




- 1–3 Bedrooms
- $1,658-$4,190 Total Monthly Price
Total Monthly Price
Base Rent$1,658 - $4,190Total Monthly Price$1,658 - $4,190 - 677–1,207 Square Feet
Rent Specials
Offering 50% off September special for immediate move-ins on select units.
About The Elwood
The Elwood is a collection of one, two, and three bedroom apartment homes located in Happy Valley, OR. Our apartment homes feature air conditioning, quartz countertops, designer kitchen cabinetry, stainless steel appliances, full-size washer and dryer, and a balcony with panoramic views. Located just two blocks from our community is a New Seasons grocer, local brewpubs, spas, retail shopping, restaurants, and several miles of walkable trails, offering the perfect town and country balance. Schedule your tour today!
The Elwood is located in the Rock Creek Neighborhood and 97015 Zip code of Happy Valley, OR. This community is professionally managed by Avenue5 Residential
Unique Features and Amenities
- ADA
- Air Conditioner
- Ample Kitchen Cabinet Space and Pantry
- Beautiful Views
- Bike Racks
- BILT Rewards
- Breakfast Bar
- Cable and Internet Ready
- Flex Rent Payment Option
- Full Size Washer and Dryer
- Fully Equipped Kitchen
- Furnished Units Available
- High Ceilings in Select Homes
- Large Closets
- Large Windows Allowing Natural Light
- Nature View
- Off Street Parking
- Patio/Balcony
- Pet Friendly
- Rental Furniture Available From CORT
- Short Distance to New Seasons
- Subway Tile Backsplash
- Taralon Community Clubhouse Event Access*
Property Contact Info

- Listed by:
- Agency:
- Vendor Logo:
- Website:
- View Property Website
- Call Us:
- (503) 212-6084
- Disclaimer:
Office Hours
| Monday | 10:00 am–6:00 pm |
| Tuesday | 10:00 am–6:00 pm |
| Wednesday | 10:00 am–6:00 pm |
| Thursday | 10:00 am–6:00 pm |
| Friday | 10:00 am–6:00 pm |
| Saturday | 10:00 am–5:00 pm |
| Sunday | Closed |
Floorplan Pricing and Availability
The Elwood offers 1 to 3 Bedroom apartments starting from $1,658 and having 677–1,207 sq ft. Here is the current pricing and availability:
New! Interactive Property Map
1 Bedroom
Alder
From $1,693
1 Bed, 1 Bath, 714 sq ftTotal Monthly PriceAvailable NowTotal Monthly Price
Base Rent$1,693 - $2,956Total Monthly Price$1,693 - $2,956Model Gallery
Floorplans
Availability Details
Prices shown for this property are the Total Monthly Price including Fees.Price Availability Date Unit Sq Ft View Details $1,693 Available Now 029 714 $1,743 Available Now 084 714 $1,733 Available Now 128 714 Model Amenities and Features
Features
- Air Conditioning
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Microwave
- Quartz Countertops
- Stainless Steel Appliances
Model Lease Information
Model Price Range
- $1,693 - $2,956Total Monthly PriceBase Rent: $1,693 - $2,956Required Monthly Fees: None
Current Available Pricing
- $1,693 - $1,743 Total Monthly Price
Unit 029 Lease Information
Unit Price
- $1,693Total Monthly PriceBase Rent: $1,693Required Monthly Fees: None
View Details and Rent EstimateModel Lease Information
Model Price Range
- $1,693 - $2,956Total Monthly Price
Unit 084 Lease Information
Unit Price
- $1,743Total Monthly PriceBase Rent: $1,743Required Monthly Fees: None
View Details and Rent EstimateModel Lease Information
Model Price Range
- $1,693 - $2,956Total Monthly Price
Unit 128 Amenities and Features
Unique Features
- Nature View
Unit 128 Lease Information
Unit Price
- $1,733Total Monthly PriceBase Rent: $1,733Required Monthly Fees: None
View Details and Rent EstimateModel Lease Information
Model Price Range
- $1,693 - $2,956Total Monthly Price
Apartment Model: AlderFrom $1,6931 Bedroom, 1 Bath, 714 sq ftAvailable NowFloor plans are artist's rendering. All dimensions are approximate. Actual product and specifications may vary in dimension or detail. Not all features are available in every rental home. Please see a representative for details.
