Cheap Apartments for Rent in Freeport, IL from $400 (41 Rentals)

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Search the lowest-cost Apartments available for rent right now in Freeport.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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177 Flintridge Dr
1 Bedroom Apartments

177 Flintridge Dr

177 Flintridge DrRockford, IL 61107
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Carthage Apartments
1 to 2 Bedroom Apartments

Carthage Apartments

4440 Carthage DrRockford, IL 61109
  • Utilities Included
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2816 Rudeen Close
1 to 2 Bedroom Apartments

2816 Rudeen Close

2816 Rudeen CloseRockford, IL 61108
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4418 Eastridge Dr
1 Bedroom Apartments

4418 Eastridge Dr

4418 Eastridge DrRockford, IL 61107

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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4471 Carthage Dr
2 Bedroom Apartments

4471 Carthage Dr

4471 Carthage DrRockford, IL 61109
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Windsor Apartment
1 to 2 Bedroom Apartments

Windsor Apartment

5400 Windsor RdLoves Park, IL 61111
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4210-4212 7th St
2 Bedroom Apartments

4210-4212 7th St

4210-4212 7th StRockford, IL 61109
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4703 Turner St
Studio to 2 Bedroom Apartments

4703 Turner St

4703 Turner StRockford, IL 61107
  • Utilities Included
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4714 Trevor Cir
1 to 2 Bedroom Apartments

4714 Trevor Cir

4714 Trevor CirRockford, IL 61109
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4566 Governors Dr
1 to 2 Bedroom Apartments

4566 Governors Dr

4566 Governors DrRockford, IL 61109

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-41, Page 1 of 1

Freeport, IL Local Guide

Cheapest Available Freeport Apartments for Rent

 

The cheapest available apartment rental in Freeport, IL is a 2 Beds unit found at Rockford Housing Authority in the Central Terrace neighborhood priced from $480. Dixon River Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Freeport apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rockford Housing AuthorityPark Terrace 2 Bed2BR,1BA$480
Dixon River Apartments1BD/1BA1BR,1BA$675
Whitestone Manor Apartments529 N Main StudioStudio,1BA$850
Halsted Park Apartments1 Bedroom, 1 Bath 725 sqft1BR,1BA$899
Great Oaks ApartmentsPrimrose at Great Oaks1BR,1BA$901
Creekview ApartmentsNewly Renovated 1BR1BR,1BA$995
3036 La Salle Ave1BR/1.0BA1BR,1BA$1,000
**CREEKVIEW PROPERTIES**Garden2BR,1BA$1,000
Harrison AveHarrison Ave - 2 Bedroom (Balcony)2BR,1BA$1,050
Riverside Glen Apartments2 Bedroom 1.5 Bath2BR,1BA$1,174

Best Value Apartments for Rent in Freeport, IL

As of April 16, 2026 the best value apartment in the Freeport area is the $1.38 price per square foot 3BR/2.0BA Model at The Haven at Willow Creek in the in the North Rock neighborhood starting from $1,700. The second greatest value Freeport apartment is the Courtyard Two Bedroom Two Car Garage Model at The Hamptons starting at $1,708 with a $1.58 price per square foot in the Rolling Green neighborhood. Here is today’s list of the best values for Freeport apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Haven at Willow Creek3BR/2.0BA3BR,2BA$1.38
The HamptonsCourtyard Two Bedroom Two Car Garage2BR,2BA$1.58
Pembrook PlaceChestnut Two2BR,1BA$1.56
201 - 207 West Win Heights201 - 2 Bed / 2 Bath2BR,2BA$1.04
Riverside Glen Apartments2 Bedroom 1.5 Bath2BR,1.5BA$1.23
Creekview ApartmentsNewly Renovated 1BR+Washer/dryer1BR,1BA$1.36
**CREEKVIEW PROPERTIES**Upper floor with dishwasher2BR,1BA$1.31
Harrison AveHarrison Ave - 2 Bedroom (Balcony)2BR,1BA$1.40
Dixon River Apartments1BD/1BA1BR,1BA$1.03
Rockford Housing AuthorityOlesen Plaza 1 Bed1BR,1BA$0.98

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Freeport, IL

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Frequently Asked Questions about Cheap Freeport Apartments

How much is rent for a Cheap One Bedroom Freeport Apartment?

The lowest price for a Cheap One Bedroom Freeport Apartment is $480 at Rockford Housing Authority.

What is the lowest price for a Cheap Two Bedroom Freeport Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Freeport is starting from $480 at Rockford Housing Authority.

What is the most affordable Freeport Three Bedroom Apartment?

The best deal on a cheap Freeport Three Bedroom Apartment rental is at Dixon River Apartments and starts from $910.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.