Waukegan, IL Rent History

122 months of data, 20162026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).

Today (2026-06)
$1,648
1-year change
+5.4%
$84/mo
5-year change
+45.5%
$515/mo
10-year change
+76.6%
$715/mo

Monthly rent trend

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Year-by-year rent in Waukegan

YearMedian rentYoY changevs 2016
2016$934/mo0.0%
2017$965/mo+3.3%+3.3%
2018$991/mo+2.7%+6.1%
2019$1,000/mo+0.9%+7.1%
2020$1,045/mo+4.5%+11.9%
2021$1,129/mo+8.0%+20.9%
2022$1,227/mo+8.7%+31.4%
2023$1,336/mo+8.9%+43.0%
2024$1,383/mo+3.5%+48.1%
2025$1,542/mo+11.5%+65.1%
2026$1,585/mo+2.8%+69.7%

Frequently asked questions

How much has rent in Waukegan changed since 2016?

Median rent in Waukegan, IL was $934 in 2016-05 and is $1,648 as of 2026-06 — a change of $714 per month over 10 years.

How much has Waukegan rent increased in the last 5 years?

Over the past 5 years, median rent in Waukegan, IL has changed +45.5% ($515 per month). The current median is $1,648.

What has rent in Waukegan done over the past decade?

Over the past 10 years, median rent in Waukegan, IL has changed +76.6% ($715 per month). It is now $1,648.

Is rent in Waukegan going up or down year over year?

Year over year, median rent in Waukegan, IL has increased +5.4% ($84/mo). Current median: $1,648.

See full rent data for Waukegan, IL
Methodology: Rent figures use ZORI (Zillow Observed Rent Index) monthly smoothed seasonally-adjusted values for all properties (single family + condo + multifamily). Year-by-year table uses April readings (or nearest available month) for consistency across years. 1-/5-/10-year change uses the same month 2026 as the anchor.