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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

$1,618/mo

Lowest Available

$1,040/mo

cheapest unit on market

Communities

2

tracked daily

Units Listed

20

available now

Waukegan 60087 vs Waukegan, IL Average

Waukegan 60087 is more expensive the Waukegan, IL average by $38/mo (2%). The citywide average is $1,580/mo across all neighborhoods.

Is Rent Going Up or Down in Waukegan 60087?

As of June 2026, the average rent in Waukegan 60087 is $1,618 per month across 2 apartment communities and 20 available units.

The most affordable option is Harbor Lake Apartments starting at $1,040/mo. By unit type, a studio averages $1,048/mo, a 1-bedroom averages $1,338/mo, a 2-bedroom averages $1,727/mo, a 3-bedroom averages $2,065/mo.

Prices range from $1,040 to $2,065 per month. The most common price point is the $1,600 range, where 7 units are currently listed.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Waukegan 60087

Studio
$1,048
from $1,040 · 2 units
1 Bed
$1,338
from $1,190 · 3 units
2 Bed
$1,727
from $1,380 · 14 units
3 Bed
$2,065
from $2,065 · 1 units

Rent Prices by Apartment in Waukegan 60087

Property Starting at Average Units Rating
Harbor Lake Apartments $1,040/mo $1,243/mo 7 3.5
Northgate Apartments $1,605/mo $1,819/mo 13 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 $1,618 per month as of June 2026, based on 20 units across 2 apartment communities.
Is rent going up or down in Waukegan 60087?
The current average rent in Waukegan 60087 is $1,618/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 $1,040/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 20 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

$65,000/year

Based on the 30 percent rule, using our tracked average rent of $1,618/mo.

Comfortable income

$78,000/year

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

To afford the cheapest tracked apartment ($1,040/mo), you need to earn at least $42,000/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) $1,618
Estimated total $1,618/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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