Cheap Apartments for Rent in Gurnee, IL from $600 (51 Rentals)

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Search the lowest-cost Apartments available for rent right now in Gurnee.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Thomas Place Gurnee
1 to 2 Bedroom Apartments

Thomas Place Gurnee

401 N Hunt Club RdGurnee, IL 60031
Senior Living
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Onan Senior Suites
Studio to 2 Bedroom Apartments

Onan Senior Suites

3305 Sunset AveWaukegan, IL 60087
Senior Living
  • Utilities Included
  • Smoke Free
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Pioneer Park
1 Bedroom Apartments

Pioneer Park

750-754 N Pioneer RdWaukegan, IL 60085
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Green Valley Apartments
1 to 2 Bedroom Apartments

Green Valley Apartments

4200 Greenleaf CtPark City, IL 60085
  • Utilities Included
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Regency Village
1 to 3 Bedroom Apartments

Regency Village

3150 W Grandville AveWaukegan, IL 60085
  • Utilities Included
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Park Terrace Apartments
1 to 2 Bedroom Apartments

Park Terrace Apartments

4100 Greenleaf CtPark City, IL 60085
  • Utilities Included
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Brookstone Apartments
1 to 2 Bedroom Apartments

Brookstone Apartments

4247 Hickory Hills DrWaukegan, IL 60087
  • Utilities Included
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Hinkston Pond Apartments
1 to 2 Bedroom Apartments

Hinkston Pond Apartments

3040-3084 W Grandville AveWaukegan, IL 60085
  • Utilities Included
property at 3305 Sunset Ave

$1,190 - $1,195

1 Bedroom Rentals

Available Now

3305 Sunset Ave

WaukeganIL60087
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Village Park
1 to 3 Bedroom Apartments

Village Park

2520 Village Park DrWaukegan, IL 60087
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Gurnee, IL Local Guide

Cheapest Available Gurnee Apartments for Rent

 

The cheapest available apartment rental in Gurnee, IL is a Studio unit found at CASA Apartments - Waukegan in the North Waukegan neighborhood priced from $675. Cinnamon Lake Towers in the North Waukegan neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,025. Here is today’s list of the most affordable Gurnee apartments for rent:

Apartment ListingModel NameBed/BathPriced From
CASA Apartments - WaukeganStudioStudio,1BA$675
Cinnamon Lake TowersStudioStudio,1BA$1,025
Kings Court Apartments1 bd1BR,1BA$1,150
Briarwood Apartments1BR/1BA1BR,1BA$1,175
Imperial Tower ApartmentsThe Park PlaceStudio,1BA$1,186
Heritage Green1BR/1BA1BR,1BA$1,250
Willow Wind2 bedroom 12BR,1BA$1,275
The Lakes at Fountain Square Apartment HomesMichigan1BR,1BA$1,380
Grand OaksPine1BR,1BA$1,391
Woodview Apartments1BR/1BA1BR,1BA$1,400

Best Value Apartments for Rent in Gurnee, IL

As of April 12, 2026 the best value apartment in the Gurnee area is the $1.56 price per square foot 2 Bedroom Platinum Model at Grays Pointe Apartments in the in the Wildwood on Gages Lake neighborhood starting from $1,500. The second greatest value Gurnee apartment is the Ash Model at Grand Oaks starting at $1,843 with a $1.93 price per square foot in the Heritage Park neighborhood. Here is today’s list of the best values for Gurnee apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Grays Pointe Apartments2 Bedroom Platinum2BR,1.5BA$1.56
Grand OaksAsh2BR,1.5BA$1.93
Luna ParkB-12BR,1BA$2.06
Fox CrestFox Den2BR,1.5BA$1.75
Willow Wind1 bedroom1BR,1BA$1.66
Kings Court Apartments1 bd1BR,1BA$1.44
Heritage Green1BR/1BA1BR,1BA$1.67
Briarwood Apartments1BR/1BA1BR,1BA$1.72
The Lakes at Fountain Square Apartment HomesMichigan1BR,1BA$2.03
CASA Apartments - WaukeganStudioStudio ,1BA$1.35

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Gurnee Apartments

What is the Cheapest Studio apartment in Gurnee?

Currently the most affordable Cheap Studio Apartment in Gurnee is at CASA Apartments - Waukegan listed at $675.

How much is rent for a Cheap One Bedroom Gurnee Apartment?

The lowest price for a Cheap One Bedroom Gurnee Apartment is $775 at CASA Apartments - Waukegan.

What is the lowest price for a Cheap Two Bedroom Gurnee Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Gurnee is starting from $950 at CASA Apartments - Waukegan.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.