Average Rent in Evanston, IL

Current Versus Historical Evanston, IL Rents

Evanston rentals average $1,185 for a studio rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $1,995, or roughly $3 per square feet.

For the apartment units and housing in April 2024, median rents have risen over the last year. Studio rentals prices have decreased by $549 (-35.57%) year-over-year from $1,544 to $995. 1-bedroom rentals prices have increased by $130 (8.30%) year-over-year from $1,570 to $1,700. 2-bedroom rentals prices have decreased by $135 (-5.76%) year-over-year from $2,350 to $2,215. 3-bedroom rentals prices have decreased by $247 (-7.97%) year-over-year from $3,097 to $2,850. 4-bedroom rentals prices have decreased by $2,390 (-45.83%) year-over-year from $5,215 to $2,825. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 23.52% this month. 1-bedroom rents have gone up by 1.51% this month. 2-bedroom rents have gone down by 0.31% this month. 3-bedroom rents have gone down by 17.39% this month. 4-bedroom rents have gone up by 3.99% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$2.64	$995	$1,544 (-35.57%)	$1,585 (-37.21%)
1 BR	$2.64	$1,700	$1,570 (8.30%)	$1,338 (27.02%)
2 BR	$2.45	$2,215	$2,350 (-5.76%)	$1,657 (33.70%)
3 BR	$2.86	$2,850	$3,097 (-7.97%)	$2,138 (33.28%)

Historical Rents in Evanston, IL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Evanston

Let's compare Evanston, IL's rent against other top cities nearby by bedroom size.

City	Studio	1 Bed	2 Bed	All

Top Neighborhoods Near Evanston

There are a total of 4 neighborhoods in or near Evanston. Some of these neighborhoods include Edgewater, Ravenswood, and Rogers Park. We've included all of these top 4 neighborhoods in or near Evanston, IL in the following chart.

The average rent for these 4 neighborhoods in or near Evanston, IL is currently around $1,600 per month. A total of 4 neighborhoods have a lower average rent. Out of all the neighborhoods in or near Evanston, Edgewater has the most affordable average rent at $1,563 per month. Whereas, at $1,695 average rent per month, West Rogers Park is the most expensive neighborhood in or near Evanston. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Edgewater, Chicago, IL	$1,120	$1,550	$2,095	$1,563
Ravenswood, Chicago, IL	$1,220	$1,550	$2,550	$1,600
Rogers Park, Chicago, IL	$1,085	$1,350	$1,850	$1,600
West Rogers Park, Chicago, IL	$1,200	$1,325	$1,800	$1,695

Top Counties Near Evanston

There are a total of 4 counties located by Evanston, IL. The average rent for rentals in these counties is $1,995. That's roughly around $3 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Evanston, IL. It's average rent per month is $1,995. Vice versa, with an average rent of $1,995, Evanston, IL is the most expensive county by Evanston, IL.

Typically, rent for studios in Evanston, IL is on par with the other counties nearby. In comparison, rent for one bedroom listings in Evanston, IL is on par with the other counties nearby. Finally, rent for two bedrooms in Evanston, IL is on par with the other counties nearby. We've listed the top 1 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Evanston, IL	$1,185	$1,685	$2,150	$1,995

Top Zipcodes Near Evanston

There are a total of 5 zipcodes in or near Evanston, IL. The average rent for all of these zipcodes is $1,600. A total of 5 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 60640, Chicago, IL at $1,550 per month. In comparison, the zipcode with the most expensive average rent of $1,695 per month is 60645, Chicago, IL.

Studios in these zipcodes have an average rent of $1,120. That's at least $3 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Evanston, IL is $1,495 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,925 per month. Which comes out to $2 per sqft. The following chart includes the top 5 zipcodes in Evanston, IL. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
60640, Chicago, IL	$1,120	$1,593	$2,395	$1,550
60625, Chicago, IL	$1,150	$1,495	$1,998	$1,675
60626, Chicago, IL	$1,098	$1,358	$1,850	$1,600
60660, Chicago, IL	$1,120	$1,500	$1,925	$1,575
60645, Chicago, IL	$1,200	$1,325	$1,800	$1,695

Frequently Asked Questions - Evanston Average Rents

What is the average rent price in Evanston, IL?

The average monthly rental price for Evanston, IL apartments for rent is approximately $1,995. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Evanston, IL rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Evanston, IL.

How much is a studio apartment in Evanston, IL?

The average monthly rental price for studio apartments is $1,185 and an average price per square feet of $2.64. There are a total of 7 studio apartment listings currently available for rent in Evanston.

How much is a one bedroom apartment in Evanston, IL?

The average monthly rental price for one bedroom apartments is $1,685 and an average price per square feet of $2.64. There are a total of 27 one bedroom apartment listings currently available for rent in Evanston.

How much is a two bedroom apartment in Evanston, IL?

The average monthly rental price for two bedroom apartments is $2,150 and an average price per square feet of $2.45. There are a total of 32 two bedroom apartment listings currently available for rent in Evanston.

How have rent prices in Evanston, IL changed this year?

Rent prices for rentals in Evanston, IL can fluctuate yearly. Specifically, studio rental prices have changed by -0.36%, one bedroom rental prices have changed by 0.08%, two bedroom rental prices have changed by -0.06%, and three bedroom rental prices have changed by -0.08% year-over-year.

What is a reasonable rent price in Evanston, IL?

A reasonable rent price in Evanston, IL is around $1,596/month. You can search for these reasonably priced rental listings on RentHop.