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40 Free Street offers modern city living with exceptional amenities, including in-unit laundry and a private balcony, contributing to a high amenities rating of 10. The property's location is highly favorable, rated 9 out of 10 for its convenience to schools, transportation, and a wealth of recreational options. With a Zumper expert rating of 7.9 and competitive pricing, this property represents a solid choice for those seeking both value and quality in their living environment.
Things you’ll love
High school nearbyMore spaceDishwasherGreat for
Work-from-home
Eco living
Wellness| 1BR/1.0BA | 1 bed | 1 bath | 654 sqft | $2,555 /mo | 1 unit available | Enjoy modern city living in this beautiful 5th-floor unit featuring a balcony with city views. Located in a newer building completed in 2021, this apartment offers in-unit laundry, stainless steel appliances, and air conditioning. Just steps away from local coffee shops, restaurants, and downtown attractions, you’ll have everything Portland has to offer right outside your door. Rent Includes: • Cold Water • Sewer Tenant Pays: • All other utilities (high-efficiency electric systems) Apartment Features: • Private balcony • In-unit laundry • Stainless steel appliances • Air conditioning Lease Terms: • Security Deposit: Equal to one month’s rent (due at offer acceptance) • First Month’s Rent: Due before move-in • Lease Term: 1 year • Renter’s Insurance required throughout tenancy Available by appointment only Monday through Friday for approved applicants who have submitted a complete application. The unit must be viewed in person (or by proxy) before an offer can be made. How to Apply: Click “APPLY NOW” on the listing to submit your application. Each person 18+ who will live in the unit must complete a separate online application and upload: -Proof of income -Photo ID -Pet photos & current vaccination records (if applicable) Qualification Requirements: -Minimum 2 years of positive rental history -Credit score of 680+ -No criminal history or bankruptcy -Monthly income at least 2.5x the rent (e.g., $2,555 rent → $6,387.50 monthly income) *If you’re new to renting, have limited credit, or don’t meet income requirements, a qualified co-signer may be accepted. |
Let's explore this property.
Appliances
| Dishwasher | In-Unit Laundry |
Building
| Sewer |
Other
| Cold Water |
| Units | 6 |
|---|
Enjoy modern city living in this beautiful 5th-floor unit featuring a balcony with city views. Located in a newer building completed in 2021, this apartment offers in-unit laundry, stainless steel appliances, and air conditioning. Just steps away from local coffee shops, restaurants, and downtown attractions, you’ll have everything Portland has to offer right outside your door. Rent Includes: • Cold Water • Sewer Tenant Pays: • All other utilities (high-efficiency electric systems) Apartment Features: • Private balcony • In-unit laundry • Stainless steel appliances • Air conditioning Lease Terms: • Security Deposit: Equal to one month’s rent (due at offer acceptance) • First Month’s Rent: Due before move-in • Lease Term: 1 year • Renter’s Insurance required throughout tenancy Available by appointment only Monday through Friday for approved applicants who have submitted a complete application. The unit must be viewed in person (or by proxy) before an offer can be made. How to Apply: Click “APPLY NOW” on the listing to submit your application. Each person 18+ who will live in the unit must complete a separate online application and upload: -Proof of income -Photo ID -Pet photos & current vaccination records (if applicable) Qualification Requirements: -Minimum 2 years of positive rental history -Credit score of 680+ -No criminal history or bankruptcy -Monthly income at least 2.5x the rent (e.g., $2,555 rent → $6,387.50 monthly income) *If you’re new to renting, have limited credit, or don’t meet income requirements, a qualified co-signer may be accepted.
How 40 Free Street compares to other nearby properties.
Positives
Considerations
1-bedroom apartments at 40 Free Street cost about 2% more than the average rent price for 1-bedroom apartments in Downtown Portland.
| Month | Median Rent |
|---|---|
| December 2023 | $1,838 |
| January 2024 | $1,868 |
| February 2024 | $1,811 |
| March 2024 | $1,995 |
| April 2024 | $1,911 |
| May 2024 | $1,831 |
| June 2024 | $1,709 |
| July 2024 | $1,911 |
| 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 | $1,692 |
| Month | Median Rent |
|---|---|
| December 2023 | $2,100 |
| January 2024 | $2,300 |
| February 2024 | $2,024 |
| March 2024 | $2,197 |
| April 2024 | $2,215 |
| May 2024 | $2,204 |
| June 2024 | $2,186 |
| 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 | $2,441 |
Can I afford to live at 40 Free St?
Bedrooms
1 bedroomRent-to-income ratio
30%
$102,200/yr
166 brackett st
portland, ME, 4102
