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40 Free Street presents a solid option for renters, highlighted by a Zumper Expert Rating of 7.9 and a competitive price rating of 7. The property excels in amenities with a perfect score of 10, complemented by a prime location rated 9, providing easy access to various local attractions. Notable features include modern finishes, air conditioning, and in-unit laundry, while its advantages range from sustainability and fitness wellness to vibrant social life opportunities, making it a versatile choice in the market.
Things you’ll love
High school nearbyMore spaceDishwasherGreat for
Social life
Wellness
Pet owners| 1BR/1.0BA | 1 bed | 1 bath | 652+ sqft | $2,455–$2,645 /mo | 3 units available | Enjoy modern city living in this beautiful 4th-floor unit featuring beautiful 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: • Free St View • 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., $2,645 rent → $6,612.50 monthly income) *If you’re new to renting, have limited credit, or don’t meet income requirements, a qualified co-signer may be accepted. Rental Terms Rent: $2,645 Security Deposit: $2,645 Available Now Pet Policy Cats allowed Dogs allowed Amenities Elevator High-Efficiency Heat Pump Secure Lobby & Mail Area Bike Storage Air Conditioning In Unit Washer/Dryer Secure Entry Utilities Included Cold Water Sewer Appliances Heat Pumps Stainless Steel Dishwasher Stainless Steel Refrigerator Stainless Steel Microwave Stainless Steel Oven/Range Washer and Dryer |
Let's explore this property.
Apartment Amenities
| Air Conditioning | Heat Pump |
| Utilities Included |
Appliances
| Dishwasher | Garbage Disposal |
| In-Unit Laundry | Stainless Steel Dishwasher |
| Stainless Steel Microwave | Stainless Steel Oven & Range |
| Stainless Steel Refrigerator |
Building
| Bike Storage | Cats OK |
| Controlled Entry | Dogs OK |
| Elevator | Sewer |
Grounds
| Storage |
Other
| Cold Water |
One-time.
One-time. Refundable.
Questions about this property’s policies and fees?
| Units | 51 |
|---|
Enjoy modern city living in this beautiful 4th-floor unit featuring beautiful 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: • Free St View • 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., $2,645 rent → $6,612.50 monthly income) *If you’re new to renting, have limited credit, or don’t meet income requirements, a qualified co-signer may be accepted. Rental Terms Rent: $2,645 Security Deposit: $2,645 Available Now Pet Policy Cats allowed Dogs allowed Amenities Elevator High-Efficiency Heat Pump Secure Lobby & Mail Area Bike Storage Air Conditioning In Unit Washer/Dryer Secure Entry Utilities Included Cold Water Sewer Appliances Heat Pumps Stainless Steel Dishwasher Stainless Steel Refrigerator Stainless Steel Microwave Stainless Steel Oven/Range Washer and Dryer
How 40 Free Street compares to other nearby properties.
Positives
Considerations
1-bedroom apartments at 40 Free Street cost about 17% more than the average rent price for 1-bedroom apartments in Downtown Portland.
| Month | Median Rent |
|---|---|
| April 2024 | $1,883 |
| 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 | $1,707 |
| December 2025 | $1,756 |
| January 2026 | $1,707 |
| February 2026 | $1,652 |
| March 2026 | $1,889 |
| Month | Median Rent |
|---|---|
| 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 | $2,427 |
| December 2025 | $2,483 |
| January 2026 | $2,392 |
| February 2026 | $2,385 |
| March 2026 | $2,322 |
Can I afford to live at 40 Free St?
Bedrooms
1 bedroomRent-to-income ratio
30%
$98,200/yr
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