La Grande$1,540
4Klamath Falls$1,570
5Pendleton$1,570
6Wood Village$1,622
7Hermiston$1,670
8Prineville$1,750
9Sutherlin$1,760
10Roseburg$1,775
11Sweet Home$1,820
12Astoria$1,840
13Stayton$1,850
14Cottage Grove$1,860
15Newport$1,860

Most expensive cities for a 3-bedroom in Oregon

#City3-Bedroom rent
1Sherwood$3,460
2Lake Oswego$3,370
3West Linn$3,260
4Hillsboro$2,970
5Wilsonville$2,950
6Clackamas$2,880
7Beaverton$2,880
8Tualatin$2,870
9West Slope$2,830
10Gladstone$2,830
11Portland$2,802
12Scappoose$2,780
13Oregon City$2,760
14Happy Valley (this page)$2,720
15Tigard$2,695

Nearby cities — 3-bedroom rent

Considering nearby alternatives? 5 of these cities have cheaper 3-bedroom rents than Happy Valley.

CityDistance3-Bedroom rentvs Happy Valley
Clackamas, OR2.3 mi$2,880+$160 (+6%)
Gladstone, OR6.1 mi$2,830+$110 (+4%)
Milwaukie, OR6.2 mi$2,580$-140 (-5%)
Oregon City, OR8.6 mi$2,760+$40 (+1%)
Gresham, OR8.7 mi$2,640$-80 (-3%)
Fairview, OR9.2 mi$2,580$-140 (-5%)
Portland, OR9.4 mi$2,802+$82 (+3%)
Wood Village, OR9.9 mi$1,622$-1,098 (-40%)
West Linn, OR11.6 mi$3,260+$540 (+20%)
Lake Oswego, OR12.4 mi$3,370+$650 (+24%)
Vancouver, WA16 mi$2,739+$19 (+1%)
Garden Home-Whitford, OR16.2 mi$2,517$-203 (-7%)

3-Bedroom rent in Happy Valley — common questions

How much is a 3-bedroom apartment in Happy Valley?

As of July 2026, the median 3-bedroom apartment rent in Happy Valley, Oregon is $2,720 per month. This is +48% higher than the citywide median of $1,833.

What income do you need to afford a 3-bedroom in Happy Valley?

Using the standard 30% rent-to-income rule, you would need an annual income of about $108,800 ($9,067/month gross), which works out to roughly $52.31/hour at a full-time job.

Is Happy Valley expensive for a 3-bedroom compared to the rest of the US?

Happy Valley's 3-bedroom median of $2,720 is +28% above the national 3-bedroom median of $2,130. It ranks in the 73th percentile of US cities tracked.

How does Happy Valley rank for 3-bedroom rent in Oregon?

Among the 64 cities in Oregon with 3-bedroom data, Happy Valley ranks #51 from cheapest to most expensive.

Are there cheaper 3-bedroom options near Happy Valley?

Yes — nearby cities with cheaper 3-bedroom rents include Milwaukie ($2,580), Gresham ($2,640), Fairview ($2,580).

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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Happy Valley, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (July 2026) and exclude cities with median rent below $400 or above $20,000.