505

Experience stylish city living at 40 Free Street, a contemporary 6-story building completed in 2021. Unit 505 is a beautiful 5th-floor, 1-bedroom, 1-bathroom apartment featuring a balcony with a view of Free St, modern finishes, and right in the heart of downtown Portland. Enjoy easy access to local shops, restaurants and coffee spots.

Apartment Features:
-5th-floor unit with balcony view of Free St.
-In-unit laundry
-Stainless steel appliances
-Air conditioning
-Bike storage on the first floor

Rent Includes:
-Cold water
-Sewer

Tenant Pays:
-All other utilities (high-efficiency electric systems)

Parking Options:
-Outdoor surface lot: $160/month
-Garage (waitlist): $180/month when available

Pet-friendly building! $40/month per pet (size, age, and breed restrictions may apply)

Showings:
Available by appointment only Monday through Friday for qualified applicants who have submitted a complete rental 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., $2,455 rent → $6,137 monthly income)

*If you’re new to renting, have limited credit, or don’t meet income requirements, a qualified co-signer may be accepted.