40 Free Street

$2,276 - This apartment is part of Portland’s Inclusionary Zoning Program, which sets specific household income limits and maximum allowable rent. ***Please review all details and confirm that your household qualifies before applying.***

Household Size: Minimum 1 tenant / Maximum 2 tenants
Income Range for a 2-person household:
→ Minimum annual income: $59,850
→ Maximum annual income: $111,300

Enjoy modern city living in this beautiful 3rd-floor corner 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:
• Corner Unit, 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., $2,455 rent → $6,137.50 monthly income)

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