Rent by ZIP · Clackamas County
Rent in Happy Valley, OR 97086
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,900 (-0.5% vs FY2026). Renters in this ZIP code pay a median $1,746 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,540 | $1,560 | -1.3% | $1,386–1,694 | $1,501 ±$807 |
| 1 bedroom | $1,650 | $1,670 | -1.2% | $1,485–1,815 | $1,434 ±$124 |
| 2 bedrooms | $1,900 | $1,910 | -0.5% | $1,710–2,090 | $1,762 ±$109 |
| 3 bedrooms | $2,580 | $2,600 | -0.8% | $2,322–2,838 | $2,369 ±$119 |
| 4 bedrooms | $3,100 | $3,090 | +0.3% | $2,790–3,410 | $2,481 ±$683 |
Small Area FMRs for the Portland-Vancouver-Hillsboro, OR-WA MSA. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Portland-Vancouver-Hillsboro, OR-WA MSA, 2 bedrooms: $1,878.
What renters pay in 97086
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 97089 | Damascus | $2,820 | $1,700 |
| 97080 | Gresham | $1,790 | $1,679 |
| 97078 | Beaverton | $2,070 | $1,672 |
| 97071 | Woodburn | $1,750 | $1,464 |
| 97070 | Wilsonville | $2,090 | $1,903 |
| 97068 | West Linn | $2,270 | $2,017 |
Fair Market Rents across Clackamas County, OR · All OR counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.