Last updated on November 2, 2026

Average rent in
Lake Forest College, IL

Median rent

Median rent in Waukegan

$2,234/mo

increased by46%

vs previous year

The average rent in Waukegan is $2,234 per month as of October 2026. This is 18% above the national average rent, or $334 more per month.

$2.03

average price per square foot

Total rentals

Available rentals in Waukegan

114

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Waukegan rentals at each price point

30%23%15%8%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Lake Forest College, IL

Average rent prices in Waukegan have increased by 46% since last year. At this time, we don't have enough information to generate yearly trends. Please see below for more rent price details.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Lake Forest College, IL

Rent prices in Waukegan vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Waukegan is $1,841, whereas a house costs $3,600. 1-bedroom apartments in Waukegan run $1,487 on average, while 2-bedroom apartments are $2,238.

Listings

Studio

$1,500

-

16%

1 bedroom

$1,512

-

6%

2 bedroom

$2,180

-

34%

3 bedroom

$3,700

-

9%

4 bedroom

$5,000

-

-

Studio

Average rent

$1,500

Last year

16%

1 bedroom

Average rent

$1,512

Last year

6%

2 bedroom

Average rent

$2,180

Last year

34%

3 bedroom

Average rent

$3,700

Last year

9%

4 bedroom

Average rent

$5,000

The table above reflects average rent prices in Lake Forest College, IL, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Discover rentals in Lake Forest College, IL

WASHINGTON ST. -217-219 - Photo 1 of 1

1d ago

7.8

Very good

WASHINGTON ST. -217-219

217 Washington St, Waukegan, IL 60085

1 bed

1 bath

$715–$1,025

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
LITTLE FORT APARTMENTS LLC - Photo 1 of 1

2d ago

8.6

Very good

LITTLE FORT APARTMENTS LLC

520 N Genesee St, Waukegan, IL 60085

1 bed

1 bath

$850–$1,050

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
FOREST VIEW MANOR - Photo 1 of 1

3d ago

9.4

Excellent

FOREST VIEW MANOR

1912 10th St, Waukegan, IL 60085

Studio–1 bed

1 bath

$875–$1,125

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Imperial Tower Apartments - Photo 1 of 1
Highly rated

3d ago

8.4

Very good

Imperial Tower Apartments

805 Baldwin Ave, Waukegan, IL 60085

Studio–2 beds

1–2 baths

$1,107–$2,004

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Lake Forest College, IL

Quick answers to common questions about the Waukegan rental market.

How much is rent in Waukegan?

The average rent in Waukegan is $2,234 per month as of October 31, 2026.

Is rent up or down in Waukegan?

Average rent prices in Waukegan have increased by 46% since last year.

How does Waukegan rent compare to the national average?

Rent in Waukegan is 18% above the national average, which means renters are paying approximately $334 more per month.

What salary do I need to afford rent in Waukegan?

To comfortably afford rent in Waukegan, you'd need to earn approximately $89,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

Cardinal Square - Building A