Average Rent in 60201, Evanston, IL

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Current Versus Historical 60201, Evanston, IL Rents

60201 rentals average $2,306 for a studio rental to $5,400 for a 4-bedroom rental. The median price of all currently available listings is $2,950, or roughly $3 per square feet.
For the apartment units and housing in November 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $993 (75.67%) year-over-year from $1,313 to $2,306. 1-bedroom rentals prices have increased by $689 (41.44%) year-over-year from $1,662 to $2,350. 2-bedroom rentals prices have increased by $832 (31.49%) year-over-year from $2,643 to $3,475. 3-bedroom rentals prices have increased by $241 (7.62%) year-over-year from $3,155 to $3,395. 4-bedroom rentals prices have increased by $1,400 (35.00%) year-over-year from $4,000 to $5,400. 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 up by 23.75% this month. 1-bedroom rents have gone down by 0.11% this month. 2-bedroom rents have gone up by 2.73% this month. 3-bedroom rents have gone down by 12.54% this month. 4-bedroom rents have gone up by 0.93% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.82 $2,306 $1,313 (75.67%) $1,987 (16.04%)
1 BR $2.99 $2,350 $1,662 (41.44%) $1,470 (59.90%)
2 BR $3.00 $3,475 $2,643 (31.49%) $2,591 (34.14%)
3 BR $2.41 $3,395 $3,155 (7.62%) $2,935 (15.66%)
4+ BR $2.04 $5,400 $4,000 (35.00%) $3,912 (38.05%)

Historical Rents in 60201, Evanston, IL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 60201

There are a total of 1 cities nearby 60201. The average rent in 60201 is currently $2,804 per month. Only one city nearby has an average rent lower than that. Our records show that Evanston, IL, with an average rent of $2,804, is the most affordable city nearby. In contrast, the most expensive city near 60201, Evanston, IL is Evanston, IL. Monthly rents here are on average $2,804 per month.

Let's compare 60201, Evanston, IL's rent against other top cities nearby by bedroom size. Typically, rent for studios in 60201, Evanston, IL is 19.64% more expensive than other cities nearby. One bedrooms are about 2.08% more expensive. Two bedrooms in 60201, Evanston, IL are about 15.83% more expensive. Finally, rent for three bedrooms are about 2.93% more affordable. Want more information? Check out the top 1 cities near 60201, Evanston, IL in the following chart.
City Studio 1 Bed 2 Bed All
Evanston, IL $1,853 $2,350 $2,925 $2,804

Top Neighborhoods Near 60201

There are a total of 4 neighborhoods in or near 60201. Some of these neighborhoods include Rogers Park, Edgewater, and West Rogers Park. We've included all of these top 4 neighborhoods in or near 60201, Evanston, IL in the following chart.

The average rent for these 4 neighborhoods in or near 60201, Evanston, IL is currently around $1,790 per month. A total of 4 neighborhoods have a lower average rent. Out of all the neighborhoods in or near 60201, Rogers Park has the most affordable average rent at $1,650 per month. Whereas, at $2,100 average rent per month, Ravenswood is the most expensive neighborhood in or near 60201. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Rogers Park, Chicago, IL $1,200 $1,535 $1,863 $1,650
Edgewater, Chicago, IL $1,275 $1,650 $2,100 $1,720
West Rogers Park, Chicago, IL N/A $1,500 $1,878 $1,860
Ravenswood, Chicago, IL $1,338 $1,675 $2,200 $2,100

Top Counties Near 60201

There are a total of 4 counties located by 60201, Evanston, IL. The average rent for rentals in these counties is $2,804. 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 $2,804. Vice versa, with an average rent of $2,804, Evanston, IL is the most expensive county by 60201, Evanston, IL.

Typically, rent for studios in 60201, Evanston, IL is 19.64% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 60201, Evanston, IL is 2.08% more expensive than other counties nearby. Finally, rent for two bedrooms in 60201, Evanston, IL is 15.83% more expensive than other counties nearby. We've listed the top 1 counties in the chart below.
County Studio 1 Bed 2 Bed All
Evanston, IL $1,853 $2,350 $2,925 $2,804

Top Zipcodes Near 60201

There is one zipcode in or near 60201, Evanston, IL. The average rent for this zipcode is $2,000.

The following chart includes the zipcode in or near 60201, Evanston, IL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
60625, Chicago, IL $1,300 $1,400 $1,863 $2,000

Frequently Asked Questions - 60201 Average Rents

What is the average rent price in 60201, Evanston, IL?
The average monthly rental price for 60201, Evanston, IL apartments for rent is approximately $2,950. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 60201, 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 60201, Evanston, IL.
How much is a studio apartment in 60201, Evanston, IL?
The average monthly rental price for studio apartments is $2,306 and an average price per square feet of $3.82. There are a total of 3 studio apartment listings currently available for rent in 60201.
How much is a one bedroom apartment in 60201, Evanston, IL?
The average monthly rental price for one bedroom apartments is $2,400 and an average price per square feet of $2.99. There are a total of 19 one bedroom apartment listings currently available for rent in 60201.
How much is a two bedroom apartment in 60201, Evanston, IL?
The average monthly rental price for two bedroom apartments is $3,475 and an average price per square feet of $3.00. There are a total of 12 two bedroom apartment listings currently available for rent in 60201.
How have rent prices in 60201, Evanston, IL changed this year?
Rent prices for rentals in 60201, Evanston, IL can fluctuate yearly. Specifically, studio rental prices have changed by 0.76%, one bedroom rental prices have changed by 0.41%, two bedroom rental prices have changed by 0.31%, and three bedroom rental prices have changed by 0.08% year-over-year.
What is a reasonable rent price in 60201, Evanston, IL?
A reasonable rent price in 60201, Evanston, IL is around $2,360/month. You can search for these reasonably priced rental listings on RentHop.
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