Average Rent in Waukegan, IL
What is the average rent in Waukegan, IL?
The average listed apartment rent in Waukegan, IL is $1,731 per month, as of November 6, 2026. This sample includes 88 priced apartments in 7 buildings. These are tracked asking prices, not signed leases.
We use published total monthly rent when known and base rent otherwise. Unknown fees remain unknown. Included building observations run from November 5, 2026 through November 6, 2026. Buildings without a qualifying price do not count in this sample. The guide directory can include more buildings.
7 apartment buildings, 88 units. Recorded asking prices and price history where available.
Browse apartments in Waukegan, ILCheapest
$1,050/mo
Harbor Lake Apartments
Properties
7
tracked daily
Units
88
available now
Waukegan, IL Resident Access
City Club members share insider gate codes, parking links, and amenity tips.
Analysis
Rent Price Breakdown
Compare pricing across all 7 properties in Waukegan, IL.
Average rent trend, last 3 months
All bedroom types, citywide. Choose a window above to scope the view.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
Waukegan, IL Rent Prices
All 7 properties ranked by lowest available rent.
Harbor Lake Apartments
1610 Sunset Ave, Waukegan, IL 60087, USA
Imperial Tower Apartments
805 Baldwin Ave, Waukegan, IL 60085, USA
Fox Crest Apartments
2805 W Glen Flora Ave, Waukegan, IL 60085, USA
The Lakes at Fountain Square Apartment Homes
500 Lakehurst Rd, Waukegan, IL 60085, USA
Centennial Apartments
4337 Centennial Ct, Gurnee, IL 60031, USA
Luna Park
1800 Wedgewood Dr, Gurnee, IL 60031, USA
The Preserve at Osprey Lake Apartments
2025 Greystem Cir, Gurnee, IL 60031, USA
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | Harbor Lake Apartments 1610 Sunset Ave, Waukegan, IL 60087, USA | $1,050 | $1,310 | $1.66/ft² | 3.5 (203) | 9 |
| 2 | Imperial Tower Apartments 805 Baldwin Ave, Waukegan, IL 60085, USA | $1,164 | $1,482 | $2.07/ft² | 3.9 (129) | 16 |
| 3 | Fox Crest Apartments 2805 W Glen Flora Ave, Waukegan, IL 60085, USA | $1,215 | $1,422 | $1.64/ft² | 3.9 (141) | 10 |
| 4 | The Lakes at Fountain Square Apartment Homes 500 Lakehurst Rd, Waukegan, IL 60085, USA | $1,449 | $2,006 | $2.69/ft² | 4.1 (286) | 6 |
| 5 | Centennial Apartments 4337 Centennial Ct, Gurnee, IL 60031, USA | $1,495 as of Aug 16 | $1,495 | $1.66/ft² | 4 (7) | 1 |
| 6 | Luna Park 1800 Wedgewood Dr, Gurnee, IL 60031, USA | $1,600 | $1,732 | $2.06/ft² | 4 (119) | 9 |
| 7 | The Preserve at Osprey Lake Apartments 2025 Greystem Cir, Gurnee, IL 60031, USA | $1,777 | $2,007 | $2.10/ft² | 4.2 (402) | 29 |
Rent & Price History by Building
Compare apartment listings by price, bedrooms, and neighborhood.
Harbor Lake Apartments
3.5 (203)1610 Sunset Ave, Waukegan, IL 60087, USA
Imperial Tower Apartments
3.9 (129)805 Baldwin Ave, Waukegan, IL 60085, USA
Fox Crest Apartments
3.9 (141)2805 W Glen Flora Ave, Waukegan, IL 60085, USA
The Lakes at Fountain Square Apartment Homes
4.1 (286)500 Lakehurst Rd, Waukegan, IL 60085, USA
Centennial Apartments
4 (7)4337 Centennial Ct, Gurnee, IL 60031, USA
Luna Park
4 (119)1800 Wedgewood Dr, Gurnee, IL 60031, USA
By Area
Waukegan, IL neighborhoods
Tracked buildings across 3 named neighborhoods. Pick one to see its apartments.
