Low Income Apartments and Affordable Housing For Rent in Waukegan, IL (2024)

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Discover affordable housing in Waukegan where there are 20+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Kings Court Apartments

2801N W Grandville Ave, Waukegan, Illinois 60085

bed1-2

payment$825-930/mo.

Cinnamon Lake Towers

2701 Glen Flora Avenue, Waukegan, Illinois 60085

bedStudio-2

payment$775-975/mo.

Hickory Manor Apartments

4160 Continental Dr, Waukegan, Illinois 60087

bed1-3

Fountain Square Senior Apartments

3690 S Casimir Pulaski Drive, Waukegan, Illinois 60085

bed1

Village Park Apartment Homes

2520 Village Park Dr, Waukegan, Illinois 60087

Lakeside Towers Apartments

200 Julian St, Waukegan, Illinois 60085

Brookside Knoll

206 N Green Bay Rd, Waukegan, Illinois 60085

bed1-3

payment$900-1200/mo.

Beechwood at the Preserve

3080 W 8th St, Waukegan, Illinois 60085

bed1-3

payment$1182-1595/mo.

Lilac Ledge Apartments

542 Washington St, Waukegan, Illinois 60085

Waukegan Supportive Housing

2700 Sunset Ave, Waukegan, Illinois 60087

Brookstone

4247 Hickory Hills Dr, Waukegan, Illinois 60087

2443 W Dugdale Rd, Waukegan, Illinois 60085

Independence Center

644 Mill Ct, Waukegan, Illinois 60085

Waukegan Apartments

102 Washington Ter, Waukegan, Illinois 60085

Armory Terrace Homes

1701 N McAree Rd, Waukegan, Illinois 60085

Barwell Manor Homes

565 S Genesee St, Waukegan, Illinois 60085

Ravine Terrace Homes

200 S Martin Luther King Jr Ave, Waukegan, Illinois 60085

Harry A. Poe Manor Home

300 Lake St, Waukegan, Illinois 60085

Rebound Youth Center

1901 N Lewis Ave, Waukegan, Illinois 60087

Chapel Garden Senior Apartments

East Side of Mcaree Rd, Waukegan, Illinois 60085

How To Identify Affordable Housing in Waukegan, Illinois

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

BadgeDescription

switch_access_shortcutShort Wait

Low income apartments with no or short waiting lists.

paymentSubsidized

Low income housing where the rent is subsidized and the renter pays only a portion of total rent.

real_estate_agentAccepts Vouchers

Apartments that accept Section 8 vouchers near you

elderlySenior

Rental housing for seniors who are 55 (or sometimes 62) and older.

paymentIncome Based

Affordable apartments where the rent paid is based on renter income.

accessibilityAccessible

Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.

accessible_forwardDisability

Apartments for individuals or families with disabilities.

Back to rentals ↑

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment InWaukegan, Illinois

$32.46/hour

$18.46

(+132%) more thanIllinois minimum wage and

$25.21

(+348%) more than the Federal minimum wage.

Learn More About Waukegan, Illinois AffordableHousing ↓

What HUD offices serve Waukegan, Illinois?

Public Housing Agencies operate federally assisted affordable housing programs atlocal levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within theirjurisdiction.

Waukegan Housing Authority

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Family Self-Sufficiency, Veteran Affairs Supportive Housing (VASH), Mainstream Voucher, Family Unification Program (FUP) programs for Waukegan, Illinois.

Lake County Housing Authority

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Family Self-Sufficiency programs for Waukegan, Illinois.

Housing Authority of the City of North Chicago

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Waukegan, Illinois.

Go to theIllinoisPublic Housing and Low-Income Apartments Waiting Lists page for openings near Waukegan.

How many renters live in Waukegan, Illinois?

The City of Waukegan haspeople living in households.

There are renters living inrenter households in thisCity. Renters make up 42.8percent of the population living in Waukegan.

What is the rental market like in Waukegan, Illinois?

There are an estimated housing units in theWaukegan area. Of these, units are rentalhomes, making up percent of the housing market. Forevery renter household in Waukegan, Illinois, there are1.09 rental units.

What is the vacancy rate for rentals in Waukegan?

The rental vacancy rate in Waukegan is 3 percent.This is alower than averagevacancy rate.When rental vacancy rates are low there are fewer available units. Rents tend to be higher as morepeoplecompete for scarce housing.

How many rental units are in Waukegan for each bedroom size?

Occupied Rental Units by Size in Waukegan
StudioOne-BedroomTwo-BedroomThree-BedroomFour+ Bedrooms
8184,7306,5303,105591

Occupied Rental Units by Size in Waukegan

A large number of apartments in Waukegan have two or fewer bedrooms. Seniors and youngprofessionalsespecially may have more success finding an apartment that meets their needs.

How Much Is Rent in Waukegan

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - rangesfrom $1,399 to $2,583. FMRs areupdated annually by HUD for every city and county nationwide.

Bed Size2024 Fair Market Rents
Studio$1,399
One BR$1,507
Two BR$1,714
Three BR$2,182
Four BR$2,583

2024 Fair Market Rents in Waukegan, Illinois

How many units are rented at Fair Market Rent (FMR) in Waukegan?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s FairMarket Rent. Markets with a large share of units above FMR tend to have longer search times to find aqualified unit, while those with a large share of units below FMR tend to have more choices and shortersearch times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit SizeCount of Units Below FMRPercentage of Total Units Below FMR
Studio78896 percent
One BR4,29291 percent
Two BR5,41383 percent

Rental Units Below FMR in Waukegan, Illinois

How many affordable rental units are in Waukegan?

There are a variety of federal affordable housing programs serving households inWaukegan, Illinois including the following:

Federal ProgramUnit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Section 811 Supportive Housing for Persons with Disabilities
Tracked Units by Federal Program in Waukegan, Illinois

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Waukegan, Illinois

Waukegan features 1,420 income based apartments.Tenants of income based apartments typically pay no more than 30% of their income towards rent andutilities.

Low Rent Apartments in Waukegan, Illinois

There are 840 rent subsidized apartments that do notprovide direct rental assistance but remain affordable to low income households in Waukegan.

Housing Choice Vouchers in Waukegan, Illinois

On average, Section 8 Housing Choice vouchers pay Waukegan landlords$700 per month towards rent. The average voucher holdercontributes $300 towards rent inWaukegan.

The maximum amount a voucher would pay on behalf of a low-income tenant in Waukegan, Illinois fora two-bedroom apartment is between $1,543 and $1,885.

Sourced from federal housing data and AffordableHousingOnline.comresearch.

Affordable Housing Tip

If you're a homeless veteran, contact your VA Medical Center.

You may have an opportunity to apply for a VASH voucher, which is a Section 8 voucher for homeless veterans.

What Renters Say About Us

Montana Love says:

"This is the greatest website I have ever used. It keeps you informed and updated on any place that has affordable housing. Thank you Affordable Housing Online!"

Low Income Apartments and Affordable Housing For Rent in Waukegan, IL (2024)
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