Last updated
Average Rent in Gurnee 60031 & Rent Trends
Rent prices and market trends across 2 apartment communities in Gurnee 60031, Waukegan, IL. Updated daily.
Market Average
$1,985/mo
Lowest Available
$1,486/mo
cheapest unit on market
Communities
2
tracked daily
Units Listed
39
available now
Price Cuts This Week in Gurnee 60031
26 listed units across 1 building in Gurnee 60031 dropped their asking rent in the past 7 days, an average cut of $22/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| The Preserve at Osprey Lake Apartments | Unit 03-0301 | $2,300 | $2,274 | $26 |
| The Preserve at Osprey Lake Apartments | Unit 13-0306 | $2,300 | $2,274 | $26 |
| The Preserve at Osprey Lake Apartments | Unit 15-0306 | $2,300 | $2,274 | $26 |
| The Preserve at Osprey Lake Apartments | Unit 20-0102 | $2,345 | $2,319 | $26 |
| The Preserve at Osprey Lake Apartments | Unit 21-0302 | $2,340 | $2,314 | $26 |
| The Preserve at Osprey Lake Apartments | Unit 22-0202 | $2,125 | $2,099 | $26 |
| The Preserve at Osprey Lake Apartments | Unit 15-0303, The Darter | $1,729 | $1,704 | $25 |
| The Preserve at Osprey Lake Apartments | Unit 16-0206 | $1,909 | $1,884 | $25 |
Gurnee 60031 vs Waukegan, IL Average
Gurnee 60031 is more expensive than the Waukegan, IL average by $226/mo (13%). The citywide average is $1,759/mo across all neighborhoods.
Is Rent Going Up or Down in Gurnee 60031?
As of August 2026, the average rent in Gurnee 60031 is $1,985 per month across 2 apartment communities and 39 available units.
The most affordable option is The Preserve at Osprey Lake Apartments starting at $1,486/mo. By unit type, a studio averages $1,524/mo, a 1-bedroom averages $1,812/mo, a 2-bedroom averages $2,192/mo.
Prices range from $1,486 to $2,441 per month. The most common price point is the $1,800 range, where 11 units are currently listed.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Gurnee 60031
Rent Prices by Apartment in Gurnee 60031
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| The Preserve at Osprey Lake Apartments | $1,486/mo | $2,009/mo | 36 | 4.2 |
| Luna Park | $1,625/mo | $1,698/mo | 3 | 4 |
Frequently Asked Questions About Rent in Gurnee 60031
What is the average rent in Gurnee 60031?
Is rent going up or down in Gurnee 60031?
What is the cheapest apartment in Gurnee 60031?
How much is a 1-bedroom apartment in Gurnee 60031?
How many apartments are available 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
$79,000/year
Based on the 30 percent rule, using our tracked average rent of $1,985/mo.
Comfortable income
$95,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,486/mo), you need to earn at least $59,000/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) | $1,985 |
| Estimated total | $1,985/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.
Google Search Trends for Gurnee 60031 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Gurnee 60031 Apartments
Browse all 2 communities with daily-updated pricing and availability.