Happy Valley, OR Rent History

82 months of data, 2019–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).

Today (2026-09)
$1,871
1-year change
+0.5%
$10/mo
5-year change
+10.4%
$176/mo

Monthly rent trend

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Year-by-year rent in Happy Valley

YearMedian rentYoY changevs 2019
2019$1,477/mo—0.0%
2020$1,504/mo+1.8%+1.8%
2021$1,592/mo+5.9%+7.8%
2022$1,722/mo+8.2%+16.6%
2023$1,847/mo+7.3%+25.1%
2024$1,852/mo+0.3%+25.4%
2025$1,841/mo-0.6%+24.6%
2026$1,856/mo+0.8%+25.7%

Frequently asked questions

How much has rent in Happy Valley changed since 2019?

Median rent in Happy Valley, OR was $1,477 in 2019-12 and is $1,871 as of 2026-09 — a change of $394 per month over 7 years.

How much has Happy Valley rent increased in the last 5 years?

Over the past 5 years, median rent in Happy Valley, OR has changed +10.4% ($176 per month). The current median is $1,871.

Is rent in Happy Valley going up or down year over year?

Year over year, median rent in Happy Valley, OR has increased +0.5% ($10/mo). Current median: $1,871.

See full rent data for Happy Valley, OR →
Methodology: Rent figures use ZORI (Zillow Observed Rent Index) monthly smoothed seasonally-adjusted values for all properties (single family + condo + multifamily). Year-by-year table uses April readings (or nearest available month) for consistency across years. 1-/5-/10-year change uses the same month 2026 as the anchor.