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- 1–3 Bedrooms
- $1,594-$5,426Pricing
- 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 $1,594 and having 677–1,207 sq ft. Here is the current pricing and availability:
New! Interactive Property Map
1 Bedroom
Juniper
From $1,657
1 Bed, 1 Bath, 677-714 sq ftAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft View Details $1,694 Available Now 086 714 $1,657 April 14, 2026 031 714 Model Amenities and Features
Features
- Air Conditioning
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Microwave
- Quartz Countertops
- Stainless Steel Appliances
Model Rent and Fees
Model Price Range
- $1,657 - $3,275
Current Available Pricing
- $1,657 - $1,694
Unit 086 Rent and Fees
Unit Price
- $1,694
View Details and Rent EstimateModel Rent and Fees
Model Price Range
- $1,657 - $3,275
Unit 031 Rent and Fees
Unit Price
- $1,657
View Details and Rent EstimateModel Rent and Fees
Model Price Range
- $1,657 - $3,275
Apartment Model: JuniperFrom $1,6571 Bedroom, 1 Bath, 677-714 sq ftAvailable Now![]()
Juniper - Floorplan 1 Apartment Unit: 086Apartment Model: Juniper$1,6941 Bedroom, 1 Bath, 714 sq ftAvailable NowApartment Unit: 031Apartment Model: Juniper$1,6571 Bedroom, 1 Bath, 714 sq ftAvailable April 14, 2026Willow
From $1,671
1 Bed, 1 Bath, 708 sq ftAvailable Mar 17Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,671 March 17, 2026 058 708 Model Amenities and Features
Features
- Air Conditioning
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Microwave
- Quartz Countertops
- Stainless Steel Appliances
Unit 058 Rent and Fees
Unit Price
- $1,671
View Details and Rent EstimateModel Rent and Fees
Model Price Range
- $1,671 - $3,096
Apartment Model: WillowFrom $1,6711 Bedroom, 1 Bath, 708 sq ftAvailable March 17, 2026![]()
Willow - Floorplan 1 Apartment Unit: 058Apartment Model: Willow$1,6711 Bedroom, 1 Bath, 708 sq ftAvailable March 17, 2026Alder
From $1,654
1 Bed, 1 Bath, 714 sq ftAvailable Mar 18Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,654 March 18, 2026 040 714 Model Amenities and Features
Features
- Air Conditioning
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Microwave
- Quartz Countertops
- Stainless Steel Appliances
Unit 040 Rent and Fees
Unit Price
- $1,654
View Details and Rent EstimateModel Rent and Fees
Model Price Range
- $1,654 - $2,943
Apartment Model: AlderFrom $1,6541 Bedroom, 1 Bath, 714 sq ftAvailable March 18, 2026![]()
Alder - Floorplan 1 Apartment Unit: 040Apartment Model: Alder$1,6541 Bedroom, 1 Bath, 714 sq ftAvailable March 18, 2026Olive
From $1,594
1 Bed, 1 Bath, 704 sq ftAvailable Mar 27Cheapest 1 BedroomThis is the cheapest 1 Bedroom at this PropertyModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft View Details $1,656 March 27, 2026 028 704 $1,594 May 6, 2026 094 704 Model Amenities and Features
Features
- Air Conditioning
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Microwave
- Quartz Countertops
- Stainless Steel Appliances
Model Rent and Fees
Model Price Range
- $1,594 - $3,427
Current Available Pricing
- $1,594 - $1,656
Unit 028 Rent and Fees
Unit Price
- $1,656
View Details and Rent EstimateModel Rent and Fees
Model Price Range
- $1,594 - $3,427
Unit 094 Rent and Fees
Unit Price
- $1,594
View Details and Rent EstimateModel Rent and Fees
Model Price Range
- $1,594 - $3,427
Apartment Model: OliveFrom $1,5941 Bedroom, 1 Bath, 704 sq ftAvailable March 27, 2026![]()
Olive - Floorplan 1 Apartment Unit: 028Apartment Model: Olive$1,6561 Bedroom, 1 Bath, 704 sq ftAvailable March 27, 2026Apartment Unit: 094Apartment Model: Olive$1,5941 Bedroom, 1 Bath, 704 sq ftAvailable May 6, 20262 Bedrooms
Show Unavailable FloorplansCedar
From $2,027
2 Beds, 2 Baths, 985 sq ftAvailable Mar 21Cheapest 2 BedroomThis is the cheapest 2 Bedroom at this PropertyModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft View Details $2,062 March 21, 2026 043 985 $2,027 March 27, 2026 021 985 $2,092 March 28, 2026 131 985 Model Amenities and Features
Features
- Air Conditioning
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Microwave
- Quartz Countertops
- Stainless Steel Appliances
Model Rent and Fees
Model Price Range
- $2,027 - $3,773
Current Available Pricing
- $2,027 - $2,092
Unit 043 Rent and Fees
Unit Price
- $2,062
View Details and Rent EstimateModel Rent and Fees
Model Price Range
- $2,027 - $3,773
Unit 021 Rent and Fees
Unit Price
- $2,027
View Details and Rent EstimateModel Rent and Fees
Model Price Range
- $2,027 - $3,773
Unit 131 Rent and Fees
Unit Price
- $2,092
View Details and Rent EstimateModel Rent and Fees
Model Price Range
- $2,027 - $3,773
Apartment Model: CedarFrom $2,0272 Bedroom, 2 Bath, 985 sq ftAvailable March 21, 2026![]()
