Waukegan (City), Illinois - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the smoothed and seasonally adjusted Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily in Waukegan (City), Illinois in February 2026 was $1,588.745. The month over month percentage change (MoM) was 0.12%, and the year over year percentage change (YoY) was 5.75%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for Waukegan (City), IL. The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for Waukegan (City), IL.

You can see similar information for other Illinois cities.

Note: Zillow Observed Rent Index (ZORI) is a smoothed measure of the typical observed market rate rent across a given region. ZORI is a repeat-rent index that is weighted to the rental housing stock to ensure representativeness across the entire market, not just homes currently listed for-rent.

Data Source: Zillow.
Waukegan (City), IL - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Waukegan (City), IL - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 0 NaN NaN
Feb 2015 0 NaN NaN
Mar 2015 0 NaN NaN
Apr 2015 0 NaN NaN
May 2015 0 NaN NaN
Jun 2015 0 NaN NaN
Jul 2015 0 NaN NaN
Aug 2015 0 NaN NaN
Sep 2015 0 NaN NaN
Oct 2015 0 NaN NaN
Nov 2015 0 NaN NaN
Dec 2015 0 NaN NaN
Jan 2016 0 NaN NaN
Feb 2016 0 NaN NaN
Mar 2016 0 NaN NaN
Apr 2016 0 NaN NaN
May 2016 934.3987991711646 Infinity Infinity
Jun 2016 933.4606808699373 -0.10 Infinity
Jul 2016 942.4393030629582 0.96 Infinity
Aug 2016 934.0983985007234 -0.88 Infinity
Sep 2016 927.5931998561791 -0.70 Infinity
Oct 2016 925.314911671389 -0.25 Infinity
Nov 2016 934.8333382140329 1.03 Infinity
Dec 2016 946.3924256303138 1.24 Infinity
Jan 2017 949.2497865850679 0.30 Infinity
Feb 2017 954.1542278225633 0.52 Infinity
Mar 2017 955.5847867094877 0.15 Infinity
Apr 2017 964.5036151123207 0.93 Infinity
May 2017 961.5199989318581 -0.31 2.90
Jun 2017 965.8044590043845 0.45 3.47
Jul 2017 965.8042287386577 0.00 2.48
Aug 2017 964.897960620453 -0.09 3.30
Sep 2017 972.5804670374699 0.80 4.85
Oct 2017 973.9610880179094 0.14 5.26
Nov 2017 973.2532526090905 -0.07 4.11
Dec 2017 967.2141364285742 -0.62 2.20
Jan 2018 970.6994523374785 0.36 2.26
Feb 2018 983.7343253233847 1.34 3.10
Mar 2018 989.6305572301486 0.60 3.56
Apr 2018 990.5467367568887 0.09 2.70
May 2018 985.8077959322733 -0.48 2.53
Jun 2018 976.3313065247122 -0.96 1.09
Jul 2018 978.4764493553887 0.22 1.31
Aug 2018 988.7044497504696 1.05 2.47
Sep 2018 1001.1865869592142 1.26 2.94
Oct 2018 1003.2944404090698 0.21 3.01
Nov 2018 1003.8608755637198 0.06 3.15
Dec 2018 1001.3767153806014 -0.25 3.53
Jan 2019 1002.1057287760095 0.07 3.24
Feb 2019 998.6726783302664 -0.34 1.52
Mar 2019 999.0107833420227 0.03 0.95
Apr 2019 1002.4521665376892 0.34 1.20
May 2019 1010.9249502295352 0.85 2.55
Jun 2019 1022.1986941175585 1.12 4.70
Jul 2019 1024.600711312598 0.24 4.71
Aug 2019 1024.272454894888 -0.03 3.60
Sep 2019 1017.8089436186594 -0.63 1.66
