Cheap Apartments for Rent in the Downtown Waukegan Neighborhood of Waukegan, IL from $400 (13 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Waukegan area of Waukegan.

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Karcher Artspace Lofts
1 to 2 Bedroom Apartments

Karcher Artspace Lofts

405 Washington StWaukegan, IL 60085
  • Utilities Included
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Forest View Manor
1 Bedroom Apartments

Forest View Manor

1912 10TH StWaukegan, IL 60085
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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3305 Sunset Ave
1 Bedroom Apartments

3305 Sunset Ave

3305 Sunset AveWaukegan, IL 60087
Senior Living
  • Utilities Included
  • Smoke Free
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1740 North Ave
1 Bedroom Apartments

1740 North Ave

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

Little Fort Apartments

520 N Genesee 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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Pioneer Park
1 Bedroom Apartments

Pioneer Park

750-754 N Pioneer RdWaukegan, IL 60085
  • Utilities Included
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2101 Lorraine Ave
2 Bedroom Apartments

2101 Lorraine Ave

2101 Lorraine AveWaukegan, IL 60087
  • Utilities Included
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Sunset Village
1 Bedroom Apartments

Sunset Village

2205 N Butrick StWaukegan, 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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Shoreline Terrace
2 Bedroom Apartments

Shoreline Terrace

38569-38619 N Sheridan RdBeach Park, IL 60099
  • Utilities Included

Downtown Waukegan, Waukegan, IL Local Guide

Cheapest Available Downtown Waukegan Apartments for Rent

 

The cheapest available apartment rental in the Downtown Waukegan area of Waukegan, IL is a 1 Bed unit found at CASA Apartments - Waukegan priced from $750. Sunset Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here are the most affordable Downtown Waukegan apartments for rent in Waukegan, IL:

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
Harbor LakeThe Guppy1BR,1BA$1,095
Heritage Green1BR/1BA1BR,1BA$1,150

Best Value Apartments for Rent in Downtown Waukegan, IL

As of May 11, 2025 the best value apartment in the Downtown Waukegan area is the $1.25 price per square foot The Baldwin Model at Imperial Tower Apartments in the in the North Waukegan neighborhood starting from $1,560. The second greatest value Downtown Waukegan apartment is the Harlequin Model at Landings at Amhurst Lake starting at $2,054 with a $2.04 price per square foot in the Pleasant Hill neighborhood. Here is today’s list of the best values for Downtown Waukegan apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Imperial Tower ApartmentsThe Baldwin2BR,2BA$1.25
Landings at Amhurst LakeHarlequin2BR,2BA$2.04
Reserve at Eagle RidgeThe Bluejay2BR,2BA$1.73
Fox CrestFox Den2BR,1.5BA$1.65
Linden Flats Apartments2 BR- 1 BTH2BR,1BA$1.69
Heritage Green1BR/1BA1BR,1BA$1.53
Harbor LakeThe Guppy1BR,1BA$1.54
Beechwood at the PreserveOne Bedroom1BR,1BA$1.61
CASA Apartments - Waukegan1 Bdrm1BR,1BA$1.25
Sunset Village1BR/1.0BA1BR,1BA$1.50

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Downtown Waukegan, Waukegan, IL

Ranked #1

Among neighborhoods in Waukegan, IL for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

Our team of engineers and researchers compares millions of points of data to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Waukegan. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Downtown Waukegan Neighborhood in Waukegan, IL

Walk Score®

68 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

46 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

34 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Downtown Waukegan Apartments

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

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

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

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Waukegan is starting from $1,250 at Beechwood at the Preserve.

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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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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.