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Waukegan, IL Homes for Rent

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  • /35

    Starting at $1,250 Per Month

    • 1 - 2 Beds

    2801-2813 Grandville Ct, Waukegan, IL 60085

    Welcome to Kings Court Apartments, where quality and comfort meet. Enjoy such amenities as elevators, double entry doors with intercom access foyer, a heated outdoor pool, a sundeck, and a barbecue area, ample guest parking, and 24-hour emergency maintenance. Our management will meet your needs in a friendly and efficient manner. Let Kings Court Apartments be your new home. Income guidelines

    Kings Court Apartments

    2801-2813 Grandville Ct, Waukegan, IL 60085
  • /25

    Starting at $1,200 Per Month

    • Studio - 2 Beds

    1610 Sunset Ave, Waukegan, IL 60087

    Welcome home to Harbor Lake Apartments in Waukegan, IL! We have Studio, 1, and 2 bedroom apartments. Take a stroll on the winding path that surrounds our private lake, unwind by the pool, or relax in the comfort of your generous apartment home. We are the home for you if you are in the mood for shopping, dining, and entertainment. Harbor Lake Apartments is also close to major roads, public

    Harbor Lake

    1610 Sunset Ave, Waukegan, IL 60087
  • /29

    Starting at $1,415 Per Month

    • 1 - 2 Beds

    1947 W Eagle Ridge Dr, Waukegan, IL 60087

    Welcome to Reserve at Eagle Ridge Apartment Homes! Our community offers spacious studio, one and two-bedroom apartments for rent in Waukegan. When you tour one of our many floor plans, you will see that we have designed our apartments with your comfort in mind. Enjoy a private patio/balcony, walk-in closets, and other great amenities. Select homes are even equipped with in-home laundry!

    Reserve at Eagle Ridge

    1947 W Eagle Ridge Dr, Waukegan, IL 60087
  • /38

    Starting at $1,650 Per Month

    • 2 Beds

    10 N Sheridan Rd, Waukegan, IL 60085

    10 N Sheridan Rd.

    10 N Sheridan Rd, Waukegan, IL 60085
  • /36

    Starting at $1,445 Per Month

    • 1 - 3 Beds

    2330 N Samson Way, Waukegan, IL 60087

    Come and take a walk through meandering pathways and be surrounded by the beautiful, lush landscaping that adorns Northgate Apartments. With its scenic atmosphere and short distance to major highways, local schools, restaurants and entertainment attractions, Northgate Apartments in North Waukegan is the ideal place to call home!Our residents are offered highly desirable first-class amenities!

    Northgate Apartments

    2330 N Samson Way, Waukegan, IL 60087
  • /34

    Starting at $1,240 Per Month

    • 1 - 2 Beds

    2805 W Glen Flora Ave, Waukegan, IL 60085

    Located on 13 acres of beautiful grounds in Waukegan, IL, our community offers a variety of 1 & 2-bedroom apartments with floor plan options that are sure to meet your needs. In addition to great in-home and community amenities, our apartment community is conveniently located in Waukegan, IL. Living at Fox Crest Apartments gives you easy access to local shops, schools, and restaurants.

    Fox Crest

    2805 W Glen Flora Ave, Waukegan, IL 60085
  • /31

    $1,650

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 900 Sq Ft
    • Condo for Rent

    222 N Genesee St, Waukegan, IL 60085

    222 N Genesee St, Waukegan, IL 60085
  • /22

    Starting at $1,314 Per Month

    • 1 - 3 Beds

    500 Lakehurst Rd, Waukegan, IL 60085

    Live lavishly at The Lakes at Fountain Square in Waukegan, IL. Where upscale design meets copious convenience, that's where you'll find our gorgeous one-, two-, and three-bedroom apartments complete with private patios and updated fixtures. As an exclusive community perk, you'll also enjoy access to detached garages, two resort-style swimming pools, as well as a nature trail. Discover a place to

    The Lakes at Fountain Square Apartment Homes

    500 Lakehurst Rd, Waukegan, IL 60085
  • /32

    Starting at $1,285

    Total Monthly Price

    • 1 Bed

    625 S Dilger Ave, Waukegan, IL 60085

    Amenities abound at the Chateau Royale Apartments - 625 S. Dilger Avenue in Waukegan. Nestled along the northern fringe of the Green Belt Forest Reserve, the Chateau offers convenience, luxury, and practicality. Walking distance to restaurants. 100 feet to bus stop. Heat, hot & cold water, wireless internet, local tv programming and gas for your stove all included in your monthly rental.

