Cheap Apartments for Rent in the Waukegan Downtown Neighborhood of Waukegan, IL from $400 (27 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Karcher Artspace Lofts
1 to 2 Bedroom Apartments

Karcher Artspace Lofts

405 Washington StWaukegan, IL 60085
  • Utilities Included
close
View Me
Little Fort Apartments
Studio to 1 Bedroom Apartments

Little Fort Apartments

520 N Genesee StWaukegan, IL 60085
  • Utilities Included
close
View Me
Terrace Apartments
Studio to 2 Bedroom Apartments

Terrace Apartments

817-827 Grand AveWaukegan, IL 60085
close
View Me
100-108 S Genesee St
Studio to 2 Bedroom Apartments

100-108 S Genesee St

100-108 S Genesee StWaukegan, IL 60085
  • Utilities Included
close
View Me
200 N County St
1 Bedroom Apartments

200 N County St

200 N County StWaukegan, IL 60085
close
View Me
1415 Grand Ave
Studio to 2 Bedroom Apartments

1415 Grand Ave

1415 Grand AveWaukegan, IL 60085
close
View Me
Nature Creek
2 Bedroom Apartments

Nature Creek

1206 Brookside AveWaukegan, IL 60085
close
View Me
601 Hill St
2 Bedroom Apartments

601 Hill St

601 Hill StWaukegan, IL 60085
close
View Me
630-656 Pickus Ct
2 Bedroom Apartments

630-656 Pickus Ct

630-656 Pickus CtWaukegan, IL 60085
close
View Me
443 N Jackson St
2 Bedroom Apartments

443 N Jackson St

443 N Jackson StWaukegan, IL 60085
close
View Me
536 North Ave
Studio to 1 Bedroom Apartments

536 North Ave

536 North AveWaukegan, IL 60085
  • Utilities Included

Waukegan Downtown, Waukegan, IL Local Guide

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 ListingModel NameBed/BathPriced From
CASA Apartments - Waukegan1 Bdrm1BR,1BA$750
Cinnamon Lake TowersStudioStudio,1BA$975
Beechwood at the PreserveOne Bedroom1BR,1BA$1,065
Fox CrestFox Crossing1BR,1BA$1,150
Heritage Green1BR/1BA1BR,1BA$1,150
10 N Sheridan Rd.1BR/1.0BA1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Heritage Green1BR/1BA1BR,1BA$1.53
Fox CrestFox Crossing1BR,1BA$1.59
10 N Sheridan Rd.1BR/1.0BA1BR,1BA$1.74
Beechwood at the PreserveOne Bedroom1BR,1BA$1.61
CASA Apartments - Waukegan1 Bdrm1BR,1BA$1.25
Cinnamon Lake TowersStudioStudio ,1BA$2.26

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Waukegan Downtown, Waukegan, IL

Ranked #3

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

decorative image of woman handing cat to small boy

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.

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.

decorative image for What to Know About Fees and Fines When Renting article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

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.