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Newest Homes for Rent in Waukegan, IL

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  • /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
  • /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
  • /34

    Starting at $1,255 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
  • /22

    Starting at $1,444 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
  • /35

    Starting at $1,893 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
  • /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
  • /20

    Starting at $1,164

    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
  • /29

    Starting at $1,460 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
  • /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
  • /26

    Starting at $1,140 Per Month

    • 1 - 2 Beds

    206 N Green Bay Rd, Waukegan, IL 60085

    Enjoy stress free living , at our community most of your utilities are paid. At Brookside Knoll, our elevator and handicapped accessible building offers one bedroom, two bedroom and three bedroom apartments feature private balconies, laundry room facilities, extra storage room, underground parking garage, numerous exits in hallways and individually controlled heat and air conditioning. Located in

    Brookside Knoll

    206 N Green Bay Rd, Waukegan, IL 60085
  • /11

    $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
  • /18

    $3,150 Per Month

    • 2 Beds
    • 1 Bath
    • 1,300 Sq Ft
    • House for Rent

    435 Lynn Terrace, Waukegan, IL 60085

    Property Id: 2409334 Welcome to this beautifully updated Mid-Century Modern ranch home, located in a peaceful, well-established neighborhood in Waukegan, Illinois. Surrounded by mature trees, including a stunning White Oak that shades the property, this home offers a relaxing and comfortable setting perfect for mid-term stays. Inside, you’ll find a bright and spacious layout with large

    435 Lynn Terrace, Waukegan, IL 60085
  • /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
  • /8

    $3,000 Per Month

    • 3 Beds
    • 1 Bath
    • Condo for Rent

    2309 Western Ave Unit 2309, Waukegan, IL 60087

    Property Id: 2599364 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 2309, Waukegan, IL 60087
  • /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
  • /10

    $3,000 Per Month

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

    2301 Western Ave Unit 2303, Waukegan, IL 60087

    Property Id: 2865884 Experience a seamless stay in this newly remodeled, 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 a stunning

    2301 Western Ave Unit 2303, Waukegan, IL 60087
  • /15

    $2,055 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, might be the perfect fit for your lifestyle. Extra

    703 Porter St, 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

    $3,000 Per Month

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

    2301 Western Ave Unit 2301, Waukegan, IL 60087

    Property Id: 2865883 xperience a seamless stay in this newly remodeled, 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 a stunning

    2301 Western Ave Unit 2301, Waukegan, IL 60087
  • /18

    $3,600 Per Month

    • 5 Beds
    • 3.5 Baths
    • 3,100 Sq Ft
    • House for Rent

    1072 S Pleasant Hill Gate, Waukegan, IL 60085

    Property Id: 1153914 $3600 Gurnee schools 5BR 3.5BA house with Option to Buy 1072 S Pleasant Hill Gate, Gurnee IL 60085: Gurnee Schools but Waukegan Mailing address, year built 1995, lead-free and well-insulated two-story colonial house for rent at $3600/month with option to buy during the lease term or at the end of the lease term plus owner/Landlord agrees to provide a house purchase

    1072 S Pleasant Hill Gate, Waukegan, IL 60085
  • /15

    $2,020 Per Month

    • 2 Beds
    • 1 Bath
    • 1,200 Sq Ft
    • House for Rent

    12865 W Highland Ave, Waukegan, IL 60087

    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 2-bedroom, 1-bathroom rental home in Waukegan, IL, might be the perfect fit for your lifestyle. Relax

    12865 W Highland Ave, Waukegan, IL 60087
  • /16

    $1,800 Per Month

    • 3 Beds
    • 1 Bath
    • 891 Sq Ft
    • Apartment for Rent

    214 Franklin St Unit 1, Waukegan, IL 60085

    Come check out this beautifully updated first-floor 3 bedroom, 1 bath rental in Waukegan! Move-in ready with a spacious layout and so many updates throughout. Walk into a large open-concept living and dining area featuring new flooring, fresh paint, crown molding, recessed lighting, and plenty of natural light. The renovated kitchen has white shaker cabinets, stainless steel appliances, new

