Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Happy Valley city, Oregon?
City · Census ACS 5-Year estimates
The median gross rent in Happy Valley city, Oregon is $2,029/month (±$144), based on Census ACS 5-Year estimates (2024). The median home value is $725,300 (±$27,577), and the median household income is $122,151/year. The unemployment rate in Clackamas County, Oregon was 4.5% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Happy Valley city, Oregon
| Metric | Value |
|---|---|
| Median Gross Rent | $2,029 |
| Median Home Value | $725,300 |
| Median Household Income | $122,151 |
| Total Housing Units | 9,002 |
| Renter-Occupied Units | 1,896 |
| Renter-Occupied Share | 21% |
| Households Paying 50%+ Income | 394 households |
| Unemployment Rate(April 2026) | 4.5% |
How does Happy Valley city, Oregon compare?
Median gross rent ranked against all cities in Oregon.
Higher rent than 95% of cities in Oregon · 16th of 291
| # | City | Value |
|---|---|---|
| 1 | Rivergrove city | $3,501 |
| 2 | Damascus CDP | $2,654 |
| 3 | Running Y Ranch CDP | $2,591 |
| … 12 more … | ||
| 16 | Happy Valley city(you are here) | $2,029 |
| … 272 more … | ||
| 289 | Crane CDP | $436 |
| 290 | Grass Valley city | $337 |
| 291 | Juntura CDP | $275 |
More data for Happy Valley city, Oregon
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Frequently asked questions
What is the average rent in Happy Valley city, Oregon?
The median gross rent in Happy Valley city, Oregon is $2,029/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in Happy Valley city, Oregon?
The median rent for a 2-bedroom in Happy Valley city, Oregon is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Happy Valley city, Oregon?
The median home value in Happy Valley city, Oregon is $725,300 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Happy Valley city are rent-burdened?
In Happy Valley city, Oregon, 394 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Happy Valley city, Oregon?
The median household income in Happy Valley city, Oregon is $122,151/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $2,029 has a margin of error of ±$144. In very small areas, MOEs can be large relative to the estimate.
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