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- 1–3 Bedrooms
- $1,691–$5,496Rent Pricing
- 677–1,207Square 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

Floorplan Pricing and Availability
The Elwood offers 1 to 3 Bedroom apartments starting from $1,691 and having 677–1,207 sq ft. Here is the current pricing and availability:
New! Interactive Property Map
1 Bedroom
Show Unavailable FloorplansFrom $1,761
Willow
1 Bed, 1 Bath, 708 sq ftAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,761 Available Now 036 708 $1,791 Available Now 069 708 Model Amenities and Features
Features
- Air Conditioning
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Microwave
- Quartz Countertops
- Stainless Steel Appliances
Model Rent and Fees
Price Range
- $1,761 - $3,691
Rent Pricing
- $1,761 - $3,691
Unit 036 Rent and Fees
Price
- From $1,761
Model Rent and Fees
Price
- $1,761 - $3,691
Unit 069 Rent and Fees
Price
- From $1,791
Model Rent and Fees
Price
- $1,761 - $3,691
Apartment Model: WillowFrom $1,7611 Bedroom, 1 Bath, 708 sq ftAvailable NowWillow - Floorplan 1 Apartment Unit: 036Apartment Model: WillowFrom $1,7611 Bedroom, 1 Bath, 708 sq ftAvailable NowApartment Unit: 069Apartment Model: WillowFrom $1,7911 Bedroom, 1 Bath, 708 sq ftAvailable NowFrom $1,701
Olive
1 Bed, 1 Bath, 704 sq ftAvailable Jul 14Model Gallery
Floorplans
Photos
Availability Details
Price Availability Date Unit Sq Ft $1,761 July 14, 2025 039 704 $1,701 July 18, 2025 105 704 Model Amenities and Features
Features
- Air Conditioning
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Microwave
- Quartz Countertops
- Stainless Steel Appliances
Model Rent and Fees
Price Range
- $1,701 - $3,631
Rent Pricing
- $1,701 - $3,631
Unit 039 Rent and Fees
Price
- From $1,761
Model Rent and Fees
Price
- $1,701 - $3,631
Unit 105 Rent and Fees
Price
- From $1,701
Model Rent and Fees
Price
- $1,701 - $3,631
Apartment Model: OliveFrom $1,7011 Bedroom, 1 Bath, 704 sq ftAvailable July 14, 2025FloorplansPhotosOlive - Image 1 Olive - Image 2 Olive - Image 3 Olive - Image 4 Olive - Floorplan 5 Apartment Unit: 039Apartment Model: OliveFrom $1,7611 Bedroom, 1 Bath, 704 sq ftAvailable July 14, 2025Apartment Unit: 105Apartment Model: OliveFrom $1,7011 Bedroom, 1 Bath, 704 sq ftAvailable July 18, 2025From $1,691
Juniper
1 Bed, 1 Bath, 677-714 sq ftCheapest 1 BedroomThis is the cheapest 1 Bedroom at this PropertyAvailable Sep 6Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,691 September 6, 2025 009 677 Model Amenities and Features
Features
- Air Conditioning
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Microwave
- Quartz Countertops
- Stainless Steel Appliances
Unit 009 Rent and Fees
Price
- From $1,691
Model Rent and Fees
Price
- $1,691 - $3,462
Apartment Model: JuniperFrom $1,6911 Bedroom, 1 Bath, 677-714 sq ftAvailable September 6, 2025Juniper - Floorplan 1 Apartment Unit: 009Apartment Model: JuniperFrom $1,6911 Bedroom, 1 Bath, 677 sq ftAvailable September 6, 2025Alder
1 Bed, 1 Bath, 714 sq ftModel Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft Unavailable 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 ftUnavailableAlder - Floorplan 1 2 Bedrooms
Birch
2 Beds, 2 Baths, 955 sq ftModel Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft Unavailable Birch 955 sq ft Model Amenities and Features
Features
- Air Conditioning
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Microwave
- Quartz Countertops
- Stainless Steel Appliances
Apartment Model: BirchCall For Rates2 Bedroom, 2 Bath, 955 sq ftUnavailableBirch - Floorplan 1 Arbor
2 Beds, 2 Baths, 965 sq ftModel Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft Unavailable Arbor 965 sq ft Model Amenities and Features
Features
- Air Conditioning
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Microwave
- Quartz Countertops
- Stainless Steel Appliances
Apartment Model: ArborCall For Rates2 Bedroom, 2 Bath, 965 sq ftUnavailableArbor - Floorplan 1 Cedar
2 Beds, 2 Baths, 985 sq ftModel Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft Unavailable 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 ftUnavailableCedar - Floorplan 1 Aspen
2 Beds, 2 Baths, 1009 sq ftModel Gallery
Floorplans
Photos
Availability Details
Availability Date Unit Sq Ft Unavailable 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 ftUnavailableFloorplansPhotosAspen - Image 1 Aspen - Image 2 Aspen - Image 3 Aspen - Image 4 Aspen - Image 5 Aspen - Image 6 Aspen - Image 7 Aspen - Floorplan 8 Spruce
