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Studio Apartments for Rent in Waukegan, IL - 4 Rentals available

We found 1 rental in Waukegan, IL and 3 rentals nearby

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  • Apartment

    1610 Sunset Avenue, Waukegan, IL 60087
    $750
    • Studio
    • 1 Bath
    Monarch Investments
    Available Today! Last updated 21 Jul 2019
    (224) 413-3050

We found 2 rentals within a 3-mile radius of Waukegan, IL

We found 1 rental within a 10-mile radius of Waukegan, IL

  • Apartment

    1111 N. Milwaukee Ave, Vernon Hills, IL 60061
    $1,520 - $1,700
    • Studio
    Last updated 21 Jul 2019

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Waukegan, IL Demographics

  • Total Population87,705
  • Female 43,985
    Male 43,720
  • Median Age33

Average Rent in Waukegan, IL

  • Waukegan, IL Average Rental Price, July 2019$983/mo

Waukegan, IL Apartment Rent Ranges

  • $501-$7005%
  • $701-$1,00053%
  • $1,001-$1,50037%
  • $1,501-$2,0005%

Waukegan, IL Rent Trends

Average Rent Jan / 2016 May / 2016 Sept / 2016 Jan / 2017 May / 2017 Sept / 2017 Jan / 2018 May / 2018 Sept / 2018 Jul / 2019
Waukegan, IL $887 $922 $911 $900 $931 $915 $926 $927 $959 $983
National $1,313 $1,342 $1,344 $1,348 $1,377 $1,378 $1,386 $1,420 $1,425 $1,432
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Average rent is projected to grow by 2% in 2019 compared to 2018.

Please note that projected rent growth is calculated at city level.

Average rent values on this page are aggregated from data from the following zip codes: 6008560087

Check out the average rent prices in Waukegan by neighborhood.

Waukegan, IL Households

  • Total Number of Households28,943
  • Family 19,733
    Non-family 9,210
  • Children 12,650
    No Children 16,293
  • Average People Per Household2.89
  • Median Household Income$50,145
  • Median Housing Costs Per Month$1,004

Waukegan, IL Education Statistics

  • No High School14%
  • Some High School46%
  • Some College20%
  • Associate Degree6%
  • Bachelor Degree10%
  • Graduate Degree4%

Renting a studio apartment in Waukegan, IL

The bad news is that the hip neighborhoods are typically not the places to look for truly affordable homes for rent, and Waukegan, IL is no exception. That is unless you are willing to give up the (real or imagined) benefits of multiple rooms and experience the minimalist simplicity of a small apartment located smack dab in the middle of the action. Leaf through 1 listing with a total of 4 units, and you’ll be sure to find at least a couple of cheap studios that will make you wonder whether having one or two extra rooms is really worth the difference in price and commute time. Already a fan of living small? Why don’t you check out our selection of one room apartments—there’s always a better deal out there, you just have to know where to look for it (Waukegan City is the cheapest neighborhood in town—wink wink).

They are called efficiency apartments for a reason

In case you’re still wondering, the time and effort put into finding an efficiency apartment does pay off. Literally, and pretty fast too. While the cheapest bachelor units normally have a small bath and one bigger, multifunctional space (meaning that the hall and the kitchen in the main room, basically), you don’t need to have that if it’s not your thing. You can find plenty of one-room apartments in Waukegan, IL with a separate kitchen. These are still well under the price of an apartment with multiple rooms, but slightly more expensive than your average studio, so it’s a good idea to aim for the higher end of the price range. The currently the most expensive studio apartment in Waukegan, IL costs a monthly $750.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!