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Highlights
Pet Friendly
Location
383 Commercial St #416, Portland, ME 04101, USA|Downtown Portland
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Property Overview
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space- Covered parking
- Elevator
Great for
Social life
Wellness
Eco living
Amenities for 383 Commercial St #416, Downtown Portland
Features
| Air Conditioning | Fireplace |
| Hardwood Floor |
Appliances
| Dishwasher | In-Unit Laundry |
Community
| Cats OK | Dogs OK |
| Fitness Center |
Grounds
| Garage Parking |
Services
| Concierge Service |
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
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
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About 383 Commercial St #416
Hobson's Landing has redefined luxury urban living in Portland, Maine's historic Old Port waterfront neighborhood. Envision residing mere steps from the city's renowned award-winning restaurants, specialty shops, numerous museums, live music venues, and stylish galleries. Loft unit #416 boasts a luxurious 2 bed 2 bath home. Offering single-level, upscale interiors featuring hardwood floors throughout, a commanding gas fireplace, a spacious private deck, a master bath with radiant heated floors, washer/dryer, high-efficiency heat and air conditioning systems, concierge service, a club room, a fitness center, dog wash facilities, premium garage parking, and community bicycles. Discover Portland's premier luxury condo community
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 383 Commercial St, Portland, ME 04101, USA compares to other nearby properties.
Positives
- More space
- The 1-bedroom is 282 sqft larger than other listings nearby
- Covered parking
- Garage, covered, or indoor parking is available at this address
- Elevator
- Improved accessibility features
- Fireplace
- Upgraded in-unit features available
- Images available
- There are at least 10 photos of this address
- Outdoor space
- One or more rentals here have easy access to the outdoors
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
Address details
| Neighborhood | Downtown Portland |
|---|---|
| Zip code | 04101 |
| Type | Condo for rent |
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Rent trends in Downtown Portland
1-bedroom apartments at 383 Commercial St #416 cost about 129% more than the average rent price for 1-bedroom apartments in Portland.
Median rents as of Jun 27 2026.
Downtown Portland
Portland
| Month | Median Rent |
|---|---|
| July 2024 | $1,922 |
| August 2024 | $1,756 |
| September 2024 | $1,672 |
| October 2024 | $1,704 |
| November 2024 | $1,738 |
| December 2024 | $1,673 |
| January 2025 | $1,695 |
| February 2025 | $1,778 |
| March 2025 | $1,816 |
| April 2025 | $1,809 |
| May 2025 | $1,711 |
| June 2025 | $1,939 |
| July 2025 | $1,938 |
| August 2025 | $1,778 |
| September 2025 | $1,745 |
| October 2025 | $1,744 |
| November 2025 | $1,707 |
| December 2025 | $1,756 |
| January 2026 | $1,707 |
| February 2026 | $1,652 |
| March 2026 | $1,889 |
| April 2026 | $1,951 |
| May 2026 | $1,879 |
| June 2026 | $1,831 |
| Month | Median Rent |
|---|---|
| July 2024 | $2,500 |
| August 2024 | $2,096 |
| October 2024 | $2,146 |
| November 2024 | $1,889 |
| December 2024 | $1,806 |
| March 2025 | $1,990 |
| April 2025 | $2,093 |
| May 2025 | $2,380 |
| June 2025 | $2,450 |
| July 2025 | $2,385 |
| August 2025 | $2,227 |
| September 2025 | $2,290 |
| October 2025 | $2,323 |
| November 2025 | $2,427 |
| December 2025 | $2,483 |
| January 2026 | $2,392 |
| February 2026 | $2,385 |
| March 2026 | $2,322 |
| April 2026 | $2,142 |
| May 2026 | $2,124 |
| June 2026 | $2,133 |
Affordability calculator
Can I afford to live at 383 Commercial St #416?
Bedrooms
1 bedroomRent-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
$200,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $200,000 annually to afford this 1-bedroom monthly rent price of $5,000.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| Last month | $3,250 | 1 bed | 0 bath | ||
| 2 months ago | $1,950 | 1 bed | 1 bath | ||
| 2 months ago | $1,860 | 1 bed | 1 bath | ||
| 2 months ago | $4,600 | 2 bed | 2 bath | ||
| 1 year ago | $4,200 | 1 bed | 0 bath | ||
| 1 year ago | $4,500 | 2 bed | 0 bath | ||
| 2 years ago | $3,200 | 1 bed | 1 bath | ||
| 3 years ago | $3,450 | 1 bed | 1 bath | ||
| 4 years ago | $3,750 | 1 bed | 1 bath |
Schools near 383 Commercial St #416
Howard C. Reiche Community School
166 brackett st
portland, ME, 4102
PK, K-5Public
C+
C.K. Burns School
135 middle st
saco, ME, 4072
3-5Public
B
Young School
36 tasker st
saco, ME, 4072
K-2Public
B+
Saco Pre-K
5 willey rd
saco, ME, 4072
PKPublic
Governor John Fairfield School
75 beach st
saco, ME, 4072
K-2Public
B+
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Internet available near 383 Commercial St #416
Getting around Portland near 383 Commercial St #416
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 383 Commercial St #416, Portland
Groceries
9/10
At least one supermarket within a 5-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
8/10
Variety of restaurants within a few minutes' walk
Primary schools
6/10
At least one elementary school within a 15-minute walk
High schools
7/10
At least one high school within a 15-minute walk
Nightlife
6/10
Several bars within a few minutes’ walk
Other units at this address
383 Commercial St, Portland, ME
383 Commercial St Portland, ME
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1 Bath
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– Baths
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In-Unit Laundry • Furnished • Fireplace • Hardwood Floor
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1 Bed
1 Bath
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In-Unit Laundry • Fireplace • Assigned Parking • Hardwood Floor
Occupied
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1 Bed
– Baths
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In-Unit Laundry • Fireplace • Dishwasher • Furnished
Occupied
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– Baths
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In-Unit Laundry • Fireplace • Dishwasher
Occupied
1
2 Beds
2 Baths
$4,600
Balcony • Air Conditioning • Dishwasher • Hardwood Floor
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