Studio Apartment Rent in Happy Valley, OR
Median asking rent for a studio apartment in Happy Valley, Oregon as of August 2026. That's +15% lower than the citywide median of $1,903 and +25% above the national studio median of $1,290.
Income needed for a studio 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 studio 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 studio in Oregon
| # | City | Studio rent |
|---|---|---|
| 1 | La Grande | $750 |
| 2 | Klamath Falls | $770 |
| 3 | Pendleton | $770 |
| 4 | Coos Bay | $810 |
| 5 | Hermiston | $820 |
| 6 | Prineville | $860 |
| 7 | Sutherlin | $860 |
| 8 | Roseburg | $870 |
| 9 | Sweet Home | $930 |
| 10 | Grants Pass | $950 |
| 11 | Medford | $980 |
| 12 | Newport | $990 |
| 13 | Stayton | $990 |
| 14 | Astoria | $1,010 |
| 15 | Lebanon | $1,010 |
Most expensive cities for a studio in Oregon
| # | City | Studio rent |
|---|---|---|
| 1 | Sherwood | $2,050 |
| 2 | Lake Oswego | $2,000 |
| 3 | West Linn | $1,940 |
| 4 | Hillsboro | $1,765 |
| 5 | Wilsonville | $1,750 |
| 6 | Beaverton | $1,712 |
| 7 | Clackamas | $1,710 |
| 8 | Tualatin | $1,700 |
| 9 | West Slope | $1,680 |
| 10 | Gladstone | $1,680 |
| 11 | Portland | $1,663 |
| 12 | Oregon City | $1,640 |
| 13 | Happy Valley (this page) | $1,610 |
| 14 | Tigard | $1,605 |
| 15 | Gresham | $1,570 |
Nearby cities — studio rent
Considering nearby alternatives? 3 of these cities have cheaper studio rents than Happy Valley.
| City | Distance | Studio rent | vs Happy Valley |
|---|---|---|---|
| Clackamas, OR | 2.3 mi | $1,710 | +$100 (+6%) |
| Gladstone, OR | 6.1 mi | $1,680 | +$70 (+4%) |
| Milwaukie, OR | 6.2 mi | $1,530 | $-80 (-5%) |
| Oregon City, OR | 8.6 mi | $1,640 | +$30 (+2%) |
| Gresham, OR | 8.7 mi | $1,570 | $-40 (-2%) |
| Fairview, OR | 9.2 mi | $1,530 | $-80 (-5%) |
| Portland, OR | 9.4 mi | $1,663 | +$53 (+3%) |
| West Linn, OR | 11.6 mi | $1,940 | +$330 (+20%) |
| Lake Oswego, OR | 12.4 mi | $2,000 | +$390 (+24%) |
| Vancouver, WA | 16 mi | $1,625 | +$15 (+1%) |
| Tualatin, OR | 17 mi | $1,700 | +$90 (+6%) |
| Camas, WA | 17 mi | $1,740 | +$130 (+8%) |
Studio rent in Happy Valley — common questions
How much is a studio apartment in Happy Valley?
As of August 2026, the median studio apartment rent in Happy Valley, Oregon is $1,610 per month. This is +15% below the citywide median of $1,903.
What income do you need to afford a studio in Happy Valley?
Using the standard 30% rent-to-income rule, you would need an annual income of about $64,400 ($5,367/month gross), which works out to roughly $30.96/hour at a full-time job.
Is Happy Valley expensive for a studio compared to the rest of the US?
Happy Valley's studio median of $1,610 is +25% above the national studio median of $1,290. It ranks in the 71th percentile of US cities tracked.
How does Happy Valley rank for studio rent in Oregon?
Among the 61 cities in Oregon with studio data, Happy Valley ranks #49 from cheapest to most expensive.
Are there cheaper studio options near Happy Valley?
Yes — nearby cities with cheaper studio rents include Milwaukie ($1,530), Gresham ($1,570), Fairview ($1,530).