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Freeport, IL Condos for Rent

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  • /18

    $1,525 Per Month

    • 4 Beds
    • 2 Baths
    • 2,560 Sq Ft
    • Condo for Rent

    404 E Prospect Terrace, Freeport, IL 61032

    OWN THIS HOME — Don't Just Rent It! 4-bed, 2-bath charming 2-story home with 2,560 sqft of character-filled living space. Beautiful hardwood floors throughout, central air conditioning, forced air heating, and a 1-car garage. Located on a tree-linedstreet in Freeport with classic Midwestern charm. OWNERSHIP OPPORTUNITY: This property qualifies for the Pied Piper Group

    404 E Prospect Terrace, Freeport, IL 61032
  • /4

    $650 Per Month

    • 1 Bed
    • 1 Bath
    • 600 Sq Ft
    • 11 1/2 N Van Buren Ave, 301-301

    11 1/2 N Van Buren Ave Unit 301, Freeport, IL 61032

    For Rent 1 Bedroom apartment.11 N. Van Buren, Freeport, IL. Heat included. Renter only pays electric. $650 Rent, $650 move in fee.No dogs, cat is ok. No smoking in the property.$20 online applicationAnd Setup a Showing atAppliances & Features: Stove FridgeLease Term: 12 monthsYear Built: 1920Rental Assistance: NoFifty-five

    11 1/2 N Van Buren Ave Unit 301, Freeport, IL 61032
  • /6

    $1,495 Per Month

    • 2 Beds
    • 1 Bath
    • 962 Sq Ft
    • Condo for Rent

    810 E Shawnee St, Freeport, IL 61032

    OWN THIS HOME — Don't Just Rent It!3-bed, 1-bath charming 2-story home with 1,633 sqft of character-filled living space. Beautiful hardwood floors throughout, central air conditioning, forced air heating, and a 1-car garage. Located on a tree-linedstreet in Freeport with classic Midwestern charm.OWNERSHIP OPPORTUNITY: This property qualifies for the Pied Piper Group Homeownership

    810 E Shawnee St, Freeport, IL 61032
  • /2

    $1,625 Per Month

    • 5 Beds
    • 2 Baths
    • 2,672 Sq Ft
    • 1219 1/2 S Chicago Ave

    1219 1/2 S Chicago Ave, Freeport, IL 61032

    OWN THIS HOME — Don't Just Rent It! 5-bed, 2-bath charming 2-story home with 2,672 sqft of character-filled living space. Beautiful hardwood floors throughout, central air conditioning, forced air heating, and a 1-car garage. Located on a tree-linedstreet in Freeport with classic Midwestern charm. OWNERSHIP OPPORTUNITY: This property qualifies for the Pied Piper Group

    1219 1/2 S Chicago Ave, Freeport, IL 61032
  • /24

    $1,595 Per Month

    • 3 Beds
    • 2 Baths
    • 2,544 Sq Ft
    • 434 1/2 S State Ave

    434 1/2 S State Ave, Freeport, IL 61032

    OWN THIS HOME — Don't Just Rent It! 3-bed, 2-bath charming 2-story home with 2544 sqft of character-filled living space. Beautiful hardwood floors throughout, central air conditioning, forced air heating. Located on a tree-linedstreet in Freeport with classic Midwestern charm. OWNERSHIP OPPORTUNITY: This property qualifies for the Pied Piper Group Homeownership Program a

    434 1/2 S State Ave, Freeport, IL 61032
  • /7

    $950 Per Month

    • 2 Beds
    • 1 Bath
    • 800 Sq Ft
    • Condo for Rent

    1763 S Hance Dr Unit 6, Freeport, IL 61032

    For Rent in Freeport IL, 2 Bedroom Condo apartment.1763 S Hance, Freeport IL.Laundry room, patio, small storage unit. Renter pays only electric which includes heat.Located on 2nd floor.No smoking in the apartment.Pets ok with approval.1 car garage.$950 Monthly rent. $950 Move in fee.2 year lease required.Pet(s) ok with approval.*freshly painted and new

    1763 S Hance Dr Unit 6, Freeport, IL 61032

Frequently Asked Questions

How much does it cost to rent a condo in Freeport, IL?
The median rent for a condo in Freeport, IL is $1,238 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Freeport, IL?
To comfortably afford the median rent in Freeport, IL, a household needs to earn roughly $52,000 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 $1,300 per month in Freeport, IL, renters typically need to show $3,900 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 Freeport, IL?
In Freeport, IL, the price-to-rent ratio is 5.8, 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.

Rental Home Trends in Freeport, IL

Rental Home Trends

Number of Condos for Rent
6
Median Condo Rent
$1,238
Median 1 Bedroom Condo Rent
$650
Median 2 Bedroom Condo Rent
$850
Median 3 Bedroom Condo Rent
$1,595
How to Rent a Home