All Countries
Happy Valley, OR
Full City Profile · Oregon · Multnomah County County
3.5
/5.0
B+
Good
25,572
Population
2,147/sq mi density
$120,324
Median Income
$54,342 per capita
$671,800
Home Value
$679,195 Zillow
$2,025
Median Rent
36.4% income on rent
55°F
Avg Temperature
251 sunny days/yr
498
Violent Crime/100K
4,680 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$120,324 median income, 2.5% unemployment
B+
Affordability
3.5 / 5.0
$671,800 home value, $2,025/mo rent
F
Safety
1.0 / 5.0
498 violent crimes/100K (31% above avg)
A+
Education
4.7 / 5.0
46.4% bachelor's degree or higher
Housing Overview
Median Home Value
$671,800
138% above
US avg: $281,900
Median Rent
$2,025/mo
74% above
US avg: $1,163/mo
Homeownership Rate
82.0%
25% above US avg (65.4%)
Total Housing Units
8,412
Median year built: 2005
Home Value by Source
Census Median
$671,800
Zillow (ZHVI)
$679,195
Median Sale Price
$684,960
Median List Price
$734,725
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
82.0%
Owner-Occupied
18.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,051/mo
1 Bedroom
$1,143/mo
2 Bedroom
$1,425/mo
3 Bedroom
$1,963/mo
4 Bedroom
$2,318/mo
Census median rent:
$2,025/mo
· Zillow rent:
$1,920/mo
Market Indicators (Redfin)
Median Days on Market
120 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
39
Price Drops
30.9%
of listings with price reduction
Price Per Sq Ft
$271
Active Inventory
94
homes for sale
Affordability & Housing Stock
Rent Burden
36.4%
of renters spending 30%+ of income on housing
17% above US avg (31.0%)
Median Year Built
2005
Average age of housing stock: 21 years
Homeownership Rate
82.0%
Complete Housing Data
Home Values
| Census Median Value | $671,800 |
| Zillow Home Value (ZHVI) | $679,195 |
| Median Sale Price | $684,960 |
| Median List Price | $734,725 |
| Price Per Sq Ft | $271 |
Rent
| Census Median Rent | $2,025 |
| Zillow Rent (ZORI) | $1,920 |
| FMR Studio | $1,051 |
| FMR 1-Bedroom | $1,143 |
| FMR 2-Bedroom | $1,425 |
| FMR 3-Bedroom | $1,963 |
| FMR 4-Bedroom | $2,318 |
Market
| Days on Market | 120 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 30.9% |
| Homes Sold | 39 |
| Active Inventory | 94 |
| Price Per Sq Ft | $271 |
Ownership & Stock
| Owner-Occupied | 82.0% |
| Renter-Occupied | 18.0% |
| Homeownership Rate | 82.0% |
| Total Housing Units | 8,412 |
| Median Year Built | 2005 |
| Rent Burden | 36.4% |