Cheap Homes for Rent in Freeport, IL from $700 (6 Rentals)

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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.

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.

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 2 Beds apartment currently listed from $775. 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 Apartments2BD/2BA2BR,1BA$775
Whitestone Manor Apartments529 N Main StudioStudio,1BA$850

Best Value Apartments for Rent in Freeport, IL

As of May 30, 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 201 - 2 Bed / 2 Bath Model at 201 - 207 West Win Heights starting at $1,050 with a $1.04 price per square foot . 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
201 - 207 West Win Heights201 - 2 Bed / 2 Bath2BR,2BA$1.04
Roberts Court2 Beds, 1.5 baths2BR,1.5BA$0.97
The HamptonsRidge Two Bedroom2BR,1BA$1.34
Dixon River Apartments2BD/2BA2BR,1BA$0.92
Creekview ApartmentsNewly Renovated 1BR+Washer/dryer1BR,1BA$1.36
**CREEKVIEW PROPERTIES**Upper floor with dishwasher2BR,1BA$1.31
Windsor Apartment1 Bed 1 Bath1BR,1BA$1.66
Whitestone Manor Apartments529 N Main StudioStudio ,1BA$1.62
Rockford Housing AuthorityOlesen Plaza 1 Bed1BR,1BA$0.98

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Freeport

What type of rentals are currently available in Freeport?

There are currently 94 Apartments for Rent in Freeport, IL with pricing that ranges from $480 to $2,445. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Freeport ranging from $701 to $2,295.

What is the current price range for Rental Homes in Freeport?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Freeport ranges from $701 to $2,295 with an average monthly rent of $1,569.

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

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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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.