Freelance rates refer to the amount of money that freelancers charge for their services. These rates can vary widely based on factors such as experience, skill level, and the type of work being performed. For example, a graphic designer may charge different rates compared to a writer or a web developer. Freelancers often set their rates based on hourly, project-based, or retainer agreements. It's important for freelancers to research industry standards and consider their own expenses when determining their rates. Websites like Upwork and Freelancer can provide insights into what others in the field are charging.