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$1,000 - $2,000Studio to 1 Bedroom Apartments Contact Us For Availability
Madison West Apartment
515 W Madison StWaukegan, IL 60085
Cheap Apartments for Rent in the Waukegan Downtown Neighborhood of Waukegan, IL from $400 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the Waukegan Downtown area of Waukegan.
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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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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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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.
Showing Results 1-21, Page 1 of 1
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 | $1,250 | $1,000 | $1,500 |
| Waukegan Downtown 1 Bedroom Apartments | $1,341 | $1,000 | $2,000 |
| Waukegan Downtown 2 Bedroom Apartments | $2,100 | $2,100 | $2,100 |
| Waukegan Downtown 3 Bedroom Apartments | $1,537 | $1,499 | $1,575 |
Browse Apartments in this Neighborhood
There are currently 21 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
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 415 N Sheridan Rd | 415 N Sheridan RD | 1BR,1BA | $1,000 |
| 10 N Sheridan Rd. | 1BR/1.0BA | 1BR,1BA | $1,300 |
Best Value Apartments for Rent in Waukegan Downtown, IL
As of December 30, 2025 the best value apartment in the Waukegan Downtown area is the $2.00 price per square foot 2BR/1.0BA Model at 10 N Sheridan Rd. in the in the Waukegan Downtown neighborhood starting from $2,100. The second greatest value Waukegan Downtown apartment is the 1318 Clarkson St Model at 1318 Clarkson St, Unit 1318 Clarkson Street starting at $1,000 with a $1.43 price per square foot in the Waukegan Downtown neighborhood. Here is today’s list of the best values for Waukegan Downtown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 10 N Sheridan Rd. | 2BR/1.0BA | 2BR,1BA | $2.00 |
| 1318 Clarkson St, Unit 1318 Clarkson Street | 1318 Clarkson St | 1BR,1BA | $1.43 |
| 802 Grand Ave, Unit 5 | 802 Grand Ave | 1BR,1BA | $1.73 |
| 415 N Sheridan Rd | 415 N Sheridan RD | 1BR,1BA | $2.00 |
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.
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.
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.
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Pet Friendly LifestyleWaukegan Downtown, Waukegan, IL
Ranked #6
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Waukegan Downtown, Waukegan, IL
Waukegan High School
Waukegan Community Unit School District 60
Public School - Grades 9-12 (4355)
1 out of 10
School data provided by Great Schools
Frequently Asked Questions about Cheap Waukegan Downtown Apartments
How much is rent for a Cheap One Bedroom Waukegan Downtown Apartment?
The lowest price for a Cheap One Bedroom Waukegan Downtown Apartment is $1,000 at 415 N Sheridan Rd.
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
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!