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Hey Everyone, I bumped this post because I didn't see it sticky'd but as soon as I responded, It's Sticky again for some reason! So Good To Know, Hope it helps many of you create amazing works of Art for the Workshop! Enjoy =)
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3DS Max seems nice and cool and all that, except for one thing - we who are a "wee bit" older that the required student license limit, must pay a rather hefty sum for access to that software - therefore this question;
Is there any similar FREE software out there, one could use in the same manner?
Yes, there's Blender.org which is free and can do everything you need for Cities (and much more). 
There's "Blender", which you can get on https://www.blender.org/
It's a tool for many purposes and can be a bit overwhelming, but there are many tutorials available.
Search for "Blender" + "Cities Skylines" or "Unity" (the games engine) + "asset creation".
Edit: too late...