Updated 5+ Days Ago
Highlights
- Laundry facilities
- Open living area
- Community amenities
- Plenty of cabinet space
Location
404 E Prospect Ter #404, Freeport, IL 61032, USA
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Property Overview
Located in an area with a top-rated elementary school within about 0.28 miles, this home also stands out for its value per square foot, placing it in the 80th percentile locally. Additional appeal comes from laundry facilities, an open living area, community amenities, and plenty of cabinet space.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Elementary school nearby- More space
Great for
Social life
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
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About 404 E Prospect Ter #404
OWN THIS HOME — Don't Just Rent It! 4-bed, 2-bath charming 2-story home with 2,560 sqft of character-filled living space. Beautiful hardwood floors throughout, central air conditioning, forced air heating, and a 1-car garage. Located on a tree-linedstreet in Freeport with classic Midwestern charm. OWNERSHIP OPPORTUNITY: This property qualifies for the Pied Piper Group Homeownership Program a simplified path to ownership with minimal upfront cash. Example terms: - Purchase price: $200,000 - Monthly payments as low as $1,595/month - Security deposit applies toward your down payment - First month's rent becomes your first mortgage payment Program designed for hardworking buyers — self-employed, 1099 earners, small business owners, ITIN holders, and credit-rebuilding applicants welcome. If you qualify to rent, you may qualify to own. ---------------------------------------------- >>> APPLY FOR FREE AT OUR PORTAL
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 404 E Prospect Ter #404 compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.3 mile away
- More space
- The 4-bedroom is 667 sqft larger than other listings nearby
Address details
| Zip code | 61032 |
|---|---|
| Type | Apartment for rent |
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Rent trends in Freeport
4-bedroom apartments at 404 E Prospect Ter #404 cost about 10% more than the average rent price for 4-bedroom apartments in Freeport.
Median rents as of Jul 18 2026.
Freeport
| Month | Median Rent |
|---|---|
| December 2024 | $1,150 |
| January 2025 | $1,125 |
| April 2026 | $1,409 |
| May 2026 | $1,428 |
| June 2026 | $1,450 |
| July 2026 | $1,465 |
Affordability calculator
Can I afford to live at 404 E Prospect Ter #404?
Bedrooms
4+ bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$63,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $63,800 annually to afford this 4-bedrooms monthly rent price of $1,595.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 5 months ago | $695 |
Schools near 404 E Prospect Ter #404
Center Elementary School
718 e illinois st
freeport, IL, 61032
PK, K-4Public
B
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Internet available near 404 E Prospect Ter #404
Getting around Freeport near 404 E Prospect Ter #404
Walking
4/10
Some shops and stores are within a few minutes.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
4/10
This is semi-bikeable, but you’ll need another way of getting around.
Points of interest for 404 E Prospect Ter #404, Freeport
Groceries
8/10
At least one supermarket within a 10-minute walk
Shopping
4/10
Several shops within walking distance
Cafes
4/10
Some cafés within walking distance
Restaurants
4/10
Some restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
6/10
At least one high school within a 20-minute walk
Nightlife
3/10
Some bars within walking distance
Compare similar properties nearby
- on-site laundry
- dogs and cats ok
- dishwasher
- on-site laundry
- dogs and cats ok
- dishwasher
- on-site laundry
- dogs and cats ok
- dishwasher
- on-site laundry
- dogs and cats ok
- dishwasher
- on-site laundry
- dogs and cats ok
- dishwasher
- on-site laundry
- dogs and cats ok
- dishwasher
- on-site laundry
- dogs and cats ok
- dishwasher
- on-site laundry
- dogs and cats ok
- dishwasher
- on-site laundry
- dogs and cats ok
- dishwasher
- on-site laundry
- dogs and cats ok
- dishwasher
- on-site laundry
- dogs and cats ok
- dishwasher
- on-site laundry
- dogs and cats ok
- dishwasher
- on-site laundry
- dogs and cats ok
- dishwasher
- on-site laundry
- dogs and cats ok
- dishwasher
- on-site laundry
- dogs and cats ok
- dishwasher
- on-site laundry
- dogs and cats ok
- dishwasher
Check availability
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