Freeport, IL

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  • Performance
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Key Performance Metrics

Market snapshot

Performance indicators for the Freeport short-term rental market based on reliable data.

Listings

13 / 29

Reliable / Active

Cap Rate

13%

Middle-Earners Gross Yield

Revenue

$15,140

Middle-Earners Revenue

Occupancy

42%

Middle-Earners Occupancy

Home Value

$120,745

Median Home Sale Price

Top Earners

$33,955

Top-Earners Revenue

Freeport

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Freeport.

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B

Generally Investor friendly

Freeport Regulations

Short‑term rentals are allowed citywide with an established, straightforward licensing process—simple application, owner verification, insurance, and a city business license—with the council recently rejecting a proposal to ban STRs in single‑family zones, signaling a permissive stance. Older rules retain modest operational constraints (e.g., density/200‑ft cap in certain areas, special‑use permits, street‑parking prohibition) and recent safety incidents suggest future oversight could tighten, but compliance remains manageable and investment risk moderate.

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About Freeport

Freeport is the county seat and largest city of Stephenson County, Illinois, United States. The population was 23,973 at the 2020 census, and the mayor of Freeport is Jodi Miller, elected in 2017. Freeport is known for hosting the second Lincoln-Douglas debate of 1858, and as "Pretzel City, USA", due to a popular local German bakery that became well known for its prolific pretzel production after it opened in 1869. Freeport High School's mascot is the Pretzel to honor its heritage.

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