    The Chateau Royale

    625 S Dilger Ave, Waukegan, IL 60085
  • /35

    Starting at $1,706 Per Month

    • 1 - 2 Beds

    1375 S White Oak Dr, Waukegan, IL 60085

    The Landings at Amhurst Lake Apartments, prominently located off Route 43 (Waukegan Road) in Waukegan, just west of Hwy 41 and minutes from I-94 and I-294, features one- and two-bedroom and two-bedroom with den apartment homes. The property's close proximity to both the Waukegan and Great Lakes Metra stations provides numerous options to downtown Chicago. Visit the shores of Lake Michigan,

    Landings at Amhurst Lake

    1375 S White Oak Dr, Waukegan, IL 60085
  • /16

    Starting at $1,175 Per Month

    • Studio - 1 Bed

    515 W Madison St, Waukegan, IL 60085

    Madison West Apartments is a clean and quiet place to live. Located near the downtown area we are close to public transportation including the train station which is a 10 minute walk! Go a little further and you will find yourself at the beach or harbor for a relaxing time on the pier. We are 10 minutes from major highways and large shopping centers. We have on site management as well as on site

    Madison West Apartments

    515 W Madison St, Waukegan, IL 60085
  • /18

    Starting at $1,250 Per Month

    • 1 - 2 Beds

    300-336 N Green Bay Rd, Waukegan, IL 60085

    Income requirement for 2BR units: at or above $3,500 and $42,000 per yearIncome requirement for 3BR units: at or above $4,250 and $51,000 per year

    Heritage Green

    300-336 N Green Bay Rd, Waukegan, IL 60085
  • /8

    Starting at $1,175 Per Month

    • 1 - 2 Beds

    3060 Kathe Ln, Waukegan, IL 60085

    Welcome to Briarwood Apartments where we offer a variety of amenities designed for your convenience such as large closets, air conditioning, refrigerator, onsite management, playground, basketball court, park, visitor parking, and so much more. Briarwood Apartments is in a desirable location and a great place to call home. Choose from several floor plans to meet your living needs. The community

    Briarwood Apartments

    3060 Kathe Ln, Waukegan, IL 60085
  • /20

    Starting at $1,025 Per Month

    • Studio - 2 Beds

    2701 W Glen Flora Ave, Waukegan, IL 60085

    Call for details!! Cinnamon Lake Towers situates you within minutes of major businesses, great schools, the Great Lakes Training Center, Gurnee Mills and Six Flags Great America Park. Call for details. Income Guidelines Apply!

    Cinnamon Lake Towers

    2701 W Glen Flora Ave, Waukegan, IL 60085
  • /22

    Starting at $675 Per Month

    • Studio - 3 Beds

    2035-2045 Georgetown Ln, Waukegan, IL 60085

    Welcome to CASA Apartments where Low Prices meet High Quality! We offer quality apartments for lowest prices in the area! We are able to accommodate any family size small to large and offer Studio, 1bd, 2bd and 3bd apartments! Our over sized living spaces feature Alarm Systems , Skylights and Dishwashers. Our community amenities include Secure Access and On-Site Maintenance. We are conveniently

    CASA Apartments - Waukegan

    2035-2045 Georgetown Ln, Waukegan, IL 60085
  • /20

    Starting at $1,152

    Total Monthly Price

    • Studio - 2 Beds

    805 Baldwin Ave, Waukegan, IL 60085

    The ever-affordable Imperial Tower Apartments in Waukegan, IL is now offering practical one- and two-bedroom apartment homes with a full suite of in-unit features, like private patios, large closets, and gas ranges. Live here and take advantage of our wonderful fitness center, laundry facilities, and so much more.?The Imperial Tower Apartments is more than a home, it's a space where you can truly