2 Beds, 2 Baths, 1011 sq ftLargest 2 BedroomThis is the largest 2 Bedroom at this PropertyModel Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft Unavailable 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 ftUnavailableSpruce - Floorplan 1 3 Bedrooms
From $2,236
Hemlock
3 Beds, 2 Baths, 1184 sq ftAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $2,236 Available Now 112 1184 $2,239 August 7, 2025 068 1184 Model Amenities and Features
Features
- Air Conditioning
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Microwave
- Quartz Countertops
- Stainless Steel Appliances
Model Rent and Fees
Price Range
- $2,236 - $5,496
Rent Pricing
- $2,236 - $5,496
Unit 112 Rent and Fees
Price
- From $2,236
Model Rent and Fees
Price
- $2,236 - $5,496
Unit 068 Rent and Fees
Price
- From $2,239
Model Rent and Fees
Price
- $2,236 - $5,496
Apartment Model: HemlockFrom $2,2363 Bedroom, 2 Bath, 1184 sq ftAvailable NowHemlock - Floorplan 1 Apartment Unit: 112Apartment Model: HemlockFrom $2,2363 Bedroom, 2 Bath, 1184 sq ftAvailable NowApartment Unit: 068Apartment Model: HemlockFrom $2,2393 Bedroom, 2 Bath, 1184 sq ftAvailable August 7, 2025From $2,344
Noble
3 Beds, 2 Baths, 1207 sq ftAvailable Aug 13Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $2,344 August 13, 2025 055 1207 Model Amenities and Features
Features
- Air Conditioning
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Microwave
- Quartz Countertops
- Stainless Steel Appliances
Unit 055 Rent and Fees
Price
- From $2,344
Model Rent and Fees
Price
- $2,344 - $5,162
Apartment Model: NobleFrom $2,3443 Bedroom, 2 Bath, 1207 sq ftAvailable August 13, 2025Noble - Floorplan 1 Apartment Unit: 055Apartment Model: NobleFrom $2,3443 Bedroom, 2 Bath, 1207 sq ftAvailable August 13, 2025
Schedule a Tour
Property Information
- 132 Units
- 4 Stories
- Built in 2020
- View Property Website
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Pet Policy - Cats and Dogs
- $30 Monthly Pet Rent
- *Breed restrictions apply.
- $400 Deposit
No Brontosauruses Allowed
Pet policies can vary depending on the type of pet. Find out if we accept your pets!
Parking Fees & Info
Parking Surface
- Assigned Parking.
Fee & Deposit Info
One-Time Fees
- $42 Application Fee
Matterport 3D Tours
Features and Amenities
On-Site Services
- Maintenance On Site
- Package Service
- Property Manager On Site
- Public Transportation
- Laundry Facilities
Community Features
- 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
Hours and Contact Info
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 |
Getting Around
Walk Score®
60 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
49 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,691 to $5,496
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?
Yes. Pets are allowed at The Elwood. Call us today for info on moving here with your pet.
Renters Reviews and Ratings
Pretty but poorly constructed
November 5, 2023At 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.Property 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
Read MoreReview from Apartments.com
Amazing views
September 21, 2023The 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
Review from Apartments.com
Great place to live
September 21, 2023The 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
Review from Apartments.com
Great place!
February 12, 2022I 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!
Review from Apartments.com
Read Me
February 11, 2022I'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! -MaiyaProperty 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!
Read MoreReview from Apartments.com
Great location and well maintained apartments
October 1, 2021One 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!Property 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
Read MoreReview from Apartments.com
Nearby Schools
Clackamas High School
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
Colleges and Universities
Groceries
Hospitals
Military Bases
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
Nearby Neighborhoods
Rental Price Ranges in the Area
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Happy Valley Studio Apartments | $1,463 | $1,117 | $2,275 |
Happy Valley 1 Bedroom Apartments | $1,823 | $1,192 | $3,832 |
Happy Valley 2 Bedroom Apartments | $1,993 | $1,395 | $4,635 |
Happy Valley 3 Bedroom Apartments | $2,787 | $1,641 | $5,496 |
Happy Valley 4 Bedroom Apartments | $2,850 | $2,850 | $2,850 |
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