Cedar - Floorplan 1 Apartment Unit: 043Apartment Model: Cedar$2,0622 Bedroom, 2 Bath, 985 sq ftAvailable March 21, 2026Apartment Unit: 021Apartment Model: Cedar$2,0272 Bedroom, 2 Bath, 985 sq ftAvailable March 27, 2026Apartment Unit: 131Apartment Model: Cedar$2,0922 Bedroom, 2 Bath, 985 sq ftAvailable March 28, 2026Aspen
From $2,057
2 Beds, 2 Baths, 1009 sq ftAvailable Apr 10Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft View Details $2,117 April 10, 2026 085 1009 $2,057 April 11, 2026 107 1009 Model Amenities and Features
Features
- Air Conditioning
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Microwave
- Quartz Countertops
- Stainless Steel Appliances
Model Rent and Fees
Model Price Range
- $2,057 - $3,938
Current Available Pricing
- $2,057 - $2,117
Unit 085 Rent and Fees
Unit Price
- $2,117
View Details and Rent EstimateModel Rent and Fees
Model Price Range
- $2,057 - $3,938
Unit 107 Rent and Fees
Unit Price
- $2,057
View Details and Rent EstimateModel Rent and Fees
Model Price Range
- $2,057 - $3,938
Apartment Model: AspenFrom $2,0572 Bedroom, 2 Bath, 1009 sq ftAvailable April 10, 2026![]()
Aspen - Floorplan 1 Apartment Unit: 085Apartment Model: Aspen$2,1172 Bedroom, 2 Bath, 1009 sq ftAvailable April 10, 2026Apartment Unit: 107Apartment Model: Aspen$2,0572 Bedroom, 2 Bath, 1009 sq ftAvailable April 11, 2026Spruce
From $2,112
2 Beds, 2 Baths, 1011 sq ftAvailable Apr 15Largest 2 BedroomThis is the largest 2 Bedroom at this PropertyModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $2,112 April 15, 2026 104 1011 Model Amenities and Features
Features
- Air Conditioning
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Microwave
- Quartz Countertops
- Stainless Steel Appliances
Unit 104 Rent and Fees
Unit Price
- $2,112
View Details and Rent EstimateModel Rent and Fees
Model Price Range
- $2,112 - $3,903
Apartment Model: SpruceFrom $2,1122 Bedroom, 2 Bath, 1011 sq ftAvailable April 15, 2026![]()
Spruce - Floorplan 1 Apartment Unit: 104Apartment Model: Spruce$2,1122 Bedroom, 2 Bath, 1011 sq ftAvailable April 15, 2026Birch
2 Beds, 2 Baths, 955 sq ftModel Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft Call for Availability 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 ftUnavailable![]()
Birch - Floorplan 1 Arbor
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 3 Bedrooms
Show Unavailable FloorplansHemlock
From $2,305
3 Beds, 2 Baths, 1184 sq ftAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $2,305 Available Now 079 1184 Model Amenities and Features
Features
- Air Conditioning
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Microwave
- Quartz Countertops
- Stainless Steel Appliances
Unit 079 Rent and Fees
Unit Price
- $2,305
View Details and Rent EstimateModel Rent and Fees
Model Price Range
- $2,305 - $5,426
Apartment Model: HemlockFrom $2,3053 Bedroom, 2 Bath, 1184 sq ftAvailable Now![]()
Hemlock - Floorplan 1 Apartment Unit: 079Apartment Model: Hemlock$2,3053 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
3D Tours
Property Information
- 132 Units
- 4 Stories
- Built in 2020
- View Property Website
Lease Terms
- 5 - 16 mo
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
- Credit Check FeeiScreening and processing fee (per applicant). Charged Per Unit.$42
- Holding DepositiPayment to hold unit, applied to security deposit. Charged per unit.$600
- 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
Personal Add-Ons
- ParkingiMonthly parking fee. Contact office for details. Charged Per Unit.$25/mo
Situational Fees
- Early Termination FeeiFee to terminate lease early. Charged Per Unit.150.0% of base rent/per occurrence
- Late FeeiLate payment fee. Charged Per Unit.$200/per occurrence
- NSF Tenant FeeiReturned or declined payment fee. Charged Per Unit.$35/per occurrence
- MTM Flat FeeiFee for month-to-month tenancy Charged Per Unit.$0/mo
Pet Fees
- Cat DepositiCharged per Pet.$400
- Cat RentiCharged Per Pet.$35/mo
- Dog DepositiCharged per Pet.$400
- Dog RentiCharged Per Pet.$35/mo
Cat
None
Dog
None
*Breed restrictions apply.
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
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 |
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 $1,594 to $2,305
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
Kaiser Sunnyside Medical Center
Providence Willamette Falls Medical Center
Providence Milwaukie Hospital
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 | $1,299 | $1,100 | $1,650 |
| Happy Valley 1 Bedroom Apartments | $1,622 | $1,100 | $2,500 |
| Happy Valley 2 Bedroom Apartments | $1,877 | $1,200 | $2,625 |
| Happy Valley 3 Bedroom Apartments | $2,353 | $1,757 | $5,438 |
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*Breed restrictions apply.