    Imperial Tower Apartments

    805 Baldwin Ave, Waukegan, IL 60085
  • /14

    Starting at $1,360 Per Month

    • 2 Beds

    3040-3084 W Grandville Ave, Waukegan, IL 60085

    Hinkston Pond Apartments located in Waukegan, Illinois. The property is comprised of 120 apartment units situated on just over three acres of landscaped grounds. This location is nearby many shopping and dining options. The Great Lakes Naval training Center and public transportation are also just minutes away. Hinkston pond offers a mix of one-bedroom, one-bath units with 800 square feet,

    Hinkston Pond Apartments

    3040-3084 W Grandville Ave, Waukegan, IL 60085
  • /20

    Starting at $1,400 Per Month

    • 2 Beds

    2620 N Delany Rd, Waukegan, IL 60087

    Gurnee schools, central heat and air conditioning. Our property is located near I-94, Route 41 and Gurnee Mills shopping. Units include spacious floor plans. Make Willow Wind Apartments home. Sorry, no pets permitted.Please call for availability.

    Willow Wind

    2620 N Delany Rd, Waukegan, IL 60087
  • /20

    $2,850 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    500 W Pacific Ave Unit 500 W Pacific Ave, Waukegan, IL 60085

    Property Id: 2409240 Welcome to this beautifully updated and fully furnished 2-bedroom, 1-bath home located in Waukegan, just minutes from Vista Medical Center East, Lake Michigan, and downtown Waukegan, with easy access to major highways and nearby North Shore communities. Perfect for traveling professionals, this home offers both comfort and convenience in a well-connected location.

    500 W Pacific Ave Unit 500 W Pacific Ave, Waukegan, IL 60085
  • /17

    $2,900 Per Month

    • 3 Beds
    • 1 Bath
    • 1,433 Sq Ft
    • Condo for Rent

    814 W Keith Ave Unit 1, Waukegan, IL 60085

    Property Id: 2408850 Charming First-Floor Flat in the Heart of Waukegan Bright, spacious, and full of character. This first-floor unit in a classic brick duplex is a comfortable home base for short or extended stays. Your Space Bright living room, perfect for relaxing or catching up on TV Cozy bedrooms designed for real rest Fully equipped kitchen with essential

    814 W Keith Ave Unit 1, Waukegan, IL 60085
  • /10

    $3,150 Per Month

    • 3 Beds
    • 1 Bath
    • Condo for Rent

    2309 Western Ave Unit 2311, Waukegan, IL 60087

    Property Id: 2599365 Experience a seamless stay in this newly remodeled, fully furnished, modern townhome-style duplex designed for traveling professionals or for family. Whether you're a nurse on assignment, Navy personnel, an AbbVie intern, or her visiting family this home offers the perfect balance of comfort and convenience. The Interior: Step into an open-concept living space featuring

    2309 Western Ave Unit 2311, Waukegan, IL 60087
  • /20

    $2,975 Per Month

    • 2 Beds
    • 1 Bath
    • 1,350 Sq Ft
    • Condo for Rent

    500 W Pacific Ave Unit 504 W Pacific Ave, Waukegan, IL 60085

    Property Id: 2409241 Welcome to The Victory Park Ranch, a thoughtfully updated and newly renovated 2-bedroom, 1-bathroom home located in Waukegan, Illinois, perfectly positioned for exploring Northern Illinois and the Chicago area. Inside, the home features a bright and welcoming living room, a fully equipped kitchen, and a cozy dining area ideal for both short and extended stays. A

    500 W Pacific Ave Unit 504 W Pacific Ave, Waukegan, IL 60085
  • /8

    $1,375 Per Month

    • 2 Beds
    • 1 Bath
    • 900 Sq Ft
    • Condo for Rent

    2618 W Cornelia Ave, Waukegan, IL 60085

    Property Id: 118426 Newly renovated 2 bedroom near Waukegan highschool Large living room, new kitchen and renovated bathroom, spacious bedrooms All New paint. New flooring Message . The unit shown is an example. Different units with dedicated parking and additional storage space.