Waukegan, IL Average Rent Prices 2026
The average listed rent in Waukegan, IL is $1,731 per month, based on 88 units across 7 apartment communities. Prices range from $1,050 at Harbor Lake Apartments to $2,685 at The Lakes at Fountain Square Apartment Homes.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| Studio | $1,230/mo | $1,050/mo | 5 |
| 1 Bed | $1,626/mo | $1,195/mo | 31 |
| 2 Bed | $1,812/mo | $1,368/mo | 50 |
| 3 Bed | $2,551/mo | $2,416/mo | 2 |
We schedule daily price checks. The included observations can have different dates. Request an area we do not cover so we can review it for coverage.
Market Context
Who rents in Waukegan, IL, and what they pay
Tracked one-bedroom rent in Waukegan, IL averages $1,626/mo , with two-bedroom units averaging $1,812/mo. At the local median household income of $70,578, that works out to 29% of gross income, near the 30 percent affordability ceiling.
The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Waukegan, IL at $1,163/mo. The current tracked market average runs 49% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Waukegan, IL while the tracked market average covers units currently listed in larger apartment communities.
What salary do I need to live comfortably in Waukegan, IL?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$69,000/year
Based on the 30 percent rule, using our tracked average rent of $1,731/mo.
Comfortable income
$83,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,050/mo), you need to earn at least $42,000/year.
Median household income in Waukegan, IL is $70,578 , about 15% below the comfortable-living threshold.
Cost of living in Waukegan, IL
Overall prices in Waukegan, IL runs above the national average by about 2% (BEA Regional Price Parity index 102.5, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Waukegan, IL's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,731 |
| Utilities | $477 |
| Groceries | $563 |
| Transportation | $1,138 |
| Healthcare | $555 |
| Other goods and services | $888 |
| Estimated total | $5,352/mo |
Population
88,919
Median household income
$70,578
Census median rent
$1,163/mo
Census rent burden
27.7%
Median age
34.6
Mean commute
26 min
Methodology
Rent data
We use listed asking rents and schedule daily data updates. Individual buildings can have different verification dates. Check the building or unit page for its latest price and availability.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
We estimate annual income by dividing annual rent by 30 percent for the affordability figure and 25 percent for the comfortable-income figure. These estimates are a guide, not a guarantee of rental approval.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Compare
Nearby cities in Illinois
How Waukegan, IL rent compares to other markets in the state.
| City | Avg Rent | vs Waukegan, IL | 30-Day Change | Properties |
|---|---|---|---|---|
| Chicago, IL | $2,996 | +73% | -0.9% | 36 |
| Aurora, IL | $2,089 | +21% | +1.9% | 15 |
| Schaumburg, IL | $2,447 | +41% | -1.3% | 13 |
| Naperville, IL | $2,425 | +40% | +5.6% | 12 |
| Rockford, IL | $1,326 | -23% | -1.3% | 12 |
| Evanston, IL | $3,061 | +77% | -0.2% | 11 |
Frequently asked questions
What is the average rent in Waukegan, IL?
The average listed apartment rent in Waukegan, IL is $1,731 per month, as of November 6, 2026. This sample includes 88 priced apartments in 7 buildings. These are tracked asking prices, not signed leases.
What is the median rent in Waukegan, IL?
The median asking rent in Waukegan, IL is $1,789 per month, computed from 88 priced listings; check the observation dates shown on this page. The average is $1,731/mo; the median resists skew from luxury listings.
What is the cheapest apartment rent in Waukegan, IL?
The lowest available rent in Waukegan, IL starts at $1,050 per month. Confirm current availability, fees, and lease terms with the selected listing.
How much is a 1-bedroom apartment in Waukegan, IL?
1-bedroom apartments in Waukegan, IL average $1,626/mo. The lowest listed 1-bedroom starts at $1,195/mo across 31 units tracked.
How much is a 2-bedroom apartment in Waukegan, IL?
2-bedroom apartments in Waukegan, IL average $1,812/mo. Units start from $1,368/mo across 50 units currently listed.
Rent Trends in Waukegan, IL
Track how apartment prices are changing over time.
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