
Cheap Apartments for Rent in Waukegan, IL from $400 (51 Rentals)
Search the lowest-cost Apartments available for rent right now in Waukegan.


Cinnamon Lake Towers

The Chateau Royale

Madison West Apartment

Imperial Tower Apartments

Harbor Lake

Linden Flats Apartments

Kings Court Apartments

Fox Crest

127 Franklin 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.

Briarwood Apartments

Reserve at Eagle Ridge

Heritage Green

239 S Park Ave
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.
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.

Sheridan Center Apartments

Country Chalet Apartments

Liberty Towers
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.

Woodview Apartments

1727 Lincoln St, Unit 1B

2717 Gabriel Ave
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.
Waukegan, IL Local Guide

How much does it cost to rent an apartment in Waukegan?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Waukegan Studio Apartments | $1,368 | $975 | $1,865 |
Cheap Waukegan 1 Bedroom Apartments | $1,564 | $750 | $2,595 |
Cheap Waukegan 2 Bedroom Apartments | $1,954 | $1,225 | $4,174 |
Cheap Waukegan 3 Bedroom Apartments | $3,804 | $1,495 | $7,741 |
Cheap Waukegan 4 Bedroom Apartments | $2,095 | $1,690 | $2,500 |
Browse Top Apartments in Waukegan
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Waukegan, IL Local Guide

- Waukegan Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Waukegan, IL
Pricing Updated: 09/07/2025Current apartment rentals in the Waukegan, IL area range in price from $750 to $7,787 with an overall median price of $3,866. The three Waukegan neighborhoods with the lowest median rent pricing are Norshore Park at $985, Pleasant Hill at $985, and Waukegan Downtown at $1,000. Here is today’s list of the top 7 neighborhoods with the lowest median pricing for Waukegan Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Norshore Park | $1,690 | $985 | 21 |
Pleasant Hill | $1,690 | $985 | 26 |
Waukegan Downtown | $1,700 | $1,000 | 5 |
Downtown Waukegan | $4,711 | $750 | 34 |
Lake Cogardens | $5,757 | $750 | 25 |
Marquette Highlands | $5,757 | $750 | 23 |
North Waukegan | $5,757 | $750 | 11 |
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. Sunset Village in the North Waukegan neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,025. Here is today’s list of the most affordable Waukegan apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
CASA Apartments - Waukegan | 1 Bdrm | 1BR,1BA | $750 |
Sunset Village | 1BR/1.0BA | 1BR,1BA | $1,025 |
Fox Crest | Fox Hunter | 1BR,1BA | $1,150 |
Linden Flats Apartments | 2 BR- 1 BTH | 2BR,1BA | $1,150 |
Kings Court Apartments | 1 bd | 1BR,1BA | $1,150 |
Briarwood Apartments | 1BR/1BA | 1BR,1BA | $1,175 |
Heritage Green | 1BR/1BA | 1BR,1BA | $1,250 |
Woodview Apartments | 1BR/1BA | 1BR,1BA | $1,250 |
Willow Wind | 2 bedroom | 2BR,1BA | $1,300 |
Best Value Apartments for Rent in Waukegan, IL
As of September 07, 2025 the best value apartment in the Waukegan area is the $1.04 price per square foot 2409 Gilboa Ave Model at 2409 Gilboa Ave, Unit 1 in the in the Shepherds Crossing neighborhood starting from $2,500. The second greatest value Waukegan apartment is the 2135 Kemble Ave Model at 2135 Kemble Ave, Unit 2nd floor 2bedroom starting at $1,400 with a $1.27 price per square foot in the North Center neighborhood. Here is today’s list of the best values for Waukegan apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
2409 Gilboa Ave, Unit 1 | 2409 Gilboa Ave | 4BR,1.5BA | $1.04 |
2135 Kemble Ave, Unit 2nd floor 2bedroom | 2135 Kemble Ave | 2BR,1BA | $1.27 |
Willow Wind | 2 bedroom | 2BR,1.5BA | $1.30 |
1727 Lincoln St, Unit 1B | 1727 Lincoln St | 1BR,1BA | $1.35 |
Kings Court Apartments | 1 bd | 1BR,1BA | $1.44 |
Sunset Village | 1BR/1.0BA | 1BR,1BA | $1.28 |
Linden Flats Apartments | 2 BR- 1 BTH | 2BR,1BA | $1.48 |
Heritage Green | 1BR/1BA | 1BR,1BA | $1.67 |
Fox Crest | Fox Hunter | 1BR,1BA | $1.59 |
CASA Apartments - Waukegan | 1 Bdrm | 1BR,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.
Best Local Schools in Waukegan, IL
Waukegan High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Waukegan, IL Rentals by Map
See the most popular apartments and homes in Waukegan, IL
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $3,866.
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 $260 which is $3,606 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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.