    2618 W Cornelia Ave, Waukegan, IL 60085
  • /20

    $2,950 Per Month

    • 3 Beds
    • 1 Bath
    • 1,433 Sq Ft
    • Condo for Rent

    1402 N Jackson St Unit 2, Waukegan, IL 60085

    Property Id: 2407161 Welcome to this beautiful and charming second-floor home in a centrally located Waukegan duplex, offering comfort, convenience, and easy access to everything the Chicagoland area has to offer. Located just about 15 minutes from Great Lakes Naval Station and AbbVie, this home is ideal for military, work trips, or extended stays. The apartment features three spacious

    1402 N Jackson St Unit 2, Waukegan, IL 60085
  • /5

    $1,400 Per Month

    • 2 Beds
    • 1 Bath
    • 825 Sq Ft
    • House for Rent

    3060 Kathe Ln, Waukegan, IL 60085

    Property Id: 1118332 Move-In Special: Get 1 Month FREE! Take advantage of this limited-time offer when you move into one of our beautiful apartments. Discover comfortable living at Briarwood Apartments, where we offer a wide range of amenities designed for your convenience and lifestyle: Large closets Air conditioning Refrigerator Onsite management Playground & basketball court

    3060 Kathe Ln, Waukegan, IL 60085
  • /15

    $2,160 Per Month

    • 3 Beds
    • 1 Bath
    • 1,069 Sq Ft
    • House for Rent

    703 Porter St, Waukegan, IL 60085

    Apply now or schedule your self-tour today and take the first step toward getting more than just a place to live. Rent with FirstKey Homes for a home that's right for you, plus professional service and maintenance, innovative resident programs, and more; that's the power of purple! This 3-bedroom, 1-bathroom rental home in Waukegan, IL, has a lot to offer; does it check all your boxes? Extra

    703 Porter St, Waukegan, IL 60085
  • /20

    $1,500 Per Month

    • 2 Beds
    • 1 Bath
    • 975 Sq Ft
    • Condo for Rent

    338 N Green Bay Rd Unit 1102, Waukegan, IL 60085

    Property Id: 1060160 Heritage Green Apartments has the most ideal location in Waukegan! Conveniently located near Jewel, Walmart, St. Therese Hospital, Gurnee Mills Mall, & Rt. 41. Just minutes away from Abbott Labs, Motorola, Great Lakes Navy Base, Great America & I-94!! Enjoy our many amenities such as, bbq/picnic area, park and a patio/balcony on every apartment. Plus a caring, helpful

    338 N Green Bay Rd Unit 1102, Waukegan, IL 60085
  • /10

    $3,150 Per Month

    • 3 Beds
    • 1 Bath
    • 1,800 Sq Ft
    • Condo for Rent

    2313 Western Ave Unit 2313, Waukegan, IL 60087

    Property Id: 2599358 Experience a seamless stay in this newly remodeled, fully furnished, modern townhome-style duplex designed for traveling professionals or for family. Whether you're a nurse on assignment, Navy personnel, an AbbVie intern, or her visiting family this home offers the perfect balance of comfort and convenience. The Interior: Step into an open-concept living space featuring

    2313 Western Ave Unit 2313, Waukegan, IL 60087
  • /10

    $725

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 620 Sq Ft
    • Condo for Rent

    1021 Judge Ave Unit 2nd Floor, Waukegan, IL 60085

    1 bedroom, living room, kitchen, storage room and Bathroom. Furnished stove refrigerator . Free gas, water, and sanitary. No pets allowed

    1021 Judge Ave Unit 2nd Floor, Waukegan, IL 60085
  • /103

    $1,190

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 450 Sq Ft
    • Condo for Rent

    3305 Sunset Ave, Waukegan, IL 60087

    ONE BEDROOM APARTMENT AVAILABLE IN ONAN SUITES Suites - 55+ LIVING. UNIT IS UPDATED WITH WOOD LAMINATED FLOOR. KITCHEN INCLUDES REFRIGERATOR, STOVE AND MICROWAVE. AMENITIES IN THE BUILDING INCLUDES PARTY ROOM, EXERCISE ROOM, INDOOR POOL, LOBBY WITH POOL TABLE AND PIANO, ELEVATOR AND COIN LAUNDRY. STORAGE IN THE BASEMENT INCLUDED IN THE RENT. 1 PARKING SPACE IN THE PARKING LOT IS INCLUDED IN THE

    3305 Sunset Ave, Waukegan, IL 60087
  • /18

    $1,750

    Total Monthly Price

    • 3 Beds
    • 1 Bath
    • 1,100 Sq Ft
    • Condo for Rent

    1601 Hyde Park Ave Unit 1, Waukegan, IL 60085

    3 BR Lower-Level Apartment in quiet Hyde Park neighborhoodAvailable 9/10/26This spacious 3 bedroom, 1 bath apartment offers a comfortable layout with plenty of room to spread out. The unit features a large living room, a separate dining room, and a kitchen with plenty of counter space. The kitchen is currently being upgraded with a complete cabinet and sink replacement, and the

    1601 Hyde Park Ave Unit 1, Waukegan, IL 60085
  • /2

    $1,400

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 950 Sq Ft
    • Condo for Rent

    1520 Westmoreland Ave Unit 2 Bedroom Apartment, Waukegan, IL 60085

    Duplex unit tucked away from street, close to shopping, and cozy!