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Alder - Floorplan Apartment Unit: 029Apartment Model: Alder$1,6931 Bedroom, 1 Bath, 714 sq ftAvailable NowApartment Unit: 084Apartment Model: Alder$1,7431 Bedroom, 1 Bath, 714 sq ftAvailable NowApartment Unit: 128Apartment Model: Alder$1,7331 Bedroom, 1 Bath, 714 sq ftAvailable NowOlive
From $1,658
1 Bed, 1 Bath, 704 sq ftTotal Monthly PriceAvailable Sep 26Total Monthly Price
Base Rent$1,658 - $2,802Total Monthly Price$1,658 - $2,802Cheapest 1 BedroomThis is the cheapest 1 Bedroom at this PropertyModel Gallery
Floorplans
Photos
3D Tours
Availability Details
Prices shown for this property are the Total Monthly Price including Fees.Price Availability Date Unit Sq Ft $1,658 September 26, 2026 061 704 Model Amenities and Features
Features
- Air Conditioning
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Microwave
- Quartz Countertops
- Stainless Steel Appliances
Unit 061 Lease Information
Unit Price
- $1,658Total Monthly PriceBase Rent: $1,658Required Monthly Fees: None
View Details and Rent EstimateModel Lease Information
Model Price Range
- $1,658 - $2,802Total Monthly Price
Apartment Model: OliveFrom $1,6581 Bedroom, 1 Bath, 704 sq ftAvailable September 26, 2026FloorplansPhotos3D Tours![]()
Olive - Image 1 ![]()
Olive - Image 2 ![]()
Olive - Image 3 ![]()
Olive - Image 4 Floor plans are artist's rendering. All dimensions are approximate. Actual product and specifications may vary in dimension or detail. Not all features are available in every rental home. Please see a representative for details.
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Olive - Floorplan Olive - 3D Tour Apartment Unit: 061Apartment Model: Olive$1,6581 Bedroom, 1 Bath, 704 sq ftAvailable September 26, 2026Juniper
1 Bed, 1 Bath, 677-714 sq ftAvailable SoonModel Gallery
Floorplans
Availability Details
Prices shown for this property are the Total Monthly Price including Fees.Availability Date Unit Sq Ft Available Soon Juniper 677-714 sq ft Model Amenities and Features
Features
- Air Conditioning
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Microwave
- Quartz Countertops
- Stainless Steel Appliances
Apartment Model: JuniperCall For Rates1 Bedroom, 1 Bath, 677-714 sq ftAvailable SoonFloor plans are artist's rendering. All dimensions are approximate. Actual product and specifications may vary in dimension or detail. Not all features are available in every rental home. Please see a representative for details.
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Juniper - Floorplan Willow
1 Bed, 1 Bath, 708 sq ftAvailable SoonModel Gallery
Floorplans
Availability Details
Prices shown for this property are the Total Monthly Price including Fees.Availability Date Unit Sq Ft Available Soon Willow 708 sq ft Model Amenities and Features
Features
- Air Conditioning
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Microwave
- Quartz Countertops
- Stainless Steel Appliances
Apartment Model: WillowCall For Rates1 Bedroom, 1 Bath, 708 sq ftAvailable SoonFloor plans are artist's rendering. All dimensions are approximate. Actual product and specifications may vary in dimension or detail. Not all features are available in every rental home. Please see a representative for details.
