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Average Rent in Waukegan, IL & Rent Trends

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.

Rent prices and market trends across 7 apartment communities in Waukegan, IL. Prices update after successful source checks.

Area All Areas
Waukegan 60085 60087
Gurnee 60031
Beds All Bedrooms Studio 1 Bed 2 Bed 3 Bed

Showing any bedrooms in Waukegan, IL.

Market Average

$1,731/mo

▲ +2.3% from last month

Lowest Available

$1,050/mo

cheapest unit on market

Communities

7

tracked daily

Units Listed

88

available now

Rent Watch: cuts and increases

Open Rent Watch →

See current options while we confirm new price comparisons. Filter by bedrooms and budget, then inspect each building’s history.

Rent by Neighborhood in Waukegan, IL

Compare average rent across Waukegan, IL neighborhoods. Click any area to see detailed trends.

Neighborhood Avg Rent 30d Change From Properties Units
Gurnee 60031 $1,942 ▼  $25 $1,600 2 38
Waukegan 60087 $1,584 ▲  $28 $1,050 2 18
Waukegan 60085 $1,562 ▲  $11 $1,164 3 32

Is Rent Going Up or Down in Waukegan, IL?

As of November 2026, the average rent in Waukegan, IL is $1,731 per month across 7 apartment communities and 88 available units. Rents have increased $40 (2.3%) over the past month.

The most affordable option is Harbor Lake Apartments starting at $1,050/mo. By unit type, a studio averages $1,230/mo, a 1-bedroom averages $1,626/mo, a 2-bedroom averages $1,812/mo, a 3-bedroom averages $2,551/mo.

Prices range from $1,050 to $2,685 per month. The most common price point is the $1,800 range, where 29 units are currently listed.

Waukegan, IL Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
June 2026 $1,653 - 7
July 2026 $1,609 -$44 8
August 2026 $1,624 +$15 8
September 2026 $1,649 +$25 7
October 2026 $1,649 $0 7
November 2026 $1,659 +$10 7

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Waukegan, IL

Studio
$1,230
from $1,050 · 5 units
1 Bed
$1,626
from $1,195 · 31 units
2 Bed
$1,812
from $1,368 · 50 units
3 Bed
$2,551
from $2,416 · 2 units

Rent Prices by Apartment in Waukegan, IL

Property Starting at Average Units Rating
Harbor Lake Apartments $1,050/mo $1,310/mo 9 3.5
Imperial Tower Apartments $1,164/mo $1,482/mo 16 3.9
Fox Crest Apartments $1,215/mo $1,422/mo 10 3.9
The Lakes at Fountain Square Apartment Homes $1,449/mo $2,006/mo 6 4.1
Luna Park $1,600/mo $1,732/mo 9 4
The Preserve at Osprey Lake Apartments $1,777/mo $2,007/mo 29 4.2
Northgate Apartments $1,800/mo $1,858/mo 9 4.2

Frequently Asked Questions About Rent in Waukegan, IL

How many bedrooms are you looking for?

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Any bedrooms

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 rent range can I find in Waukegan, IL?
The apartment listings we track in Waukegan, IL range from $1,050 to $2,685 per month, as of November 6, 2026. These are the lowest and highest listed prices. They are not a typical price for every apartment. The building, floor plan, and lease terms can affect the price.

Are rents going up or down in Waukegan, IL?
The daily building-average rent fell by $20 (1.2%) over 30 days between observations in October 2026 and November 2026. This compares recorded asking rents. The current month's figures may still be incomplete, and the building mix can change.

How much is a studio apartment in Waukegan, IL?
Studio apartments average $1,230 per month across 5 priced listings in Waukegan, IL. Listed rents range from $1,050 to $1,389 per month, as of November 6, 2026. Compare apartments with similar floor plans and lease terms.

How much is a 1-bedroom apartment in Waukegan, IL?
1-bedroom apartments average $1,626 per month across 31 priced listings in Waukegan, IL. Listed rents range from $1,195 to $1,967 per month, as of November 6, 2026. Compare apartments with similar floor plans and lease terms.

