Zumper
modified
5+ Days Ago

Highlights

  • On-site laundry
  • Off-street parking
  • Stainless steel appliances
  • Modern finishes
  • Fully renovated unit
  • All utilities

Location

61 Water St, Hallowell, ME 04347, USA
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Contact

Management

Capital Property Management LLC

Leasing office

(207) 215-1712

Property Overview

61 Water offers strong value, standout amenities, and a highly convenient location, with an 8.8 Zumper expert rating and top scores for price and amenities. It also features on-site laundry, off-street parking, stainless steel appliances, modern finishes, fully renovated units, and all utilities included, while nearby highly rated schools and exceptional value for money add to its appeal.

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

8.8
Very Good
With a solid 8.8 out of 10 overall, 61 Water is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 61 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

  • Elementary school nearby
  • High school nearby
  • Less expensive

Great for

  • Eco living
  • Social life
  • Wellness

Floor plans

0BR/1.0BAStudio1 bath$1,100–$1,400 /mo2 units availableEnjoy easy downtown living in this beautifully brand-new, first-floor studio apartment with riverview views in the heart of downtown Hallowell. This fully renovated unit features all stainless steel appliances, modern finishes, and a bright, efficient layout. All utilities are included except electricity, making budgeting simple. Additional conveniences include on-site laundry and off-street parking. Dogs: $50/mo Cats: $25/mo Steps from shops, restaurants, and the Kennebec River, this studio offers comfort, convenience, and charm in one of Hallowell’s most desirable locations.

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Amenities for 61 Water

Apartment Amenities

Central HeatHeating
Hot WaterTrash
Utilities Included

Appliances

MicrowaveRange
Refrigerator

Building

Water/Sewer

Services

LandscapingMaintenance
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

Units12
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About 61 Water

HomeApartments in Hallowell 61 Water

Enjoy easy downtown living in this beautifully brand-new, first-floor studio apartment with riverview views in the heart of downtown Hallowell. This fully renovated unit features all stainless steel appliances, modern finishes, and a bright, efficient layout. All utilities are included except electricity, making budgeting simple. Additional conveniences include on-site laundry and off-street parking. Dogs: $50/mo Cats: $25/mo Steps from shops, restaurants, and the Kennebec River, this studio offers comfort, convenience, and charm in one of Hallowell’s most desirable locations.


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.
8.8
/10
Very Good
With a solid 8.8 out of 10 overall, 61 Water is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 61 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 61 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.
61 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·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.
61 Water 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, 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.
61 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 61 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.
61 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.

61 Water is great for:

Eco living

  • 4 parks within a mile
  • Public transit available nearby
  • You can get around by foot in this area
  • On-site recycling or composting options

Social life

  • 20 restaurants within 1 mile of this property
  • Areas nearby are accessible by walking
  • 7 theaters, music venues, or sports arenas nearby
  • 1 local event hub within 1 mile

Wellness

  • 2 health/wellness centers nearby
  • 3 sports facilities (like tennis courts) nearby
  • 4 parks nearby
  • 5 gyms or yoga centers 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 61 Water compares to other nearby properties.

Positives

Elementary school nearby
There is an elementary school 2 miles away
High school nearby
There is a high school 2 miles away
Less expensive
Studio units are cheaper than other similar listings nearby

Considerations

Fewer storage options
Limited cabinet or closet space
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 Jul 4 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$1,597
June 2026$1,500
July 2026$1,513

Affordability calculator

Can I afford to live at 61 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

$44,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $44,000 annually to afford this studio monthly rent price of $1,100.
For more information on rent affordability, visit our rent calculator.

Schools near 61 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 61 Water

Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Hallowell near 61 Water St

Walking

4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).

Driving

9/10
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 61 Water St, Hallowell

Groceries

7/10
At least one grocery store within a 15-minute walk

Shopping

3/10
Some shops within walking distance

Cafes

5/10
Some cafés within walking distance

Restaurants

4/10
Some restaurants within walking distance

Primary schools

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

High schools

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

Nightlife

3/10
Few or no bars within walking distance

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