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Average Rent in Waukegan 60087 & Rent Trends

Rent prices and market trends across 2 apartment communities in Waukegan 60087, Waukegan, IL. Updated daily.

Market Average

$1,338/mo

Lowest Available

$1,190/mo

cheapest unit on market

Communities

2

tracked daily

Units Listed

3

available now

Waukegan 60087 vs Waukegan, IL Average

Waukegan 60087 is cheaper the Waukegan, IL average by $435/mo (25%). The citywide average is $1,773/mo across all neighborhoods.

Is Rent Going Up or Down in Waukegan 60087?

As of June 2026, the average rent in Waukegan 60087 is $1,338 per month across 2 apartment communities and 3 available units.

The most affordable option is Harbor Lake Apartments starting at $1,190/mo. By unit type, a 1-bedroom averages $1,338/mo.

Prices range from $1,190 to $1,605 per month. The most common price point is the $1,000 range, where 1 units are currently listed.

Rent Price Distribution

Rent by Bedroom Type in Waukegan 60087

1 Bed
$1,338
from $1,190 · 3 units

Rent Prices by Apartment in Waukegan 60087

Property Starting at Average Units Rating
Harbor Lake Apartments $1,190/mo $1,205/mo 2 3.5
Northgate Apartments $1,605/mo $1,605/mo 1 4.2

Frequently Asked Questions About Rent in Waukegan 60087

What is the average rent in Waukegan 60087?
The average rent in Waukegan 60087 is $1,338 per month as of June 2026, based on 3 units across 2 apartment communities.
Is rent going up or down in Waukegan 60087?
The current average rent in Waukegan 60087 is $1,338/mo, refreshed daily to track rent trends.
What is the cheapest apartment in Waukegan 60087?
The most affordable apartment in Waukegan 60087 is Harbor Lake Apartments with units starting at $1,190/mo.
How much is a 1-bedroom apartment in Waukegan 60087?
A 1-bedroom apartment in Waukegan 60087 averages $1,338/mo, with prices starting at $1,190/mo across 3 available units.
How many apartments are available in Waukegan 60087?
There are 3 units available across 2 apartment communities in Waukegan 60087.

What salary do I need to live comfortably in Waukegan 60087?

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

Minimum to afford average rent

$54,000/year

Based on the 30 percent rule, using our tracked average rent of $1,338/mo.

Comfortable income

$64,000/year

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

To afford the cheapest tracked apartment ($1,190/mo), you need to earn at least $48,000/year.

Cost of living in Waukegan 60087

We only have live rent data for Waukegan 60087 so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.

Category Monthly estimate
Rent (market average) $1,338
Estimated total $1,338/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.

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