Cheap Apartments for Rent in Waukegan, IL from $400 (50 Rentals)

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Karcher Artspace Lofts
Studio to 3 Bedroom Apartments

Karcher Artspace Lofts

405 Washington StWaukegan, IL 60085
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Forest View Manor
1 Bedroom Apartments

Forest View Manor

1912 10TH StWaukegan, IL 60085
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3305 Sunset Ave
Studio to 2 Bedroom Apartments

3305 Sunset Ave

3305 Sunset AveWaukegan, IL 60087
Senior Living
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Garden Park Apartments
Studio to 1 Bedroom Apartments

Garden Park Apartments

417 Franklin StWaukegan, IL 60085
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1740 North Ave
1 Bedroom Apartments

1740 North Ave

1740 North AveWaukegan, IL 60085
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Little Fort Apartments
Studio to 1 Bedroom Apartments

Little Fort Apartments

520 N Genesee StWaukegan, IL 60085
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Pioneer Park
1 Bedroom Apartments

Pioneer Park

750-754 N Pioneer RdWaukegan, IL 60085
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Chapa Apartments
2 Bedroom Apartments

Chapa Apartments

2101 Lorraine AveWaukegan, IL 60087
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Regency Village
1 to 3 Bedroom Apartments

Regency Village

3150 W Grandville AveWaukegan, IL 60085
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2000-2030 N Pine St
1 to 2 Bedroom Apartments

2000-2030 N Pine St

2000-2030 N Pine StWaukegan, IL 60087
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Hinkston Pond Apartments
1 to 2 Bedroom Apartments

Hinkston Pond Apartments

3040-3084 W Grandville AveWaukegan, IL 60085
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Sunset Village
1 to 2 Bedroom Apartments

Sunset Village

2205 N Butrick StWaukegan, IL 60087
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Brookstone Apartments
1 to 2 Bedroom Apartments

Brookstone Apartments

4247 Hickory Hills DrWaukegan, IL 60087
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Village Park
1 to 3 Bedroom Apartments

Village Park

2520 Village Park DrWaukegan, IL 60087
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Forest Glen
1 to 2 Bedroom Apartments

Forest Glen

2012 Gilead AveZion, IL 60099
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Shoreline Terrace
2 Bedroom Apartments

Shoreline Terrace

38569-38619 N Sheridan RdBeach Park, IL 60099
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Moraine East Apartments
1 to 3 Bedroom Apartments

Moraine East Apartments

820 N Milwaukee AveLibertyville, IL 60048
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Wildflower on 27th
1 to 2 Bedroom Apartments

Wildflower on 27th

2929-2931 27th StZion, IL 60099
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Green Valley Apartments
1 to 2 Bedroom Apartments

Green Valley Apartments

4200 Greenleaf CtPark City, IL 60085
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2325 Lewis Ave
Studio to 1 Bedroom Apartments

2325 Lewis Ave

2325 Lewis AveZion, IL 60099
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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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Liberty Terrace
2 to 3 Bedroom Apartments

Liberty Terrace

232 E Church StLibertyville, IL 60048

Waukegan, IL Local Guide

Photo of Staff Writer  - Local Guide Expert
Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Waukegan, IL

Pricing Updated: 10/22/2025

Current apartment rentals in the Waukegan, IL area range in price from $750 to $7,507 with an overall median price of $3,734. The three Waukegan neighborhoods with the lowest median rent pricing are Norshore Park at $985, Waukegan Downtown at $999, and Pleasant Hill at $985. Here is today’s list of the top 7 neighborhoods with the lowest median pricing for Waukegan Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Norshore Park$1,633$98529
Waukegan Downtown$1,900$99910
Pleasant Hill$2,767$98525
Lake Cogardens$4,799$75019
Downtown Waukegan$5,013$75036
Marquette Highlands$5,013$75017
North Waukegan$5,013$7508

Cheapest Available Waukegan Apartments for Rent

 

The cheapest available apartment rental in Waukegan, IL is a 1 Bed unit found at CASA Apartments - Waukegan in the North Waukegan neighborhood priced from $750. Residences at Fountain Square in the Pleasant Hill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,123. Here is today’s list of the most affordable Waukegan apartments for rent:

Apartment ListingModel NameBed/BathPriced From
CASA Apartments - Waukegan1 Bdrm1BR,1BA$750
Residences at Fountain SquareThe Buckingham1BR,1BA$1,123
Linden Flats Apartments1 BR/1 BTH1BR,1BA$1,135
Kings Court Apartments1 bd1BR,1BA$1,150
Briarwood Apartments1BR/1BA1BR,1BA$1,175
Heritage Green1BR/1BA1BR,1BA$1,250
Sheridan Center ApartmentsOne Bedroom1BR,1BA$1,295
10 N Sheridan Rd.1BR/1.0BA1BR,1BA$1,425

Best Value Apartments for Rent in Waukegan, IL

As of October 22, 2025 the best value apartment in the Waukegan area is the $0.92 price per square foot 2135 Kemble Ave Model at 2135 Kemble Ave, Unit 2nd floor 2bedroom in the in the North Center neighborhood starting from $1,375. The second greatest value Waukegan apartment is the 670 S Martin Luther King Jr Ave Model at 670 S Martin Luther King Jr Ave, Unit #1 starting at $1,520 with a $1.27 price per square foot in the Waukegan Downtown neighborhood. Here is today’s list of the best values for Waukegan apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2135 Kemble Ave, Unit 2nd floor 2bedroom2135 Kemble Ave2BR,1BA$0.92
670 S Martin Luther King Jr Ave, Unit #1670 S Martin Luther King Jr Ave2BR,1BA$1.27
Northgate ApartmentsCrofton2BR,2BA$1.71
NorthEnd Apartments1X11BR,1BA$1.77
Sheridan Center ApartmentsOne Bedroom1BR,1BA$1.46
Kings Court Apartments1 bd1BR,1BA$1.44
Heritage Green1BR/1BA1BR,1BA$1.67
Briarwood Apartments1BR/1BA1BR,1BA$1.72
Linden Flats Apartments1 BR/1 BTH1BR,1BA$1.75
CASA Apartments - Waukegan1 Bdrm1BR,1BA$1.25

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Waukegan Overview

Waukegan is a picturesque town on the western coast of Lake Michigan, just north of Chicago. Although buffeted with cold winter weather, it has a warm character. History is celebrated through museums and historic buildings, while its diversity is celebrated through lively festivals year-round. Finally, Waukegan is a convenient drive from both Chicago and Milwaukee. This lets residents visit those cities when they want a change of pace.

Why live in Waukegan, IL?

Waukegan is a town that keeps its rich history in mind even as it looks toward the future. Near to Chicago but distinct from it, this 'little fort' has served as a peaceful home for generations of families. It has also captured the imagination of creative minded people, from award-winning authors to humble artists creating for the joy of it. If you're looking for a community where you can set down roots, Waukegan may be a great option for you.

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

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Getting Around Waukegan, IL

Walk Score®

54 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

43 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

28 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Waukegan Apartments

What is the price of a cheap apartment in Waukegan?

The cheapest apartment in Waukegan is CASA Apartments - Waukegan which is listed at $750, while the average apartment in Waukegan costs $3,734.

What types of apartments are the cheapest in Waukegan?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 30 regular apartments in Waukegan that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Waukegan?

Cheap apartments in Waukegan have an average cost of $303 which is $3,431 cheaper than the average rent for all rentals in Waukegan.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.