Bedroom count
Property type
Last updated on May 30, 2026
Last updated on May 30, 2026
Bedroom count
Property type
Waukegan, IL rent rose 14.6% year over year, with a current median of $1,400/month. Renters are paying $462 more per month than last year, despite a 3.6% month-over-month decline from the recent peak in April 2026.
Waukegan sits 28.2% more affordable than the $1,950/month national median, offering a lower-cost option for renters with 56 total rentals across the city.
Studios in Waukegan run at $1,950/month, 1-bedrooms at $1,180/month, and 4+ bedrooms at $3,925/month, with 1-bedrooms making up 35.1% of total rentals. Houses rent for a median of $2,100/month, while apartments sit at $1,232/month, providing distinct price tiers for renters.
Norshore Park rents climbed 40.7% year over year to $1,400/month across 13 rentals, contrasting with Lake Cogardens where rents fell 25.6% to $1,450/month. The citywide market rose 14.6%, so these neighborhoods show divergent local trends.
Median rent in Waukegan
$1,400/mo
vs previous year
The average rent in Waukegan is $1,400 per month as of May 2026. This is 28% below the national average rent, or $550 less per month.
average price per square foot
Available rentals in Waukegan
56
for rent on Zumper.com as of May 2026
Share of Waukegan rentals at each price point
Average rent prices in Waukegan have decreased by 4% over the last month and have increased by 15% since last year.
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Rent prices in Waukegan vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Waukegan is $1,232, whereas a house costs $2,100. 1-bedroom apartments in Waukegan run $1,180 on average, while 2-bedroom apartments are $1,500.
Listings | ||||
|---|---|---|---|---|
Studio | $1,950 | 3% | 95% | |
1 bedroom | $1,180 | 1% | 8% | |
2 bedroom | $1,572 | 1% | 51% | |
3 bedroom | $2,200 | 1% | 39% | |
4 bedroom | $3,925 | 17% | 58% |
Listings | ||
|---|---|---|
Lake Cogardens | $1,450 | |
Marquette Highlands | $1,700 | |
Norshore Park | $1,400 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,232 | 4% | No Change | |
Condos | $2,600 | 2% | - | |
Houses | $2,100 | 3% | No Change | |
Rooms | $875 | - | - |
Studio
Average rent
$1,950
Last 30 days
3%
Last year
95%
1 bedroom
Average rent
$1,180
Last 30 days
1%
Last year
8%
2 bedroom
Average rent
$1,572
Last 30 days
1%
Last year
51%
3 bedroom
Average rent
$2,200
Last 30 days
1%
Last year
39%
4 bedroom
Average rent
$3,925
Last 30 days
17%
Last year
58%
Marquette Highlands
Average rent
$1,700
Norshore Park
Average rent
$1,400
Lake Cogardens
Average rent
$1,450
Apartments
Average rent
$1,232
Last 30 days
4%
Condos
Average rent
$2,600
Last 30 days
2%
Houses
Average rent
$2,100
Last 30 days
3%
Rooms
Average rent
$875
The table above reflects average rent prices in Waukegan, 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.
Compare median rent prices in Waukegan and Arlington Heights by all bedroom counts and property types.
Waukegan
lower than the national median
higher than the national median
Takeaway
The median rent for all rentals in Waukegan, IL is 30% lower than the median rent in Arlington Heights, IL.
Explore rent trends in neighboring markets
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Quick answers to common questions about the Waukegan rental market.
The average rent in Waukegan is $1,400 per month as of May 23, 2026.
Average rent prices in Waukegan have decreased by 4% over the last month and have increased by 15% since last year.
Rent in Waukegan is 28% below the national average, which means renters are paying approximately $550 less per month.
The most affordable neighborhoods in Waukegan are Norshore Park ($1,400/mo), Lake Cogardens ($1,450/mo), and Marquette Highlands ($1,700/mo).
To comfortably afford rent in Waukegan, you'd need to earn approximately $56,000/year, based on spending no more than 30% of your income on rent.
Waukegan's 2025 rental market shows one-bedroom apartments averaging around $1,100 per month, while two-bedroom units average around $1,500 monthly. These lakeside community rentals reflect the current pricing across the city's strong inventory of 113 average monthly listings.
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).