Apartments for Rent in Waukegan, IL

Prices and availability in Waukegan, IL were last updated on 21 Sep 2026.

The best apartments in Waukegan, IL are: Northgate Apartments, Imperial Tower Apartments, Landings at Amhurst Lake, Harbor Lake and Reserve at Eagle Ridge.

The average rent in Waukegan, IL is $1,316.

The price range for a studio apartment in Waukegan, IL is between $1,376 and $1,992.

The price range for a 1-bedroom apartment in Waukegan, IL is between $1,250 and $2,526.

The price range for a 2-bedroom apartment in Waukegan, IL is between $1,400 and $3,212.

The price range for a 3-bedroom apartment in Waukegan, IL is between $1,445 and $2,215.

In Waukegan, 50% of the residents are renting compared to 50% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 13% of Waukegan's rentals, 67% are small-scale complexes with under 50 units, and 20% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Waukegan are about 43 years old, on average. Of these, 15% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 4 stories. About 85% of the rental communities here are low-rise, garden-style communities, 9% are mid-rises, and 5% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Studio apartments in Waukegan are around 2% of rentals, while 1-bedroom floor plans represent 43% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 49% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.