
Cheap Apartments for Rent in the Waukegan Downtown Neighborhood of Waukegan, IL from $400 (38 Rentals)
Search the lowest-cost Apartments available for rent right now in the Waukegan Downtown area of Waukegan.


200 N County St

100-108 S Genesee St

709 S Mcalister Ave

242 S Victory St

1415 Grand Ave

5 Apartment Bldg

702-704 Walnut St

630-656 Pickus Ct
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.

443 N Jackson St

601 Hill St

222 N West St

700-718 N Linden Ave

Lorraine Apartments

405-409 Franklin St

GRAND AVE. - 1011

301-303 N Butrick St

115 South Ave
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.

128-130 S Lewis Ave

Barwell Manor

624 N County St

124-126 N Genesee St

Garden Park Apartments

Lakeside Tower Apartments

Karcher Artspace Lofts

LITTLE FORT APARTMENTS LLC

817-827 Grand Ave
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.

Oak Bluff Townhomes

Courtyard Townhouses

Washington Manor Apartments

Nature Creek

536 North Ave

521-523 N Genesee St

Magnolia Apartments

Art Apartments

724-728 Grand Ave
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.

136 N Butrick

Red Oaks Apartments
Waukegan Downtown, Waukegan, IL Local Guide

How much does it cost to rent an apartment in Waukegan Downtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waukegan Downtown Studio Apartments | $1,200 | $1,150 | $1,250 |
| Waukegan Downtown 1 Bedroom Apartments | $1,250 | $1,250 | $1,250 |
| Waukegan Downtown 2 Bedroom Apartments | $1,800 | $1,700 | $1,900 |
Browse Apartments in this Neighborhood
There are currently 38 rentals with your search options within a 1 mile radius of the Waukegan Downtown Neighborhood of Waukegan, IL.
See all Apartments in WaukeganExplore Waukegan
Waukegan Downtown, Waukegan, IL Local Guide
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Cheapest Available Waukegan Downtown Apartments for Rent
 The cheapest available apartment rental in the Waukegan Downtown area of Waukegan, IL is a Studio unit found at LITTLE FORT APARTMENTS LLC priced from $895. GRAND AVE. - 1011 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,195. Here are the most affordable Waukegan Downtown apartments for rent in Waukegan, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| LITTLE FORT APARTMENTS LLC | LITTLE FORT APARTMENTS LLC - 414 | Studio,1BA | $895 |
| GRAND AVE. - 1011 | GRAND AVE. - 1011 - Apt 1... | 1BR,1BA | $1,195 |
| Madison West Apartments | 1 BR / 1 BA | 1BR,1BA | $1,250 |
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.
Best Local Schools in Waukegan Downtown, Waukegan, IL
Waukegan High School
School data provided by Great Schools
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.

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.