Rentometer, Inc. | Data as of 10/22/2025
Waukegan’s rental market offers a diverse mix of apartments and single‑family homes, catering to professionals, families, and students alike. Downtown Waukegan and the historic Genesee district feature walkable streets with easy access to the Genesee Theatre, Lake Michigan shoreline, and the bustling Harbor District, making studio and one‑bedroom apartments especially appealing. These smaller units typically rent in the $1100‑$1200 range, providing affordable options close to restaurants, boutique shops, and public transit. For those seeking more space, two‑bedroom apartments hover around the $1500s, while three‑bedroom units approach the $1700 range, often situated near parks such as Jack Benny Center and the scenic Illinois Beach State Park.
Beyond apartments, Waukegan’s housing stock includes a robust selection of houses across neighborhoods like the West End and Golf‑crest. Two‑bedroom homes commonly rent in the $2200s, three‑bedroom homes in the $2100‑$2200 range, and larger four‑plus‑bedroom properties can reach the $2600‑$3000 bracket, reflecting the city’s blend of suburban comfort and urban convenience. Residents enjoy a variety of amenities, from quality schools and community centers to recreational trails along the lakefront. This combination of affordable pricing, diverse housing types, and vibrant local attractions positions Waukegan as a compelling choice for renters seeking both value and lifestyle in the greater Chicago area.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,205 | $1,090 | $950 - $1,848 | $985 - $1,421 |
| Apartment | 1 Bedroom | $1,206 | $1,157 | $700 - $1,962 | $1,085 - $1,370 |
| Apartment | 2 Bedroom | $1,509 | $1,442 | $950 - $2,247 | $1,310 - $1,600 |
| Apartment | 3 Bedroom | $1,712 | $1,599 | $1,400 - $2,252 | $1,499 - $2,252 |
| House | 2 Bedroom | $1,793 | $1,762 | $800 - $3,000 | $1,600 - $2,100 |
| House | 3 Bedroom | $2,205 | $2,100 | $1,150 - $3,600 | $1,980 - $2,350 |
| House | 4+ Bedroom | $3,070 | $2,737 | $1,815 - $6,500 | $2,300 - $3,800 |
In the current period, the average rent in Waukegan was $1,205 for Studio, $1,197 for 1 Bedroom, $1,607 for 2 Bedroom, $2,170 for 3 Bedroom, and $3,016 for 4+ Bedroom.
Data provided by Rentometer, Inc.