Rent by ZIP · Lake County
Rent in Waukegan, IL 60087
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,840 (+12.9% vs FY2026). Renters in this ZIP code pay a median $1,356 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,540 | $1,350 | +14.1% | $1,386–1,694 | $1,283 ±$265 |
| 1 bedroom | $1,630 | $1,450 | +12.4% | $1,467–1,793 | $1,034 ±$145 |
| 2 bedrooms | $1,840 | $1,630 | +12.9% | $1,656–2,024 | $1,370 ±$62 |
| 3 bedrooms | $2,370 | $2,100 | +12.9% | $2,133–2,607 | $1,679 ±$162 |
| 4 bedrooms | $2,700 | $2,430 | +11.1% | $2,430–2,970 | $1,870 ±$274 |
Small Area FMRs for the Chicago-Joliet-Naperville, IL HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Chicago-Joliet-Naperville, IL HUD Metro FMR Area, 2 bedrooms: $2,011.
What renters pay in 60087
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 60088 | Great Lakes | $2,550 | $1,538 |
| 60085 | Waukegan | $1,720 | $1,172 |
| 60089 | Buffalo Grove | $2,850 | $2,023 |
| 60084 | Wauconda | $1,820 | $1,369 |
| 60090 | Wheeling | $2,290 | $1,705 |
| 60083 | Wadsworth | $2,400 | $1,614 |
Fair Market Rents across Lake County, IL · All IL counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.