Bedroom count
Property type
Last updated on October 17, 2026
Last updated on October 17, 2026
Bedroom count
Property type
Waukegan, IL rent rose 7.1% year over year to a current median of $1,500/month. This reflects a $170 increase per month compared to last year, with a 3.3% rise month over month indicating recent upward momentum.
Waukegan is 21.1% more affordable than the $1,900/month national median, making it a more accessible market for renters seeking value in Illinois. The market includes 51 total rentals, offering a modest selection.
Studio rents in Waukegan are around $1,245/month, 1-bedrooms at $1,162/month, and 2-bedrooms at $1,530/month. Larger units include 3-bedrooms at $2,190/month and 4+ bedrooms at $3,775/month, covering a broad span across bedroom sizes.
Apartments average $1,300/month while houses are higher at $2,175/month. Apartments make up 44.5% of total rentals, houses 43.1%, and condos 12.4%, showing distinct price tiers across property types.
Median rent in Waukegan
$1,500/mo
vs previous year
The average rent in Waukegan is $1,500 per month as of October 2026. This is 21% below the national average rent, or $400 less per month.
average price per square foot
Available rentals in Waukegan
51
for rent on Zumper.com as of October 2026
Share of Waukegan rentals at each price point
Average rent prices in Waukegan have increased by 3% over the last month and have increased by 7% 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 $1,300, whereas a house costs $2,175. 1-bedroom apartments in Waukegan run $1,162 on average, while 2-bedroom apartments are $1,500.
Listings | ||||
|---|---|---|---|---|
Studio | $1,245 | 6% | 42% | |
1 bedroom | $1,162 | 1% | 6% | |
2 bedroom | $1,530 | 1% | 6% | |
3 bedroom | $2,189 | 1% | 27% | |
4 bedroom | $3,775 | 4% | 75% |
Listings | ||
|---|---|---|
Lake Cogardens | $1,595 | |
Marquette Highlands | $1,510 | |
Norshore Park | $1,681 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,300 | No Change | No Change | |
Condos | $1,900 | No Change | No Change | |
Houses | $2,175 | 1% | No Change |
Studio
Average rent
$1,245
Last 30 days
6%
Last year
42%
1 bedroom
Average rent
$1,162
Last 30 days
1%
Last year
6%
2 bedroom
Average rent
$1,530
Last 30 days
1%
Last year
6%
3 bedroom
Average rent
$2,189
Last 30 days
1%
Last year
27%
4 bedroom
Average rent
$3,775
Last 30 days
4%
Last year
75%
Marquette Highlands
Average rent
$1,510
Norshore Park
Average rent
$1,681
Lake Cogardens
Average rent
$1,595
Apartments
Average rent
$1,300
Last 30 days
No Change
Condos
Average rent
$1,900
Last 30 days
No Change
Houses
Average rent
$2,175
Last 30 days
1%
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 27% 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 $1,500 per month as of October 10, 2026.
Average rent prices in Waukegan have increased by 3% over the last month and have increased by 7% since last year.
Rent in Waukegan is 21% below the national average, which means renters are paying approximately $400 less per month.
The most affordable neighborhoods in Waukegan are Marquette Highlands ($1,510/mo), Lake Cogardens ($1,595/mo), and Norshore Park ($1,681/mo).
To comfortably afford rent in Waukegan, you'd need to earn approximately $60,000/year, based on spending no more than 30% of your income on rent.
February offers the lowest rents in Waukegan with an 8% difference from peak December prices. October and November also see less demand, while March and May are the most competitive months for apartment hunting.
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).