
Cheap Apartments for Rent in the Lake Cogardens Neighborhood of Waukegan, IL from $600 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Cogardens area of Waukegan.


Cinnamon Lake Towers

Harbor Lake

Hinkston Pond Apartments

Total Monthly Price
Imperial Tower Apartments

Onan Senior Suites

Garden Park Apartments
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.

LITTLE FORT APARTMENTS LLC

Lakeside Tower Apartments

Chapa Apartments

Sunset Village

NORTH AVE. -1740

2850 W Grandville Ave

2000-2030 N Pine St
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.

415 N Sheridan Rd

2614 Grand Ave

Regency Village

1001 Grand Ave

1001 W Grand Ave

Oak Bluff Townhomes

3910 Ellis Ave
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.
Lake Cogardens, Waukegan, IL Local Guide

How much does it cost to rent an apartment in Lake Cogardens?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Cogardens Studio Apartments | $1,088 | $675 | $1,453 |
| Lake Cogardens 1 Bedroom Apartments | $1,272 | $775 | $1,659 |
| Lake Cogardens 2 Bedroom Apartments | $1,641 | $950 | $2,900 |
| Lake Cogardens 3 Bedroom Apartments | $2,215 | $1,050 | $2,950 |
Browse Apartments in this Neighborhood
There are currently 21 rentals with your search options within a 2 mile radius of the Lake Cogardens Neighborhood of Waukegan, IL.
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Lake Cogardens, Waukegan, IL Local Guide
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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. Sunset Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here are the most affordable Lake Cogardens apartments for rent in Waukegan, IL:
| 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 |
| LITTLE FORT APARTMENTS LLC | LITTLE FORT APARTMENTS LLC - 411 | 1BR,1BA | $1,050 |
| Imperial Tower Apartments | The Michigan | Studio,1BA | $1,083 |
Best Value Apartments for Rent in Lake Cogardens, IL
As of July 12, 2026 the best value apartment in the Lake Cogardens area is the $1.78 price per square foot Hampton Model at Northgate Apartments in the in the North Waukegan neighborhood starting from $1,745. The second greatest value Lake Cogardens apartment is the 1520 Westmoreland Ave Model at 1520 Westmoreland Ave, Unit 2 Bedroom Apartment starting at $1,400 with a $1.47 price per square foot in the North Waukegan neighborhood. Here is today’s list of the best values for Lake Cogardens apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Northgate Apartments | Hampton | 2BR,2BA | $1.78 |
| 1520 Westmoreland Ave, Unit 2 Bedroom Apartment | 1520 Westmoreland Ave | 2BR,1BA | $1.47 |
| Reserve at Eagle Ridge | The Tawny | 2BR,1BA | $1.81 |
| Kings Court Apartments | 1 bd | 1BR,1BA | $1.56 |
| Willow Wind | 1 bedroom | 1BR,1BA | $1.75 |
| Sunset Village | 1BR/1.0BA | 1BR,1BA | $1.13 |
| Heritage Green | 1BR/1BA | 1BR,1BA | $1.67 |
| Harbor Lake | The Guppy | 1BR,1BA | $1.68 |
| Briarwood Apartments | 1BR/1BA | 1BR,1BA | $1.72 |
| 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 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.
Read ArticleQuick 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.
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 the Cheapest Studio apartment in Lake Cogardens?
Currently the most affordable Cheap Studio Apartment in Lake Cogardens is at CASA Apartments - Waukegan listed at $675.
How much is rent for a Cheap One Bedroom Lake Cogardens Apartment?
The lowest price for a Cheap One Bedroom Lake Cogardens Apartment is $775 at CASA Apartments - Waukegan.
What is the lowest price for a Cheap Two Bedroom Lake Cogardens Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lake Cogardens is starting from $950 at CASA Apartments - Waukegan.
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

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.