Cheap Apartments for Rent in Waukegan, IL from $400 (40 Rentals)

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Karcher Artspace Lofts
1 to 2 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
1 Bedroom Apartments

3305 Sunset Ave

3305 Sunset AveWaukegan, IL 60087
Senior Living
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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 2 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 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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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 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
1 Bedroom Apartments

2325 Lewis Ave

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

Liberty Terrace

232 E Church StLibertyville, IL 60048

Waukegan, IL Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Waukegan, IL

Pricing Updated: 07/23/2025

Current apartment rentals in the Waukegan, IL area range in price from $900 to $3,150 with an overall median price of $2,513. The three Waukegan neighborhoods with the lowest median rent pricing are Waukegan Downtown at $900, Norshore Park at $900, and Pleasant Hill at $1,100. Here is today’s list of the top 7 neighborhoods with the lowest median pricing for Waukegan Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Waukegan Downtown$1,917$9006
Norshore Park$2,500$90017
Pleasant Hill$2,500$1,10014
Downtown Waukegan$2,600$90020
Marquette Highlands$2,600$9007
North Waukegan$2,600$1,7004
Lake Cogardens$2,875$90012

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 ListingModel NameBed/BathPriced From
CASA Apartments - Waukegan1 Bdrm1BR,1BA$750
Sunset Village1BR/1.0BA1BR,1BA$1,025
Linden Flats Apartments1 BR/1 BTH1BR,1BA$1,135
Heritage Green1BR/1BA1BR,1BA$1,150
Kings Court Apartments1 bd1BR,1BA$1,150
Woodview Apartments1BR/1BA1BR,1BA$1,250
Northgate ApartmentsDover1BR,1BA$1,410
Carmel House1bdB1BR,1BA$1,515
The Lakes at Fountain Square Apartment HomesOntario2BR,1BA$1,609
Gurnee Glen ApartmentsOne Bedroom-11BR,1BA$1,746

Best Value Apartments for Rent in Waukegan, IL

As of July 23, 2025 the best value apartment in the Waukegan area is the $2.18 price per square foot Harlequin Model at Landings at Amhurst Lake in the in the Pleasant Hill neighborhood starting from $2,195. The second greatest value Waukegan apartment is the Ontario Model at The Lakes at Fountain Square Apartment Homes starting at $1,609 with a $1.83 price per square foot in the Pleasant Hill 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.
Landings at Amhurst LakeHarlequin2BR,2BA$2.18
The Lakes at Fountain Square Apartment HomesOntario2BR,1BA$1.83
Luna ParkB-12BR,1BA$2.12
Sunset Village1BR/1.0BA1BR,1BA$1.28
Kings Court Apartments1 bd1BR,1BA$1.44
Northgate ApartmentsDover1BR,1BA$1.82
Heritage Green1BR/1BA1BR,1BA$1.53
Woodview Apartments1BR/1BA1BR,1BA$1.92
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!

Explore Waukegan, IL Rentals by Map

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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

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

The lowest price for a Cheap One Bedroom Waukegan Apartment is $750 at CASA Apartments - Waukegan.

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

Today's best deal for a Cheap Two Bedroom Apartment in Waukegan is starting from $1,150 at Linden Flats Apartments.

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.

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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.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.