Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Freeport area can be challenging. Home prices in Freeport are now at a median cost of $94,280, lower than the Illinois average of $242,002.
The average cost of rent is $733/mo in Freeport, primarily driven by the current value of real estate in the Freeport area. While nearly 51.10% of residents own their homes outright in Freeport, 34.45% rent.
Housing affordability isn’t just about home prices, though. The average household income in Freeport is $4,545 per month. Households that rent pay about 16.12% of their income on rent here. Freeport's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Florence, IL: higher priced homes
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- Ridott, IL: higher priced homes
- Dakota, IL: higher priced homes
- Buena Vista, IL: higher priced homes
Cities with Similar Populations
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- Rosharon, TX: higher priced homes
- Rolla, MO: higher priced homes
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