Libertad station was constructed as part of the original alignment of Metrorail (present-day LRT-1), beginning in September 1981, after an economic recession delayed the project’s initial timeline.

It formed part of the line's first constructed segment along Taft Avenue between EDSA and Libertad in Pasay.

[1] It was opened to the public on December 1, 1984, as part of LRT’s initial southern section, known as the Taft Line, which was the first segment to become operational.

Jeepneys that leave adjacent to the station head along Arnaiz Avenue for various parts of Caloocan, Makati, Manila, and Pasay.

[3] The station is adjacent to retail establishments especially the Pasay City Mall and Public Market and Wellcome Plaza (also known as Masagana Citimall, which houses a Puregold branch).