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Willow - Floorplan 2 Bedrooms
Arbor
From $2,110
2 Beds, 2 Baths, 965 sq ftTotal Monthly PriceAvailable NowTotal Monthly Price
Base Rent$2,110 - $3,999Total Monthly Price$2,110 - $3,999Model Gallery
Floorplans
Availability Details
Prices shown for this property are the Total Monthly Price including Fees.Price Availability Date Unit Sq Ft $2,110 Available Now 023 965 Model Amenities and Features
Features
- Air Conditioning
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Microwave
- Quartz Countertops
- Stainless Steel Appliances
Unit 023 Lease Information
Unit Price
- $2,110Total Monthly PriceBase Rent: $2,110Required Monthly Fees: None
View Details and Rent EstimateModel Lease Information
Model Price Range
- $2,110 - $3,999Total Monthly Price
Apartment Model: ArborFrom $2,1102 Bedroom, 2 Bath, 965 sq ftAvailable NowFloor plans are artist's rendering. All dimensions are approximate. Actual product and specifications may vary in dimension or detail. Not all features are available in every rental home. Please see a representative for details.
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Arbor - Floorplan Apartment Unit: 023Apartment Model: Arbor$2,1102 Bedroom, 2 Bath, 965 sq ftAvailable NowAspen
From $2,175
2 Beds, 2 Baths, 1009 sq ftTotal Monthly PriceAvailable Sep 18Total Monthly Price
Base Rent$2,175 - $4,190Total Monthly Price$2,175 - $4,190Model Gallery
Floorplans
Photos
3D Tours
Availability Details
Prices shown for this property are the Total Monthly Price including Fees.Price Availability Date Unit Sq Ft $2,175 September 18, 2026 041 1009 Model Amenities and Features
Features
- Air Conditioning
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Microwave
- Quartz Countertops
- Stainless Steel Appliances
Unit 041 Lease Information
Unit Price
- $2,175Total Monthly PriceBase Rent: $2,175Required Monthly Fees: None
View Details and Rent EstimateModel Lease Information
Model Price Range
- $2,175 - $4,190Total Monthly Price
Apartment Model: AspenFrom $2,1752 Bedroom, 2 Bath, 1009 sq ftAvailable September 18, 2026FloorplansPhotos3D Tours![]()
Aspen - Image 1 ![]()
Aspen - Image 2 ![]()
Aspen - Image 3 ![]()
Aspen - Image 4 ![]()
Aspen - Image 5 ![]()
Aspen - Image 6 ![]()
Aspen - Image 7 Floor plans are artist's rendering. All dimensions are approximate. Actual product and specifications may vary in dimension or detail. Not all features are available in every rental home. Please see a representative for details.
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Aspen - Floorplan Aspen - 3D Tour Apartment Unit: 041Apartment Model: Aspen$2,1752 Bedroom, 2 Bath, 1009 sq ftAvailable September 18, 2026Birch
From $1,995
2 Beds, 2 Baths, 955 sq ftTotal Monthly PriceAvailable Oct 7Total Monthly Price
Base Rent$1,995 - $3,848Total Monthly Price$1,995 - $3,848Cheapest 2 BedroomThis is the cheapest 2 Bedroom at this PropertyModel Gallery
Floorplans
Availability Details
Prices shown for this property are the Total Monthly Price including Fees.Price Availability Date Unit Sq Ft $1,995 October 7, 2026 004 955 Model Amenities and Features
Features
- Air Conditioning
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Microwave
- Quartz Countertops
- Stainless Steel Appliances
Unit 004 Lease Information
Unit Price
- $1,995Total Monthly PriceBase Rent: $1,995Required Monthly Fees: None
View Details and Rent EstimateModel Lease Information
Model Price Range
- $1,995 - $3,848Total Monthly Price
Apartment Model: BirchFrom $1,9952 Bedroom, 2 Bath, 955 sq ftAvailable October 7, 2026Floor plans are artist's rendering. All dimensions are approximate. Actual product and specifications may vary in dimension or detail. Not all features are available in every rental home. Please see a representative for details.
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Birch - Floorplan Apartment Unit: 004Apartment Model: Birch$1,9952 Bedroom, 2 Bath, 955 sq ftAvailable October 7, 2026Cedar
2 Beds, 2 Baths, 985 sq ftAvailable SoonModel Gallery
Floorplans
Availability Details
Prices shown for this property are the Total Monthly Price including Fees.Availability Date Unit Sq Ft Available Soon Cedar 985 sq ft Model Amenities and Features
Features
- Air Conditioning
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Microwave
- Quartz Countertops
- Stainless Steel Appliances
Apartment Model: CedarCall For Rates2 Bedroom, 2 Bath, 985 sq ftAvailable SoonFloor plans are artist's rendering. All dimensions are approximate. Actual product and specifications may vary in dimension or detail. Not all features are available in every rental home. Please see a representative for details.
