City

WAUKEGAN, IL

Chicago-Naperville-Elgin, IL-IN-WI

Median home value: $229K (+5.5% YoY). Rent: $1,597/mo. Price-to-rent: 11.9x. Part of Chicago-Naperville-Elgin, IL-IN-WI.

Limited Data

Basic Zillow data only. For stress scores, AI analysis, and trends, Chicago-Naperville-Elgin, IL-IN-WI metro page.

Home Value$228,941
+5.5%
Rent$1,597/mo
AFFORDABILITY

Enter your income for Waukegan.

$45,788 on $228,941
Affordable — 26.8% of income

Under the 28% guideline.

PITI$1,674
P/I26.8%
Afford$239K
Room+$10K
P&I $1,098Tax $425Ins $150
Renting $77/mo cheaper ($1,597 rent)6.00% 30yr, 20% down, county tax + IL ins. 28% per HUD.
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Waukegan Housing Market | CrashWatch