    1520 Westmoreland Ave Unit 2 Bedroom Apartment, Waukegan, IL 60085
  • /9

    $2,300

    Total Monthly Price

    • 3 Beds
    • 1.5 Baths
    • 1,400 Sq Ft
    • Townhouse for Rent

    2142 Western Ave, Waukegan, IL 60087

    This 1350 square foot single family home has 3 bedrooms, 1.5 bathrooms with full basement and Storage shed. Nice backyard that is adjacent to the Robert McClory bike path. This home is also located in the highly sought after 60087 zip code.

    2142 Western Ave, Waukegan, IL 60087
  • /21

    $1,190 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    3305 Sunset Ave Unit 213, Waukegan, IL 60087

    ONE BEDROOM APARTMENT AVAILABLE IN ONAN SUITES Suites - 55+ LIVING. UNIT IS UPDATED WITH WOOD LAMINATED FLOOR. KITCHEN INCLUDES REFRIGERATOR, STOVE AND MICROWAVE. AMENITIES IN THE BUILDING INCLUDES PARTY ROOM, EXERCISE ROOM, INDOOR POOL, LOBBY WITH POOL TABLE AND PIANO, ELEVATOR AND COIN LAUNDRY. STORAGE IN THE BASEMENT INCLUDED IN THE RENT. GARAGE PARKING AVAILABLE IN UNDERGROUND GARAGE FOR $90

    Grazyna Jankowska Chicagoland Brokers, Inc.

    3305 Sunset Ave Unit 213, Waukegan, IL 60087
  • /20

    $2,900 Per Month

    • 3 Beds
    • 1 Bath
    • 1,433 Sq Ft
    • Condo for Rent

    1402 N Jackson St Unit 1, Waukegan, IL 60085

    Property Id: 2407009 Welcome to this beautiful and charming first-floor home in a centrally located Waukegan duplex, offering comfort, convenience, and easy access to everything the Chicagoland area has to offer. Located just about 15 minutes from Great Lakes Naval Station and AbbVie, Inc, this home is ideal for military visits, graduations, work trips, or extended stays. The apartment

    1402 N Jackson St Unit 1, Waukegan, IL 60085
  • /19

    $2,300 Per Month

    • 2 Beds
    • 2 Baths
    • 1,330 Sq Ft
    • Townhouse for Rent

    2948 Concord Ln, Wadsworth, IL 60083

    Enjoy living in this desirable corner-unit townhome in Midlane Club. Upon entering, you will find a coat closet with access to the garage on the main level, with dramatic windows leading to the bright, open living space above. Featuring 9-foot ceilings throughout, the living room boasts a cozy fireplace with tile surround, built-in entertainment center, recessed lighting, balcony access, and an

    Shannon Lasky Concierge Property Management

    2948 Concord Ln, Wadsworth, IL 60083
  • /14

    $1,300 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    4246 Hickory Hills Dr Unit 2, Waukegan, IL 60087

    Available Now. Beautiful 2 bed Apartment in Waukegan. Brookstone Apartments complex. Great location on Sunset & Delany Rd. Rent includes Water and, Trash removal. Tenant pays Electric. Credit and Background checks required. Application fee $45 per adult. Minimum security deposit 1 month rent. Looking for prospective tenants with net monthly income at least 2.5X . good rental payment history

    4246 Hickory Hills Dr Unit 2, Waukegan, IL 60087
  • /23

    $1,190 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    3305 Sunset Ave Unit 324, Waukegan, IL 60087

    ONE BEDROOM APARTMENT AVAILABLE IN ONAN SUITES Suites - 55+ LIVING. UNIT IS UPDATED WITH WOOD LAMINATED FLOOR. KITCHEN INCLUDES REFRIGERATOR, STOVE AND MICROWAVE. AMENITIES IN THE BUILDING INCLUDES PARTY ROOM, EXERCISE ROOM, INDOOR POOL, LOBBY WITH POOL TABLE AND PIANO, ELEVATOR AND COIN LAUNDRY. STORAGE IN THE BASEMENT INCLUDED IN THE RENT. GARAGE PARKING AVAILABLE IN UNDERGROUND GARAGE FOR $90

    Grazyna Jankowska Chicagoland Brokers, Inc.

