3910 Ellis Ave
GurneeIL60031
Cheap Homes for Rent in Waukegan, IL from $800 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Waukegan.
3305 Sunset Ave
WaukeganIL60087
2902 31st St
ZionIL60099
3301 Colgate Ave
ZionIL60099
2900 Elizabeth Ave
ZionIL60099
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.
1915 Seymour Ave
North ChicagoIL60064
2318 Washington St
WaukeganIL60085
38683 N Lewis Ave
Beach ParkIL60099
1139 Lincoln St
North ChicagoIL60064
1139 Lincoln St
North ChicagoIL60064
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.
3305 Sunset Ave
WaukeganIL60087
737 Walnut St
WaukeganIL60085
826 N Milwaukee Ave
LibertyvilleIL60048
202 S Park Ave
WaukeganIL60085
3353 Beacon St
North ChicagoIL60064
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.
Showing Results 1-15, Page 1 of 1
Waukegan, IL Local Guide
How much does it cost to rent a home in Waukegan?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waukegan 2 Bedroom Homes for Rent | $2,038 | $1,350 | $3,495 |
| Waukegan 3 Bedroom Homes for Rent | $2,445 | $1,650 | $3,650 |
| Waukegan 4 Bedroom Homes for Rent | $3,924 | $2,475 | $8,500 |
| Waukegan 5 Bedroom Homes for Rent | $3,725 | $3,650 | $3,800 |
Browse Top Homes for Rent in Waukegan
Explore Waukegan
Waukegan, IL Local Guide
- Waukegan Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Waukegan, IL
Pricing Updated: 05/13/2025Current apartment rentals in the Waukegan, IL area range in price from $800 to $2,500 with an overall median price of $2,210. The three Waukegan neighborhoods with the lowest median rent pricing are Waukegan Downtown at $1,650, North Waukegan at $1,900, and Lake Cogardens at $800. Here is today’s list of the top 7 neighborhoods with the lowest median pricing for Waukegan Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Waukegan Downtown | $1,925 | $1,650 | 2 |
| North Waukegan | $1,950 | $1,900 | 3 |
| Lake Cogardens | $2,000 | $800 | 9 |
| Marquette Highlands | $2,100 | $1,650 | 7 |
| Downtown Waukegan | $2,500 | $800 | 15 |
| Norshore Park | $2,500 | $800 | 8 |
| Pleasant Hill | $2,500 | $1,500 | 7 |
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| CASA Apartments - Waukegan | 1 Bdrm | 1BR,1BA | $750 |
| Sunset Village | 1BR/1.0BA | 1BR,1BA | $900 |
| Beechwood at the Preserve | One Bedroom | 1BR,1BA | $1,065 |
| Heritage Green | 1BR/1BA | 1BR,1BA | $1,150 |
| Woodview Apartments | 1BR/1BA | 1BR,1BA | $1,250 |
Best Value Apartments for Rent in Waukegan, IL
As of May 13, 2025 the best value apartment in the Waukegan area is the $2.20 price per square foot 3 Bedroom / 2 Bathroom Model at Eleven5 Lake in the in the Central Vernon Hills neighborhood starting from $3,745. The second greatest value Waukegan apartment is the 2135 Kemble Ave Model at 2135 Kemble Ave, Unit 1st floor-3bdrm starting at $1,600 with a $1.23 price per square foot in the North Center neighborhood. Here is today’s list of the best values for Waukegan apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Eleven5 Lake | 3 Bedroom / 2 Bathroom | 3BR,2BA | $2.20 |
| 2135 Kemble Ave, Unit 1st floor-3bdrm | 2135 Kemble Ave | 3BR,1BA | $1.23 |
| Imperial Tower Apartments | The Baldwin | 2BR,2BA | $1.25 |
| Linden Flats Apartments | 2 BR- 1 BTH | 2BR,1BA | $1.69 |
| Heritage Green | 1BR/1BA | 1BR,1BA | $1.53 |
| The Preserve at Osprey Lake | The Sanderling III | 1BR,1BA | $2.54 |
| Beechwood at the Preserve | One Bedroom | 1BR,1BA | $1.61 |
| Woodview Apartments | 1BR/1BA | 1BR,1BA | $1.92 |
| CASA Apartments - Waukegan | 1 Bdrm | 1BR,1BA | $1.25 |
| Sunset Village | 1BR/1.0BA | 1BR,1BA | $1.50 |
Quick 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.
Let everyone know!
Do you know the Waukegan area?
If you’re an expert on all things Waukegan, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Frequently Asked Questions about Waukegan
What type of rentals are currently available in Waukegan?
There are currently 316 Apartments for Rent in Waukegan, IL with pricing that ranges from $750 to $4,653. There are also 64 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waukegan ranging from $800 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 $800 to $8,500 with an average monthly rent of $2,736.
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 $1,650 to $3,650. Four Bedroom Single-Family rentals are also available starting from $2,475 and Four Bedroom Apartments start at $2,145.
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.
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.
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.
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.
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.