How much is a 2-bedroom apartment in Waukegan, IL?
2-bedroom apartments average $1,812 per month across 50 priced listings in Waukegan, IL. Listed rents range from $1,368 to $2,203 per month, as of November 6, 2026. Compare apartments with similar floor plans and lease terms.

How much is a 3-bedroom apartment in Waukegan, IL?
3-bedroom apartments average $2,551 per month across 2 priced listings in Waukegan, IL. Listed rents range from $2,416 to $2,685 per month, as of November 6, 2026. Compare apartments with similar floor plans and lease terms.

How do 1-bedroom and 2-bedroom rents compare in Waukegan, IL?
The 1-bedroom average is $1,626 per month across 31 listings. The 2-bedroom average is $1,812 across 50 listings, $186 (11.4%) higher. This is a comparison of listing groups, not the cost to upgrade a specific apartment.

Which tracked building has the lowest starting rent in Waukegan, IL?
Harbor Lake Apartments has the lowest starting rent among the buildings in the comparison table, at $1,050 per month. We track 9 priced listings matching your bedroom choice in that building, as of November 6, 2026. The starting price applies to its lowest-priced matching apartment. Check that apartment's latest price and availability.

Which rent range has the most listings in Waukegan, IL?
The $1,800 to $2,000 monthly range has the most matching listings: 29 units, or 33.0% of the priced apartments we track in Waukegan, IL. This count does not tell us how fast the apartments rent.

How many apartment listings do you track in Waukegan, IL?
We track 88 priced units at 7 apartment buildings, as of November 6, 2026. This is not the total number of apartments in those buildings. A listing can change or become unavailable. Open the apartment details to check its latest status.

How much rent history is available for Waukegan, IL?
We have recorded rent data on 120 days from June 2026 through November 2026 for apartment listings in Waukegan, IL. Some dates can be missing. The chart only shows recorded data. The current month includes the days recorded so far.

Why can the headline rent differ from the trend chart in Waukegan, IL?
The average at the top of the page gives each matching apartment equal weight. The chart first averages recorded prices within each building, then compares buildings. It removes the highest and lowest groups when at least ten buildings contribute and omits days with fewer than five buildings. Different dates, building counts, and listing mixes can produce different figures. The monthly table averages the recorded daily figures.

Does my bedroom choice change the prices and answers?
Yes. Your chosen area and bedroom count filter the asking rents, listing counts, rent ranges, and answers on this page. The active community exclusions are Student housing and 55+ / senior community and Corporate housing and Military / active duty housing and Veteran housing. When you choose a bedroom count, the history chart uses recorded prices for matching apartments with a known identity. If those records are missing, we leave the chart empty rather than use prices for other bedroom types. Open an individual apartment to check its own price history.

Do these rents include utilities, parking, and other fees?
We use the published total monthly rent when it is available and the base rent otherwise. Unknown fees are not zero. Utilities, parking, pet charges, deposits, and one-time costs can add to the amount you pay. Check the selected unit and lease terms for a complete quote.

How should I compare free-rent offers with listed rent?
A free-rent offer can reduce the effective cost over a lease without changing the listed monthly rent. Compare the same lease length and move-in date, then include required charges and the offer conditions. The market averages do not assume an unconfirmed discount.

Does this page represent every rental in the market?
These figures describe the priced apartment listings we track, not every rental home or every occupied apartment. Coverage and the mix of bedrooms, buildings, and locations can change. A lower market average does not prove that the same apartment received a price cut.

How fresh are the Waukegan, IL rent figures?
We schedule rent updates each day, but buildings can have different price-check dates. The latest accepted price check for these listings was November 6, 2026. The month label does not mean we checked every price today. Open the building or apartment details for its latest price and availability.

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.

Explore Waukegan, IL Apartments

Browse all 7 communities with daily-updated pricing and availability.

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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.
Illinois Rent Trends
Compare rent across all Illinois cities
Explore Waukegan, IL on Map
See neighborhoods and rent data interactively
US-wide rent comparison
See how Waukegan, IL rents stack up against the national median

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