Average Rent in Evanston, IL

Home  »  IL  »  Evanston

Current Versus Historical Evanston, IL Rents

Evanston rentals average $2,306 for a studio rental to $5,025 for a 4-bedroom rental. The median price of all currently available listings is $2,782, or roughly $2 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 $573 (44.78%) year-over-year from $1,280 to $1,853. 1-bedroom rentals prices have increased by $593 (36.86%) year-over-year from $1,608 to $2,200. 2-bedroom rentals prices have increased by $731 (34.48%) year-over-year from $2,119 to $2,850. 3-bedroom rentals prices have increased by $423 (14.43%) year-over-year from $2,928 to $3,350. 4-bedroom rentals prices have increased by $2,050 (66.13%) year-over-year from $3,100 to $5,150. 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 8.20% this month. 1-bedroom rents have gone down by 0.95% this month. 2-bedroom rents have gone up by 1.29% this month. 3-bedroom rents have gone down by 12.42% this month. 4-bedroom rents have gone down by 3.44% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.82 $1,853 $1,280 (44.78%) $1,416 (30.86%)
1 BR $2.63 $2,200 $1,608 (36.86%) $1,368 (60.78%)
2 BR $2.62 $2,850 $2,119 (34.48%) $1,629 (74.94%)
3 BR $2.16 $3,350 $2,928 (14.43%) $2,430 (37.86%)
4+ BR $1.89 $5,150 $3,100 (66.13%) $3,567 (44.39%)

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 Rogers Park, Edgewater, and West 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 $1,913 per month. A total of 4 neighborhoods have a lower average rent. Out of all the neighborhoods in or near Evanston, Rogers Park has the most affordable average rent at $1,663 per month. Whereas, at $2,100 average rent per month, Ravenswood is the most expensive neighborhood in or near Evanston. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Rogers Park, Chicago, IL $1,200 $1,550 $1,895 $1,663
Edgewater, Chicago, IL $1,300 $1,645 $2,125 $1,800
West Rogers Park, Chicago, IL N/A $1,625 $1,900 $2,025
Ravenswood, Chicago, IL $1,300 $1,899 $2,150 $2,100

Top Counties Near Evanston

There are a total of 4 counties located by Evanston, IL. The average rent for rentals in these counties is $2,641. That's roughly around $2 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is Niles, IL. It's average rent per month is $2,500. Vice versa, with an average rent of $2,782, Evanston, IL is the most expensive county by Evanston, IL.

Typically, rent for studios in Evanston, IL is 50.00% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Evanston, IL is 18.89% more expensive than other counties nearby. Finally, rent for two bedrooms in Evanston, IL is 10.68% more expensive than other counties nearby. We've listed the top 2 counties in the chart below.
County Studio 1 Bed 2 Bed All
Niles, IL N/A $1,400 $2,200 $2,500
Evanston, IL $2,306 $2,250 $2,798 $2,782

Top Zipcodes Near Evanston

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

The following chart includes the zipcode in or near 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 $1,590 $1,825 $2,000

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 $2,782. 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 $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 Evanston.
How much is a one bedroom apartment in Evanston, IL?
The average monthly rental price for one bedroom apartments is $2,250 and an average price per square feet of $2.63. There are a total of 21 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 $2,798 and an average price per square feet of $2.62. 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 0.45%, one bedroom rental prices have changed by 0.37%, two bedroom rental prices have changed by 0.34%, and three bedroom rental prices have changed by 0.14% year-over-year.
What is a reasonable rent price in Evanston, IL?
A reasonable rent price in Evanston, IL is around $2,226/month. You can search for these reasonably priced rental listings on RentHop.
Quantcast