Cheap Apartments for Rent in the Waukegan Downtown Neighborhood of Waukegan, IL from $400 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in the Waukegan Downtown area of Waukegan.

Imperial Tower Apartments

Heritage Green

Whispering Oaks Apartments

Briarwood Apartments

Madison West Apartment

Beechwood at the Preserve

Cinnamon Lake Towers

CASA Apartments - Waukegan
Waukegan Downtown, Waukegan, IL Local Guide

How much does it cost to rent an apartment in Waukegan Downtown?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Waukegan Downtown Studio Apartments | $1,063 | $950 | $1,252 |
Waukegan Downtown 1 Bedroom Apartments | $1,128 | $750 | $1,434 |
Waukegan Downtown 2 Bedroom Apartments | $1,401 | $1,225 | $1,759 |
Browse Apartments in this Neighborhood
There are currently 27 rentals with your search options within a 1 mile radius of the Waukegan Downtown Neighborhood of Waukegan, IL.
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Waukegan Downtown, Waukegan, IL Local Guide
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Cheapest Available Waukegan Downtown Apartments for Rent
 The cheapest available apartment rental in the Waukegan Downtown area of Waukegan, IL is a 1 Bed unit found at CASA Apartments - Waukegan priced from $750. Cinnamon Lake Towers has the second lowest priced unit, which is a Studio apartment currently listed from $975. Here are the most affordable Waukegan Downtown apartments for rent in Waukegan, IL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
CASA Apartments - Waukegan | 1 Bdrm | 1BR,1BA | $750 |
Cinnamon Lake Towers | Studio | Studio,1BA | $975 |
Beechwood at the Preserve | One Bedroom | 1BR,1BA | $1,065 |
Fox Crest | Fox Crossing | 1BR,1BA | $1,150 |
Heritage Green | 1BR/1BA | 1BR,1BA | $1,150 |
10 N Sheridan Rd. | 1BR/1.0BA | 1BR,1BA | $1,200 |
Best Value Apartments for Rent in Waukegan Downtown, IL
As of March 23, 2025 the best value apartment in the Waukegan Downtown area is the $1.53 price per square foot 1BR/1BA Model at Heritage Green in the in the North Waukegan neighborhood starting from $1,150. The second greatest value Waukegan Downtown apartment is the Fox Crossing Model at Fox Crest starting at $1,150 with a $1.59 price per square foot in the North Waukegan neighborhood. Here is today’s list of the best values for Waukegan Downtown apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Heritage Green | 1BR/1BA | 1BR,1BA | $1.53 |
Fox Crest | Fox Crossing | 1BR,1BA | $1.59 |
10 N Sheridan Rd. | 1BR/1.0BA | 1BR,1BA | $1.74 |
Beechwood at the Preserve | One Bedroom | 1BR,1BA | $1.61 |
CASA Apartments - Waukegan | 1 Bdrm | 1BR,1BA | $1.25 |
Cinnamon Lake Towers | Studio | Studio ,1BA | $2.26 |
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Pet Friendly LifestyleWaukegan Downtown, Waukegan, IL
Ranked #3
Among neighborhoods in Waukegan, IL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Waukegan Downtown, Waukegan, IL
Waukegan High School
School data provided by Great Schools
Best Local Schools in Waukegan Downtown, Waukegan, IL
Waukegan High School
School data provided by Great Schools
Frequently Asked Questions about Cheap Waukegan Downtown Apartments
What is a cheap apartment in Waukegan Downtown?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Waukegan Downtown is under $1,200.
What is the price of a cheap apartment in Waukegan Downtown?
The cheapest apartment in Waukegan Downtown is CASA Apartments - Waukegan which is listed at $750, while the average apartment in Waukegan Downtown costs $1,300.
What types of apartments are the cheapest in Waukegan Downtown?
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 39 regular apartments in Waukegan Downtown that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.

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.

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.

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.

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.