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- 1–3 Bedrooms
- $1,652-$4,868Pricing
- 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
- Holding Deposit
- Internet
- 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*
- Trash
Property Contact Info

Floorplan Pricing and Availability
The Elwood offers 1 to 3 Bedroom apartments starting from $1,652 and having 677–1,207 sq ft. Here is the current pricing and availability:
New! Interactive Property Map
1 Bedroom
Show Unavailable FloorplansAlder
From $1,682
1 Bed, 1 Bath, 714 sq ftAvailable Dec 16Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,682 December 16, 2025 128 714 Model Amenities and Features
Features
- Air Conditioning
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Microwave
- Quartz Countertops
- Stainless Steel Appliances
Unit 128 Rent and Fees
Unit Price
- $1,682
Model Rent and Fees
Model Price Range
- $1,682 - $3,354
Apartment Model: AlderFrom $1,6821 Bedroom, 1 Bath, 714 sq ftAvailable December 16, 2025![]()
Alder - Floorplan 1 Apartment Unit: 128Apartment Model: Alder$1,6821 Bedroom, 1 Bath, 714 sq ftAvailable December 16, 2025Olive
From $1,652
1 Bed, 1 Bath, 704 sq ftAvailable Dec 24Cheapest 1 BedroomThis is the cheapest 1 Bedroom at this PropertyModel Gallery
Floorplans
Photos
Availability Details
Price Availability Date Unit Sq Ft $1,652 December 24, 2025 127 704 Model Amenities and Features
Features
- Air Conditioning
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Microwave
- Quartz Countertops
- Stainless Steel Appliances
Unit 127 Rent and Fees
Unit Price
- $1,652
Model Rent and Fees
Model Price Range
- $1,652 - $3,352
Apartment Model: OliveFrom $1,6521 Bedroom, 1 Bath, 704 sq ftAvailable December 24, 2025FloorplansPhotos![]()
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Olive - Floorplan 5 Apartment Unit: 127Apartment Model: Olive$1,6521 Bedroom, 1 Bath, 704 sq ftAvailable December 24, 2025Juniper
1 Bed, 1 Bath, 677-714 sq ftModel Gallery
Floorplans
Availability Details
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 ftUnavailable![]()
Juniper - Floorplan 1 Willow
1 Bed, 1 Bath, 708 sq ftModel Gallery
Floorplans
Availability Details
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 ftUnavailable![]()
Willow - Floorplan 1 2 Bedrooms
Show Unavailable FloorplansBirch
From $2,116
2 Beds, 2 Baths, 955 sq ftAvailable Nov 5Cheapest 2 BedroomThis is the cheapest 2 Bedroom at this PropertyModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $2,116 November 5, 2025 026 955 Model Amenities and Features
Features
- Air Conditioning
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Microwave
- Quartz Countertops
- Stainless Steel Appliances
Unit 026 Rent and Fees
Unit Price
- $2,116
Model Rent and Fees
Model Price Range
- $2,116 - $3,805
Apartment Model: BirchFrom $2,1162 Bedroom, 2 Bath, 955 sq ftAvailable November 5, 2025![]()
Birch - Floorplan 1 Apartment Unit: 026Apartment Model: Birch$2,1162 Bedroom, 2 Bath, 955 sq ftAvailable November 5, 2025Cedar
From $2,166
2 Beds, 2 Baths, 985 sq ftAvailable Nov 12Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $2,166 November 12, 2025 065 985 Model Amenities and Features
Features
- Air Conditioning
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Microwave
- Quartz Countertops
- Stainless Steel Appliances
Unit 065 Rent and Fees
Unit Price
- $2,166
Model Rent and Fees
Model Price Range
- $2,166 - $3,897
Apartment Model: CedarFrom $2,1662 Bedroom, 2 Bath, 985 sq ftAvailable November 12, 2025![]()
Cedar - Floorplan 1 Apartment Unit: 065Apartment Model: Cedar$2,1662 Bedroom, 2 Bath, 985 sq ftAvailable November 12, 2025Arbor
2 Beds, 2 Baths, 965 sq ftModel Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft Call for Availability 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 ftUnavailable![]()
Arbor - Floorplan 1 Aspen
2 Beds, 2 Baths, 1009 sq ftModel Gallery
Floorplans
Photos
Availability Details
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 ftUnavailableFloorplansPhotos![]()
Aspen - Image 1 ![]()
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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 Call for Availability 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 ftUnavailable![]()
Spruce - Floorplan 1 3 Bedrooms
Show Unavailable FloorplansHemlock
From $2,157
3 Beds, 2 Baths, 1184 sq ftAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $2,157 Available Now 024 1184 Model Amenities and Features
Features
- Air Conditioning
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Microwave
- Quartz Countertops
- Stainless Steel Appliances
Unit 024 Rent and Fees
Unit Price
- $2,157
Model Rent and Fees
Model Price Range
- $2,157 - $4,868
Apartment Model: HemlockFrom $2,1573 Bedroom, 2 Bath, 1184 sq ftAvailable Now![]()
Hemlock - Floorplan 1 Apartment Unit: 024Apartment Model: Hemlock$2,1573 Bedroom, 2 Bath, 1184 sq ftAvailable NowNoble
3 Beds, 2 Baths, 1207 sq ftModel Gallery
Floorplans
Availability Details
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 ftUnavailable![]()
Noble - Floorplan 1
Schedule a Tour
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Property Information
- 132 Units
- 4 Stories
- Built in 2020
- View Property Website
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Lease Terms
- 5 - 16 mo
Fees and Policies
The fees below are based on community-supplied data and may exclude additional fees and utilities.
Required Fees
One-Time Move-In Fees
- Due at Application
- Application Fee Per Applicant$42
- Credit Check Fee$42
- Holding Deposit$600
- Due at Move-In
- Security DepositiMay vary based on credit approval and conditional approvalsVaries
Utilities & Essentials
- CableiCableVaries
- Common Area ElectriciCommon Area ElectricVaries
- Common Area GasiCommon Area GasVaries
- ElectriciElectricVaries
- SeweriSewerVaries
- WateriWaterVaries
- InternetiInternetVaries
- TrashiTrashVaries
Other Fees
Personal Add-Ons
- Parking$25/mo
- Pet Deposit$400
- Pet Rent$30/mo
Situational Fees
- Early Termination FeeiEarly Termination Fee150.0% of base rent/per occurrence
- Late FeeiLate Fee$200/per occurrence
- MTM Flat FeeiMonth to Month Flat Fee$0/mo
- NSF Tenant FeeiNSF Tenant Fee$35/per occurrence
Pet Fees
- Dog Deposit$400
- Dog Rent$35/mo
- Cat Deposit$400
- Cat Rent$35/mo
Dog
Cat
Dogs
*Breed restrictions apply. | Restrictions: None
Cats
*Breed restrictions apply. | Restrictions: None
Parking Info and Fees
- Surface Lot
- Assigned Parking
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
- 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 $1,652 to $2,166
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, 2025I 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.
Review from Apartments.com
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
Autozone
Goodwill
Walgreens
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 | $1,386 | $1,090 | $1,797 |
| Happy Valley 1 Bedroom Apartments | $1,653 | $993 | $3,109 |
| Happy Valley 2 Bedroom Apartments | $1,844 | $1,325 | $4,635 |
| Happy Valley 3 Bedroom Apartments | $2,274 | $1,660 | $5,438 |
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