Cheap Apartments for Rent in Waukegan, IL from $400 (38 Rentals)

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Forest View Manor
1 Bedroom Apartments

Forest View Manor

1912 10TH StWaukegan, IL 60085
Utilities inc.
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Onan Senior Suites
1 Bedroom Apartments

Onan Senior Suites

3305 Sunset AveWaukegan, IL 60087
Senior Living
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1740 North Ave
1 Bedroom Apartments

1740 North Ave

1740 North AveWaukegan, IL 60085
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Little Fort Apartments
Studio to 1 Bedroom Apartments

Little Fort Apartments

520 N Genesee StWaukegan, IL 60085
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Pioneer Park
1 Bedroom Apartments

Pioneer Park

750-754 N Pioneer RdWaukegan, IL 60085
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Sunset Village
1 Bedroom Apartments

Sunset Village

2205 N Butrick StWaukegan, IL 60087
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2101 Lorraine Ave
2 Bedroom Apartments

2101 Lorraine Ave

2101 Lorraine AveWaukegan, IL 60087
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Regency Village
1 to 2 Bedroom Apartments

Regency Village

3150 W Grandville AveWaukegan, IL 60085
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The Chateau Royale
Studio to 2 Bedroom Apartments

The Chateau Royale

625 S Dilger AveWaukegan, IL 60085
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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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Hinkston Pond Apartments
1 to 2 Bedroom Apartments

Hinkston Pond Apartments

3040-3084 W Grandville AveWaukegan, IL 60085
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Brookstone Apartments
1 to 2 Bedroom Apartments

Brookstone Apartments

4247 Hickory Hills DrWaukegan, IL 60087
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Forest Glen
1 to 2 Bedroom Apartments

Forest Glen

2012 Gilead AveZion, IL 60099
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Shoreline Terrace
2 Bedroom Apartments

Shoreline Terrace

38569-38619 N Sheridan RdBeach Park, IL 60099
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Moraine East Apartments
1 to 3 Bedroom Apartments

Moraine East Apartments

820 N Milwaukee AveLibertyville, IL 60048
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Wildflower on 27th
1 Bedroom Apartments

Wildflower on 27th

2929-2931 27th StZion, IL 60099
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Liberty Terrace
2 to 3 Bedroom Apartments

Liberty Terrace

232 E Church StLibertyville, IL 60048

Waukegan, IL Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Waukegan, IL

Pricing Updated: 02/21/2025

Current apartment rentals in the Waukegan, IL area range in price from $750 to $2,783 with an overall median price of $1,805. The three Waukegan neighborhoods with the lowest median rent pricing are North Waukegan at $750, Marquette Highlands at $750, and Lake Cogardens at $750. Here is today’s list of the top 7 neighborhoods with the lowest median pricing for Waukegan Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
North Waukegan$1,410$750169
Marquette Highlands$1,503$750261
Lake Cogardens$1,824$750441
Downtown Waukegan$1,975$750353
Norshore Park$1,975$925340
Pleasant Hill$1,975$925301
Waukegan Downtown$1,975$750293

Cheapest Available Waukegan Apartments for Rent

 

The cheapest available apartment rental in Waukegan, IL is a 1 Bed unit found at CASA Apartments - Waukegan in the North Waukegan neighborhood priced from $750. 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 ListingModel NameBed/BathPriced From
CASA Apartments - Waukegan1 Bdrm1BR,1BA$750
Sunset Village1BR/1.0BA1BR,1BA$900
Madison West ApartmentStudioStudio,1BA$925
Cinnamon Lake TowersStudioStudio,1BA$975
2325 Lewis AveONE BEDROOM1BR,1BA$975
Beechwood at the PreserveOne Bedroom1BR,1BA$1,065
Imperial Tower ApartmentsThe Park PlaceStudio,1BA$1,108
Linden Flats Apartments1 BR-1 BTH1BR,1BA$1,135
Heritage Green1BR/1BA1BR,1BA$1,150
10 N Sheridan Rd.1BR/1.0BA1BR,1BA$1,200

Best Value Apartments for Rent in Waukegan, IL

As of February 22, 2025 the best value apartment in the Waukegan area is the $1.58 price per square foot 519 Cummings Ave Model at 519 Cummings Ave, Unit #2 in the in the Waukegan Downtown neighborhood starting from $1,975. The second greatest value Waukegan apartment is the Fox Chase Model at Fox Crest starting at $1,435 with a $1.55 price per square foot in the North Waukegan neighborhood. Here is today’s list of the best values for Waukegan apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
519 Cummings Ave, Unit #2519 Cummings Ave4BR,2BA$1.58
Fox CrestFox Chase2BR,1.5BA$1.55
NorthEnd Apartments1X11BR,1BA$1.72
2325 Lewis AveONE BEDROOM1BR,1BA$1.30
Heritage Green1BR/1BA1BR,1BA$1.53
10 N Sheridan Rd.1BR/1.0BA1BR,1BA$1.74
Beechwood at the PreserveOne Bedroom1BR,1BA$1.61
Linden Flats Apartments1 BR-1 BTH1BR,1BA$1.75
CASA Apartments - Waukegan1 Bdrm1BR,1BA$1.25
Sunset Village1BR/1.0BA1BR,1BA$1.50

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Waukegan Overview

Waukegan is a picturesque town on the western coast of Lake Michigan, just north of Chicago. Although buffeted with cold winter weather, it has a warm character. History is celebrated through museums and historic buildings, while its diversity is celebrated through lively festivals year-round. Finally, Waukegan is a convenient drive from both Chicago and Milwaukee. This lets residents visit those cities when they want a change of pace.

Why live in Waukegan, IL?

Waukegan is a town that keeps its rich history in mind even as it looks toward the future. Near to Chicago but distinct from it, this 'little fort' has served as a peaceful home for generations of families. It has also captured the imagination of creative minded people, from award-winning authors to humble artists creating for the joy of it. If you're looking for a community where you can set down roots, Waukegan may be a great option for you.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Waukegan, IL Rentals by Map

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Getting Around Waukegan, IL

Walk Score®

54 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

43 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

28 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Waukegan Apartments

What is the Cheapest Studio apartment in Waukegan?

Currently the most affordable Cheap Studio Apartment in Waukegan is at Madison West Apartment listed at $925.

How much is rent for a Cheap One Bedroom Waukegan Apartment?

The lowest price for a Cheap One Bedroom Waukegan Apartment is $750 at CASA Apartments - Waukegan.

What is the lowest price for a Cheap Two Bedroom Waukegan Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Waukegan is starting from $1,225 at Cinnamon Lake Towers.

What is the most affordable Waukegan Three Bedroom Apartment?

The best deal on a cheap Waukegan Three Bedroom Apartment rental is at Eleven5 Lake and starts from $3,745.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.