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Cedar - Floorplan Spruce
2 Beds, 2 Baths, 1011 sq ftAvailable SoonLargest 2 BedroomThis is the largest 2 Bedroom at this PropertyModel Gallery
Floorplans
Availability Details
Prices shown for this property are the Total Monthly Price including Fees.Availability Date Unit Sq Ft Available Soon Spruce 1011 sq ft Model Amenities and Features
Features
- Air Conditioning
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Microwave
- Quartz Countertops
- Stainless Steel Appliances
Apartment Model: SpruceCall For Rates2 Bedroom, 2 Bath, 1011 sq ftAvailable SoonFloor plans are artist's rendering. All dimensions are approximate. Actual product and specifications may vary in dimension or detail. Not all features are available in every rental home. Please see a representative for details.
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Spruce - Floorplan 3 Bedrooms
Hemlock
3 Beds, 2 Baths, 1184 sq ftAvailable SoonModel Gallery
Floorplans
3D Tours
Availability Details
Prices shown for this property are the Total Monthly Price including Fees.Availability Date Unit Sq Ft Available Soon Hemlock 1184 sq ft Model Amenities and Features
Features
- Air Conditioning
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Microwave
- Quartz Countertops
- Stainless Steel Appliances
Apartment Model: HemlockCall For Rates3 Bedroom, 2 Bath, 1184 sq ftAvailable SoonFloorplans3D ToursFloor plans are artist's rendering. All dimensions are approximate. Actual product and specifications may vary in dimension or detail. Not all features are available in every rental home. Please see a representative for details.
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Hemlock - Floorplan Hemlock - 3D Tour Noble
3 Beds, 2 Baths, 1207 sq ftAvailable SoonModel Gallery
Floorplans
Availability Details
Prices shown for this property are the Total Monthly Price including Fees.Availability Date Unit Sq Ft Available Soon Noble 1207 sq ft Model Amenities and Features
Features
- Air Conditioning
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Microwave
- Quartz Countertops
- Stainless Steel Appliances
Apartment Model: NobleCall For Rates3 Bedroom, 2 Bath, 1207 sq ftAvailable SoonFloor plans are artist's rendering. All dimensions are approximate. Actual product and specifications may vary in dimension or detail. Not all features are available in every rental home. Please see a representative for details.
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Noble - Floorplan
Schedule a Tour
3D Tours
Property Information
- 132 Units
- 4 Stories
- Built in 2020
Fees and Policies
The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified. Use the Cost Calculator to determine costs based on your needs.
Required Fees
One-Time Basics
- Due at Application
- Application Fee Per ApplicantiCharged per applicant.$42.00
Utilities
- CableiMonthly cable television service fee. Charged Per Unit.Varies/mo
- Common Area ElectriciCovers electric for common areas. Charged Per Unit.Varies/mo
- Common Area GasiCovers gas for common areas. Charged Per Unit.Varies/mo
- ElectriciMonthly electric charges. Charged Per Unit.Varies/mo
- SeweriMonthly wastewater and sewer charge. Charged Per Unit.Varies/mo
- WateriMonthly community water services charge. Charged Per Unit.Varies/mo
- InternetiMonthly internet service fee. Charged per unit.Varies/mo
- TrashiMonthly trash services fee. Charged per unit.Varies/mo
Other Fees and Policies
Situational Fees
- Late FeeiLate payment fee. Charged Per Unit.$200.00/per occurrence
- NSF Tenant FeeiReturned or declined payment fee. Charged Per Unit.$35.00/per occurrence
- Early Termination FeeiFee to terminate lease early. Charged Per Unit.150.0% of base rent/per occurrence
Pet Fees
- Cat
- Cat DepositiCharged per Pet.$400.00
- Cat RentiCharged Per Pet.$35.00/mo
- Dog
- Dog DepositiCharged per Pet.$400.00
- Dog RentiCharged Per Pet.$35.00/mo
None
None
*Breed restrictions apply.
