
Cheap Homes for Rent in Gurnee, IL from $800 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Gurnee.


3060 Kathe Ln

3305 Sunset Ave

1001 W Grand Ave
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.

1001 Grand Ave

6175 W Grand Ave

6175 W Grand Ave, Unit 1002- Studio

2902 31st St
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.

3060 Kathe Ln
Gurnee, IL Local Guide

How much does it cost to rent a home in Gurnee?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Gurnee 2 Bedroom Homes for Rent | $2,175 | $1,400 | $3,000 |
| Gurnee 3 Bedroom Homes for Rent | $2,860 | $2,100 | $3,750 |
| Gurnee 4 Bedroom Homes for Rent | $3,687 | $2,560 | $5,200 |
Browse Top Homes for Rent in Gurnee
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Gurnee, IL Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| CASA Apartments - Waukegan | Studio | Studio,1BA | $675 |
| Cinnamon Lake Towers | Studio | Studio,1BA | $1,025 |
| Imperial Tower Apartments | The Michigan | Studio,1BA | $1,157 |
Best Value Apartments for Rent in Gurnee, IL
As of June 08, 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 1520 Westmoreland Ave Model at 1520 Westmoreland Ave, Unit 2 Bedroom Apartment starting at $1,400 with a $1.47 price per square foot in the North Waukegan neighborhood. Here is today’s list of the best values for Gurnee apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Grays Pointe Apartments | 2 Bedroom Platinum | 2BR,1.5BA | $1.56 |
| 1520 Westmoreland Ave, Unit 2 Bedroom Apartment | 1520 Westmoreland Ave | 2BR,1BA | $1.47 |
| Luna Park | B-1 | 2BR,1BA | $2.06 |
| Fox Crest | Fox Den | 2BR,1.5BA | $1.75 |
| Willow Wind | 1 bedroom | 1BR,1BA | $1.75 |
| Kings Court Apartments | 1 bd | 1BR,1BA | $1.56 |
| Heritage Green | 1BR/1BA | 1BR,1BA | $1.67 |
| Briarwood Apartments | 1BR/1BA | 1BR,1BA | $1.72 |
| The Lakes at Fountain Square Apartment Homes | Michigan | 1BR,1BA | $2.08 |
| CASA Apartments - Waukegan | Studio | Studio ,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.
Read ArticleReal 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.
Read ArticleQuick 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.
Best Local Schools in Gurnee, IL
Warren Township High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Gurnee
What type of rentals are currently available in Gurnee?
There are currently 113 Apartments for Rent in Gurnee, IL with pricing that ranges from $675 to $3,213. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in Gurnee ranging from $875 to $5,200.
What is the current price range for Rental Homes in Gurnee?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Gurnee ranges from $875 to $5,200 with an average monthly rent of $2,256.
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

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.