salaryRent is lower than in 88% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 15.9 minutes.
How much money do I need?
To rent here comfortably, you should earn about $39,800 a year. That is $19 an hour at a full-time job.
Is rent cheaper than other Illinois cities?
Yes. Rent here is cheaper than in most of Illinois. It is number 55 of 334 cities from cheapest to most expensive.
How much do households earn in Freeport?
Share of households by yearly income. 15.0% of households earn $100,000 or more.
Rent by apartment size in Freeport
| Size | Freeport | U.S. average |
|---|---|---|
| 1 bedroom | $566 | $1,324 |
| 2 bedrooms | $867 | $1,509 |
| 3 bedrooms | $1,128 | $1,698 |
| 4 bedrooms | $1,328 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Freeport overall?
Everyday prices in Illinois overall are same as the U.S. average (index 100.0, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Freeport, so the Illinois figure is shown.
Taxes and bills in Freeport
Life in Freeport
Is it cheaper to rent or buy in Freeport?
Buying is cheaper month to month: about $356 a month less than renting.
Owning assumes a typical $92,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $9,210 for the down payment.
Frequently asked questions
What is the average rent in Freeport, IL?
Renting in Freeport costs a median of about $995 a month in 2026, including utilities. The Illinois median is $1,517.
How much do I need to make to live in Freeport?
To keep rent under 30% of income, you need about $39,800 a year, or $19 an hour at a full-time job.
Is Freeport cheap or expensive?
Freeport is rated OK: rent takes 21.4% of the typical household income of $55,783. It ranks 55th cheapest of 334 Illinois cities we track.
How much are property taxes in Freeport?
The median homeowner in Freeport pays $2,411 a year in property taxes, about 2.62% of the median home value.
Is Freeport more expensive than the national average?
Overall prices in Illinois are same as 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 $92,100, about 1.7 times the typical yearly household income.
23,505 people live in Freeport. Numbers are typical (middle) values.