Cheap Homes for Rent in Waukegan, IL from $900 (16 Rentals)

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property at 3305 Sunset Ave

3305 Sunset Ave

WaukeganIL60087
property at 3305 Sunset Ave

3305 Sunset Ave

WaukeganIL60087

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.

property at 1039 Adams St

1039 Adams St

North ChicagoIL60064

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.

property at 1139 Lincoln St

1139 Lincoln St

North ChicagoIL60064

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

property at 2030 Wright Ave

2030 Wright Ave

North ChicagoIL60064

Waukegan, IL Local Guide

Cheapest Neighborhoods for Apartments in Waukegan, IL

Pricing Updated: 06/16/2025

Current apartment rentals in the Waukegan, IL area range in price from $750 to $3,210 with an overall median price of $1,957. The three Waukegan neighborhoods with the lowest median rent pricing are North Waukegan at $750, Downtown Waukegan at $750, and Norshore Park at $950. Here is today’s list of the top 7 neighborhoods with the lowest median pricing for Waukegan Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
North Waukegan$1,464$75012
Downtown Waukegan$1,847$75022
Norshore Park$1,975$95020
Pleasant Hill$1,975$95012
Marquette Highlands$2,145$75018
Waukegan Downtown$2,145$75013
Lake Cogardens$2,150$75030

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 $900. 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$900
Country Chalet Apartments1 Bed 1 Bath*1BR,1BA$1,080
Heritage Green1BR/1BA1BR,1BA$1,150
Kings Court Apartments1 bd1BR,1BA$1,150

Best Value Apartments for Rent in Waukegan, IL

As of June 17, 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 708 N County St Model at 708 N County St, Unit Martinez apartments starting at $1,500 with a $0.83 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.
2409 Gilboa Ave, Unit 12409 Gilboa Ave4BR,1.5BA$1.04
708 N County St, Unit Martinez apartments708 N County St2BR,1BA$0.83
Imperial Tower ApartmentsThe Baldwin2BR,2BA$1.25
Willow Wind2 bedroom 1.52BR,1.5BA$1.30
Kings Court Apartments1 bd1BR,1BA$1.44
Linden Flats Apartments2 BR- 1 BTH2BR,1BA$1.48
Heritage Green1BR/1BA1BR,1BA$1.53
Country Chalet Apartments1 Bed 1 Bath*1BR,1BA$1.44
Sunset Village1BR/1.0BA1BR,1BA$1.50
CASA Apartments - Waukegan1 Bdrm1BR,1BA$1.25

Quick 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.

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Frequently Asked Questions about Waukegan

What type of rentals are currently available in Waukegan?

There are currently 322 Apartments for Rent in Waukegan, IL with pricing that ranges from $750 to $4,721. There are also 63 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waukegan ranging from $900 to $8,500.

What is the current price range for Rental Homes in Waukegan?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Waukegan ranges from $900 to $8,500 with an average monthly rent of $2,683.

How much are larger Three and Four Bedroom Rentals in Waukegan?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Waukegan range from $1,700 to $4,395, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,650 to $3,650. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $1,550.

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 Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

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

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

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

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.