3910 Ellis Ave
GurneeIL60031
Cheap Homes for Rent in Waukegan, IL from $800 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Waukegan.
2614 Grand Ave
WaukeganIL60085
1001 W Grand Ave
WaukeganIL60085
1001 Grand Ave
WaukeganIL60085
3305 Sunset Ave
WaukeganIL60087
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.
3305 Sunset Ave
WaukeganIL60087
2541 Gilead Ave, Unit 1st Floor
2541 Gilead Ave
ZionIL60099
close
View Me
$1,2002 Bedroom Apartments Available Now
2600 Elim Ave, Unit 3
2600 Elim AveZion, IL 60099
3303 Colgate Ave
ZionIL60099
3060 Kathe Ln
WaukeganIL60085
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.
2902 31st St
ZionIL60099
3309 Colgate Ave
ZionIL60099
1801 Victoria Ave
North ChicagoIL60064
close
View Me
$1,5002 Bedroom Apartments Available Now
338 N Green Bay Rd, Unit 1102
338 N Green Bay RdWaukegan, IL 60085
1832 Joppa Ave
ZionIL60099
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Showing Results 1-15, Page 1 of 1
Waukegan, IL Local Guide
How much does it cost to rent a home in Waukegan?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waukegan 2 Bedroom Homes for Rent | $2,161 | $1,195 | $3,800 |
| Waukegan 3 Bedroom Homes for Rent | $2,720 | $1,700 | $6,000 |
| Waukegan 4 Bedroom Homes for Rent | $4,260 | $2,950 | $6,300 |
| Waukegan 5 Bedroom Homes for Rent | $3,650 | $3,600 | $3,700 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Waukegan
Explore Waukegan
Waukegan, IL Local Guide
- Waukegan Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Waukegan, IL
Pricing Updated: 08/05/2026Current apartment rentals in the Waukegan, IL area range in price from $825 to $3,600 with an overall median price of $1,591. The three Waukegan neighborhoods with the lowest median rent pricing are Lake Cogardens at $1,190, Downtown Waukegan at $1,400, and Norshore Park at $1,495. 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 |
|---|---|---|---|
| Lake Cogardens | $1,190 | $825 | 15 |
| Downtown Waukegan | $1,400 | $825 | 19 |
| Norshore Park | $1,495 | $825 | 9 |
| Waukegan Downtown | $1,750 | $1,050 | 4 |
| Pleasant Hill | $1,825 | $1,050 | 10 |
| Marquette Highlands | $2,300 | $1,000 | 7 |
| North Waukegan | $2,450 | $2,300 | 3 |
Cheapest Available Waukegan Apartments for Rent
The cheapest available apartment rental in Waukegan, IL is a Studio unit found at CASA Apartments - Waukegan in the North Waukegan neighborhood priced from $675. LITTLE FORT APARTMENTS LLC in the Waukegan Downtown neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here is today’s list of the most affordable Waukegan apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| CASA Apartments - Waukegan | Studio | Studio,1BA | $675 |
| LITTLE FORT APARTMENTS LLC | LITTLE FORT APARTMENTS LLC - 414 | Studio,1BA | $895 |
| Sunset Village | 1BR/1.0BA | 1BR,1BA | $900 |
| Cinnamon Lake Towers | Studio | Studio,1BA | $1,025 |
| FOREST VIEW MANOR | FOREST VIEW MANOR - 101 | 1BR,1BA | $1,125 |
Best Value Apartments for Rent in Waukegan, IL
As of August 05, 2026 the best value apartment in the Waukegan area is the $1.52 price per square foot Waiting List Model at Northline Apartments in the in the Downtown Libertyville neighborhood starting from $1,990. The second greatest value Waukegan apartment is the 2028 Williamsburg Dr Model at 2028 Williamsburg Dr, Unit D108 starting at $1,600 with a $1.33 price per square foot in the North Waukegan 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. |
|---|---|---|---|
| Northline Apartments | Waiting List | 2BR,2BA | $1.52 |
| 2028 Williamsburg Dr, Unit D108 | 2028 Williamsburg Dr | 3BR,2BA | $1.33 |
| 1520 Westmoreland Ave, Unit 2 Bedroom Apartment | 1520 Westmoreland Ave | 2BR,1BA | $1.47 |
| Kings Court Apartments | 1 bd | 1BR,1BA | $1.56 |
| Willow Wind | 1 bedroom | 1BR,1BA | $1.63 |
| Sunset Village | 1BR/1.0BA | 1BR,1BA | $1.13 |
| Madison West Apartments | 1 BR / 1 BA | 1BR,1BA | $1.67 |
| Heritage Green | 1BR/1BA | 1BR,1BA | $1.67 |
| 1021 Judge Ave, Unit 2nd Floor | 1021 Judge Ave | 1BR,1BA | $1.17 |
| CASA Apartments - Waukegan | Studio | Studio ,1BA | $1.35 |
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 Article
Real 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.
Read Article
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.
Let everyone know!
Do you know the Waukegan area?
If you’re an expert on all things Waukegan, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Waukegan, ILPopulation: 86,792
Ranked #385
in US Census Population by City
Best Local Schools in Waukegan, IL
Waukegan High School
Waukegan Community Unit School District 60
Public School - Grades 9-12 (4126)
1 out of 10
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 Waukegan
What type of rentals are currently available in Waukegan?
There are currently 323 Apartments for Rent in Waukegan, IL with pricing that ranges from $675 to $4,466. There are also 59 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waukegan ranging from $825 to $6,300.
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 $825 to $6,300 with an average monthly rent of $2,308.
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.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
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.