Parking Info and Fees
- Surface Lot
Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Features and Amenities
On-Site Services
- Maintenance On Site
- Package Service
- Property Manager On Site
- Public Transportation
- Laundry Facilities
Community Features
- Corporate Housing
- Lounge
- Elevator
Outdoor Features
- Controlled Access
Interior Features
- Washer/Dryer
- Air Conditioning
Kitchen Amenities
- Dishwasher
- Microwave
- Disposal
- Stainless Steel Appliances
- Quartz Countertops
Living Area Features
- Window Coverings

Map
- Shopping
- Colleges
- Grocery
- Medical
- Parks
- Transportation

Map
Getting Around
40 / 100 Fairly walkable
30 / 100 Limited public transit
40 / 100 Fairly bikeable
70 / 100 Moderately car friendly
Getting to Know the Area
60 / 100 Restaurants
70 / 100 Cafes
40 / 100 Nightlife
30 / 100 Shopping
60 / 100 Parks
100 / 100 Noise Level
Frequently Asked Questions about The Elwood
Where is The Elwood located?
The Elwood is located at 13702 SE 162nd Ave near the Rock Creek area of Happy Valley, OR
What is the current rent range at The Elwood?
1 Bedroom to 3 Bedroom Apartments at The Elwood currently range from $1,658 to $4,190
When is the leasing office open?
- The office Hours for The Elwood are
- Monday 10:00 am–6:00 pm
- Tuesday 10:00 am–6:00 pm
- Wednesday 10:00 am–6:00 pm
- Thursday 10:00 am–6:00 pm
- Friday 10:00 am–6:00 pm
- Saturday 10:00 am–5:00 pm
- Sunday Closed
Are pets allowed?
Call us today to find out our pet policy and if we allow pets
Are there any rent specials?
The current rent special at The Elwood is: Offering 50% off September special for immediate move-ins on select units..
Renters Reviews and Ratings
Pretty but poorly constructed
Property Manager Responded
Amazing views
Property Manager Responded
Great place to live
Property Manager Responded
Great place!
Property Manager Responded
Read Me
Property Manager Responded
Great location and well maintained apartments
Property Manager Responded
Nearby Schools
Happy Valley Middle School
About GreatSchools Data on ApartmentHomeLiving.com.
Points of Interest
Time and distance from The Elwood.
Arts Museums and Landmarks
Big Box and Retail
Goodwill
Walgreens
Jcpenney
Colleges and Universities
Mount Hood Community College - The Bruning Center for Allied Health Education
Groceries
Fred Meyer
Winco Foods
Safeway
Hospitals
Military Bases
Camp Withycombe National Guard
Parks and Recreation
The Elwood has 1 park within 8.6 miles, including Oaks Amusement Park.
Shopping Centers
The Elwood has 5 shopping centers within 1.4 miles.
Transit Stations
Clackamas Town Center Transit Center-MAX Green Line
SE Fuller Road-MAX Green Line
SE Flavel Street-MAX Green Line
Nearby Neighborhoods
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Happy Valley Studio Apartments | $1,556 | $1,150 | $2,648 |
| Happy Valley 1 Bedroom Apartments | $1,633 | $1,278 | $2,590 |
| Happy Valley 2 Bedroom Apartments | $1,986 | $1,395 | $3,021 |
| Happy Valley 3 Bedroom Apartments | $2,346 | $1,822 | $3,295 |
| Happy Valley 4 Bedroom Apartments | $3,600 | $3,600 | $3,600 |
| 2 Bedroom Homes | $2,122 | $1,300 | $3,300 |
| 3 Bedroom Homes | $3,091 | $2,095 | $4,500 |
| 4 Bedroom Homes | $3,343 | $2,695 | $3,899 |
| 5 Bedroom Homes | $3,455 | $2,995 | $3,775 |
| 6 Bedroom Homes | $3,900 | $3,900 | $3,900 |
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*Breed restrictions apply.