Zumper
modified
Updated 3 Days Ago

Location

40 Gilman Falls Ave #2, Old Town, ME 04468, USA

Tour 40 Gilman Falls Ave #2

Contact

Maine Real Estate Management, LLC

(207) 962-2626

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

  • Less expensive

Great for

  • Pet owners

Amenities for 40 Gilman Falls Ave #2

Apartment Amenities

Electric IncludedGas Included
Utilities IncludedWater & Sewer Included

Appliances

Refrigerator

Building

Cats OKNo Laundry Available
Onsite Laundry

Grounds

Off-Street Parking
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

Not allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

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About 40 Gilman Falls Ave #2

Home 40 Gilman Falls Ave #2, Old Town, ME 04468, USA

Spacious, Private 1BR/1BA in Nice Location on Gilman Falls Ave. in Old Town! Available Now! Rent: $1,100/Month Bedrooms: 1 Bathrooms: 1 Available: Available now Lease Term: 9 Months Utilities Included: All utilities included Tenant Responsibilities: None Pets: Cats Negotiable (One-Time Pet Fee) Parking: One assigned spot Laundry: Tenant responsible Unit Features - Private Porch Entrance with a Mud-room Space When You Step Inside. - Spacious Bathroom & Pantry for Storage off the Kitchen. - Nice Green Space for Outdoor Activities. Location Private 1BR/1BA in Nice Location on Gilman Falls Ave. in Old Town Move-In Costs First Month's Rent and Equal Security Deposit due at Move-In. Free Electronic Payment or Cash Card is Required for Monthly Rent Payment. Application fee may apply. Income Guidelines: Ideal income level of a potential tenant is a minimum of 3 times the amount of rent. MREM will consider all regular and verifiable income, including without limitation any applicable public benefits, in determining whether an applicant meets minimum income guidelines. Contact For Lease Details Sewage included Floor Level: 2nd Floor Unit Laminate Flooring One Off Street Parking Spot Pet Friendly Private Entrance Range Oven Vinyl Flooring


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 40 Gilman Falls Ave, Old Town, ME 04468, USA compares to other nearby properties.

Positives

Less expensive
Some rentals at this address are cheaper than similar listings nearby

Considerations

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

Address details

Zip code04468
TypeApartment for rent

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Rent trends in Old Town

1-bedroom apartments at 40 Gilman Falls Ave #2 cost about 4% less than the average rent price for 1-bedroom apartments in Old Town.

Median rents as of Jul 18 2026.
Old Town
A table of 1-bedroom apartment rental data trends in Old Town
MonthMedian Rent
August 2024$1,100
September 2024$1,172
November 2024$1,100
December 2024$1,246
January 2025$1,283
February 2025$1,195
March 2025$1,166
April 2025$1,125
May 2025$1,115
June 2025$1,087
July 2025$1,073
August 2025$1,049
November 2025$1,066
December 2025$1,278
January 2026$1,325
February 2026$1,245
March 2026$1,193
April 2026$1,139
May 2026$1,200
June 2026$1,165
July 2026$1,123

Affordability calculator

Can I afford to live at 40 Gilman Falls Ave #2?

Bedrooms

1 bedroom

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

$44,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $44,000 annually to afford this 1-bedroom monthly rent price of $1,100.
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.
Check out the past listing prices for monthly rent at 40 Gilman Falls Ave, Old Town, ME.
2 years ago$1,0001 bed1 bath
4 years ago$9001 bed1 bath
5 years ago$1,2503 bed1.5 bath

Schools near 40 Gilman Falls Ave #2

Indian Island School

10 wabanaki way

indian island, ME, 4468

K-8Public

Old Town Elementary School

576 stillwater ave

old town, ME, 4468

PK, K-5Public
B-
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Internet available near 40 Gilman Falls Ave #2

Getting around Old Town near 40 Gilman Falls Ave #2

Walking

2/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

4/10
This is semi-bikeable, but you’ll need another way of getting around.

Points of interest for 40 Gilman Falls Ave #2, Old Town

Groceries

3/10
At least one grocery store within a 30-minute walk

Shopping

2/10
Few or no shops within walking distance

Cafes

1/10
Few or no cafés within walking distance

Restaurants

3/10
Few or no restaurants within walking distance

Primary schools

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

High schools

5/10
At least one high school within a 30-minute walk

Nightlife

2/10
Few or no bars within walking distance

Other units at this address

40 Gilman Falls Ave Old Town, ME

Occupied

1

Our team has verified this company

3 Beds

1.5 Baths

$1,375

Days on market: 1349
Spacious, Private 3BR/1.5BA in Nice Location on Gilman Falls Ave. in Old Town! Available Mid-End Dec! - Private Extended Porch that Leads into Three-season Porch for Additional Storage - Eat-in Kitchen with Half Bath & Washer/dryer Hook-ups for Easy Access - Master Bedroom with Private Full Bath & Additional Second Bedroom on the First Level - Huge Third Bedroom Located on the Entire Second Level - Nice Green Space for Outdoor Activities $1,375/mo Includes All Utilities Except for Snow Removal. 6-Month Lease with a 12-Month Renewal Option. Pets Negotiable with Pet Fee. No smoking. First month & Security Deposit Due Upon Occupancy. Free Electronic Payment or Cash Card is Required for Monthly Rent Payment. Application Fee Does Apply. Written verification of income in an amount equal to 3 times the monthly rent per household will be required.

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