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

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Cheap Apartments in Waukegan.

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Karcher Artspace Lofts
1 to 2 Bedroom Apartments

Karcher Artspace Lofts

405 Washington StWaukegan, IL 60085
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Forest View Manor
1 Bedroom Apartments

Forest View Manor

1912 10TH StWaukegan, IL 60085
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3305 Sunset Ave
1 Bedroom Apartments

3305 Sunset Ave

3305 Sunset AveWaukegan, IL 60087
Senior Living
  • Utilities Included
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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
  • Utilities Included

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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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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Green Valley Apartments
1 to 2 Bedroom Apartments

Green Valley Apartments

4200 Greenleaf CtPark City, IL 60085
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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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2325 Lewis Ave
1 Bedroom Apartments

2325 Lewis Ave

2325 Lewis AveZion, 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: 05/09/2025

Current apartment rentals in the Waukegan, IL area range in price from $750 to $2,981 with an overall median price of $2,141. The three Waukegan neighborhoods with the lowest median rent pricing are North Waukegan at $750, Downtown Waukegan 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$2,117$75012
Downtown Waukegan$2,145$75016
Lake Cogardens$2,145$75022
Marquette Highlands$2,145$75013
Norshore Park$2,145$95014
Pleasant Hill$2,145$95011
Waukegan Downtown$2,145$7508

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
Beechwood at the PreserveOne Bedroom1BR,1BA$1,065
Heritage Green1BR/1BA1BR,1BA$1,150
Woodview Apartments1BR/1BA1BR,1BA$1,250
Imperial Tower ApartmentsThe Grand1BR,1BA$1,273
Linden Flats Apartments2 BR- 1 BTH2BR,1BA$1,310
Northgate ApartmentsDover1BR,1BA$1,385
The Lakes at Fountain Square Apartment HomesMichigan1BR,1BA$1,421
Carmel House1bdB1BR,1BA$1,515

Best Value Apartments for Rent in Waukegan, IL

As of May 09, 2025 the best value apartment in the Waukegan area is the $1.23 price per square foot 2135 Kemble Ave Model at 2135 Kemble Ave, Unit 1st floor-3bdrm in the in the North Center neighborhood starting from $1,600. The second greatest value Waukegan apartment is the The Grand Model at Imperial Tower Apartments starting at $1,273 with a $1.45 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.
2135 Kemble Ave, Unit 1st floor-3bdrm2135 Kemble Ave3BR,1BA$1.23
Imperial Tower ApartmentsThe Grand1BR,1BA$1.45
The Lakes at Fountain Square Apartment HomesOntario2BR,1BA$1.86
Linden Flats Apartments2 BR- 1 BTH2BR,1BA$1.69
Northgate ApartmentsDover1BR,1BA$1.79
Heritage Green1BR/1BA1BR,1BA$1.53
Fox CrestFox Crossing1BR,1BA$1.60
Beechwood at the PreserveOne Bedroom1BR,1BA$1.61
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 price of a cheap apartment in Waukegan?

The cheapest apartment in Waukegan is CASA Apartments - Waukegan which is listed at $750, while the average apartment in Waukegan costs $2,141.

What types of apartments are the cheapest in Waukegan?

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 16 regular apartments in Waukegan that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Waukegan?

Cheap apartments in Waukegan have an average cost of $203 which is $1,938 cheaper than the average rent for all rentals in Waukegan.

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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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.