Zumper
modified
Updated 7 Hours Ago

Highlights

  • Pet Friendly
  • Community room
  • On-site retailers
  • Eco-friendly living

Location

1088 Ne 7th Ave, Portland, OR 97232, USA|Lloyd District
Hi! Let’s figure out if this property is right for you.

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Tour Velomor

Contact

Management

American Assets Trust

Leasing office

(844) 325-9182 ext. 9646

Open 

10:00 am–5:00 pm PT

Property Overview

Velomor earns a strong overall rating of 8.4, with standout scores for amenities, location, and quality, plus competitive pricing and solid trustworthiness. It offers community room, on-site retailers, and eco-friendly living, along with features that support social life, fitness and wellness, sustainability, and pet friendliness, while also providing strong value per square foot and good photo coverage.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

9.0
Excellent
Velomor is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Amenities and Price, which help to make this rental a great place to call home.

Things you’ll love

  • More space
  • High school nearby
  • Images Available

Great for

  • Pet owners
  • Eco living
  • Wellness

Floor plans

DStudio1 bath560 sqft$1,482–$1,517 /mo
C1 bed1 bath663 sqft$1,747 /mo1 unit availableOne Bedroom One Bath
F1 bed1 bath695 sqft$1,822 /moOne Bedroom One Bath
N1 bed1 bath729 sqft$1,867 /moOne Bedroom One Bath Walk Up
N21 bed1 bath860 sqft$2,042 /moOne Bedroom One Bath Walk Up w/ Balconies
B2 bed2 bath1,063 sqft$2,424 /mo1 unit availableTwo Bedroom Two Bath
A2 bed2 bath1,125 sqft$2,469 /moTwo Bedroom Two Bath

Let's explore this property.

Amenities for Velomor

Building

Cats OKDogs OK
EV ChargingFitness Center
Front Door Access to MAX Light Rail & Portland StLEED Certified
LEED Platinum CertifiedResidents Lounge

Grounds

Garage ParkingOutdoor Space
Smoke Free Community

Services

Concierge ServiceDaily Coffee Service
Lloyd Farmer’s Market Every Tuesday at Oregon SquareNORM (Natural Organic Recycling Machine) Waste Wat
Stay Healthy with Green Zebra Grocery & Garden Bar St

Neighborhood

Walker’s Paradise with A Walk Score of 92
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Application Fee

Per-applicant. Agent application fee.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

OPTIONAL FEES

Parking Policy

Garage Lot

Monthly parking invoice billed via ACE Parking Management.

Garage Lot

Parking Fee

2 garage lots max. Monthly parking invoice billed via ACE Parking Management.

$165

Dog Policy

Allowed
Limit2
Breed restrictionsYes

(Max number of pets allowed is per household)

Cat Policy

Allowed
Limit2

Other Policy

Not allowed

Cat

Monthly Pet Fee

Monthly. 2 cats max. We are a pet-friendly community that welcomes both cats and dogs. Maximum # of Pets: Two Deposit: $300 per pet Pet Rent: $40 per pet/month.

$40

Pet Deposit

One-time deposit per pet.

$300

Dog

Monthly Pet Fee

Monthly. 2 dogs max. We are a pet-friendly community that welcomes both cats and dogs. Maximum # of Pets: Two Deposit: $300 per pet Pet Rent: $40 per pet/month.

$40

Pet Deposit

One-time deposit per pet.

$300

Questions about this property’s policies and fees?

Building details

Property details

Year built2015
Units177
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About Velomor

HomeApartments in PortlandLloyd District Velomor

At the Velomor, eco-friendly living is easier than ever before. Drop your bike with the valet downstairs and meet up with friends in the community room of your LEED Platinum qualified building. The Velomor has six stories featuring 177 studio, one and two bedroom apartments, as well as an eco-roof garden. Enjoy our on-site retailers within steps from your home! - Orange Theory Fitness, Cafe Yumm, Little Big Burger , Sola Salon, and Evergreens!


Year Built: 2015

Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
9.0
/10
Excellent
Velomor is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Amenities and Price, which help to make this rental a great place to call home.
How we rated Velomor
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Velomor stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Velomor stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Velomor is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·9A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
Velomor has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Velomor provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

Velomor is great for:

Pet owners

  • Outdoor spaces are available at this property
  • 2 dog parks within 1 mile
  • 3 pet grooming services nearby
  • 5 pet hospitals in the area

Eco living

  • LEED certified property
  • On-site recycling or composting options
  • 41 parks within a mile
  • You can get around by foot in this area

Wellness

  • On-site fitness center or gym
  • On-site pool or spa
  • On-site fitness or wellness programs
  • 35 sports facilities (like tennis courts) nearby

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How Velomor compares to other nearby properties.

