Cheap Homes for Rent in Freeport, IL from $800 (14 Rentals)

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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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Freeport, IL Local Guide

Cheapest Available Freeport Apartments for Rent and Nearby

 

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. Greenfield has the second lowest priced unit, which is a 2 Beds apartment currently listed from $650. 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
Greenfield96-a2BR,1BA$650
Dixon River Apartments1BD/1BA1BR,1BA$675
Roberts Court1 Bed, 1 bath1BR,1BA$715
The ArborsOne Bedroom Cypress1BR,1BA$800

Best Value Apartments for Rent in Freeport, IL and Nearby

As of December 23, 2025 the best value apartment in the Freeport area is the $1.38 price per square foot 2BR/1.0BA Model at 197 Flintridge in the in the East Rockford neighborhood starting from $1,365. The second greatest value Freeport apartment is the 4126 Laramie Lane Model at Laramie Apartment Homes starting at $1,300 with a $1.34 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.
197 Flintridge2BR/1.0BA2BR,1BA$1.38
Laramie Apartment Homes4126 Laramie Lane2BR,1BA$1.34
Greenfield96-a2BR,1BA$0.72
518 W Pleasant St, Unit 518518 W Pleasant St2BR,1BA$0.93
Creekview Apartments - 1st Month FREE!Newly Renovated 1BR+Washer/dryer1BR,1BA$1.36
***CREEKVIEW PROPERTIES***Upper floor with dishwasher2BR,1BA$1.31
715 S Canterbury Dr, Unit 3715 S Canterbury Dr2BR,1BA$1.39
Dixon River Apartments1BD/1BA1BR,1BA$1.03
Roberts Court1 Bed, 1 bath1BR,1BA$1.10
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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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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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 $2,560. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Freeport ranging from $825 to $2,200.

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 $825 to $2,200 with an average monthly rent of $1,406.

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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.