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Average Rent in Waukegan, IL & Rent Trends

Rent prices and market trends across 4 apartment communities in Waukegan, IL. Updated daily.

Market Average

$1,668/mo

Lowest Available

$1,380/mo

cheapest unit on market

Communities

4

tracked daily

Units Listed

22

available now

Rent by Neighborhood in Waukegan, IL

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

Neighborhood Avg Rent From Properties Units
Waukegan 60031 $1,725 $1,625 1 3
Waukegan 60087 $1,618 $1,040 2 20
Waukegan 60085 $1,430 $1,205 1 8

Is Rent Going Up or Down in Waukegan, IL?

As of June 2026, the average rent in Waukegan, IL is $1,668 per month across 4 apartment communities and 22 available units.

The most affordable option is Harbor Lake Apartments starting at $1,380/mo. By unit type, a 2-bedroom averages $1,668/mo.

Prices range from $1,380 to $1,905 per month. The most common price point is the $1,600 range, where 9 units are currently listed.

Rent Price Distribution

Rent by Bedroom Type in Waukegan, IL

2 Bed
$1,668
from $1,380 · 22 units

Rent Prices by Apartment in Waukegan, IL

Property Starting at Average Units Rating
Harbor Lake Apartments $1,380/mo $1,398/mo 3 3.5
Fox Crest Apartments $1,440/mo $1,495/mo 6 3.9
Northgate Apartments $1,730/mo $1,816/mo 11 4.2
Luna Park $1,755/mo $1,775/mo 2 4

Frequently Asked Questions About Rent in Waukegan, IL

What is the average rent in Waukegan, IL?
The average rent in Waukegan, IL is $1,668 per month as of June 2026, based on 22 units across 4 apartment communities.
Is rent going up or down in Waukegan, IL?
The current average rent in Waukegan, IL is $1,668/mo, refreshed daily to track rent trends.
What is the cheapest apartment in Waukegan, IL?
The most affordable apartment in Waukegan, IL is Harbor Lake Apartments with units starting at $1,380/mo.
How many apartments are available in Waukegan, IL?
There are 22 units available across 4 apartment communities in Waukegan, IL.

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

$67,000/year

Based on the 30 percent rule, using our tracked average rent of $1,668/mo.

Comfortable income

$80,000/year

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

To afford the cheapest tracked apartment ($1,380/mo), you need to earn at least $55,000/year.

Cost of living in Waukegan, IL

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

Category Monthly estimate
Rent (market average) $1,668
Estimated total $1,668/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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