Zumper
modified
5+ Days Ago

Highlights

  • Stainless steel appliances
  • Built-in microwave
  • Modern finishes
  • Open-concept layout
  • Wide-plank vinyl flooring
  • Low-maintenance lifestyle

Location

71 Water St, Hallowell, ME 04347, USA
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Contact

Management

Capital Property Management LLC

Leasing office

(207) 215-1712

Property Overview

71 Water offers strong overall value with an 8.5/10 expert rating, highlighted by a perfect 10/10 price score for its competitive balance of cost and features. With modern finishes, stainless steel appliances, a built-in microwave, open-concept layouts, and wide-plank vinyl flooring, it supports a stylish, low-maintenance lifestyle. High amenities and location ratings (both 9/10) indicate convenient access to daily needs—including a well-rated middle school within about 1.6 miles—while a 7/10 trustworthiness score reflects a clear, detailed listing.

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

8.5
Very Good
With a solid 8.5 out of 10 overall, 71 Water is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 71 Water has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Middle school nearby

Great for

  • Pet owners

Floor plans

0BR/1.0BAStudio1 bath300 sqft$1,300 /mo1 unit availableDiscover modern living in this newly renovated studio apartment, perfectly situated in the heart of Hallowell. Overlooking the scenic Kennebec River, this charming unit features brand-new stainless steel appliances, fresh finishes, and an open-concept layout designed for comfort and style. Enjoy the convenience of off-street parking and heat included in your rent, ensuring a hassle-free living experience. Nestled in a prime location, you’ll be just steps away from Hallowell’s vibrant shops, restaurants, and outdoor recreation. Don’t miss this rare opportunity to live in a beautifully updated space with stunning river views. Schedule a showing today!

Let's explore this property.

Amenities for 71 Water

Apartment Amenities

Central HeatHeating
Hot WaterTrash

Appliances

MicrowaveRange
Refrigerator

Building

Water/Sewer

Services

Maintenance
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
Building details

Property details

Units8
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About 71 Water

HomeApartments in Hallowell 71 Water

Discover modern living in this newly renovated studio apartment, perfectly situated in the heart of Hallowell. Overlooking the scenic Kennebec River, this charming unit features brand-new stainless steel appliances, fresh finishes, and an open-concept layout designed for comfort and style. Enjoy the convenience of off-street parking and heat included in your rent, ensuring a hassle-free living experience. Nestled in a prime location, you’ll be just steps away from Hallowell’s vibrant shops, restaurants, and outdoor recreation. Don’t miss this rare opportunity to live in a beautifully updated space with stunning river views. Schedule a showing today!


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.
8.5
/10
Very Good
With a solid 8.5 out of 10 overall, 71 Water is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 71 Water has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated 71 Water
Price·10A 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.
71 Water offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·9A 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.
71 Water goes above and beyond to provide sought-after conveniences and desirable perks, including hot water. Renters looking for popular or luxurious features will find them here—and for that reason, 71 Water receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
71 Water 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·6A 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.
While 71 Water does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
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.
71 Water 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.

71 Water is great for:

Pet owners

  • 2 pet grooming services nearby
  • 2 pet supply stores near the property

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 71 Water compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 2 miles away

Considerations

Grow a garden indoors
A balcony, backyard, or shared outdoor space isn't available
Lacks images
Fewer than 10 photos available for this location
No laundry facilities available
This property doesn't offer on-site or in-unit washers and dryers

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Rent trends in Hallowell

Median rents as of May 9 2026.
Hallowell
A table of 1-bedroom apartment rental data trends in Hallowell
MonthMedian Rent
July 2024$1,250
August 2024$1,200
December 2024$1,295
January 2025$1,295
February 2025$1,200
March 2025$1,200
May 2025$1,350
March 2026$1,500
April 2026$1,500
May 2026$1,575

Affordability calculator

Can I afford to live at 71 Water St?

Bedrooms

Studio

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 studio monthly rent price of $1,300.
For more information on rent affordability, visit our rent calculator.

Schools near 71 Water

Hall-Dale Elementary School

26 garden ln

hallowell, ME, 4347

PK, K-4Public
B

Dresden Elementary School

86 cedar grove rd

dresden, ME, 4342

PK, K-5Public
B-

Monmouth Memorial School

130 academy rd

monmouth, ME, 4259

PK, K-8Public
B

Marcia Buker Elementary School

28 high st

richmond, ME, 4357

PK, K-5Public
C+
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Internet available near 71 Water

Getting around Hallowell near 71 Water St

Walking

3/10
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
More spots are within biking distance and some roads are cyclist-friendly.

Points of interest for 71 Water St, Hallowell

Groceries

8/10
At least one grocery store within a few minutes' walk

Shopping

3/10
Some shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

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

High schools

0/10
No high schools within a 30-minute walk

Nightlife

4/10
Few or no bars within walking distance

Explore the area around 71 Water St

Boynton's Market
153 Water St
Stop & Shop Supermarket Co
221 State St
Harvest Time Natural Foods
171 Capitol St
Shaw's Supermarket
150 Western Ave
Alnaeem Market
295 Water St

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