Performance indicators for the Freeport short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
Revenue
Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
Home Value
Median Home Sale Price
Top Earners
Top-Earners Revenue
The highest-performing listings in Freeport.
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Generally Investor friendly
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.
Local STR Agent
STR specialist · Freeport, IL
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.
