$1,195/mo
Original price: $1,395
- 2 Beds
- 1 Bath
- 1,218 sqft
404 E Prospect Ter, Freeport, IL 61032
Cost and fees breakdown
Price may not include required fees and charges.
Home Highlights
Apartment
$2,790 deposit
Local Information
-- mins to
About this House
What's unique:Tree-lined streetComfortable bedroomMove-in ready spaceEfficient kitchenLow-maintenance spaceForced-air heating
404-406 E Prospect Ter Charming 2-Story Duplex in Freeport
This charming 2-story duplex has 5 bedrooms and 2 bathrooms across about 2,560 square feet of character-filled living space. Beautiful hardwood floors run throughout, forced-air heating keeps both units comfortable, and the basement adds room for storage or laundry. It sits on a tree-lined street in Freeport with classic Midwestern charm.
Unit 404: 2 bedrooms / 1 bath, about 1,281 sq ft
Unit 406: 3 bedrooms / 1 bath, about 1,281 sq ft
Great Deal-Great Value
This Two-bedroom, One-bathroom apartment offers simplicity and practicality at its best all at a great deal. An open living area, efficient kitchen, and comfortable bedroom make it a functional and low-maintenance space. Ideal for professionals or students looking for a clean, affordable home. Enjoy easy access to local shops, restaurants, and public transit, plus community amenities like parking and laundry facilities. Ideal for professionals or couples looking for a low-maintenance, move-in ready space.
This charming 2-story duplex has 5 bedrooms and 2 bathrooms across about 2,560 square feet of character-filled living space. Beautiful hardwood floors run throughout, forced-air heating keeps both units comfortable, and the basement adds room for storage or laundry. It sits on a tree-lined street in Freeport with classic Midwestern charm.
Unit 404: 2 bedrooms / 1 bath, about 1,281 sq ft
Unit 406: 3 bedrooms / 1 bath, about 1,281 sq ft
Great Deal-Great Value
This Two-bedroom, One-bathroom apartment offers simplicity and practicality at its best all at a great deal. An open living area, efficient kitchen, and comfortable bedroom make it a functional and low-maintenance space. Ideal for professionals or students looking for a clean, affordable home. Enjoy easy access to local shops, restaurants, and public transit, plus community amenities like parking and laundry facilities. Ideal for professionals or couples looking for a low-maintenance, move-in ready space.
Details for 404 E Prospect Ter
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Days on Market: 50 days on Trulia |
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Property Type / Style Property Type: Apartment |
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Lease Term: Contact For DetailsDeposit: $2,790 |
Policies and fees
Pet policy
Dogs
Not allowedCats
Not allowedReport this Listing
Nearby homes
Price and Tax history
| Date | Event | Price |
|---|---|---|
Oct 27, 2026 Source: Zillow Rentals | PriceChange | $1,195 Price decreased by 14% |
Sep 24, 2026 Source: Zillow Rentals | Listed For Rent | $1,395 |
Sep 21, 2026 Source: Zillow Rentals | ListingRemoved | $1,595 |
Sep 12, 2026 Source: Zillow Rentals | PriceChange | $1,595 Price increased by 14% |
Aug 25, 2026 Source: Zillow Rentals | PriceChange | $1,395 Price decreased by 13% |
Jul 30, 2026 Source: Zillow Rentals | Listed For Rent | $1,595 |
Jul 30, 2026 Source: Zillow Rentals | ListingRemoved | $1,595 |
Jun 29, 2026 Source: Zillow Rentals | PriceChange | $1,595 Price increased by 5% |
Apr 17, 2026 Source: Zillow Rentals | Listed For Rent | $1,525 |
Feb 11, 2026 Source: Zillow Rentals | ListingRemoved | $695 |
Jan 30, 2026 Source: Zillow Rentals | Listed For Rent | $695 |
Rental Market Trends in Freeport
Last updated Nov 2026
Trulia Rent Estimate$1,312/mo
Average rent
$366
Available listings
281
Around this home
What Locals Say about Freeport
At least 217 Trulia users voted on each feature.
86 % Say car is needed
85 % Say parking is easy
80 % Say yards are well-kept
80 % Say there are sidewalks
79 % Say it's dog friendly
76 % Say there's holiday spirit
62 % Say kids play outside
56 % Say there's wildlife
55 % Say neighbors are friendly
54 % Say it's quiet
53 % Say people would walk alone at night
42 % Say streets are well-lit
40 % Say they plan to stay for at least 5 years
32 % Say it's walkable to grocery stores
31 % Say it's walkable to restaurants
21 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Local Legal Protections
Local Legal Protections
LGBTQ • Source of Income
Pied Piper Realty LLC
Frequently asked questions about 404 E Prospect Ter
- What income do you need to rent 404 E Prospect Ter?Most landlords look for monthly gross income of about 3× rent, or roughly $45K per year to rent 404 E Prospect Ter in Freeport, IL at $1,195/mo.
- What's the average rent in Freeport?The average rent in Freeport is $366 per month.
- How does the rent for 404 E Prospect Ter compare to similar 2-bedroom apartments in Freeport?404 E Prospect Ter in Freeport, IL rents about 9% above the area average for 2-bedroom apartments in Freeport ($1,100/mo).
- What do residents say about Freeport?Residents describe Freeport, IL as easy to park in, well-kept, and pedestrian-friendly. See apartments for rent in Freeport, IL.
Affordability
TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
$43,020 PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
New Rentals Nearby
Explore by feature - Garage
404 E Prospect Ter, Freeport, IL is a 2 bedroom, 1 bathroom, 1,218 sqft apartment. 404 E Prospect Ter was listed for rent for $1,195/month on Jul 30, 2026.

