Cheap Apartments for Rent in the Lake Cogardens Neighborhood of Waukegan, IL from $600 (36 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lake Cogardens area of Waukegan.

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.

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Garden Park Apartments
Studio to 1 Bedroom Apartments

Garden Park Apartments

417 Franklin StWaukegan, IL 60085
  • Utilities Included
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Onan Senior Suites
Studio to 2 Bedroom Apartments

Onan Senior Suites

3305 Sunset AveWaukegan, IL 60087
Senior Living
  • Utilities Included
  • Smoke Free
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Little Fort Apartments
Studio to 1 Bedroom Apartments

Little Fort Apartments

520 N Genesee StWaukegan, IL 60085
  • Utilities Included

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.

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1740 North Ave
1 Bedroom Apartments

1740 North Ave

1740 North AveWaukegan, IL 60085
  • Utilities Included
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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 3 Bedroom Apartments

Regency Village

3150 W Grandville AveWaukegan, IL 60085
  • Utilities Included
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Sunset Village Apartments
1 to 2 Bedroom Apartments

Sunset Village Apartments

2205 N Butrick StWaukegan, IL 60087
Senior Living
  • Utilities Included
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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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415 N Sheridan Rd
1 Bedroom Apartments

415 N Sheridan Rd

415 N Sheridan RdWaukegan, IL 60085
  • Utilities Included

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.

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Hinkston Pond Apartments
1 to 2 Bedroom Apartments

Hinkston Pond Apartments

3040-3084 W Grandville AveWaukegan, IL 60085
  • Utilities Included
property at 3305 Sunset Ave

$1,190 - $1,195

1 Bedroom Rentals

Available Now

3305 Sunset Ave

WaukeganIL60087

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.

Lake Cogardens, Waukegan, IL Local Guide

Cheapest Available Lake Cogardens Apartments for Rent

 

The cheapest available apartment rental in the Lake Cogardens area of Waukegan, IL is a Studio unit found at CASA Apartments - Waukegan priced from $675. Cinnamon Lake Towers has the second lowest priced unit, which is a Studio apartment currently listed from $1,025. Here are the most affordable Lake Cogardens apartments for rent in Waukegan, IL:

Apartment ListingModel NameBed/BathPriced From
CASA Apartments - WaukeganStudioStudio,1BA$675
Cinnamon Lake TowersStudioStudio,1BA$1,025
Harbor LakeThe MinnowStudio,1BA$1,030
Kings Court Apartments1 bd1BR,1BA$1,150
Briarwood Apartments1BR/1BA1BR,1BA$1,175
Imperial Tower ApartmentsThe Park PlaceStudio,1BA$1,186
Linden Flats Apartments1 BR/1 BTH1BR,1BA$1,235
Heritage Green1BR/1BA1BR,1BA$1,250
Willow Wind2 bedroom 12BR,1BA$1,275
Fox CrestFox Den2BR,1BA$1,440

Best Value Apartments for Rent in Lake Cogardens, IL

As of April 13, 2026 the best value apartment in the Lake Cogardens area is the $1.77 price per square foot Hampton Model at Northgate Apartments in the in the North Waukegan neighborhood starting from $1,730. The second greatest value Lake Cogardens apartment is the 922 N Green Bay Rd Model at 922 N Green Bay Rd, Unit A05C starting at $1,995 with a $2.22 price per square foot in the Norshore Park neighborhood. Here is today’s list of the best values for Lake Cogardens apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Northgate ApartmentsHampton2BR,2BA$1.77
922 N Green Bay Rd, Unit A05C922 N Green Bay Rd2BR,1BA$2.22
Reserve at Eagle RidgeThe Thunderbird2BR,1BA$1.88
Fox CrestFox Den2BR,1.5BA$1.75
Willow Wind1 bedroom1BR,1BA$1.66
Kings Court Apartments1 bd1BR,1BA$1.44
Heritage Green1BR/1BA1BR,1BA$1.67
Briarwood Apartments1BR/1BA1BR,1BA$1.72
Linden Flats Apartments1 BR/1 BTH1BR,1BA$1.90
CASA Apartments - WaukeganStudioStudio ,1BA$1.35

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.

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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.

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The 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.

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Cash 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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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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Lifestyle Ratings

Our team of engineers and researchers works hard to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities and towns across the United States, including Waukegan. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Lake Cogardens Apartments

What is a cheap apartment in Lake Cogardens?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lake Cogardens is under $1,440.

What is the price of a cheap apartment in Lake Cogardens?

The cheapest apartment in Lake Cogardens is CASA Apartments - Waukegan which is listed at $775, while the average apartment in Lake Cogardens costs $2,750.

What types of apartments are the cheapest in Lake Cogardens?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 7 regular apartments in Lake Cogardens that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.