Oct 2019 1021.4701451998626 0.36 1.81
Nov 2019 1025.1398894251126 0.36 2.12
Dec 2019 1033.4607872345068 0.81 3.20
Jan 2020 1036.5280509831261 0.30 3.44
Feb 2020 1038.311076221126 0.17 3.97
Mar 2020 1037.4570775095078 -0.08 3.85
Apr 2020 1044.9988734837157 0.73 4.24
May 2020 1051.6471159430223 0.64 4.03
Jun 2020 1057.2818209230588 0.54 3.43
Jul 2020 1059.3619490173164 0.20 3.39
Aug 2020 1056.7107052403192 -0.25 3.17
Sep 2020 1068.6766960938055 1.13 5.00
Oct 2020 1077.493913779189 0.83 5.49
Nov 2020 1095.393685035004 1.66 6.85
Dec 2020 1099.055309743426 0.33 6.35
Jan 2021 1100.089562698757 0.09 6.13
Feb 2021 1112.3070419193505 1.11 7.13
Mar 2021 1115.4241400054025 0.28 7.52
Apr 2021 1129.8266684969813 1.29 8.12
May 2021 1129.0290589852673 -0.07 7.36
Jun 2021 1133.419005543376 0.39 7.20
Jul 2021 1142.9864331526442 0.84 7.89
Aug 2021 1165.9495572568635 2.01 10.34
Sep 2021 1172.075074498564 0.53 9.68
Oct 2021 1178.3050095988503 0.53 9.36
Nov 2021 1166.504201929816 -1.00 6.49
Dec 2021 1180.8330305000927 1.23 7.44
Jan 2022 1196.356452853061 1.32 8.75
Feb 2022 1205.1570505198797 0.74 8.35
Mar 2022 1230.0385504754786 2.07 10.28
Apr 2022 1226.906710439524 -0.25 8.59
May 2022 1250.1619863883577 1.90 10.73
Jun 2022 1251.0716711375933 0.07 10.38
Jul 2022 1263.338234777162 0.98 10.53
Aug 2022 1264.670155800098 0.11 8.47
Sep 2022 1263.0021423938485 -0.13 7.76
Oct 2022 1267.8636255118765 0.39 7.60
Nov 2022 1275.4002775626277 0.59 9.34
Dec 2022 1282.3194459433173 0.54 8.59
Jan 2023 1294.865637898687 0.98 8.23
Feb 2023 1321.7582393213202 2.08 9.68
Mar 2023 1331.084877745944 0.71 8.22
Apr 2023 1337.1392247258475 0.46 8.99
May 2023 1324.766243478985 -0.92 5.97
Jun 2023 1332.438844603413 0.58 6.50
Jul 2023 1341.3297037170857 0.67 6.17
Aug 2023 1344.6247416071028 0.25 6.32
Sep 2023 1356.3422295665139 0.87 7.39
Oct 2023 1363.992201994297 0.56 7.58
Nov 2023 1386.0940057787245 1.62 8.68
Dec 2023 1393.6984639121774 0.55 8.69
Jan 2024 1401.234656129415 0.54 8.22
Feb 2024 1392.3931354663612 -0.63 5.34
Mar 2024 1385.9505472371827 -0.46 4.12
Apr 2024 1383.623036125184 -0.17 3.48
May 2024 1390.806039503124 0.52 4.99
Jun 2024 1405.3930253488716 1.05 5.48
Jul 2024 1417.5370328928454 0.86 5.68
Aug 2024 1438.9192015339434 1.51 7.01
Sep 2024 1460.4468778338626 1.50 7.68
Oct 2024 1473.510209799236 0.89 8.03
Nov 2024 1472.9301933396807 -0.04 6.27
Dec 2024 1479.196716423141 0.43 6.14
Jan 2025 1485.9991527426657 0.46 6.05
Feb 2025 1502.4135766247075 1.11 7.90
Mar 2025 1519.902136836735 1.16 9.66
Apr 2025 1541.6019324903468 1.43 11.42
May 2025 1559.190872271375 1.14 12.11
Jun 2025 1564.3643788577835 0.33 11.31
Jul 2025 1567.579970167408 0.21 10.59
Aug 2025 1567.7403047085384 0.01 8.95
Sep 2025 1564.2760329058472 -0.22 7.11
Oct 2025 1568.0219675053672 0.24 6.41
Nov 2025 1574.540899623396 0.42 6.90
Dec 2025 1581.9897702347719 0.47 6.95
Jan 2026 1586.9241720256523 0.31 6.79
Feb 2026 1588.7453703703704 0.12 5.75