Apartments for Rent in Waukegan, IL

Prices and availability in Waukegan, IL were last updated on 23 Jun 2026.

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

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

The price range for a studio apartment in Waukegan, IL is between $1,035 and $1,213.

The price range for a 1-bedroom apartment in Waukegan, IL is between $1,190 and $2,414.

The price range for a 2-bedroom apartment in Waukegan, IL is between $1,380 and $2,463.

The price range for a 3-bedroom apartment in Waukegan, IL is between $1,425 and $2,205.

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 average age of rental buildings in Waukegan is 43 years old, with 15% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 4 stories, of which 85% are garden-style apartment communities, 9% are mid-sized buildings, and 5% are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Rental apartments in Waukegan come in a range of sizes and floorplans. Studio apartments represent 2% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 43% of the total apartments in the city, while 2-bedroom floorplans represent around 49% of all rentals in Waukegan. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.