Real Estate Investing in Freeport, Illinois

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 29,072 • Stephenson County

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Should you buy in Freeport, IL? Our answer, based on the numbers below.

🏠 For Homebuyers
GREAT FIT
Grade A (86/100)

Strong fundamentals — affordable, appreciating, and stable. A confident pick for primary residence.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 8.6% vacancy may signal weakening demand.

What’s happening in Freeport, IL?

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3.0/ 5

Investability

Citywide average

4.0/ 5

Appreciation

7.8% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $129,770
Avg Monthly Rent $970
ZIP Codes 1

Investing in Freeport Real Estate

Freeport (Illinois) spans 1 ZIPs and roughly a sizable population. plainly the fundamentals here skew distressed, with soft rents, soft appreciation, and structural headwinds worth respecting.

firmly Freeport's aggregate rating of ★★★☆☆ reflects tepid investor metrics across the board — weak rent growth, weak appreciation, and rising-vacancy pressure in multiple ZIPs.

Rent trends and price trends in Freeport are both soft, which is the uncomfortable combination that defines distressed-leaning markets in Illinois.

Demographics in Freeport show real pressure — median income of $N/AK is tepid relative to rents, and the 0% renter share includes significant cost-burdened households.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Freeport, IL

Freeport is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

Real numbers from people who own or manage rentals in Freeport, IL. Anonymous, moderated, never written by AI.

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Avg Home Value
$129,770
Avg Monthly Rent
$970
1% Rule
✗ Below
Landlord Friendly (IL)

📉 Market Crash Risk Index

Based on Freeport, IL metro

1/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
1/3
54%
Days Pending
0/2
0 days

View all metro crash risk rankings →

☀️ Warm Market — Freeport, IL metro
0
Days to pending
11.5%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

🎓 Colleges & Universities in Freeport

1 College 1,369 Students 347 Off-Campus Renters
C+
Highland Community College
2-Year Public · 1,369 students
📍 ~347 students rent off-campus

ZIP Codes in Freeport, IL

Screen every ZIP in Freeport

Filter Freeport’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Freeport, IL

Are tenants stable in Freeport, IL?

The tenant pool in Freeport, IL is solid, supported by local employment and population fundamentals. Rents of $970/mo are well-absorbed by the market.

How does Freeport, IL stack up for property investment?

The 3.0/5 investability rating in Freeport, IL reflects its $130K prices and $970/mo rents. Investors generally consider it a solid option within IL.

Can owner-occupants cash flow in Freeport, IL?

House hacking in Freeport, IL is a challenging. With home values around $130K and rents at $970/mo, owner-occupants can offset a meaningful share of PITI.

Is Freeport, IL a friendly market for rental owners?

Freeport, IL operates under IL law, which is landlord-friendly overall for landlords. Expect stable treatment in typical lease and eviction cases.

What do rentals go for in Freeport, IL?

Rents in Freeport, IL run near $970/mo. Compared with median home prices of $130K that produces solid gross yields for typical rentals.

Community Ratings

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