Happy Valley, OR Rent History

79 months of data, 20192026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).

Today (2026-06)
$1,833
1-year change
-1.9%
$-35/mo
5-year change
+12.0%
$196/mo

Monthly rent trend

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Year-by-year rent in Happy Valley

YearMedian rentYoY changevs 2019
2019$1,459/mo0.0%
2020$1,487/mo+1.9%+1.9%
2021$1,575/mo+5.9%+8.0%
2022$1,703/mo+8.1%+16.7%
2023$1,834/mo+7.7%+25.7%
2024$1,844/mo+0.5%+26.4%
2025$1,857/mo+0.7%+27.3%
2026$1,853/mo-0.2%+27.0%

Frequently asked questions

How much has rent in Happy Valley changed since 2019?

Median rent in Happy Valley, OR was $1,459 in 2019-12 and is $1,833 as of 2026-06 — a change of $374 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 +12.0% ($196 per month). The current median is $1,833.

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

Year over year, median rent in Happy Valley, OR has decreased -1.9% ($-35/mo). Current median: $1,833.

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.