Zumper
modified
5+ Days Ago

Highlights

  • Open living area
  • Community amenities
  • Plenty of cabinet space
  • Parking and laundry facilities
  • Comfortable home

Location

406 E Prospect Ter #406, Freeport, IL 61032, USA

Tour 406 E Prospect Ter #406

Contact

404-406 E PROSPECT TERR - 406

Pied Piper Realty LLC

(815) 908-5579

Property Overview

Located in a vibrant neighborhood with diverse age groups, the property offers excellent accessibility to nearby areas and transit options, providing an engaging social atmosphere. It ranks well in value for money and price per square foot compared to similar properties, indicating a strong investment opportunity. Additionally, the proximity to a top-rated elementary school enhances the appeal of the locale.

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

  • More space
  • Less expensive
  • Elementary school nearby

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 406 E Prospect Ter #406

HomeApartments in Freeport 406 E Prospect Ter #406, Freeport, IL 61032, USA

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. Step into this warm and inviting Two-bedroom, One-bathroom apartment, perfect for anyone seeking a comfortable home. The living area is bright and airy, the kitchen is functional with plenty of cabinet space, and the bedroom offers generous storage.


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 406 E Prospect Ter #406 compares to other nearby properties.

Positives

More space
The 2-bedroom is 1793 sqft larger than other listings nearby
Less expensive
The 2-bedrooms are cheaper than other similar listings nearby
Elementary school nearby
There is an elementary school 0.3 mile away

Address details

Zip code61032
TypeApartment for rent

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Rent trends in Freeport

2-bedroom apartments at 406 E Prospect Ter #406 cost about 4% less than the average rent price for 2-bedroom apartments in Freeport.

Median rents as of Jan 31 2026.
Freeport
A table of 2-bedroom apartment rental data trends in Freeport
MonthMedian Rent
February 2024$662
March 2024$680
April 2024$650
May 2024$675
June 2024$725
July 2024$712
August 2024$672
September 2024$672
October 2024$650
November 2024$650
December 2024$650
January 2025$675
February 2025$700
March 2025$710
April 2025$750
May 2025$750
June 2025$775
July 2025$775
August 2025$753
September 2025$755
October 2025$714
November 2025$700
December 2025$762
January 2026$760

Affordability calculator

Can I afford to live at 406 E Prospect Ter #406?

Bedrooms

2 bedrooms

Rent-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

$27,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $27,800 annually to afford this 2-bedrooms monthly rent price of $695.
For more information on rent affordability, visit our rent calculator.

Schools near 406 E Prospect Ter #406

Center Elementary School

718 e illinois st

freeport, IL, 61032

PK, K-4Public
B
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Internet available near 406 E Prospect Ter #406

Getting around Freeport near 406 E Prospect Ter #406

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 406 E Prospect Ter #406, Freeport

Groceries

9/10
At least one supermarket within a 10-minute walk

Shopping

4/10
Variety of shops within walking distance

Cafes

4/10
Some cafés within walking distance

Restaurants

4/10
Variety of restaurants within walking distance

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

6/10
At least one high school within a 15-minute walk

Nightlife

3/10
Some bars within walking distance

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