Positives

More space
Studio is 139 sqft larger than other listings nearby
High school nearby
There is a high school 0.3 mile away
More space
The 2-bedroom is 162 sqft larger than other listings nearby
More space
The 1-bedroom is 74 sqft larger than other listings nearby
Images Available
There are at least 10 photos of this address
Outdoor space
Easy access to the outdoors

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 1 mile away
Greater distance from middle schools
The nearest middle school is farther than 1 mile away

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Rent trends in Lloyd District

Studio apartments at Velomor cost about 37% more than the average rent price for studios in Lloyd District.

1-bedroom apartments here are priced 34% higher than 1-bedrooms in Lloyd District.

If you decide to upgrade your space, you can expect 2-bedrooms at Velomor to be 18% more than the average for similarly sized apartments in Lloyd District.

Median rents as of Aug 15 2026.
Lloyd District
Portland
A table of studio rental data trends in Portland
MonthMedian Rent
August 2024$1,225
September 2024$1,233
October 2024$1,219
November 2024$1,202
December 2024$1,199
January 2025$1,193
February 2025$1,193
March 2025$1,180
April 2025$1,178
May 2025$1,178
June 2025$1,175
July 2025$1,174
August 2025$1,196
September 2025$1,185
October 2025$1,150
November 2025$1,173
December 2025$1,163
January 2026$1,147
February 2026$1,152
March 2026$1,195
April 2026$1,185
May 2026$1,187
June 2026$1,180
July 2026$1,195
August 2026$1,183
A table of studio rental data trends in Lloyd District
MonthMedian Rent
August 2024$1,358
September 2024$1,343
October 2024$1,321
November 2024$1,261
December 2024$1,226
January 2025$1,233
February 2025$1,200
March 2025$1,229
April 2025$1,271
May 2025$1,227
June 2025$1,174
July 2025$1,110
August 2025$1,141
September 2025$1,177
October 2025$1,120
November 2025$1,114
December 2025$1,122
January 2026$1,145
February 2026$1,128
March 2026$1,199
April 2026$1,250
May 2026$1,275
June 2026$1,256
July 2026$1,116
August 2026$1,096

Affordability calculator

Can I afford to live at 1088 Ne 7th Ave?

Bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$59,280/yr

With your selected rent-to-income ratio, you'd ideally want to make $59,280 annually to afford this studio monthly rent price of $1,482.
For more information on rent affordability, visit our rent calculator.

Schools near Velomor

Buckman Elementary School

320 se 16th ave

portland, OR, 97214

K-5Public
B

Winterhaven School

3830 se 14th ave

portland, OR, 97202

K-8Public
A-

Rose City Park

2334 ne 57th ave

portland, OR, 97212

K-5Public
B+

Functional Living Skills Program

11611 ne ainsworth cir

portland, OR, 97220

K-12Public

Washington State School for the Deaf

611 grand blvd

vancouver, WA, 98661

PK, K-12Public
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Internet available near Velomor

Getting around Portland near 1088 Ne 7th Ave

Walking

10/10
No car? No problem. Everything you need is within a few blocks.

Driving

6/10
This area is accessible to thoroughfares and has ample parking options.

Transit

9/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 1088 Ne 7th Ave, Portland

Groceries

9/10
At least one grocery store within a few minutes' walk

Shopping

9/10
Wide variety of shops within a few minutes' walk

Cafes

9/10
Variety of cafés within a few minutes' walk

Restaurants

9/10
Variety of restaurants within a few minutes' walk

Primary schools

4/10
No elementary schools within a 30-minute walk

High schools

9/10
At least one high school within a 10-minute walk

Parks

9/10
Large amount of park space nearby

Nightlife

9/10
Variety of bars within a few minutes' walk

Explore the area around 1088 Ne 7th Ave

Safeway
1100 NE Broadway St
Well Spent Market
935 NE Couch St
Wellspent Market LLC
935 NE Couch St
Corridor 5
306 SE Ash St
New Seasons Market
2004 N Vancouver Ave

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By sending this inquiry, I accept Zumper's Terms and Conditions, Privacy Policy, and Community Values. By providing my phone number, I consent (not a condition of purchase) to be called and texted by Velomor.