The Most Affordable Neighborhoods in Happy Valley, OR by Home Value

 

Happy Valley, OR Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Happy Valley area can be challenging. Home prices in Happy Valley are now at a median cost of $559,742, higher than the Oregon average of $365,363.

The average cost of rent is $1,737/mo in Happy Valley, primarily driven by the current value of real estate in the Happy Valley area. While nearly 30.31% of residents own their homes outright in Happy Valley, 23.28% rent.

Housing affordability isn’t just about home prices, though. The average household income in Happy Valley is $10,608 per month. Households that rent pay about 16.37% of their income on rent here. Happy Valley's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.


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