    3305 Sunset Ave Unit 324, Waukegan, IL 60087
  • /2

    $1,500 Per Month

    • 2 Beds
    • 1 Bath
    • 1,738 Sq Ft
    • Townhouse for Rent

    1225 Jackson St, North Chicago, IL 60064

    Discover your new home in this delightful 2-bedroom, 1-bathroom rental, perfectly situated in the vibrant North Chicago neighborhood. This inviting space features a bright and airy living room, ideal for relaxing or entertaining. Both bedrooms are spacious, offering ample closet space and natural light. Enjoy outdoor living in the generous yard. Additional Details: Pet Policy:

    1225 Jackson St, North Chicago, IL 60064
  • /13

    $2,200 Per Month

    • 2 Beds
    • 1.5 Baths
    • 1,309 Sq Ft
    • House for Rent

    4424 W Brownstone Way, Waukegan, IL 60085

    Welcome to 4424 W Brownstone Way, a spacious townhome located on a desirable corner lot in Waukegan's Pleasant Hill neighborhood. With an ample yard, thoughtful layout, and convenient access to shopping, dining, and major transportation routes, this home offers a comfortable combination of space, privacy, and convenience. Step inside to an inviting open floor plan where the living room flows

    Erick Rodriguez Coldwell Banker Realty

    4424 W Brownstone Way, Waukegan, IL 60085

Showing Results 1 - 40, Page 1 of 2

Why Live in Waukegan

Waukegan's mile-long municipal beach along Lake Michigan provides year-round waterfront recreation, while the historic Genesee Theatre brings Broadway shows and national acts to the heart of downtown. The 6.5-mile Illinois Beach State Park showcases diverse plant life and pristine shoreline. Downtown Waukegan features local art galleries, monthly ArtWauk events, and distinctive murals celebrating hometown author Ray Bradbury. The 700-slip Waukegan Harbor and Marina serves as a gateway to Lake Michigan boating and fishing. Local dining ranges from authentic Middle Eastern cuisine at Papa Marco's Grill & Kabob to classic Italian treats at Tina's Italian Bake Shop.

The housing market spans multiple price points across distinct neighborhoods. Single-family homes in Bonnie Brook have a median price of $305,000, while Downtown Waukegan's median price is $145,000. Shore Highlands and Fair Oaks Estates feature single-family homes with median prices of $295,000 and $286,000 respectively. The Greens at Midlane North has a median single-family home price of $265,800. One-bedroom condos throughout Waukegan have a median price of $85,000, while two-bedroom condos have a median price of $225,000.

Property taxes in Lake County stand at 2.68%, with Illinois state income tax at 4.95%. The combined sales tax rate is 8.89%. Commuters benefit from Metra's Union Pacific North Line to Chicago and access to Interstate 94. Top-rated schools include Libertyville High School and St. Patrick School. The Great Lakes Naval Training Center maintains a significant presence in the community.

Frequently Asked Questions

How much does it cost to rent a home in Waukegan, IL?
The median rent for a home in Waukegan, IL is $1,750 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Waukegan, IL?
To comfortably afford the median rent in Waukegan, IL, a household needs to earn roughly $70,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,750 per month in Waukegan, IL, renters typically need to show $5,250 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Waukegan, IL?
In Waukegan, IL, the price-to-rent ratio is 11.9, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Waukegan, IL are best for renting a home?
The best neighborhood for renting in Waukegan, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include West Waukegan, Downtown Waukegan, Southwest Waukegan, The Links at Midlane and South Libertyville, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
54
Median Rent
$1,750
Median Single Family Home Rent
$2,000
Median Townhouse Rent
$2,200
Median Condo Rent
$1,370
How to Rent a Home