Last updated
Average Rent in Waukegan, IL & Rent Trends
Rent prices and market trends across 8 apartment communities in Waukegan, IL. Updated daily.
Market Average
$1,898/mo
▲ +14.6% from last month
Lowest Available
$1,295/mo
cheapest unit on market
Communities
8
tracked daily
Units Listed
55
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 | $2,007 | $1,605 | 2 | 47 |
| Waukegan 60087 | $1,618 | $1,040 | 2 | 20 |
| Waukegan 60085 | $1,546 | $1,087 | 4 | 35 |
Is Rent Going Up or Down in Waukegan, IL?
As of June 2026, the average rent in Waukegan, IL is $1,898 per month across 8 apartment communities and 55 available units. Rents have increased $244 (14.6%) over the past month.
The most affordable option is BLI Properties starting at $1,295/mo. By unit type, a 2-bedroom averages $1,898/mo.
Prices range from $1,295 to $2,418 per month. The most common price point is the $2,200 range, where 16 units are currently listed.
Waukegan, IL Rent Price History
Rent Price Distribution
Rent by Bedroom Type in Waukegan, IL
Rent Prices by Apartment in Waukegan, IL
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| BLI Properties | $1,295/mo | $1,295/mo | 1 | 3.3 |
| Imperial Tower Apartments | $1,330/mo | $1,657/mo | 8 | 3.9 |
| Harbor Lake Apartments | $1,380/mo | $1,398/mo | 3 | 3.5 |
| Fox Crest Apartments | $1,440/mo | $1,495/mo | 6 | 3.9 |
| The Lakes at Fountain Square Apartment Homes | $1,506/mo | $1,740/mo | 2 | 4.1 |
| Northgate Apartments | $1,730/mo | $1,816/mo | 11 | 4.2 |
| Luna Park | $1,755/mo | $1,775/mo | 2 | 4 |
Google Search Trends for Waukegan, IL Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Waukegan, IL
What is the average rent in Waukegan, IL?
Is rent going up or down in Waukegan, IL?
What is the cheapest apartment in Waukegan, IL?
How many apartments are available 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
$76,000/year
Based on the 30 percent rule, using our tracked average rent of $1,898/mo.
Comfortable income
$91,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,295/mo), you need to earn at least $52,000/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) | $1,898 |
| Estimated total | $1,898/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 Waukegan, IL Apartments
Browse all 8 communities with daily-updated pricing and availability.