3910 Ellis Ave
GurneeIL60031
Cheap Homes for Rent in Waukegan, IL from $800 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Waukegan.
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$9751 Bedroom Apartments Available Now
3204 Lebanon Ave
3204 Lebanon AveZion, IL 60099
3060 Kathe Ln
WaukeganIL60085
3305 Sunset Ave
WaukeganIL60087
2206 Enoch Ave
ZionIL60099
2048 N Sheridan Rd
WaukeganIL60087
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
1001 W Grand Ave
WaukeganIL60085
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$1,2002 Bedroom Apartments Available May 20
2600 Elim Ave, Unit Unit 3
2600 Elim AveZion, IL 60099
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$1,2002 Bedroom Apartments Available May 15
2600 Elim Ave, Unit 4
2600 Elim AveZion, IL 60099
1001 Grand Ave
WaukeganIL60085
1701 North Ave
WaukeganIL60085
771 Greenview St
GurneeIL60031
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.
3060 Kathe Ln
WaukeganIL60085
Showing Results 1-13, 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 | $1,885 | $1,400 | $2,200 |
| Waukegan 3 Bedroom Homes for Rent | $2,065 | $1,650 | $2,800 |
| Waukegan 4 Bedroom Homes for Rent | $3,800 | $2,500 | $6,000 |
| Waukegan 5 Bedroom Homes for Rent | $3,610 | $3,610 | $3,610 |
| Waukegan 6 Bedroom Homes for Rent | $4,000 | $4,000 | $4,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Waukegan, IL Local Guide
- Waukegan Neighborhoods
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Cheapest Neighborhoods for Apartments in Waukegan, IL
Pricing Updated: 05/05/2026Current apartment rentals in the Waukegan, IL area range in price from $675 to $6,163 with an overall median price of $3,288. The three Waukegan neighborhoods with the lowest median rent pricing are Norshore Park at $1,050, Pleasant Hill at $1,050, and Waukegan Downtown at $1,050. 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 | $1,050 | 15 |
| Pleasant Hill | $1,980 | $1,050 | 16 |
| Waukegan Downtown | $2,000 | $1,050 | 6 |
| Downtown Waukegan | $3,754 | $675 | 29 |
| Lake Cogardens | $4,337 | $675 | 23 |
| Marquette Highlands | $4,337 | $675 | 22 |
| North Waukegan | $4,921 | $675 | 13 |
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. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| CASA Apartments - Waukegan | Studio | Studio,1BA | $675 |
| Sunset Village | 1BR/1.0BA | 1BR,1BA | $900 |
| Cinnamon Lake Towers | Studio | Studio,1BA | $1,025 |
| Kings Court Apartments | 1 bd | 1BR,1BA | $1,150 |
| Briarwood Apartments | 1BR/1BA | 1BR,1BA | $1,175 |
Best Value Apartments for Rent in Waukegan, IL
As of May 06, 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 2 Bed 1 Bath Renovated Model at Country Chalet Apartments starting at $1,460 with a $1.54 price per square foot in the Shepherds Crossing 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 |
| Country Chalet Apartments | 2 Bed 1 Bath Renovated | 2BR,1BA | $1.54 |
| 1520 Westmoreland Ave, Unit 2 Bedroom Apartment | 1520 Westmoreland Ave | 2BR,1BA | $1.47 |
| Imperial Tower Apartments | The Grand | 1BR,1BA | $1.44 |
| Kings Court Apartments | 1 bd | 1BR,1BA | $1.44 |
| Willow Wind | 1 bedroom | 1BR,1BA | $1.66 |
| Madison West Apartment | 1 BR / 1 BA | 1BR,1BA | $1.67 |
| Heritage Green | 1BR/1BA | 1BR,1BA | $1.67 |
| Sunset Village | 1BR/1.0BA | 1BR,1BA | $1.64 |
| CASA Apartments - Waukegan | Studio | Studio ,1BA | $1.35 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
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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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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 320 Apartments for Rent in Waukegan, IL with pricing that ranges from $675 to $6,163. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waukegan ranging from $800 to $6,000.
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 $800 to $6,000 with an average monthly rent of $2,763.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.