




- 1–3 Bedrooms
- $1,992-$4,266 Total Monthly Price
Total Monthly Price
Base Rent$1,992 - $4,266Total Monthly Price$1,992 - $4,266 - 677–1,207 Square Feet
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 $1,992 and having 677–1,207 sq ft. Here is the current pricing and availability:
New! Interactive Property Map
1 Bedroom
Juniper
1 Bed, 1 Bath, 677-714 sq ftModel Gallery
Floorplans
Availability Details
Prices shown for this property are the Total Monthly Price including Fees.Availability Date Unit Sq Ft Call for Availability 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 ftUnavailableFloor 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 Olive
1 Bed, 1 Bath, 704 sq ftModel Gallery
Floorplans
Photos
3D Tours
Availability Details
Prices shown for this property are the Total Monthly Price including Fees.Availability Date Unit Sq Ft Call for Availability Olive 704 sq ft Model Amenities and Features
Features
- Air Conditioning
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Microwave
- Quartz Countertops
- Stainless Steel Appliances
Apartment Model: OliveCall For Rates1 Bedroom, 1 Bath, 704 sq ftUnavailableFloorplansPhotos3D Tours![]()
Olive - Image 1 ![]()
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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 Willow
1 Bed, 1 Bath, 708 sq ftModel Gallery
Floorplans
Availability Details
Prices shown for this property are the Total Monthly Price including Fees.Availability Date Unit Sq Ft Call for Availability 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 ftUnavailableFloor 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 Alder
1 Bed, 1 Bath, 714 sq ftModel Gallery
Floorplans
Availability Details
Prices shown for this property are the Total Monthly Price including Fees.Availability Date Unit Sq Ft Call for Availability Alder 714 sq ft Model Amenities and Features
Features
- Air Conditioning
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Microwave
- Quartz Countertops
- Stainless Steel Appliances
Apartment Model: AlderCall For Rates1 Bedroom, 1 Bath, 714 sq ftUnavailableFloor 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 2 Bedrooms
Show Unavailable FloorplansSpruce
From $2,177
2 Beds, 2 Baths, 1011 sq ftTotal Monthly PriceAvailable NowTotal Monthly Price
Base Rent$2,177 - $4,266Total Monthly Price$2,177 - $4,266Largest 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.Price Availability Date Unit Sq Ft $2,177 Available Now 104 1011 Model Amenities and Features
Features
- Air Conditioning
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Microwave
- Quartz Countertops
- Stainless Steel Appliances
Unit 104 Lease Information
Unit Price
- $2,177Total Monthly PriceBase Rent: $2,177Required Monthly Fees: None
View Details and Rent EstimateModel Lease Information
Model Price Range
- $2,177 - $4,266Total Monthly Price
Apartment Model: SpruceFrom $2,1772 Bedroom, 2 Bath, 1011 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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Spruce - Floorplan Apartment Unit: 104Apartment Model: Spruce$2,1772 Bedroom, 2 Bath, 1011 sq ftAvailable NowArbor
From $2,167
2 Beds, 2 Baths, 965 sq ftTotal Monthly PriceAvailable Jun 19Total Monthly Price
Base Rent$2,167 - $4,250Total Monthly Price$2,167 - $4,250Model Gallery
Floorplans
Availability Details
Prices shown for this property are the Total Monthly Price including Fees.Price Availability Date Unit Sq Ft $2,167 June 19, 2026 078 965 Model Amenities and Features
Features
- Air Conditioning
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Microwave
- Quartz Countertops
- Stainless Steel Appliances
Unit 078 Lease Information
Unit Price
- $2,167Total Monthly PriceBase Rent: $2,167Required Monthly Fees: None
View Details and Rent EstimateModel Lease Information
Model Price Range
- $2,167 - $4,250Total Monthly Price
Apartment Model: ArborFrom $2,1672 Bedroom, 2 Bath, 965 sq ftAvailable June 19, 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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Arbor - Floorplan Apartment Unit: 078Apartment Model: Arbor$2,1672 Bedroom, 2 Bath, 965 sq ftAvailable June 19, 2026Birch
From $1,992
2 Beds, 2 Baths, 955 sq ftTotal Monthly PriceAvailable Jul 3Total Monthly Price
Base Rent$1,992 - $3,624Total Monthly Price$1,992 - $3,624Cheapest 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 $1,992 July 3, 2026 103 955 Model Amenities and Features
Features
- Air Conditioning
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Microwave
- Quartz Countertops
- Stainless Steel Appliances
Unit 103 Lease Information
Unit Price
- $1,992Total Monthly PriceBase Rent: $1,992Required Monthly Fees: None
View Details and Rent EstimateModel Lease Information
Model Price Range
- $1,992 - $3,624Total Monthly Price
Apartment Model: BirchFrom $1,9922 Bedroom, 2 Bath, 955 sq ftAvailable July 3, 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: 103Apartment Model: Birch$1,9922 Bedroom, 2 Bath, 955 sq ftAvailable July 3, 2026Cedar
2 Beds, 2 Baths, 985 sq ftModel Gallery
Floorplans
Availability Details
Prices shown for this property are the Total Monthly Price including Fees.Availability Date Unit Sq Ft Call for Availability 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 ftUnavailableFloor 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 Aspen
2 Beds, 2 Baths, 1009 sq ftModel Gallery
Floorplans
Photos
3D Tours
Availability Details
Prices shown for this property are the Total Monthly Price including Fees.Availability Date Unit Sq Ft Call for Availability Aspen 1009 sq ft Model Amenities and Features
Features
- Air Conditioning
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Microwave
- Quartz Countertops
- Stainless Steel Appliances
Apartment Model: AspenCall For Rates2 Bedroom, 2 Bath, 1009 sq ftUnavailableFloorplansPhotos3D Tours![]()
Aspen - Image 1 ![]()
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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 3 Bedrooms
Hemlock
3 Beds, 2 Baths, 1184 sq ftModel Gallery
Floorplans
3D Tours
Availability Details
Prices shown for this property are the Total Monthly Price including Fees.Availability Date Unit Sq Ft Call for Availability 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 ftUnavailableFloorplans3D 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 ftModel Gallery
Floorplans
Availability Details