    Rocio Mena HomeSmart Connect LLC

    214 Franklin St Unit 1, Waukegan, IL 60085
  • /13

    $3,000 Per Month

    • 3 Beds
    • 1 Bath
    • Condo for Rent

    2313 Western Ave Unit 2315, Waukegan, IL 60087

    Property Id: 2599359 Experience a seamless stay in this newly remodeled, 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 a stunning

    2313 Western Ave Unit 2315, Waukegan, IL 60087
  • /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
  • /6

    $2,000 Per Month

    • 4 Beds
    • 1.5 Baths
    • 1,280 Sq Ft
    • Apartment for Rent

    1202 S Fulton Ave, Waukegan, IL 60085

    Beautifully updated 4-bedroom, 1.5-bath townhouse offering approximately 1,300 square feet of comfortable living space. This move-in-ready home features brand-new luxury vinyl flooring and fresh, bright paint throughout. Enjoy a spacious living room and dining area, remodeled bathrooms, new bedroom windows, brand-new central air conditioning, and added insulation for improved energy efficiency.

    Sara Eichstaedt Keller Williams Preferred Rlty

    1202 S Fulton Ave, Waukegan, IL 60085
  • /11

    $1,650 Per Month

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

    2513 Western Ave Unit 2513, Waukegan, IL 60087

    Spacious and sun-filled second-floor apartment in a well-maintained two-flat directly across from the park. Enjoy a private entrance and an inviting open floor plan with newer luxury vinyl flooring throughout. The kitchen offers room for a dining table, plus convenient access to the backyard. Both bedrooms feature generous closet space, while the ceramic-tile bath includes a large linen closet

    Anna Klarck AK Homes

    2513 Western Ave Unit 2513, Waukegan, IL 60087
  • /11

    $2,300 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,300 Sq Ft
    • Townhouse for Rent

    983 S Darla Ct, Waukegan, IL 60085

    Warren High School and Woodland District 50 grade schools! Three bedrooms, 2 car garage, hardwood floors and a great location near preserve! Neighborhood is close to everything-shopping, restaurants and highway. Neighborhood park. $6,000+ monthly household income required. $150 move in paid by new tenant. $100 move out paid by new tenant.

    Tom Carris @properties Christie's International Real Estate

    983 S Darla Ct, Waukegan, IL 60085
  • /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
  • /18

    $1,190 Per Month

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

    3305 Sunset Ave Unit 333, Waukegan, IL 60087

    ONE BEDROOM APARTMENT AVAILABLE IN ONAN 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 OR IN

    Grazyna Jankowska Chicagoland Brokers, Inc.

    3305 Sunset Ave Unit 333, Waukegan, IL 60087
  • /35

    $2,490 Per Month

    • 3 Beds
    • 1 Bath
    • 875 Sq Ft
    • House for Rent

    1706 North Ave, Waukegan, IL 60085

    Welcome to this inviting 3 bedroom ranch in Waukegan, offering a comfortable layout and a home that's ready for you to move right in. The updated kitchen, bathroom, and flooring give the interior a fresh, modern feel, while the private backyard provides plenty of space to relax, entertain, or enjoy the outdoors. For added convenience, the home includes a washer and dryer, so there's no need for

    Nella Ovallos Chicagoland Brokers, Inc.

    1706 North Ave, Waukegan, IL 60085
  • /6

    $950 Per Month

    • 1 Bed
    • 1 Bath
    • Apartment for Rent

    942 North Ave Unit 2S, Waukegan, IL 60085

    GREAT APT. AVAILABLE! SPACIOUS LIVING ROOM W/PICTURE WINDOW, HARDWOOD FLRS, NEWLY REMODELED & FULLY APPLIANCED KITCHEN W/TILE FLR & PANTRY, BEDROOM W/HARDWOOOD FLR, CEILING FAN & BALCONY. GAS/HEAT/WATER/GARBAGE/SNOW REMOVAL/EXTERIOR MAINTENANCE INCLUDED. CLOSE TO SHOPPING, RESTAURANTS, ETC.

