Zumper
modified
5+ Days Ago

Location

409 Fourth Street #5, Old Town, Maine 04468, United States

Tour 409 Fourth Street #5

Contact

MREM Leasing

Maine Real Estate Management, LLC

(207) 945-7543

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
  • Middle school nearby
  • Images available

Great for

  • Pet owners
  • Social life
  • Eco living

Amenities for 409 Fourth Street #5

Apartment Amenities

CarpetGas Included
Water & Sewer Included

Appliances

In-Unit LaundryMicrowave
Refrigerator

Building

Dogs OKOnsite Laundry

Grounds

Off-Street Parking

Other

Dogs OK Up to 25 Pounds
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

Dog Policy

Allowed

Cat Policy

Not allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

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About 409 Fourth Street #5

Home 409 Fourth Street #5, Old Town, Maine 04468, United States

Available Now - First Floor 2-Bedroom/1-Bathroom Apartment – Old Town - Well-maintained 2-bedroom, 1-bath unit has just been repainted and is ready for a new long-term resident. - Dedicated off-street parking directly in front of the unit. - Newly refreshed paint and minor updates throughout. - Private entry, coin-op laundry provided on site. $1,300/month. Heat and Hot Water Included. Tenant pays electric. No cats. Small dogs under 30lbs negotiable with a recurring monthly pet fee. 6-month lease with option to renew for 12-months. Non-Smoking Building. First Month's + 1x Rent Security Deposit Required Upon Move-In. Free Electronic Payment or Cash Card Required for Monthly Rent Payment. 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 Garbage included Sewage included Carpet Coin Op Floor Level: 1st Floor Unit Laminate Flooring Pet Friendly Private Entrance Range Oven Two Off Street Parking Spots 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 409 4th St, Old Town, ME 04468, USA compares to other nearby properties.

Positives

Less expensive
Some rentals at this address are cheaper than similar listings nearby
Middle school nearby
There is a middle school 0.3 mile away
Images available
There are at least 10 photos of this address

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

2-bedroom apartments at 409 Fourth Street #5 cost about 5% less than the average rent price for 2-bedroom apartments in Old Town.

Median rents as of Nov 22 2025.
Old Town
A table of 2-bedroom apartment rental data trends in Old Town
MonthMedian Rent
December 2023$1,237
January 2024$1,250
February 2024$1,250
March 2024$1,306
April 2024$1,382
May 2024$1,395
June 2024$1,351
July 2024$1,350
August 2024$1,092
September 2024$1,350
October 2024$1,404
November 2024$1,331
December 2024$1,292
January 2025$1,332
February 2025$1,336
March 2025$1,496
April 2025$1,455
May 2025$1,415
June 2025$1,397
July 2025$1,385
August 2025$1,362
September 2025$1,389
October 2025$1,370
November 2025$1,391

Affordability calculator

Can I afford to live at 409 Fourth Street #5?

Bedrooms

2 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

$52,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $52,000 annually to afford this 2-bedrooms monthly rent price of $1,300.
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 409 Fourth Street, Old Town, ME.
8 months ago$1,4002 bed1 bath
1 year ago$1,2001 bed1 bath
1 year ago$1,2001 bed1 bath
2 years ago$1,4002 bed1 bath

Schools near 409 Fourth Street #5

Old Town Elementary School

576 stillwater ave

old town, ME, 4468

PK, K-5Public
B-
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Internet available near 409 Fourth Street #5

Getting around Old Town near 409 Fourth Street #5

Walking

4/10
Some shops and stores are within a few minutes.

Driving

8/10
This area is close to freeways and has adequate parking options.

Cycling

4/10
More spots are within biking distance and some roads are cyclist-friendly.

Points of interest for 409 Fourth Street #5, Old Town

Groceries

8/10
At least one supermarket within a 15-minute walk

Shopping

2/10
Some shops within walking distance

Cafes

1/10
Few or no cafés within walking distance

Restaurants

4/10
Some restaurants within walking distance

Primary schools

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

High schools

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

Nightlife

4/10
Some bars within walking distance

Other units at this address

409 4th St Old Town, ME

Occupied

2

Our team has verified this company

2 Beds

1 Bath

$1,400

Days on market: 822
Spacious 2BR/1BA in downtown Old Town! -Quick Commute to UMaine -Huge Sunroom -New Flooring throughout Unit $1400/month, tenants pay electric. 9- or 12-month lease. First month ($1400) & Security Deposit required upon move in. No Smoking. No Pets. Coin Operated Laundry on site. Application Fee Applied. Free Electronic Payment or Cash Card Required for Monthly Rent Payment. MREM will consider all regular and verifiable income, including without limitation any applicable public benefits, in determining whether an applicant meets minimum income guidelines.

Occupied

3

1 Bed

1 Bath

$1,200

Listed by MREM Leasing
Days on market: 144
Available Early August - Spacious 1BR/1BA Located Downtown Old Town! Furnished - Quick Commute to UMaine. First Floor Unit. - Furnished, Move In Ready. - Coin-Op Laundry and Off-Street Parking. 1,200/Month includes heat, hot water, electric, and water/sewer. 12-month lease, First Month Rent + Security Deposit due at Occupancy. No Pets. No Smoking. Free Electronic Payment or Cash Card Required for Monthly Rent Payment. 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. Application fee may apply. Garbage included Sewage included Carpet Coin Op Floor Level: 1st Floor Unit Laminate Flooring One Off Street Parking Spot Range Oven Vinyl Flooring

Occupied

1

2 Beds

1 Bath

$1,400

Listed by MREM Leasing
Days on market: 235
Available Now - Quiet 2BD/1BA apartment located near downtown Old Town! - Freshly Painted throughout the unit. - Two large bedrooms with natural light. - Walking distance to downtown. $1,400/Month includes heat and hot water, Tenant Responsible for electric, 12-month Lease, First Month Rent + Security Deposit due at Occupancy, Cat Negotiable with a $250 one-time pet fee, Two Off-Street Parking Spot, Non-Smoking building. Free Electronic Payment or Cash Card Required for Monthly Rent Payment. MREM will consider all regular and verifiable income, including without limitation any applicable public benefits, in determining whether an applicant meets minimum income guidelines. Application fee may apply. Garbage included Sewage included Carpet Coin Op Floor Level: 1st Floor Unit Laminate Flooring One Off Street Parking Spot Pet Friendly Range Oven Vinyl Flooring

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