Cheap Apartments for Rent in Gurnee, IL from $675 (53 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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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
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CENTENNIAL 4327
2 Bedroom Apartments

CENTENNIAL 4327

4327-4329 Centennial CtGurnee, IL 60031
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DEPOT RD. -1125
1 to 2 Bedroom Apartments

DEPOT RD. -1125

1125 Depot RdGurnee, IL 60031

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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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Green Valley Apartments
1 to 2 Bedroom Apartments

Green Valley Apartments

4200 Greenleaf CtPark City, IL 60085
  • Utilities Included

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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Park Terrace Apartments
1 to 2 Bedroom Apartments

Park Terrace Apartments

4100 Greenleaf CtPark City, IL 60085
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Regency Village
1 to 3 Bedroom Apartments

Regency Village

3150 W Grandville AveWaukegan, IL 60085
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Brookstone Apartments
1 to 2 Bedroom Apartments

Brookstone Apartments

4247 Hickory Hills DrWaukegan, IL 60087
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DREW LN. -100
2 Bedroom Apartments

DREW LN. -100

100 Drew LnWaukegan, IL 60085
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Village Park
1 to 3 Bedroom Apartments

Village Park

2520 Village Park DrWaukegan, IL 60087
  • 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.

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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
Briarwood Apartments1BR/1BA1BR,1BA$1,175
Fox CrestFox Crossing1BR,1BA$1,230
Heritage Green1BR/1BA1BR,1BA$1,250
Kings Court Apartments1 bd1BR,1BA$1,250
Woodview Apartments1BR/1BA1BR,1BA$1,400
Royal Oak Condos & Willows of Greys LakeAspen1BR,1BA$1,425
Grays Pointe Apartments2 Bedroom Premium2BR,1BA$1,500
CENTENNIAL 4327CENTENNIAL CT 4327-4329 - 29-042BR,1BA$1,550

Best Value Apartments for Rent in Gurnee, IL

As of August 26, 2026 the best value apartment in the Gurnee area is the $1.95 price per square foot Heron Model at Landings at Amhurst Lake in the in the Pleasant Hill neighborhood starting from $2,215. The second greatest value Gurnee apartment is the 2 Bedroom Premium Model at Grays Pointe Apartments starting at $1,500 with a $1.56 price per square foot in the Wildwood on Gages Lake 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.
Landings at Amhurst LakeHeron2BR,2BA$1.95
Grays Pointe Apartments2 Bedroom Premium2BR,1BA$1.56
The Lakes at Fountain Square Apartment HomesOntario2BR,1BA$1.90
Luna ParkB-12BR,1BA$1.97
Kings Court Apartments1 bd1BR,1BA$1.56
Royal Oak Condos & Willows of Greys LakeAspen1BR,1BA$1.90
Heritage Green1BR/1BA1BR,1BA$1.67
Briarwood Apartments1BR/1BA1BR,1BA$1.72
Woodview Apartments1BR/1BA1BR,1BA$2.15
CASA Apartments - WaukeganStudioStudio ,1BA$1.35

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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Gurnee, IL

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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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.