Average Rent in Waukegan, IL
9 apartment buildings, 91 units. Daily asking prices with rent history for every building.
Cheapest
$900/mo
BLI Properties
Properties
9
tracked daily
Units
91
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 9 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 9 properties ranked by lowest available rent.
BLI Properties
401 S Lewis Ave, Waukegan, IL 60085, USA
Imperial Tower Apartments
805 Baldwin Ave, Waukegan, IL 60085, USA
Fox Crest Apartments
2805 W Glen Flora Ave, Waukegan, IL 60085, USA
Harbor Lake Apartments
1610 Sunset Ave, Waukegan, IL 60087, USA
The Lakes at Fountain Square Apartment Homes
500 Lakehurst Rd, Waukegan, IL 60085, USA
Centennial Apartments
4337 Centennial Ct, Gurnee, IL 60031, USA
The Preserve at Osprey Lake Apartments
2025 Greystem Cir, Gurnee, IL 60031, USA
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | BLI Properties 401 S Lewis Ave, Waukegan, IL 60085, USA | $900 | $1,240 | -- | 3.3 (29) | 7 |
| 2 | Imperial Tower Apartments 805 Baldwin Ave, Waukegan, IL 60085, USA | $1,126 | $1,366 | $1.67/ft² | 3.9 (129) | 14 |
| 3 | Fox Crest Apartments 2805 W Glen Flora Ave, Waukegan, IL 60085, USA | $1,215 | $1,368 | $1.68/ft² | 3.9 (141) | 3 |
| 4 | Harbor Lake Apartments 1610 Sunset Ave, Waukegan, IL 60087, USA | $1,405 | $1,405 | $1.58/ft² | 3.5 (203) | 1 |
| 5 | The Lakes at Fountain Square Apartment Homes 500 Lakehurst Rd, Waukegan, IL 60085, USA | $1,471 | $1,774 | $2.02/ft² | 4.1 (286) | 8 |
| 6 | Centennial Apartments 4337 Centennial Ct, Gurnee, IL 60031, USA | $1,495 as of Aug 16 | $1,495 | $1.66/ft² | 4 (7) | 1 |
| 7 | The Preserve at Osprey Lake Apartments 2025 Greystem Cir, Gurnee, IL 60031, USA | $1,495 | $1,973 | $2.15/ft² | 4.2 (402) | 41 |
Rent & Price History by Building
BLI Properties
3.3 (29)401 S Lewis Ave, Waukegan, IL 60085, 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
Harbor Lake Apartments
3.5 (203)1610 Sunset Ave, Waukegan, IL 60087, 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
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 rent in Waukegan, IL is $1,751 per month, based on 91 units across 9 apartment communities. Prices range from $900 at BLI Properties to $2,376 at The Preserve at Osprey Lake Apartments.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| Studio | $1,366/mo | $1,126/mo | 5 |
| 1 Bed | $1,567/mo | $900/mo | 31 |
| 2 Bed | $1,898/mo | $1,150/mo | 52 |
| 3 Bed | $1,740/mo | $1,295/mo | 3 |
Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.
Market Context
Who rents in Waukegan, IL, and what they pay
Tracked one-bedroom rent in Waukegan, IL averages $1,567/mo, with two-bedroom units averaging $1,898/mo. At the local median household income of $70,578, that works out to 30% 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 51% 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
$70,000/year
Based on the 30 percent rule, using our tracked average rent of $1,751/mo.
Comfortable income
$84,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($900/mo), you need to earn at least $36,000/year.
Median household income in Waukegan, IL is $70,578 , about 16% 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) | $1,751 |
| Utilities | $477 |
| Groceries | $563 |
| Transportation | $1,138 |
| Healthcare | $555 |
| Other goods and services | $888 |
| Estimated total | $5,372/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
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
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
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
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 | $3,051 | +74% | +1.1% | 39 |
| Aurora, IL | $2,166 | +24% | -0.5% | 14 |
| Schaumburg, IL | $2,041 | +17% | -1% | 13 |
| Rockford, IL | $1,306 | -25% | +4.8% | 12 |
| Evanston, IL | $2,775 | +58% | +1% | 11 |
| Peoria, IL | $1,426 | -19% | +1.6% | 11 |
Frequently asked questions
What is the average rent in Waukegan, IL?
The average rent in Waukegan, IL is $1,751 per month, based on 91 units across 9 apartment buildings tracked by Average Rent. Prices are refreshed daily.
What is the median rent in Waukegan, IL?
The median asking rent in Waukegan, IL is $1,795 per month, computed from 91 live listed units and refreshed daily. The average is $1,751/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 $900 per month. Availability changes daily and prices are refreshed each morning.
How much is a 1-bedroom apartment in Waukegan, IL?
1-bedroom apartments in Waukegan, IL average $1,567/mo. The lowest listed 1-bedroom starts at $900/mo across 31 units tracked.
How much is a 2-bedroom apartment in Waukegan, IL?
2-bedroom apartments in Waukegan, IL average $1,898/mo. Units start from $1,150/mo across 52 units currently listed.
Rent Trends in Waukegan, IL
Track how apartment prices are changing over time.
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