    Alexander Attiah Fulton Grace Realty

    942 North Ave Unit 2S, Waukegan, IL 60085
  • /10

    $2,300 Per Month

    • 2 Beds
    • 1 Bath
    • 1,300 Sq Ft
    • Townhouse for Rent

    25 Keller Ave Unit S, Waukegan, IL 60085

    This spacious three-level townhouse offers 2 bedrooms, 1 bathroom, a bright sunroom, and plenty of comfortable living space. The home includes a private garage, additional outdoor parking, and a brand-new washer and dryer for added convenience. With three levels of living space, this townhouse provides great separation between living, sleeping, and recreational areas. The sunroom is perfect for

    Mershaun Scott Real People Realty

    25 Keller Ave Unit S, 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
  • /21

    $1,650

    Total Monthly Price

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

    222 N Genesee St Unit 207, Waukegan, IL 60085

    222 N Genesee St Unit 207, Waukegan, IL 60085
  • /2

    $1,550 Per Month

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

    2128 N Frolic Ave, Waukegan, IL 60087

    Fabulous 2 bedroom home. Very spacious living room with combo dining area. L shaped Kitchen has lots of cabinets. Newer stainless steel stove and refrigerator.. Move in condition!! 1 car garage. Enjoy and relax in private backyard. !!

    Silvia Garcia Fulton Grace Realty

    2128 N Frolic Ave, 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
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    $1,500 Per Month

    • 2 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • Apartment for Rent

    332 N West St Unit 2, Waukegan, IL 60085

    Honey stop the car! Wow! look at this amazing super clean 2 bedroom apartment with hardwood floors throughout. Formal dining room, updated bathroom, spacious and comfortable. Original woodwork throughout. TWO private balconies so you can enjoy the summer breeze. 1 car spaces available with unit. In the heart of downtown Waukegan. Hurry schedule your showing today, available immediately. Landlord

    Herbert Gonzalez Herbert A Gonzalez DMB

    332 N West St Unit 2, Waukegan, IL 60085
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    $5,250 Per Month

    • 5 Beds
    • 4.5 Baths
    • 3,830 Sq Ft
    • House for Rent

    5420 Belmont Ct, Libertyville, IL 60048

    AVAILABLE SEPTEMBER 1st! SCENIC POND VIEWS | CUL-DE-SAC LOCATION | 1.18-ACRE LOT | ALL BRICK ORREN PICKELL HOME | 5 BEDROOMS | 4.1 BATHS | 3-CAR GARAGE | OAK GROVE & LIBERTYVILLE HIGH SCHOOL DISTRICTS! Tucked away on a quiet cul-de-sac in desirable Nickels and Dimes, this impressive all-brick Orren Pickell-built home offers the perfect blend of timeless craftsmanship, expansive living space, and

    Leslie McDonnell RE/MAX Suburban

    5420 Belmont Ct, Libertyville, IL 60048
  • /9

    $2,400 Per Month

    • 3 Beds
    • 1.5 Baths
    • 864 Sq Ft
    • House for Rent

    2027 Indian Rd, Waukegan, IL 60087

    Welcome to 2027 Indian Road, a delightful 3-bedroom, 1 bathroom ranch home nestled in a quiet and established neighborhood in Waukegan. With its inviting layout, modern updates, and spacious outdoor space, this property offers comfort and convenience for anyone Step inside to find a bright and airy living room featuring large windows that bring in an abundance of natural light. The updated

    Tamara Hernandez RE/MAX Home Sweet Home

    2027 Indian Rd, Waukegan, IL 60087
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    $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

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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 $2,300 per month, though prices vary by neighborhood, size, and property type. As of September 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 $92,000 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 $2,300 per month in Waukegan, IL, renters typically need to show $6,900 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 9.0, 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, Marquette Highlands, Downtown Waukegan, Southwest Waukegan and Midtown, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
55
Median Rent
$2,300
Median Single Family Home Rent
$2,100
Median Townhouse Rent
$2,250
Median Condo Rent
$1,600
How to Rent a Home