Rental market trends in Waukegan, IL
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Average Apartment Cost in Waukegan, IL
The average rent for apartments in Waukegan, IL, is between $875 and $1,432 in 2023. For a studio apartment in Waukegan, IL, the average rent is $875. When it comes to 1-bedroom apartments, the average rent in Waukegan, IL, is $1,097. For a 2-bedroom apartment, the average rent is $1,432.
Apartment Rent Ranges in Waukegan, IL
Apartment Prices Proportion | ||
|---|---|---|
| $501-$700 | 0% |
How Other Cities Compare to Waukegan, IL
| City | Studio Avg Rent | Annual Change |
|---|---|---|
| Brookfield | $2,131 | +3% |
| Palatine | $1,871 | -- |
| Wheaton | $1,799 | +16% |
| Elmhurst | $1,775 | +18% |
| Naperville | $1,705 | -10% |
| Des Plaines | $1,656 | -9% |
| Lombard | $1,619 | +10% |
| Lisle | $1,534 | -19% |
| Schaumburg | $1,454 | +11% |
| Evanston | $1,325 | +10% |
| City | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Lombard | $2,203 | +41% |
| Elgin | $1,800 | +6% |
| Saint Charles | $1,783 | -8% |
| Chicago | $1,757 | -8% |
| Elmhurst | $1,710 | +3% |
| Wheaton | $1,700 | +3% |
| Naperville | $1,643 | +20% |
| Schaumburg | $1,560 | +11% |
| Brookfield | $1,495 | +11% |
| Milwaukee | $1,462 | +4% |
| City | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Elgin | $2,600 | +136% |
| Lombard | $2,494 | +31% |
| Chicago | $2,336 | -10% |
| Elmhurst | $2,125 | +11% |
| Evanston | $1,995 | +8% |
| Brookfield | $1,925 | +33% |
| Naperville | $1,892 | -3% |
| Schaumburg | $1,890 | +9% |
| Aurora | $1,832 | +5% |
| Wheaton | $1,812 | -24% |
Waukegan, IL Rent Trends
| Studio | 1 Bed | 2 Beds | ||||||||||||||||||
| Mar 2021 | Apr 2021 | May 2021 | Jun 2021 | Sep 2021 | Oct 2021 | Jan 2022 | Feb 2022 | Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 |
| $875 | $875 | $875 | $875 | $875 | $875 | $875 | $875 | $875 | $885 | $885 | $877 | $885 | $877 | $877 | $881 | $885 | $883 | $881 | $879 | $875 |
| $1135 | $1135 | $1135 | $1135 | $1135 | $1135 | $1135 | $1135 | $1135 | $1070 | $1070 | $1040 | $1085 | $1095 | $1105 | $1115 | $1115 | $1115 | $1110 | $1127 | $1075 |
| $1340 | $1340 | $1340 | $1340 | $1340 | $1340 | $1340 | $1340 | $1340 | $1400 | $1355 | $1327 | $1375 | $1370 | $1385 | $1437 | $1457 | $1435 | $1442 | $1482 | $1432 |
| $1615 | $1615 | $1615 | $1615 | $1675 | $1680 | $1780 | $1780 | $1779 | $1778 | $1777 | $1776 | $1775 | $1774 | $1775 | $1717 | $1659 | $1600 | $1600 | $1600 | $1600 |
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