Houses For Rent in Waukegan, IL

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What to Know About

Life in Waukegan & Beyond

Waukegan shares many of the great qualities that make Illinois a desirable place to live.

Illinois is known for its rich cultural heritage, lively urban centers, and beautiful countryside landscapes. Explore the state's cultural heritage by visiting renowned museums such as the Lincoln Presidential Library and Museum, the Field Museum of Natural History, the Museum of Science and Industry, and the Art Institute of Chicago. The state also has a thriving theater and art scene, including the renowned Steppenwolf Theatre Company in Chicago. Illinois is also home to respected universities like the University of Illinois at Urbana-Champaign and Northwestern University.

Outdoor enthusiasts will love the scenic beauty of the Shawnee National Forest and the adventure-filled trails of the Starved Rock State Park. Sports fans will be in their element in Illinois, cheering on the Chicago Bears (NFL), Chicago Blackhawks (NHL), Chicago Cubs (MLB), Chicago White Sox (MLB), and Chicago Bulls (NBA). Experience famous attractions like the Willis Tower, Navy Pier, and the Lincoln Park Zoo. Also, enjoy the musicals and plays at Broadway-in-Chicago, festivals throughout the summer months, and culinary tours of the local restaurants.

With its vibrant cultural scene, exciting entertainment options, and top-notch educational opportunities, Illinois offers a high quality of life, making it a great place to live.

Rental Market Trends

Waukegan, IL

As of March 2025, Waukegan's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Waukegan's average rent is 32.6% ($556) lower than the Illinois average of $1,706 and 35.7% ($638) lower than the U.S. average of $1,788.

Average Rent
$1,150
Monthly ChangeMonth Over Month Change
Decreased1.5% ($17)
Yearly ChangeYear Over Year Change
Decreased14.1% ($189)
Avg. Days on MarketAverage Days on Market
29
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,126 Decreased1.2% ($14) Decreased1.4% ($16)
2 Beds $1,418 Decreased4.6% ($69) Increased2.1% ($29)
3 Beds $1,594 Decreased4.7% ($78) Decreased11.1% ($200)
Nearby Cities Average Rent Avg. Rent vs. WaukeganAverage Rent vs. Waukegan Avg. Days on MarketAverage Days on Market
Gurnee $1,774 Increased54.3% ($624) 30 days
Zion $1,178 Increased2.4% ($28) 28 days
Lake Bluff $1,970 Increased71.3% ($820) 27 days
Libertyville $1,651 Increased43.6% ($501) 28 days
Lake Forest $5,216 Increased353.6% ($4066) 25 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Waukegan Rental Market FAQs

Explore rental prices, market trends, and availability in Waukegan, IL.

The average rent in Waukegan, IL is $1,150 per month.
Houses in Waukegan typically rent for between $788 and $2,072 per month, with an average of $1,150 per month.
In Waukegan, the average rent for a 1-bedroom house is $1,126 per month, for a 2-bedroom house, $1,418 per month, and a 3-bedroom house is $1,594 per month.
The average rent in Waukegan is 35.7% ($638) lower than the national average of $1,788 per month.
The average rent in Waukegan has decreased by 1.5% ($17) in the last month and decreased by 14.1% ($189) over the past year.
The rental market in Waukegan, IL, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Waukegan, IL, the average rental stays on the market for approximately 29 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 25 rental properties available in Waukegan, IL.
Based on the current averages, a household would need an annual income of $56,720 to comfortably afford a 2-bedroom house in Waukegan.
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