A damping valve (V) comprising: a valve element member including a pressure control valve element and an open/close valve element , the pressure control valve element being seated on and liftable from a pressure control valve seat to open and close a flow passage , the open/close valve element being seated on and liftable from an open/close valve seat to open and close a downstream side of the flow passage with respect to a part opened and closed by the pressure control valve element ; an elastic member interposed between a spring receiver and the valve element member , the elastic member being configured to bias the valve element member in a direction in which the pressure control valve element separates from the pressure control valve seat and in which the open/close valve element approaches the open/close valve seat ; and a solenoid (S) configured to be capable of driving the valve element member against a biasing force by the elastic member in a direction in which the pressure control valve element approaches the pressure control valve seat , wherein in a state in which the elastic member has a natural length, a clearance is formed between the open/close valve element and the open/close valve seat , characterized in that the solenoid (S) includes a shaft with a small-diameter portion at a distal end, the valve element member includes a socket at an end portion, and the damping valve (V) further includes a second elastic member , the second elastic member having one end fitted to an outer periphery of the small-diameter portion and other end fitted to an inner periphery of the socket . a valve element member including a pressure control valve element and an open/close valve element , the pressure control valve element being seated on and liftable from a pressure control valve seat to open and close a flow passage , the open/close valve element being seated on and liftable from an open/close valve seat to open and close a downstream side of the flow passage with respect to a part opened and closed by the pressure control valve element ; an elastic member interposed between a spring receiver and the valve element member , the elastic member being configured to bias the valve element member in a direction in which the pressure control valve element separates from the pressure control valve seat and in which the open/close valve element approaches the open/close valve seat ; and a solenoid (S) configured to be capable of driving the valve element member against a biasing force by the elastic member in a direction in which the pressure control valve element approaches the pressure control valve seat , wherein in a state in which the elastic member has a natural length, a clearance is formed between the open/close valve element and the open/close valve seat , characterized in that the solenoid (S) includes a shaft with a small-diameter portion at a distal end, the valve element member includes a socket at an end portion, and the damping valve (V) further includes a second elastic member , the second elastic member having one end fitted to an outer periphery of the small-diameter portion and other end fitted to an inner periphery of the socket . <EOS>