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.
Spacious 3-bedroom, 1-bath unit with about 1,281 sq ft of character-filled living space in a classic 2-story home. Beautiful hardwood floors throughout, forced-air heating and basement space for storage or laundry. Located on a tree-lined street in Freeport with classic Midwestern charm. Room for the whole household, so schedule your viewing today.
116 days on RentalSource
RentalSource last checked: 4 hours ago · Listing updated: October 28, 2026
•Application fee $20 (mandatory, nonrefundable, pre-move-in). One Time Application Fee $20 (Non Refundable).
Additional Details
This 3-bedroom, 1-bathroom apartment at 406 E Prospect Terrace in Freeport, IL 61032 rents for $1,195 a month. It has 1,281 square feet. 406 E Prospect Terrace was advertised by Pied Piper Realty on July 17, 2026.
Rent History
The rent has changed twice since it was listed on July 17, from $1,200 to $1,195.
Rent history for this home, newest first
Date
Event
Rent
Change
October 28, 2026
Price change
$1,195−14.3%
−14.3%
August 26, 2026
Price change
$1,395+16.3%
+16.3%
July 17, 2026
Listed for rent
$1,200
These are listed prices. What renters actually paid may have been different.
Affordability Calculator
Can I afford to live at 406 E Prospect Terrace?
Bedrooms
3 bedrooms
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Recommended income
$47,800 /year
With your chosen rent-to-income ratio, an annual income of $47,800 is recommended to comfortably afford this 3-bedroom rental priced at $1,195 per month.