States › Florida › Freeport

Is Freeport, FL expensive to live in?

OKRent takes 24 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,98413% higher than U.S. average
💵 Families earn per year (2026)$99,206about $8,267/month · 14% higher than U.S. average
🔑 House price$407,80023% higher than U.S. average

Rent is higher than in 68% of U.S. cities. A typical house costs about 4.1 years of household income. Commutes are long, about 37.3 minutes each way.

How much money do I need?

To rent here comfortably, you should earn about $79,360 a year. That is $38 an hour at a full-time job.

Is rent cheaper than other Florida cities?

No. Rent here is more expensive than in most of Florida. It is number 248 of 479 cities from cheapest to most expensive.

Freeport
$1,984
$2,486

How much do households earn in Freeport?

Under $25k
6.9%
$25k–50k
20.8%
$50k–100k
37.4%
$100k–150k
23.3%
$150k+
9.0%

Share of households by yearly income. 32.3% of households earn $100,000 or more.

Rent by apartment size in Freeport

SizeFreeportU.S. average
1 bedroom$1,777$1,324
2 bedrooms$1,906$1,509
3 bedrooms$2,000$1,698
4 bedrooms$3,431$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Freeport overall?

Everyday prices in Florida overall are 3% above the U.S. average (index 103.4, U.S. = 100).

Housing
122
Goods (food, clothes…)
98
Utilities
90
Other services
101
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Freeport, so the Florida figure is shown.

Taxes and bills in Freeport

🏛️ Property tax$2,304a year · 0.56% of home value · U.S. $3,119
⚡ Electric bill$172a month (typical) · U.S. $156

Life in Freeport

Commute to work37.3 minU.S.: 26.4 min
College degree32.7%U.S.: 35.7%
Own their home71.8%U.S.: 65.2%
Below poverty line7.4%U.S.: 12.5%
Unemployment3%U.S.: 5.2%

Is it cheaper to rent or buy in Freeport?

Renting is cheaper right now: about $846 a month less.

Renting
$1,984
Owning
$2,830

Owning assumes a typical $407,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $40,780 for the down payment.

Frequently asked questions

What is the average rent in Freeport, FL?

Renting in Freeport costs a median of about $1,984 a month in 2026, including utilities. The Florida median is $1,963.

How much do I need to make to live in Freeport?

To keep rent under 30% of income, you need about $79,360 a year, or $38 an hour at a full-time job.

Is Freeport cheap or expensive?

Freeport is rated OK: rent takes 24.0% of the typical household income of $99,206. It ranks 248th cheapest of 479 Florida cities we track.

How much are property taxes in Freeport?

The median homeowner in Freeport pays $2,304 a year in property taxes, about 0.56% of the median home value.

Is Freeport more expensive than the national average?

Overall prices in Florida are 3% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Freeport?

The median home value in Freeport is $407,800, about 4.1 times the typical yearly household income.

6,689 people live in Freeport. Numbers are typical (middle) values.