Happy Valley renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Happy Valley is about $1,249 per month. This puts it in the 18th percentile compared to the city average cost of rent, which is $1,377. Households in Happy Valley have a median income of $3,614 per month so the average renter in Happy Valley is spending roughly 35% of their earnings on housing.
Nationally, and in Happy Valley, home values are the data point most closely correlated with the cost of rent. The median price of a home in Happy Valley is $419,898 right now, which is lower than nearby neighborhoods, meaning that rents in Happy Valley also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the southwestern parts of Happy Valley while lower rent rates are often available in northeastern areas.
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