$950 Per Month
- 1 Bed
- 1 Bath
- 700 Sq Ft
- Condo for Rent
209 W High St Unit 209 W. High St. 2 Up, Freeburg, IL 62243
Frequently Asked Questions
How much does it cost to rent a home in Freeburg, IL?
The median rent for a home in Freeburg, IL is $1,050 per month, though prices vary by neighborhood, size, and property type. As of July 2026, single-family homes tend to be the most affordable option while townhouses and condos are currently more expensive.
How much do you need to make to afford rent in Freeburg, IL?
To comfortably afford the median rent in Freeburg, IL, a household needs to earn roughly $42,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,050 per month in Freeburg, IL, renters typically need to show $3,150 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Freeburg, IL?
In Freeburg, IL, the price-to-rent ratio is 21.1, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Freeburg, IL are best for renting a home?
The best neighborhood for renting in Freeburg, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Soulard, Downtown Saint Louis, Benton Park, Downtown West and Dutchtown, each with its own character and price range.
