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Average Rent in Gurnee 60031 & Rent Trends

Rent prices and market trends across 2 apartment communities in Gurnee 60031, Waukegan, IL. Updated daily.

Area All Areas
Waukegan 6008560087
Gurnee 60031

Market Average

$1,709/mo

Lowest Available

$1,495/mo

cheapest unit on market

Communities

2

tracked daily

Units Listed

14

available now

Gurnee 60031 vs Waukegan, IL Average

Gurnee 60031 is cheaper the Waukegan, IL average by $55/mo (3%). The citywide average is $1,764/mo across all neighborhoods.

Is Rent Going Up or Down in Gurnee 60031?

As of July 2026, the average rent in Gurnee 60031 is $1,709 per month across 2 apartment communities and 14 available units.

The most affordable option is Centennial Apartments starting at $1,495/mo. By unit type, a 2-bedroom averages $1,709/mo.

Prices range from $1,495 to $1,806 per month. The most common price point is the $1,600 range, where 12 units are currently listed.

Rent Price Distribution

Rent by Bedroom Type in Gurnee 60031

2 Bed
$1,709
from $1,495 · 14 units

Rent Prices by Apartment in Gurnee 60031

Property Starting at Average Units Rating
Centennial Apartments $1,495/mo $1,495/mo 1 4
The Lakes at Fountain Square Apartment Homes $1,667/mo $1,726/mo 13 4.1

Frequently Asked Questions About Rent in Gurnee 60031

What is the average rent in Gurnee 60031?

The average rent in Gurnee 60031 is $1,709 per month as of July 2026, based on 14 units across 2 apartment communities.

Is rent going up or down in Gurnee 60031?

The current average rent in Gurnee 60031 is $1,709/mo, refreshed daily to track rent trends.

What is the cheapest apartment in Gurnee 60031?

The most affordable apartment in Gurnee 60031 is Centennial Apartments with units starting at $1,495/mo.

How many apartments are available in Gurnee 60031?

There are 14 units available across 2 apartment communities in Gurnee 60031.

What salary do I need to live comfortably in Gurnee 60031?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$68,000/year

Based on the 30 percent rule, using our tracked average rent of $1,709/mo.

Comfortable income

$82,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,495/mo), you need to earn at least $60,000/year.

Cost of living in Gurnee 60031

We only have live rent data for Gurnee 60031 so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.

Category Monthly estimate
Rent (market average) $1,709
Estimated total $1,709/mo

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 are refreshed annually.

Explore Gurnee 60031 Apartments

Browse all 2 communities with daily-updated pricing and availability.

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