
Low Income Apartments for Rent in Waukegan, IL (3 Rentals)

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.

Carmel House
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.

Liberty Towers
Waukegan, IL Local Guide

How much does it cost to rent an apartment in Waukegan?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waukegan Low Income Studio Apartments | $1,388 | $675 | $2,143 |
| Waukegan Low Income 1 Bedroom Apartments | $1,710 | $775 | $2,794 |
| Waukegan Low Income 2 Bedroom Apartments | $2,006 | $950 | $3,715 |
| Waukegan Low Income 3 Bedroom Apartments | $2,776 | $1,050 | $4,466 |
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Waukegan, IL Local Guide

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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.
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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.
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.
Waukegan, ILPopulation: 86,792
Ranked #385
in US Census Population by City
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
Frequently Asked Questions about Low Income Waukegan Apartments
What is the Cheapest Low Income apartment in Waukegan?
Currently the most affordable Low Income Apartment in Waukegan is at Kings Court Apartments listed at $1,250.
How much is the average rent for a Low Income Waukegan Apartment?
The average rent for a Low Income Apartment in Waukegan is $1,375.
What is the largest Low Income Waukegan Apartment for rent?
Today's Low Income apartment with the most square footage in Waukegan is a 1,050 square feet unit starting from $1,250 at Kings Court Apartments.
What is the average size for Waukegan Low Income Apartments for rent?
The average size for a Low Income rental in Waukegan is currently at 800 sq ft.
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

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.

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.