Prices shown for this property are the Total Monthly Price including Fees.Availability Date Unit Sq Ft Call for Availability 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 ftUnavailableFloor 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
- Due at Move-In
- Security DepositiRefundable deposit for damages or lease obligations. Charged Per Unit.Varies
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
- Early Termination FeeiFee to terminate lease early. Charged Per Unit.150.0% of base rent/per occurrence
- NSF Tenant FeeiReturned or declined payment fee. Charged Per Unit.$35.00/per occurrence
- Late FeeiLate payment fee. Charged Per Unit.$200.00/per occurrence
- MTM Flat FeeiFee for month-to-month tenancy Charged Per Unit.$0.00/mo
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
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 $1,992 to $2,177
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
Renters Reviews and Ratings
Three years in at the Elwood
July 21, 2025 - Review from Apartments.comI love it here. The staff are warm and helpful. Any maintenance is completed promptly. One-line rent payment is easy. It is a wonderful pace to see bunnies, birds, and hear the frogs sing at night. It is family/kid/elder/pet friendly (I’m in the elder category).Property Manager Responded
August 28, 2025Hi User, Thank you for sharing your positive experience at the Elwood. We're delighted to hear that you enjoy the community and find our staff helpful. It's wonderful to know that you appreciate the natural surroundings and the convenience of our services. We look forward to continuing to provide a welcoming environment for you.
Pretty but poorly constructed
November 5, 2023 - Review from Apartments.comAt first glance these apartments look beautiful, but once you've been inside one for longer than a tour you can tell they were slapped together quickly. The closet doors constantly fall off, like, all the way off, the sliding doors to the washers/dryer don't fit properly and the walls are paper thin and you can hear everything. There is also almost no visitor parking. I think there are four spots for the entire complex. There are a handful of spots that belong to the neighboring community, but ...you risk being towed parking there, and there are no nearby side streets. If you're a two car household, good luck.Read MoreProperty Manager Responded
November 8, 2023Hello, Thank you for your honest feedback. We pride ourselves on maintaining the highest quality standards for our customers but we didn't measure up. You can reach us anytime at pm.theelwood@avenue5apt.com or 1 503-427-2140. Respectfully, Erin Hays
Amazing views
September 21, 2023 - Review from Apartments.comThe views are great and the air conditioner is a life savor!Property Manager Responded
September 25, 2023Thanks so much for taking the time to share your positive experience! Our goal will always be to provide the best experience and are very happy to hear you love the views and the in unit A/C. We're here if you need anything in the future! Sincerely, The Elwood Management Team
Great place to live
September 21, 2023 - Review from Apartments.comThe apartments have a great layout and the staff is friendly and responsive.Property Manager Responded
September 25, 2023Thank you for taking the time to share your experience. It's feedback like yours that reminds us why we do what we do! If you ever need anything please don't hesitate to reach out to our team. See you soon! Kindly, The Elwood Management Team
Great place!
February 12, 2022 - Review from Apartments.comI have lived here for 7 months, and have been pretty happy. I was concerned about moving into an apartment (I have always lived in houses), but have been pleasantly surprised with the management and maintenance teams, as well as overall cleanliness and sound levels. The only drawback is guests sometimes park in the tenant designated spaces which can be a pain, but I imagine that is an issue at any apartment complex.Property Manager Responded
February 24, 2022Thank you for taking the time to share your experience. We truly appreciate your recommendation of The Elwood and will work hard to continue going above and beyond. Our goal will always be to provide the best experience and we love knowing yours was no different!
Read Me
February 11, 2022 - Review from Apartments.comI've lived here a few months now so wanted to make a review. First off any issues or work orders I've submitted have been taken care of in a timely manor. Maintenance and management are quick to get top of things anytime I've needed something. The area is nice, no issues with surrounding neighborhoods. The only thing I can think of that may need some improvement is holding tenants responsible for keeping the entry ways clean in the hallways and reminding people no smoking allowed on balconies or ...near property. Thanks Elwood team! -MaiyaRead MoreProperty Manager Responded
February 24, 2022Hello Maiya, Thanks so much for taking the time to share your positive experience! Hearing that your experience went well really makes our day. As always, our team is looking forward to your next visit. We look forward to continually meeting your expectations!
Great location and well maintained apartments
October 1, 2021 - Review from Apartments.comOne month in and loving it. Got lucky with a one bedroom in immaculate. The buildings have elevators making move in a breeze. Great neighbors so far. Hardly know they’re here, it’s so quiet. Maintenance does a good job keeping the common areas clean. Top of the line appliances including full size washer and dryer. Balcony is very private. Building design done well so you don’t see your neighbors when sitting outside. Apartments in this area are pricey but The Elwood is competitive. You get what ...you pay for. Other complexes don’t even have A/C for the same price!Read MoreProperty Manager Responded
November 3, 2021Thank you for the awesome feedback. Hearing that your experience has been has been great really makes our day. We look forward to continually meeting your expectations! - Your Elwood Management Team
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 | $1,268 | $1,100 | $1,650 |
| Happy Valley 1 Bedroom Apartments | $1,664 | $922 | $2,500 |
| Happy Valley 2 Bedroom Apartments | $2,031 | $1,092 | $2,855 |
| Happy Valley 3 Bedroom Apartments | $2,435 | $1,757 | $3,624 |
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*Breed restrictions apply.