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Home values, rents and more in Freeport, IL

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$128,000
Metro: $161,000 · U.S.: $366,000
Home values, past year
+6.0%
Metro: +8.5% · U.S.: +1.2%
Typical rent
$926/mo
Metro: $923 · U.S.: $1,932
Population
23,505
ACS 2020–24
Median household income
$51,723
Metro: $64,043 · U.S.: $80,734
ZIP codes around Freeport, IL, shaded by typical home valueFreeport61032
  • Under $150k
  • $150k–$170k
  • $170k–$190k
  • $190k–$210k
  • $210k+
  • No data
ZIP codes around Freeport, IL, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. Freeport is outlined.

How Freeport compares

The typical home in Freeport, IL is worth about $128,000, according to the Zillow Home Value Index for September 2026. Home values in Freeport are 20% below the typical value in the Freeport metro area ($161,000) and 65% below the U.S. typical value ($366,000).

Over the past year, home values in Freeport rose 6.0%, compared with +8.5% in the Freeport metro area and +1.2% nationally.

Typical rent is $926 a month (Zillow Observed Rent Index), about the same as the Freeport metro area ($923) and 52% below the U.S. ($1,932).

The median household income is $51,723, against $64,043 in the Freeport metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 23,505 people live in Freeport (American Community Survey 2020–24).

Freeport has the lowest typical home value of the 7 cities in the Freeport metro area and the 194th-lowest of 1,005 in Illinois with Zillow figures.

Part of: Stephenson County, IL · Freeport metro area · Illinois

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Crime rates
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby cities

ZIP codes in Freeport, IL

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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