Apartments for Rent in Waukegan, IL

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

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

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

The price range for a studio apartment in Waukegan, IL is between $1,050 and $1,717.

The price range for a 1-bedroom apartment in Waukegan, IL is between $1,200 and $2,392.

The price range for a 2-bedroom apartment in Waukegan, IL is between $1,300 and $3,088.

The price range for a 3-bedroom apartment in Waukegan, IL is between $1,375 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 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.

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.