Home prices
The price of the median home in Waukegan is $132,200. It is roughly $20,800 (13%) lower compared to the surrounding areas.It is approximately $85,300 (39%) lower compared to the US as a whole, and it is roughly $125,800 (48%) lower in comparison to the city of Chicago.
Rents
In Waukegan the median rent is $960 a month. This is roughly $291 (23%) lower compared to its surrounding areas.It is roughly $102 (9%) lower in comparison to the nation as a whole, and it is roughly $152 (13%) lower compared to the city of Chicago.
Nearby places
Park City
Park City is Waukegan's neighbor to the southwest. Real estate prices there are a lot less expensive. The cost of the median home in Park City is $14,700, which is $117,500 (799%) lower than Waukegan. Its rents are fairly similar. Park City's median monthly rent is $923, which works out to $37 (4%) lower than Waukegan.
Gurnee
Gurnee is Waukegan's neighbor to the west. Its housing prices are substantially more expensive. The median home value in Gurnee is $259,500, which comes out to $127,300 (49%) higher than Waukegan. Rents there are a little more expensive. Gurnee's median rent is $1,210 per month, which is $250 (20%) higher than Waukegan.
North Chicago
North Chicago is Waukegan's neighbor to the south. Real estate prices there are somewhat less expensive. The median home in North Chicago costs $108,100, which is $24,100 (22%) lower than Waukegan. The rent there is a little more expensive. In North Chicago the median rent is $1,193 a month, which is $233 (19%) higher than Waukegan.
Beach Park
Beach Park is Waukegan's neighbor to the north. Its real estate prices are somewhat more expensive. The median home in Beach Park is valued at $150,900, which comes out to $18,700 (12%) higher than Waukegan. The rent there is substantially more expensive. The median monthly rent in Beach Park is $1,482, which comes out to $522 (35%) higher than Waukegan.
Gages Lake
Gages Lake is roughly 4 miles west from Waukegan. The real estate prices there are a lot more expensive. The price of the median home in Gages Lake is $231,800, which works out to $99,600 (42%) higher than Waukegan. Rents there are substantially more expensive. The median monthly rent in Gages Lake is $1,449, which works out to $489 (33%) higher than Waukegan.