Cheap Homes for Rent in Waukegan, IL from $1,100 (13 Rentals)

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property at 1915 Seymour Ave

1915 Seymour Ave

North ChicagoIL60064

Waukegan, IL Local Guide

Cheapest Neighborhoods for Apartments in Waukegan, IL

Pricing Updated: 03/23/2025

Current apartment rentals in the Waukegan, IL area range in price from $750 to $3,054 with an overall median price of $1,673. The three Waukegan neighborhoods with the lowest median rent pricing are Waukegan Downtown at $750, North Waukegan at $750, and Marquette Highlands 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
Waukegan Downtown$1,300$750175
North Waukegan$1,410$750115
Marquette Highlands$1,442$750174
Downtown Waukegan$1,690$750271
Pleasant Hill$1,848$950205
Norshore Park$1,875$950240
Lake Cogardens$2,150$750312

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
Cinnamon Lake TowersStudioStudio,1BA$975
Sheridan Center ApartmentsOne Bedroom1BR,1BA$990
Beechwood at the PreserveOne Bedroom1BR,1BA$1,065

Best Value Apartments for Rent in Waukegan, IL

As of March 23, 2025 the best value apartment in the Waukegan area is the $1.04 price per square foot 2409 Gilboa Ave Model at 2409 Gilboa Ave, Unit 1 in the in the Shepherds Crossing neighborhood starting from $2,500. The second greatest value Waukegan apartment is the B1 Model at Savanna Ridge starting at $1,925 with a $1.84 price per square foot in the Wildwood on Gages Lake 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.
2409 Gilboa Ave, Unit 12409 Gilboa Ave4BR,1.5BA$1.04
Savanna RidgeB12BR,1BA$1.84
Northgate ApartmentsHampton2BR,2BA$1.66
Heritage Green1BR/1BA1BR,1BA$1.53
Sheridan Center ApartmentsOne Bedroom1BR,1BA$1.32
Fox CrestFox Crossing1BR,1BA$1.59
10 N Sheridan Rd.1BR/1.0BA1BR,1BA$1.74
Beechwood at the PreserveOne Bedroom1BR,1BA$1.61
Sunset Village1BR/1.0BA1BR,1BA$1.50
CASA Apartments - Waukegan1 Bdrm1BR,1BA$1.25

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Frequently Asked Questions about Waukegan

What type of rentals are currently available in Waukegan?

There are currently 318 Apartments for Rent in Waukegan, IL with pricing that ranges from $750 to $4,395. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waukegan ranging from $1,190 to $8,500.

What is the current price range for Rental Homes in Waukegan?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Waukegan ranges from $1,190 to $8,500 with an average monthly rent of $2,587.

How much are larger Three and Four Bedroom Rentals in Waukegan?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Waukegan range from $1,600 to $4,395, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $4,800. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $1,690.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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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.