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Newest Homes for Rent in Freeburg, IL

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  • /15

    $1,100 Per Month

    • 2 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • Condo for Rent

    409 W Washington St, Freeburg, IL 62243

    Available NowSpacious 2 Bedroom, 1 Bathroom Lower-Level Unit – 1,000 Sq. Ft. This charming lower-level unit offers a bright, open layout with wood and ceramic flooring throughout. The eat-in kitchen features a breakfast bar, stainless steel appliances (electric stove, refrigerator, dishwasher, and microwave), and ample cabinet space for all your storage needs. The kitchen opens to

    409 W Washington St, Freeburg, IL 62243
  • /18

    $825 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    309 Southgate Dr, Freeburg, IL 62243

    Large one-bedroom apartment in small complex. Completely updated, located at the end of the series of apartments! Shared back patio, laundry hook-ups, off-street parking on quiet street. Close to town, shops & dining! Credit score must be 550+, NO PETS.By submitting your information on this page you consent to being contacted by the Property Manager and RentEngine via SMS, phone, or email.

    309 Southgate Dr, 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 $962 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while townhouses and single-family homes 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 $38,480 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 $962 per month in Freeburg, IL, renters typically need to show $2,886 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 22.1, 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, Carondelet, Downtown Saint Louis, Marine Villa and McKinley Heights, each with its own character and price range.

Rental Home Trends in Freeburg, IL

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$962
Median Single Family Home Rent
$1,148
Median Townhouse Rent
$1,023
Median Condo Rent
$825
How to Rent a Home