Downtown Waukegan, Lake County, IL Housing Trends, Rent, Price-to-Rent

Market Summary

Downtown Waukegan, Lake County, IL

Median Home Price Price

$202,320 $202.3K

Median Monthly Rent Rent

$1,787 $1.8K

GRM

9.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Downtown Waukegan, IL is $1,787, with MoM change +$24 and YoY change +$213 pointing to positive momentum while volatility is low (std $58).

Benchmark Markets Side by Side

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Metric

Base market Downtown Waukegan, IL

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Delta vs base

Median rent

$1,787

N/A

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Median price

$202,320

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YoY change

+$213

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Price-to-rent

9.4x

Data unavailable

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