Waukegan, IL Rent History

125 months of data, 2016–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).

Today (2026-09)
$1,660
1-year change
+2.7%
$43/mo
5-year change
+36.5%
$444/mo
10-year change
+72.6%
$698/mo

Monthly rent trend

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Year-by-year rent in Waukegan

YearMedian rentYoY changevs 2016
2016$969/mo—0.0%
2017$999/mo+3.1%+3.1%
2018$1,028/mo+2.9%+6.1%
2019$1,038/mo+1.0%+7.1%
2020$1,084/mo+4.4%+11.9%
2021$1,173/mo+8.2%+21.1%
2022$1,275/mo+8.7%+31.6%
2023$1,383/mo+8.5%+42.7%
2024$1,437/mo+3.9%+48.3%
2025$1,593/mo+10.9%+64.4%
2026$1,650/mo+3.6%+70.3%

Frequently asked questions

How much has rent in Waukegan changed since 2016?

Median rent in Waukegan, IL was $969 in 2016-05 and is $1,660 as of 2026-09 — a change of $691 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 +36.5% ($444 per month). The current median is $1,660.

What has rent in Waukegan done over the past decade?

Over the past 10 years, median rent in Waukegan, IL has changed +72.6% ($698 per month). It is now $1,660.

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

Year over year, median rent in Waukegan, IL has increased +2.7% ($43/mo). Current median: $1,660.

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.