404 E  Prospect Ter, Freeport, IL 61032
Property image
Property image
FOR RENT

$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

  • Map ViewExplore the area around 404 E Prospect Ter.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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.

Details for 404 E Prospect Ter

Days on Market

Days on Market: 50 days on Trulia

Property Information

Property Type / Style
Property Type: Apartment

Rental Terms, Policies & Fees

Lease Term: Contact For DetailsDeposit: $2,790

Policies and fees

Pet policy

Dogs
Not allowed
Cats
Not allowed
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Price and Tax history

DateEventPrice
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%

Rental Market Trends in Freeport

Last updated Nov 2026
Trulia Rent Estimate$1,312/mo
Average rent
$366
Available listings
281
View rental market trends in Freeport, IL

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.
  • Stephen Ehart
    "We’ve lived here for 2 years and find Freeport to be a friendly and welcoming community. After living in Southern California for 30 years it’s like a breath of fresh air. No traffic jams, crime rate is low, and plenty of shopping and eateries. Beautiful parks and good city services. Happy we found Freeport "
  • Amber Hawrysko
    "I moved here last year and didn’t realize the crime was so high, peoples dogs run every. Just had a night or kid got attacked and no one cares about their property "
  • Anthony L Jones
    "It’s not, just a regular neighborhood, it’s quiet and somewhat peaceful, some people prefer drama but most of us stay out the way by working and raising our children."
  • Andrea K. M.
    "My neighborhood is quiet and the neighbors are very friendly. It’s a mix of young families and older couples."
  • Almondcrisp
    "It’s very spacious. Dogs would love running around whenever they got the chance. Even renting over here with a dog isn’t so bad."
  • Mel C.
    "Cars driving to fast. Not safe for dogs or children. Trash covers the streets from the high school kids.... "
  • London K. .
    "The neighborhood I love in isn’t special, we don’t do things in my neighborhood. It consist of older people. "
  • Hope G. C.
    "Our neighborhood is unique because it’s in an area of Freeport where it connects to route 26. The car show goes past our street every year."
  • Windy P.
    "There are many family in this area as well as schools,parks and churches. its close to shopping areas well maintained homes and great neighborhood."
  • Ariell P.
    "It’s safe, there is a real since of community and family here. Krape Park is a dream, for exercising, letting the kids run free, BBQ, or just a peace of mind. It’s the place to be."
  • Markita F.
    "They would love it it’s a great neighborhood nice quiet clean An very friendly n aware dogs are as friendly as they owner "
  • Coreys4kids
    "Unruly adults roaming the streets. To many untrained pet owners unable to maintain obedience with a pet.bodies are stacking up check the news for the past two years."
  • Coreys4kids
    "The ambulances beat you to the crime scene . Constant gun shots, drug activity, theft, as well as nervous out of shape law enforcement."
  • Valina F.
    "The neighborhood is quiet. There are long time residents of the houses in my neighborhood. It is just down from the hospital and is up the street from Read Park and the pool. Good location for families. "
  • Staceyishmon880
    "Now to many community events in freeport for kid's. Rockford's way better. Freeport would be Alot better if they offered more things for families to do together. Also it's very hard getting your children into thing's that cost money. They need to think about the lower income families not just families that are well off and don't live paycheck to paycheck. Thanks"
  • Hope G. C.
    "In the Summertime, there have what is called "Music on Chicago St" where they will have live music bands playing downtown for the people of Freeport and for those who come from our neighboring towns. "
  • Farrarashley3
    "It’s an okay neighborhood. I been here all my life. Very quiet where I live. People are very respectful "
  • Tamikabaker40
    "I just move here from the city and everyone is real nice and the good thing is there’s not people standing on corners feel a lot better walking around"
  • Amber
    "Quick and traffic free. Never have any trouble getting where I need to go. Grocery and other stores are close as is the hospital "
  • Hope G. C.
    "They wouldn’t like that one of our neighbors allows their pit bull & Labrador, to defecate all over our yards without picking up their dog’s waste. They often let their dogs loose & unattended which causes their pit bull to be taken in by animal control. "
  • Lswalker80
    "I've lived in this neighborhood for 10 years. This a quiet area with nearby restaurants in walking distance. The parks are within 1 mile."
  • Mejiahannah
    "ok place needs better jobs, school system is ok and the neighborhood is slow and full. not a lot of kids outside playing need more parks in other areas of town. "
  • Edy K.
    "nice place, and the schools are good. freeport also have nice parks for kids to play. they even have summer time fun car shows, fairs etc."
  • Mejiahannah
    "nothing special in the neighborhood kids play with each other, grouped garage sales. not community or neighborly outings. not too many people around here that come outside a whole lot. "
  • svetlanaz84
    "the area has a neighborhood park. also there are several schools close to the area which makes it very convenient when you have kids different age groups."

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.

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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.